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 Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 17,761 | 17,304 | 17,046 | 16,828 | 17,107 | 14,477 | |
Revenue Growth | 3.60% | 1.51% | 1.29% | -1.63% | 18.17% | 4.76% |
Cost of Revenue | 8,372 | 8,034 | 8,187 | 7,860 | 7,982 | 6,810 |
Gross Profit | 9,389 | 9,270 | 8,859 | 8,968 | 9,125 | 7,667 |
Depreciation & Amortization Expenses | 1,926 | 1,938 | 1,892 | 1,817 | 1,729 | 1,598 |
Other Operating Expenses | 794 | 745 | 720 | 554 | 556 | 453 |
Total Operating Expenses | 2,720 | 2,683 | 2,612 | 2,371 | 2,285 | 2,051 |
Operating Income | 6,669 | 6,587 | 6,247 | 6,597 | 6,840 | 5,616 |
Interest Expense | -936 | -913 | -891 | -722 | -548 | -610 |
Other Non-Operating Income (Expense) | 644 | 590 | 496 | 613 | 471 | 1,336 |
Total Non-Operating Income (Expense) | -292 | -323 | -395 | -109 | -77 | 726 |
Pretax Income | 6,377 | 6,264 | 5,852 | 6,488 | 6,763 | 6,342 |
Provision for Income Taxes | 1,595 | 1,544 | 1,404 | 863 | 1,645 | 1,443 |
Net Income | 4,782 | 4,720 | 4,448 | 5,625 | 5,118 | 4,899 |
Net Income to Common | 4,782 | 4,720 | 4,448 | 5,625 | 5,118 | 4,899 |
Net Income Growth | 4.78% | 6.12% | -20.92% | 9.91% | 4.47% | 38.20% |
Shares Outstanding (Basic) | 614 | 623 | 634 | 658 | 686 | 709 |
Shares Outstanding (Diluted) | 614 | 624 | 635 | 659 | 688 | 710 |
Shares Change | -2.33% | -1.70% | -3.73% | -4.24% | -3.10% | -0.38% |
EPS (Basic) | 7.79 | 7.58 | 7.02 | 8.55 | 7.46 | 6.91 |
EPS (Diluted) | 7.79 | 7.57 | 7.01 | 8.53 | 7.44 | 6.90 |
EPS Growth | 7.30% | 7.99% | -17.82% | 14.65% | 7.83% | 38.83% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,548 | 3,391 | 3,150 | 3,778 | 3,917 | 4,080 |
Free Cash Flow Growth | 9.71% | 7.65% | -16.62% | -3.55% | -4.00% | 23.56% |
Free Cash Flow Per Share | 5.77 | 5.44 | 4.96 | 5.73 | 5.69 | 5.74 |
Dividends Per Share | 3.605 | 3.550 | 3.380 | 3.160 | 2.930 | 2.460 |
Dividend Growth | 4.04% | 5.03% | 6.96% | 7.85% | 19.11% | 6.96% |
Gross Margin | 52.86% | 53.57% | 51.97% | 53.29% | 53.34% | 52.96% |
Operating Margin | 37.55% | 38.07% | 36.65% | 39.20% | 39.98% | 38.79% |
Profit Margin | 26.92% | 27.28% | 26.09% | 33.43% | 29.92% | 33.84% |
FCF Margin | 19.98% | 19.60% | 18.48% | 22.45% | 22.90% | 28.18% |
EBITDA | 8,595 | 8,525 | 8,139 | 8,414 | 8,569 | 7,311 |
EBITDA Margin | 48.39% | 49.27% | 47.75% | 50.00% | 50.09% | 50.50% |
EBIT | 6,669 | 6,587 | 6,247 | 6,597 | 6,840 | 5,616 |
EBIT Margin | 37.55% | 38.07% | 36.65% | 39.20% | 39.98% | 38.79% |
Effective Tax Rate | 25.01% | 24.65% | 23.99% | 13.30% | 24.32% | 22.75% |