Canadian National Railway Company (CNI)
NYSE: CNI · Real-Time Price · USD
111.79
-0.65 (-0.58%)
At close: May 15, 2026, 4:00 PM EDT
111.94
+0.15 (0.14%)
After-hours: May 15, 2026, 5:12 PM EDT

Canadian National Railway Statistics

Total Valuation

Canadian National Railway has a market cap or net worth of $68.05 billion. The enterprise value is $84.17 billion.

Market Cap68.05B
Enterprise Value 84.17B

Important Dates

The last earnings date was Wednesday, April 29, 2026, before market open.

Earnings Date Apr 29, 2026
Ex-Dividend Date Mar 10, 2026

Share Statistics

Canadian National Railway has 607.60 million shares outstanding. The number of shares has decreased by -1.82% in one year.

Current Share Class 607.60M
Shares Outstanding 607.60M
Shares Change (YoY) -1.82%
Shares Change (QoQ) -0.67%
Owned by Insiders (%) 2.71%
Owned by Institutions (%) 74.55%
Float 590.58M

Valuation Ratios

The trailing PE ratio is 20.19 and the forward PE ratio is 19.44.

PE Ratio 20.19
Forward PE 19.44
PS Ratio 5.50
Forward PS 3.72
PB Ratio 4.43
P/TBV Ratio 4.53
P/FCF Ratio 26.14
P/OCF Ratio 13.28
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.06, with an EV/FCF ratio of 32.33.

EV / Earnings 24.97
EV / Sales 6.80
EV / EBITDA 13.06
EV / EBIT 16.62
EV / FCF 32.33

Financial Position

The company has a current ratio of 0.67, with a Debt / Equity ratio of 1.06.

Current Ratio 0.67
Quick Ratio 0.40
Debt / Equity 1.06
Debt / EBITDA 2.45
Debt / FCF 6.24
Interest Coverage 7.74

Financial Efficiency

Return on equity (ROE) is 21.85% and return on invested capital (ROIC) is 12.31%.

Return on Equity (ROE) 21.85%
Return on Assets (ROA) 7.56%
Return on Invested Capital (ROIC) 12.31%
Return on Capital Employed (ROCE) 12.88%
Weighted Average Cost of Capital (WACC) 8.41%
Revenue Per Employee $516,435
Profits Per Employee $140,615
Employee Count23,971
Asset Turnover 0.30
Inventory Turnover 9.13

Taxes

In the past 12 months, Canadian National Railway has paid $1.11 billion in taxes.

Income Tax 1.11B
Effective Tax Rate 24.82%

Stock Price Statistics

The stock price has increased by +5.07% in the last 52 weeks. The beta is 0.99, so Canadian National Railway's price volatility has been similar to the market average.

Beta (5Y) 0.99
52-Week Price Change +5.07%
50-Day Moving Average 107.71
200-Day Moving Average 100.14
Relative Strength Index (RSI) 53.78
Average Volume (20 Days) 1,385,932

Short Selling Information

The latest short interest is 2.08 million, so 0.34% of the outstanding shares have been sold short.

Short Interest 2.08M
Short Previous Month 5.24M
Short % of Shares Out 0.34%
Short % of Float 0.35%
Short Ratio (days to cover) 1.38

Income Statement

In the last 12 months, Canadian National Railway had revenue of $12.38 billion and earned $3.37 billion in profits. Earnings per share was $5.44.

Revenue12.38B
Gross Profit 7.01B
Operating Income 5.06B
Pretax Income 4.48B
Net Income 3.37B
EBITDA 6.45B
EBIT 5.06B
Earnings Per Share (EPS) $5.44
Full Income Statement

Balance Sheet

The company has $419.81 million in cash and $16.24 billion in debt, with a net cash position of -$15.82 billion or -$26.03 per share.

Cash & Cash Equivalents 419.81M
Total Debt 16.24B
Net Cash -15.82B
Net Cash Per Share -$26.03
Equity (Book Value) 15.37B
Book Value Per Share 25.29
Working Capital -1.08B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.12 billion and capital expenditures -$2.56 billion, giving a free cash flow of $2.60 billion.

Operating Cash Flow 5.12B
Capital Expenditures -2.56B
Depreciation & Amortization 1.41B
Net Borrowing 1.32B
Free Cash Flow 2.60B
FCF Per Share $4.28
Full Cash Flow Statement

Margins

Gross margin is 56.66%, with operating and profit margins of 40.91% and 27.23%.

Gross Margin 56.66%
Operating Margin 40.91%
Pretax Margin 36.22%
Profit Margin 27.23%
EBITDA Margin 52.08%
EBIT Margin 40.91%
FCF Margin 21.03%

Dividends & Yields

This stock pays an annual dividend of $2.61, which amounts to a dividend yield of 2.33%.

Dividend Per Share $2.61
Dividend Yield 2.33%
Dividend Growth (YoY) 6.18%
Years of Dividend Growth 30
Payout Ratio 47.92%
Buyback Yield 1.82%
Shareholder Yield 4.12%
Earnings Yield 4.95%
FCF Yield 3.83%
Dividend Details

Analyst Forecast

The average price target for Canadian National Railway is $122.54, which is 9.62% higher than the current price. The consensus rating is "Buy".

Price Target $122.54
Price Target Difference 9.62%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 4.61%
EPS Growth Forecast (5Y) 7.77%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 2, 2013. It was a forward split with a ratio of 2:1.

Last Split Date Dec 2, 2013
Split Type Forward
Split Ratio 2:1

Scores

Canadian National Railway has an Altman Z-Score of 2.44 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.44
Piotroski F-Score 6