Canadian National Railway Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 23, 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
Market Capitalization	67,507	60,939	63,863	81,431	80,336	86,721
Market Cap Growth	3.28%	-4.58%	-21.57%	1.36%	-7.36%	11.18%
Enterprise Value	83,048	76,543	78,310	95,303	91,674	96,039
Last Close Price	110.46	98.85	98.95	119.96	111.24	112.82
PE Ratio	20.02	17.70	20.66	19.12	21.24	22.40
PS Ratio	5.35	4.83	5.39	6.39	6.36	7.58
PB Ratio	4.29	3.87	4.37	5.35	5.09	4.83
P/TBV Ratio	4.71	4.25	4.79	5.86	5.53	5.21
P/FCF Ratio	27.25	24.64	29.17	28.47	27.76	26.90
P/OCF Ratio	13.13	11.85	13.72	15.44	16.31	15.74
EV/Sales Ratio	6.58	6.07	6.61	7.48	7.25	8.40
EV/EBITDA Ratio	12.57	11.58	13.00	14.15	13.68	15.98
EV/EBIT Ratio	15.99	14.73	16.62	17.79	16.91	20.23
EV/FCF Ratio	33.52	30.95	35.77	33.31	31.68	29.79
Debt / Equity Ratio	1.00	1.00	1.01	0.94	0.74	0.57
Debt / EBITDA Ratio	2.32	2.32	2.40	2.07	1.71	1.65
Debt / FCF Ratio	6.38	6.38	6.78	5.00	4.06	3.17
Net Debt / Equity Ratio	0.99	0.99	1.00	0.92	0.73	0.53
Net Debt / EBITDA Ratio	2.35	2.35	2.42	2.07	1.72	1.59
Net Debt / FCF Ratio	6.28	6.28	6.66	4.87	3.97	2.96
Asset Turnover	0.30	0.30	0.31	0.33	0.35	0.31
Inventory Turnover	10.31	10.31	10.90	10.61	11.69	10.86
Quick Ratio	0.40	0.40	0.43	0.35	0.45	0.61
Current Ratio	0.67	0.67	0.66	0.61	0.84	1.10
Return on Equity (ROE)	22.15%	22.15%	21.61%	27.11%	23.20%	23.11%
Return on Assets (ROA)	7.70%	7.70%	7.72%	8.56%	9.25%	8.05%
Return on Invested Capital (ROIC)	12.55%	12.65%	12.79%	16.25%	15.47%	13.81%
Return on Capital Employed (ROCE)	13.00%	13.00%	12.80%	14.90%	15.70%	13.20%
Earnings Yield	5.10%	5.65%	4.84%	5.23%	4.71%	4.46%
FCF Yield	3.67%	4.06%	3.43%	3.51%	3.60%	3.72%
Dividend Yield	2.31%	2.62%	2.37%	1.99%	1.95%	1.72%
Payout Ratio	46.16%	46.78%	48.07%	36.82%	39.16%	35.52%
Buyback Yield / Dilution	1.70%	1.70%	3.73%	4.24%	3.10%	0.38%
Total Shareholder Return	4.01%	4.32%	6.11%	6.24%	5.04%	2.10%

Updated Jan 30, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q