Canadian National Railway Company (CNI)
NYSE: CNI · Real-Time Price · USD
119.50
+0.05 (0.04%)
Jun 4, 2026, 4:00 PM EDT - Market closed

Canadian National Railway Statistics

Total Valuation

Canadian National Railway has a market cap or net worth of $72.64 billion. The enterprise value is $88.52 billion.

Market Cap72.64B
Enterprise Value 88.52B

Important Dates

The next estimated earnings date is Tuesday, July 21, 2026, after market close.

Earnings Date Jul 21, 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 (%) 71.73%
Float 590.58M

Valuation Ratios

The trailing PE ratio is 21.55 and the forward PE ratio is 21.00.

PE Ratio 21.55
Forward PE 21.00
PS Ratio 5.87
Forward PS 4.00
PB Ratio 4.73
P/TBV Ratio 4.84
P/FCF Ratio 28.28
P/OCF Ratio 14.18
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.73, with an EV/FCF ratio of 34.46.

EV / Earnings 26.26
EV / Sales 7.15
EV / EBITDA 13.73
EV / EBIT 17.48
EV / FCF 34.46

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 6.32
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) 8.48%
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 +12.90% 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 +12.90%
50-Day Moving Average 111.25
200-Day Moving Average 101.67
Relative Strength Index (RSI) 65.64
Average Volume (20 Days) 1,107,435

Short Selling Information

The latest short interest is 2.22 million, so 0.37% of the outstanding shares have been sold short.

Short Interest 2.22M
Short Previous Month 2.15M
Short % of Shares Out 0.37%
Short % of Float 0.38%
Short Ratio (days to cover) 3.73

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 $2.57 billion.

Operating Cash Flow 5.12B
Capital Expenditures -2.56B
Depreciation & Amortization 1.39B
Net Borrowing 1.31B
Free Cash Flow 2.57B
FCF Per Share $4.23
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 20.75%

Dividends & Yields

This stock pays an annual dividend of $2.61, which amounts to a dividend yield of 2.18%.

Dividend Per Share $2.61
Dividend Yield 2.18%
Dividend Growth (YoY) 6.18%
Years of Dividend Growth 30
Payout Ratio 47.92%
Buyback Yield 1.82%
Shareholder Yield 4.00%
Earnings Yield 4.64%
FCF Yield 3.54%
Dividend Details

Analyst Forecast

The average price target for Canadian National Railway is $115.65, which is -3.22% lower than the current price. The consensus rating is "Buy".

Price Target $115.65
Price Target Difference -3.22%
Analyst Consensus Buy
Analyst Count 28
Revenue Growth Forecast (3Y) 4.43%
EPS Growth Forecast (3Y) 7.71%
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