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 Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 78,419 | 72,128 | 62,443 | 60,625 | 58,249 | 65,067 | 61,156 | 63,738 | 73,664 | 74,691 | 84,077 | 80,825 | 70,393 | 79,604 | 78,332 | 79,763 | 73,206 | 77,098 | 92,999 | 86,113 | |
Market Cap Growth (YoY) | 30.79% | 10.85% | 2.10% | -4.88% | -20.93% | -12.88% | -27.26% | -21.14% | 4.65% | -6.17% | 7.33% | 1.33% | -3.84% | 3.25% | -15.77% | -7.37% | -10.51% | 3.21% | 13.15% | 10.36% |
Enterprise Value | 94,349 | 87,849 | 78,226 | 76,050 | 73,507 | 80,161 | 75,680 | 78,266 | 88,938 | 89,627 | 98,581 | 94,633 | 83,785 | 92,207 | 90,519 | 91,143 | 84,300 | 88,143 | 103,571 | 95,582 |
Last Close Price | 129.52 | 119.24 | 102.77 | 98.85 | 94.30 | 104.04 | 97.46 | 101.51 | 117.15 | 118.31 | 131.87 | 125.76 | 108.33 | 121.07 | 117.97 | 118.87 | 107.99 | 112.47 | 134.14 | 122.86 |
Price Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 23.29 | 21.75 | 18.80 | 17.92 | 17.82 | 19.50 | 19.64 | 20.78 | 18.69 | 19.14 | 21.08 | 19.53 | 19.98 | 20.53 | 20.02 | 21.68 | 21.16 | 19.84 | 24.51 | 22.51 |
PS Ratio | 6.27 | 5.77 | 5.02 | 4.81 | 4.72 | 5.16 | 5.12 | 5.37 | 5.81 | 5.99 | 6.78 | 6.36 | 5.66 | 6.05 | 5.98 | 6.33 | 6.21 | 6.45 | 7.94 | 7.52 |
PB Ratio | 5.08 | 4.68 | 4.05 | 3.86 | 3.81 | 4.11 | 4.07 | 4.35 | 5.12 | 5.26 | 5.73 | 5.32 | 4.79 | 5.17 | 5.08 | 5.06 | 4.60 | 4.56 | 5.32 | 4.79 |
P/TBV Ratio | 3.73 | 3.39 | 3.00 | 2.89 | 2.83 | 3.10 | 2.90 | 3.15 | 3.95 | 4.03 | 4.43 | 4.20 | 3.63 | 4.01 | 3.86 | 3.84 | 3.43 | 3.65 | 4.38 | 3.90 |
P/FCF Ratio | 31.18 | 28.88 | 24.30 | 24.54 | 23.55 | 27.38 | 27.05 | 29.04 | 27.85 | 28.57 | 30.52 | 28.35 | 26.20 | 23.83 | 24.53 | 27.63 | 27.10 | 24.87 | 31.16 | 26.68 |
P/OCF Ratio | 15.77 | 14.61 | 12.14 | 11.80 | 11.90 | 13.26 | 13.05 | 13.65 | 14.00 | 14.90 | 16.18 | 15.38 | 14.02 | 14.20 | 14.81 | 16.23 | 15.62 | 14.54 | 17.64 | 15.61 |
EV Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 7.54 | 7.03 | 6.29 | 6.03 | 5.95 | 6.36 | 6.33 | 6.59 | 7.01 | 7.19 | 7.95 | 7.45 | 6.74 | 7.01 | 6.91 | 7.23 | 7.15 | 7.37 | 8.84 | 8.34 |
EV/EBITDA Ratio | 14.65 | 14.52 | 12.86 | 12.24 | 12.11 | 13.08 | 13.23 | 13.80 | 14.49 | 14.79 | 16.04 | 14.90 | 13.40 | 13.74 | 13.56 | 14.43 | 14.30 | 15.06 | 18.16 | 16.52 |
EV/EBIT Ratio | 18.56 | 18.72 | 16.67 | 15.85 | 15.79 | 17.07 | 17.26 | 17.98 | 18.69 | 19.03 | 20.57 | 19.01 | 17.02 | 17.19 | 16.83 | 18.08 | 17.96 | 19.22 | 23.47 | 21.51 |
EV/FCF Ratio | 37.51 | 35.18 | 30.45 | 30.78 | 29.72 | 33.73 | 33.47 | 35.66 | 33.63 | 34.28 | 35.79 | 33.19 | 31.19 | 27.61 | 28.34 | 31.57 | 31.20 | 28.43 | 34.70 | 29.61 |
Financial Efficiency
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 1.01 | 1.01 | 0.97 | 0.96 | 0.94 | 0.91 | 0.89 | 0.95 | 0.97 | 0.95 | 0.86 | 0.82 | 0.82 | 0.79 | 0.70 | 0.69 | 0.68 | 0.56 | 0.56 | 0.54 |
Debt / EBITDA Ratio | 2.63 | 9.98 | 11.08 | 9.83 | 10.19 | 9.76 | 10.05 | 10.03 | 10.52 | 10.26 | 9.97 | 8.23 | 9.47 | 8.41 | 8.04 | 6.67 | 6.65 | 6.70 | 8.32 | 6.57 |
Debt / FCF Ratio | 6.37 | 24.69 | 27.26 | 21.57 | 26.56 | 22.08 | 32.76 | 20.21 | 35.01 | 21.62 | 37.02 | 12.69 | 31.41 | 15.53 | 28.57 | 11.66 | 11.51 | 14.60 | 71.75 | 10.93 |
Net Debt / Equity Ratio | 1.02 | 1.02 | 1.02 | 0.98 | 1.00 | 0.95 | 0.97 | 0.99 | 1.06 | 1.05 | 0.99 | 0.91 | 0.91 | 0.82 | 0.79 | 0.72 | 0.70 | 0.65 | 0.61 | 0.53 |
Net Debt / EBITDA Ratio | 2.60 | 9.85 | 10.79 | 9.67 | 10.09 | 9.66 | 9.94 | 9.85 | 10.38 | 10.09 | 9.77 | 8.02 | 9.22 | 8.15 | 7.81 | 6.54 | 6.48 | 6.49 | 8.02 | 6.14 |
Net Debt / FCF Ratio | 6.30 | 24.38 | 26.57 | 21.21 | 26.29 | 21.85 | 32.41 | 19.84 | 34.55 | 21.27 | 36.25 | 12.37 | 30.59 | 15.04 | 27.75 | 11.42 | 11.22 | 14.13 | 69.19 | 10.21 |
Asset Turnover | 0.08 | 0.08 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 |
Inventory Turnover | 10.50 | 2.74 | 2.60 | 2.82 | 2.52 | 2.44 | 2.68 | 2.90 | 2.66 | 2.69 | 2.69 | 2.93 | 2.57 | 2.53 | 2.88 | 3.22 | 3.03 | 2.92 | 2.96 | 2.87 |
Quick Ratio | 0.49 | 0.49 | 0.40 | 0.40 | 0.35 | 0.38 | 0.35 | 0.39 | 0.32 | 0.32 | 0.32 | 0.35 | 0.38 | 0.50 | 0.41 | 0.44 | 0.57 | 0.38 | 0.47 | 0.61 |
Current Ratio | 0.87 | 0.87 | 0.67 | 0.67 | 0.60 | 0.82 | 0.62 | 0.66 | 0.64 | 0.63 | 0.60 | 0.61 | 0.72 | 0.93 | 0.74 | 0.84 | 1.01 | 0.71 | 0.84 | 1.10 |
Return on Equity (ROE) | 5.75% | 5.75% | 5.32% | 5.86% | 5.59% | 5.73% | 5.60% | 5.57% | 5.50% | 5.60% | 5.42% | 10.26% | 5.28% | 5.54% | 5.71% | 6.44% | 6.67% | 6.30% | 4.40% | 5.67% |
Return on Assets (ROA) | 2.27% | 2.27% | 2.00% | 2.24% | 2.16% | 2.22% | 2.21% | 2.25% | 2.19% | 2.23% | 2.25% | 4.00% | 2.24% | 2.41% | 2.53% | 2.91% | 2.97% | 2.80% | 1.99% | 2.56% |
Return on Invested Capital (ROIC) | 3.02% | 3.02% | 2.71% | 3.04% | 2.87% | 2.91% | 2.90% | 3.02% | 2.92% | 2.95% | 3.02% | 5.40% | 3.08% | 3.24% | 3.38% | 3.89% | 4.00% | 3.76% | 2.66% | 3.51% |
Return on Capital Employed (ROCE) | 3.24% | 3.24% | 2.87% | 3.21% | 3.11% | 3.20% | 3.18% | 3.23% | 3.12% | 3.23% | 3.28% | 3.85% | 3.18% | 3.48% | 3.67% | 4.15% | 4.20% | 4.07% | 2.84% | 3.60% |
Yields
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 28, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 4.29% | 4.60% | 5.32% | 5.58% | 5.61% | 5.13% | 5.09% | 4.81% | 5.35% | 5.22% | 4.74% | 5.12% | 5.01% | 4.87% | 4.99% | 4.61% | 4.73% | 5.04% | 4.08% | 4.44% |
FCF Yield | 3.21% | 3.46% | 4.11% | 4.08% | 4.25% | 3.65% | 3.70% | 3.44% | 3.59% | 3.50% | 3.28% | 3.53% | 3.82% | 4.20% | 4.08% | 3.62% | 3.69% | 4.02% | 3.21% | 3.75% |
Dividend Yield | 2.02% | 0.54% | 0.64% | 0.65% | 0.67% | 0.63% | 0.63% | 0.58% | 0.53% | 0.52% | 0.47% | 0.47% | 0.53% | 0.49% | 0.49% | 0.45% | 0.49% | 0.50% | 0.43% | 0.40% |
Payout Ratio | 47.64% | 44.36% | 48.69% | 43.67% | 48.29% | 47.44% | 47.98% | 46.34% | 49.03% | 48.03% | 48.96% | 23.90% | 46.48% | 44.64% | 43.11% | 34.72% | 34.23% | 38.04% | 55.45% | 36.05% |
Buyback Yield / Dilution | 2.33% | 3.26% | 2.61% | 2.14% | 1.28% | 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% |
Total Shareholder Return | 4.35% | 3.80% | 3.25% | 2.80% | 1.96% | 1.91% | 2.75% | 3.37% | 4.36% | 4.58% | 4.65% | 4.80% | 4.73% | 4.63% | 4.82% | 4.76% | 4.16% | 3.16% | 2.20% | 1.21% |