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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 Income Statement

Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '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 (YoY)
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%
Cost of Revenue
2,1362,1621,9991,8871,7731,8302,0081,9471,8591,9621,9651,9211,7611,7661,9331,9391,8861,8731,7861,567
Gross Profit
2,6352,5912,3802,5772,3922,4422,3952,4112,2512,3672,2842,5502,2262,2912,3802,6032,6272,4711,9222,186
Other Operating Expenses
158191214228161189167181147151163150131122151556----381
Operating Expenses
6546776986846616786606706226176256135885715991,0074354234202
Operating Income
1,9811,9141,6821,8931,7311,7641,7351,7411,6291,7501,6591,9371,6381,7201,7811,5962,1922,0481,5022,184
Interest Expense
-245-241-234-244-227-219-233-231-230-220-210-199-185-173-165-153-141-128-126-125
Currency Exchange Gain (Loss)
8-23388371-1275-41-2223--1650-33-129----18
Other Non Operating Income (Expenses)
-530-31-77-68143-419329214-52341-117-1-10-14-4
EBT Excluding Unusual Items
1,7391,6801,4551,6551,5071,5611,5031,4881,4091,5621,4511,7361,4511,5481,6171,4552,0501,9101,3622,037
Merger & Restructuring Charges
----34----------------
Gain (Loss) on Sale of Investments
------24---------29---20
Gain (Loss) on Sale of Assets
--6648---20--78-136---15---23
Asset Writedown
-118-------------------
Other Unusual Items
---------------440-135-155-150-506
Pretax Income
1,6211,6801,5211,6691,5071,5611,5271,5081,4091,4841,4511,8721,4511,5481,6171,8811,9151,7551,2121,574
Income Tax Expense
412431375421368389366362324370348-258343381397461460430294373
Net Income
1,2091,2491,1461,2481,1391,1721,1611,1461,0851,1141,1032,1301,1081,1671,2201,4201,4551,3259181,201
Net Income to Common
1,2091,2491,1461,2481,1391,1721,1611,1461,0851,1141,1032,1301,1081,1671,2201,4201,4551,3259181,201
Net Income Growth (YoY)
6.15%6.57%-1.29%8.90%4.98%5.21%5.26%-46.20%-2.08%-4.54%-9.59%50.00%-23.85%-11.92%32.90%18.23%-13.70%27.90%-5.94%17.63%
Shares Outstanding (Basic)
604607611615622627628629630635641646654662668675682690698705
Shares Outstanding (Diluted)
605608612616622628628630631636642648656663670677684692700707
Shares Change (YoY)
-2.76%-3.26%-2.61%-2.15%-1.29%-1.29%-2.12%-2.79%-3.83%-4.06%-4.18%-4.33%-4.19%-4.13%-4.33%-4.31%-3.67%-2.66%-1.77%-0.81%
EPS (Basic)
2.002.061.872.031.831.871.851.821.721.751.723.301.691.761.832.102.131.921.311.70
EPS (Diluted)
2.002.061.872.031.831.871.851.821.721.751.723.291.691.761.822.102.131.921.311.70
EPS Growth (YoY)
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%

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '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
Free Cash Flow
1,0999168269988089406451,0515989605411,4795951,1105941,3521,3681,0061911,172
Free Cash Flow Per Share
1.821.511.351.621.301.501.031.670.951.510.842.280.911.670.892.002.001.450.271.66
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 Growth (YoY)
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%
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%
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%
Free Cash Flow 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%
EBITDA
2,4772,4002,1662,3492,2312,2532,2282,2302,1042,2162,1212,4002,0952,1692,2292,0472,6272,4711,9222,567
EBITDA Margin
51.92%50.49%49.46%52.62%53.56%52.74%50.60%51.17%51.19%51.19%49.92%53.68%52.55%53.46%51.68%45.07%58.21%56.88%51.83%68.40%
D&A For EBITDA
496486484456500489493489475466462463457449448451435423420383
EBIT
1,9811,9141,6821,8931,7311,7641,7351,7411,6291,7501,6591,9371,6381,7201,7811,5962,1922,0481,5022,184
EBIT 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%
Effective Tax Rate
25.42%25.66%24.65%25.22%24.42%24.92%23.97%24.01%22.99%24.93%23.98%-23.64%24.61%24.55%24.51%24.02%24.50%24.26%23.70%
SEC Filings: 10-K · 10-Q