Canadian National Railway Company (CNI)
NYSE: CNI · Real-Time Price · USD
114.60
+0.55 (0.48%)
At close: Apr 24, 2026, 4:00 PM EDT
115.02
+0.42 (0.37%)
After-hours: Apr 24, 2026, 7:26 PM EDT

Canadian National Railway Statistics

Total Valuation

Canadian National Railway has a market cap or net worth of $69.96 billion. The enterprise value is $85.51 billion.

Market Cap69.96B
Enterprise Value 85.51B

Important Dates

The next confirmed earnings date is Wednesday, April 29, 2026, before market open.

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

Share Statistics

Canadian National Railway has 611.40 million shares outstanding. The number of shares has decreased by -1.70% in one year.

Current Share Class 610.78M
Shares Outstanding 611.40M
Shares Change (YoY) -1.70%
Shares Change (QoQ) -1.03%
Owned by Insiders (%) 2.69%
Owned by Institutions (%) 73.09%
Float 593.77M

Valuation Ratios

The trailing PE ratio is 20.32 and the forward PE ratio is 20.22.

PE Ratio 20.32
Forward PE 20.22
PS Ratio 5.54
Forward PS 3.88
PB Ratio 4.45
P/TBV Ratio 4.88
P/FCF Ratio 28.22
P/OCF Ratio 13.61
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.94, with an EV/FCF ratio of 34.49.

EV / Earnings 24.84
EV / Sales 6.78
EV / EBITDA 12.94
EV / EBIT 16.46
EV / FCF 34.49

Financial Position

The company has a current ratio of 0.67, with a Debt / Equity ratio of 1.00.

Current Ratio 0.67
Quick Ratio 0.40
Debt / Equity 1.00
Debt / EBITDA 2.32
Debt / FCF 6.36
Interest Coverage 7.80

Financial Efficiency

Return on equity (ROE) is 22.15% and return on invested capital (ROIC) is 12.55%.

Return on Equity (ROE) 22.15%
Return on Assets (ROA) 7.70%
Return on Invested Capital (ROIC) 12.55%
Return on Capital Employed (ROCE) 12.98%
Weighted Average Cost of Capital (WACC) 8.37%
Revenue Per Employee $526,484
Profits Per Employee $143,609
Employee Count23,971
Asset Turnover 0.30
Inventory Turnover 10.31

Taxes

In the past 12 months, Canadian National Railway has paid $1.13 billion in taxes.

Income Tax 1.13B
Effective Tax Rate 24.65%

Stock Price Statistics

The stock price has increased by +17.21% in the last 52 weeks. The beta is 0.96, so Canadian National Railway's price volatility has been similar to the market average.

Beta (5Y) 0.96
52-Week Price Change +17.21%
50-Day Moving Average 107.19
200-Day Moving Average 99.24
Relative Strength Index (RSI) 68.52
Average Volume (20 Days) 1,209,959

Short Selling Information

The latest short interest is 5.24 million, so 0.86% of the outstanding shares have been sold short.

Short Interest 5.24M
Short Previous Month 6.30M
Short % of Shares Out 0.86%
Short % of Float 0.88%
Short Ratio (days to cover) 1.15

Income Statement

In the last 12 months, Canadian National Railway had revenue of $12.62 billion and earned $3.44 billion in profits. Earnings per share was $5.52.

Revenue12.62B
Gross Profit 7.15B
Operating Income 5.20B
Pretax Income 4.57B
Net Income 3.44B
EBITDA 6.61B
EBIT 5.20B
Earnings Per Share (EPS) $5.52
Full Income Statement

Balance Sheet

The company has $255.27 million in cash and $15.78 billion in debt, with a net cash position of -$15.52 billion or -$25.38 per share.

Cash & Cash Equivalents 255.27M
Total Debt 15.78B
Net Cash -15.52B
Net Cash Per Share -$25.38
Equity (Book Value) 15.73B
Book Value Per Share 25.65
Working Capital -893.43M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.14 billion and capital expenditures -$2.67 billion, giving a free cash flow of $2.48 billion.

Operating Cash Flow 5.14B
Capital Expenditures -2.67B
Depreciation & Amortization 1.42B
Net Borrowing 663.08M
Free Cash Flow 2.48B
FCF Per Share $4.05
Full Cash Flow Statement

Margins

Gross margin is 56.67%, with operating and profit margins of 41.16% and 27.28%.

Gross Margin 56.67%
Operating Margin 41.16%
Pretax Margin 36.20%
Profit Margin 27.28%
EBITDA Margin 52.36%
EBIT Margin 41.16%
FCF Margin 19.64%

Dividends & Yields

This stock pays an annual dividend of $2.61, which amounts to a dividend yield of 2.27%.

Dividend Per Share $2.61
Dividend Yield 2.27%
Dividend Growth (YoY) 6.18%
Years of Dividend Growth 30
Payout Ratio 47.20%
Buyback Yield 1.70%
Shareholder Yield 3.98%
Earnings Yield 4.92%
FCF Yield 3.54%
Dividend Details

Analyst Forecast

The average price target for Canadian National Railway is $117.49, which is 2.52% higher than the current price. The consensus rating is "Buy".

Price Target $117.49
Price Target Difference 2.52%
Analyst Consensus Buy
Analyst Count 11
Revenue Growth Forecast (5Y) 5.13%
EPS Growth Forecast (5Y) 10.66%
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 2.53 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.53
Piotroski F-Score 6