Skip to main content
logo
Canadian National Railway Company (CNI)
NYSE: CNI · Real-Time Price · USD
129.52
+0.64 (0.50%)
Jul 28, 2026, 4:00 PM EDT - Market closed

Canadian National Railway Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Revenue
4,7534,3794,4644,1654,2724,4034,3584,1104,3294,2494,4713,9874,0574,3134,5424,5134,3443,7083,7533,591
Revenue Growth
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%5.34%
Gross Profit
2,4582,2472,4172,2672,3162,2702,2982,1372,2532,1712,4312,1052,1712,2612,4792,5022,3471,7972,0741,929
Operating Income
1,7811,5491,7331,6061,6381,6101,6281,5151,5581,5461,8181,5171,6001,6621,9121,9321,7691,2271,5661,341
Net Income
1,2491,1461,2481,1391,1721,1611,1461,0851,1141,1032,1301,1081,1671,2201,4201,4551,3259181,2011,686
Earnings Per Share
2.061.872.031.831.871.851.821.721.751.723.291.691.761.822.102.131.921.311.702.37
EPS Growth
10.16%1.08%11.54%6.40%6.86%7.56%-44.68%1.77%-0.57%-5.50%56.67%-20.66%-8.33%38.93%23.53%-10.13%31.51%-4.38%18.88%71.74%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Petroleum and Chemicals
941928901854808915868839850857861758748828794850829756755715
Metals and Minerals
528468466477496523488502528530507515497529500539466406393410
Forest Products
495434433451461494469467501494486466480511517550513426435425
Coal
243219235237242246238229241221249242263263235258249195165169
Grain and Fertilizers
9801,0491,0987758349511,038786738860994722688861954621604604643510
Intermodal
1,0879629649801,0089408768821,0409599488809831,0121,1841,3401,3261,0561,0491,061
Automotive
285207215217241219206217255216258237235215216208208165146137
Other Segment
19411215217418211517518817611216816716394142147149100167164
Revenue (Total)
4,7534,3794,4644,1654,2724,4034,3584,1104,3294,2494,4713,9874,0574,3134,5424,5134,3443,7083,7533,591

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Cash & Investments
2805733502142162323892733354124754915394843284034654908382,194
Total Debt
22,61622,51621,52221,45920,75421,13321,23720,93520,75820,02518,77118,69117,23316,96815,77015,74914,68413,70512,80713,877
Net Cash (Debt)
-22,336-21,943-21,172-21,245-20,538-20,901-20,848-20,662-20,423-19,613-18,296-18,200-16,694-16,484-15,442-15,346-14,219-13,215-11,969-11,683
Net Cash Growth
--------------------
Net Cash Per Share
-36.77-35.86-34.37-34.13-32.70-33.27-33.12-32.77-32.10-30.55-28.25-27.76-25.18-24.61-22.81-22.43-20.56-18.87-16.92-16.45

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Operating Cash Flow
1,6111,2652,2271,9131,7451,1641,9951,7741,8131,1172,4131,5121,9851,0552,2722,1121,7135702,0862,458
Capital Expenditures
-695-439-1,229-1,105-805-519-944-1,176-853-576-934-917-875-461-920-744-707-379-914-836
Free Cash Flow
9168269988089406451,0515989605411,4795951,1105941,3521,3681,0061911,1721,622
Free Cash Flow Growth
-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%206.62%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Gross Margin
51.71%51.31%54.14%54.43%54.21%51.56%52.73%52.00%52.04%51.09%54.37%52.80%53.51%52.42%54.58%55.44%54.03%48.46%55.26%53.72%
Operating Margin
37.47%35.37%38.82%38.56%38.34%36.57%37.36%36.86%35.99%36.38%40.66%38.05%39.44%38.53%42.10%42.81%40.72%33.09%41.73%37.34%
Pretax Margin
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%58.51%
Profit Margin
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%46.95%
FCF Margin
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%45.17%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
Dividend Per Share
0.9150.9150.8870.8870.8870.8870.8450.8450.8450.8450.7900.7900.7900.7900.7330.7330.7330.7330.6150.615
Dividend Per Share Growth
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%6.96%
Dividend Yield
0.54%0.64%0.65%0.67%0.63%0.63%0.58%0.53%0.52%0.47%0.47%0.53%0.49%0.49%0.45%0.49%0.50%0.43%0.40%0.42%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '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 Sep '21
PE Ratio
21.7518.8017.9217.8219.5019.6420.7818.6919.1421.0819.5319.9820.5320.0221.6821.1619.8424.5122.5122.13
P/FCF Ratio
28.8824.3024.5423.5527.3827.0529.0427.8528.5730.5228.3526.2023.8324.5327.6327.1024.8731.1626.6825.55
PS Ratio
5.775.024.814.725.165.125.375.815.996.786.365.666.055.986.336.216.457.947.527.22