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Canadian National Railway Company (CNI)
NYSE: CNI · Real-Time Price · USD
124.06
-2.43 (-1.92%)
At close: Nov 6, 2026, 4:00 PM EST
124.00
-0.06 (-0.05%)
After-hours: Nov 6, 2026, 7:37 PM EST

Canadian National Railway Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
4,7714,7534,3794,4644,1654,2724,4034,3584,1104,3294,2494,4713,9874,0574,3134,5424,5134,3443,7083,753
Revenue Growth
14.55%11.26%-0.55%2.43%1.34%-1.32%3.62%-2.53%3.08%6.70%-1.48%-1.56%-11.65%-6.61%16.32%21.02%25.67%20.73%4.89%2.65%
Gross Profit
2,6352,5912,3802,5772,3922,4422,3952,4112,2512,3672,2842,5502,2262,2912,3802,6032,6272,4711,9222,186
Operating Income
1,9811,9141,6821,8931,7311,7641,7351,7411,6291,7501,6591,9371,6381,7201,7811,5962,1922,0481,5022,184
Net Income
1,2091,2491,1461,2481,1391,1721,1611,1461,0851,1141,1032,1301,1081,1671,2201,4201,4551,3259181,201
Earnings Per Share
2.002.061.872.031.831.871.851.821.721.751.723.291.691.761.822.102.131.921.311.70
EPS Growth
9.29%10.24%1.12%11.40%6.40%6.74%7.52%-44.62%1.77%-0.57%-5.50%56.22%-20.66%-8.33%38.93%23.79%-10.13%31.51%-4.38%18.39%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Petroleum and Chemicals
1,000941928901854808915868839850857861758748828794850829756755
Metals and Minerals
561528468466477496523488502528530507515497529500539466406393
Forest Products
495495434433451461494469467501494486466480511517550513426435
Coal
246243219235237242246238229241221249242263263235258249195165
Grain and Fertilizers
9239801,0491,0987758349511,038786738860994722688861954621604604643
Intermodal
1,0651,0879629649801,0089408768821,0409599488809831,0121,1841,3401,3261,0561,049
Automotive
284285207215217241219206217255216258237235215216208208165146
Other Segment
19719411215217418211517518817611216816716394142147149100167
Revenue (Total)
4,7714,7534,3794,4644,1654,2724,4034,3584,1104,3294,2494,4713,9874,0574,3134,5424,5134,3443,7083,753

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
770307586350226217233389273335412475491539484328403491490838
Total Debt
23,88222,75322,66621,63021,62220,93521,25821,37121,06120,88320,14818,88818,81117,34816,96815,89515,74914,83213,70512,915
Net Cash (Debt)
-23,112-22,446-22,080-21,280-21,396-20,718-21,025-20,982-20,788-20,548-19,736-18,413-18,320-16,809-16,484-15,567-15,346-14,341-13,215-12,077
Net Cash Growth
--------------------
Net Cash Per Share
-38.19-36.95-36.08-34.55-34.38-32.99-33.46-33.33-32.97-32.30-30.75-28.43-27.94-25.35-24.61-23.00-22.43-20.73-18.87-17.07

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
1,9041,6111,2652,2271,9131,7451,1641,9951,7741,8131,1172,4131,5121,9851,0552,2722,1121,7135702,086
Capital Expenditures
-805-695-439-1,229-1,105-805-519-944-1,176-853-576-934-917-875-461-920-744-707-379-914
Free Cash Flow
1,0999168269988089406451,0515989605411,4795951,1105941,3521,3681,0061911,172
Free Cash Flow Growth
36.02%-2.55%28.06%-5.04%35.12%-2.08%19.22%-28.94%0.50%-13.51%-8.92%9.39%-56.51%10.34%211.00%15.36%-15.66%34.85%-64.63%1.65%

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
55.23%54.51%54.35%57.73%57.43%57.16%54.40%55.32%54.77%54.68%53.75%57.03%55.83%56.47%55.18%57.31%58.21%56.88%51.83%58.25%
Operating Margin
41.52%40.27%38.41%42.41%41.56%41.29%39.41%39.95%39.63%40.42%39.04%43.32%41.08%42.40%41.29%35.14%48.57%47.14%40.51%58.19%
Pretax Margin
33.98%35.35%34.73%37.39%36.18%36.54%34.68%34.60%34.28%34.28%34.15%41.87%36.39%38.16%37.49%41.41%42.43%40.40%32.69%41.94%
Profit Margin
25.34%26.28%26.17%27.96%27.35%27.43%26.37%26.30%26.40%25.73%25.96%47.64%27.79%28.77%28.29%31.26%32.24%30.50%24.76%32.00%
FCF Margin
23.04%19.27%18.86%22.36%19.40%22.00%14.65%24.12%14.55%22.18%12.73%33.08%14.92%27.36%13.77%29.77%30.31%23.16%5.15%31.23%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.9150.9150.9150.8870.8870.8870.8870.8450.8450.8450.8450.7900.7900.7900.7900.7330.7330.7330.7330.615
Dividend Per Share Growth
3.10%3.10%3.10%5.03%5.03%5.03%5.03%6.96%6.96%6.96%6.96%7.85%7.85%7.85%7.85%19.11%19.11%19.11%19.11%6.96%
Dividend Yield
2.13%2.12%2.49%2.61%2.65%2.43%2.44%2.31%2.10%2.01%1.80%1.89%2.10%1.88%1.86%1.81%1.87%1.85%1.52%1.57%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
21.1621.5118.5917.7017.7419.5419.5320.6618.3618.8020.7419.1219.5620.1819.6421.2420.8119.5124.2422.40
P/FCF Ratio
26.7428.9824.4824.6423.7927.5827.0529.1727.8728.6930.6628.4726.3324.0024.6427.7627.2825.0831.4526.90
PS Ratio
5.595.795.064.834.765.205.125.395.816.026.816.395.696.096.016.366.256.508.017.58