Canadian National Railway Company (CNI)

Canadian National Railway Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	76,900	60,625	63,738	80,825	79,763	86,113
Market Cap Growth	32.42%	-4.88%	-21.14%	1.33%	-7.37%	10.36%
Enterprise Value	92,858	76,050	78,266	94,633	91,143	95,582
Last Close Price	127.30	98.85	101.51	125.76	118.87	122.86

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	22.84	17.92	20.78	19.53	21.68	22.51
PS Ratio	6.15	4.81	5.37	6.36	6.33	7.52
PB Ratio	4.99	3.86	4.35	5.32	5.06	4.79
P/TBV Ratio	3.66	2.93	3.18	4.27	3.90	3.91
P/FCF Ratio	30.49	24.54	29.04	28.35	27.63	26.68
P/OCF Ratio	15.42	11.80	13.65	15.38	16.23	15.61

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	7.42	6.03	6.59	7.45	7.23	8.34
EV/EBITDA Ratio	14.42	12.24	13.80	14.90	14.43	16.52
EV/EBIT Ratio	18.26	15.85	17.98	19.01	18.08	21.51
EV/FCF Ratio	36.81	30.78	35.66	33.19	31.57	29.61

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	1.01	0.96	0.95	0.82	0.69	0.54
Debt / EBITDA Ratio	2.63	2.53	2.61	2.23	1.84	1.75
Debt / FCF Ratio	6.37	6.35	6.74	4.97	4.03	3.14
Net Debt / Equity Ratio	1.02	0.98	0.99	0.91	0.72	0.53
Net Debt / EBITDA Ratio	2.60	2.48	2.56	2.17	1.80	1.64
Net Debt / FCF Ratio	6.30	6.24	6.62	4.84	3.94	2.93
Asset Turnover	0.30	0.30	0.31	0.33	0.34	0.31
Inventory Turnover	10.50	11.05	11.54	11.30	12.46	11.62
Quick Ratio	0.49	0.40	0.39	0.35	0.44	0.61
Current Ratio	0.87	0.67	0.66	0.61	0.84	1.10
Return on Equity (ROE)	22.00%	22.15%	21.61%	27.11%	23.20%	23.11%
Return on Assets (ROA)	8.43%	8.59%	8.65%	11.07%	10.44%	9.30%
Return on Invested Capital (ROIC)	11.41%	11.73%	11.82%	15.20%	14.47%	12.95%
Return on Capital Employed (ROCE)	11.94%	12.20%	12.40%	13.97%	14.83%	12.92%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 4, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	4.38%	5.58%	4.81%	5.12%	4.61%	4.44%
FCF Yield	3.28%	4.08%	3.44%	3.53%	3.62%	3.75%
Dividend Yield	2.05%	2.61%	2.32%	1.89%	1.81%	1.58%
Payout Ratio	47.64%	46.78%	48.07%	36.82%	39.16%	35.52%
Buyback Yield / Dilution	2.33%	1.70%	3.73%	4.24%	3.10%	0.38%
Total Shareholder Return	4.38%	4.31%	6.05%	6.13%	4.91%	1.96%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Jul 24, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error