Canadian National Railway Company (CNI)

Canadian National Railway Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 18, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	59,984	63,863	81,431	80,336	86,721	77,998
Market Cap Growth	-14.15%	-21.57%	1.36%	-7.36%	11.18%	20.39%
Enterprise Value	75,508	78,310	95,303	91,674	96,039	88,935
Last Close Price	99.53	98.95	119.96	111.24	112.82	99.24
PE Ratio	18.84	20.66	19.12	21.24	22.40	28.04
PS Ratio	4.86	5.39	6.39	6.36	7.58	7.19
PB Ratio	3.93	4.37	5.35	5.09	4.83	5.06
P/TBV Ratio	4.02	4.79	5.86	5.53	5.21	5.51
P/FCF Ratio	24.00	29.17	28.47	27.76	26.90	30.10
P/OCF Ratio	12.26	13.72	15.44	16.31	15.74	16.12
EV/Sales Ratio	6.12	6.61	7.48	7.25	8.40	8.20
EV/EBITDA Ratio	11.76	13.00	14.15	13.68	15.98	14.81
EV/EBIT Ratio	15.09	16.62	17.79	16.91	20.23	18.69
EV/FCF Ratio	30.21	35.77	33.31	31.68	29.79	34.32
Debt / Equity Ratio	1.02	1.01	0.94	0.74	0.57	0.68
Debt / EBITDA Ratio	2.34	2.40	2.07	1.71	1.65	1.69
Debt / FCF Ratio	6.28	6.78	5.00	4.06	3.17	4.04
Asset Turnover	0.31	0.31	0.33	0.35	0.31	0.31
Inventory Turnover	10.04	10.90	10.61	11.69	10.86	10.33
Quick Ratio	0.35	0.43	0.35	0.45	0.61	0.52
Current Ratio	0.60	0.66	0.61	0.84	1.10	0.95
Return on Equity (ROE)	22.68%	21.61%	27.11%	23.20%	23.11%	18.81%
Return on Assets (ROA)	7.77%	7.72%	8.56%	9.25%	8.05%	8.55%
Return on Capital (ROIC)	10.45%	10.41%	11.59%	12.58%	10.94%	11.60%
Return on Capital Employed (ROCE)	13.00%	12.80%	14.90%	15.70%	13.20%	14.60%
Earnings Yield	5.53%	4.84%	5.23%	4.71%	4.46%	3.57%
FCF Yield	4.17%	3.43%	3.51%	3.60%	3.72%	3.32%
Dividend Yield	2.56%	2.37%	1.99%	1.95%	1.72%	1.82%
Payout Ratio	48.23%	48.07%	36.82%	39.16%	35.52%	46.09%
Buyback Yield / Dilution	1.89%	3.73%	4.24%	3.10%	0.38%	1.33%
Total Shareholder Return	4.45%	6.11%	6.24%	5.04%	2.10%	3.15%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q