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Canadian National Railway Company CNI

Industrials · Railroads · Canada
https://www.cn.ca
Company Profile ↓
$122.76
+33.17% 1Y
Mkt Cap$74.26B
P/E21.80
P/B4.65
Div. Yield2.12%
52W High$130.58
52W Low$89.85
Book Value$26.22
EPS (TTM)$5.63

Company Overview

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services. It also offers connecting to rail, short lines, maps and network services. The company serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 22.0%, reflecting efficient use of shareholder capital.

Reasonable Valuation

Trades at a P/E of 21.8, below the sector median of 26.0.

Healthy Margins

Maintains a net profit margin of 26.9%.

Dividend Income

Offers a dividend yield of 2.12%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $17.30B (+1.5% YoY); net profit $4.72B.
  • Trailing 12 Months Year-on-year growth — revenue +11.3%, earnings +10.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 0.4%, profit CAGR -2.7%.

Growth & Price Performance

Compounded Sales Growth

5 Years:0.38%
1 Year:11.30%

Compounded Profit Growth

5 Years:-2.66%
1 Year:10.20%

Stock Price Performance

1 Year:+33.17%
6 Months:+15.05%
3 Months:+2.17%
1 Month:-3.03%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 81% of range
$89.85 $130.58
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)41.51 · Neutral
Price Performance
1M-3.03%
3M+2.17%
6M+15.05%
1Y+33.17%
Valuation vs Sector

P/E of 21.80 is below the sector median of 26.00 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 22.0%.
  • Excellent profit margin of 26.9%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -2.7% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
21.80
Industry PE
26.00
Forward P/E
18.82
PEG Ratio
2.82
Book Value
$26.22
Price to Book
4.65
P/S
4.15
EV/EBITDA
10.56
Dividend Yield
2.12%

Growth (CAGR)

Revenue 5Y
0.38%
Profit 5Y
-2.66%
Revenue (YoY)
11.30%
Earnings (YoY)
10.20%

Profitability & Returns

ROCE
12.01%
ROE
22.02%
ROA
7.72%
Profit Margin
26.92%
Op Margin
40.27%
Gross Margin
55.96%
EPS (Latest Qtr)
$2.06
EPS (TTM)
$5.63

Balance Sheet & Liquidity

Debt/Equity
1.04
Quick Ratio
0.50
Current Ratio
0.87
Debt
$22.75B
Total Assets
$60.09B
Current Assets
$2.85B
Working Capital
$-1.23B

Ownership

Promoter Holding
2.70%
Chg in Prom Hold
-0.00%
FII / Inst Holding
74.07%
Chg in FII Hold
-0.12%

Financial Snapshot

Enterprise Value
$74.26B
Total Revenue (TTM)
$17.76B
EBITDA
$9.15B
Free Cash Flow
$3.03B
Operating Cash Flow
$7.02B
Shares Outstanding
604.90M
Gross Margin
55.96%
Payout Ratio
46.28%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CNI Canadian National Railway Company 122.76 21.80 $74.26B 2.12% 12.01% 22.02% 0.38% -2.66%
2 SPCX Space Exploration Technologies Corp. R3KAIDEFENCE 153.47 -139.52 $1.16T 0.00% -3.22% -11.95% 34.08% -3.34%
3 CAT Caterpillar Inc. SPXR3K 822.48 35.47 $378.07B 0.79% 17.98% 56.97% 2.29% 5.24%
4 GE GE Aerospace SPXR3KDEFENCE 334.91 39.40 $347.49B 0.60% 9.52% 48.23% -7.42% -5.36%
5 RTX RTX Corporation SPXR3KDEFENCE 198.81 35.06 $267.95B 1.51% 8.28% 12.27% 2.61% 2.62%
6 GEV GE Vernova Inc. SPXR3KAI 971.31 27.86 $258.69B 0.22% 6.30% 82.58% 8.68% -
7 DE Deere & Company SPXR3K 680.73 37.88 $183.54B 0.95% 12.53% 18.24% 3.43% 5.10%
8 UNP Union Pacific Corporation SPXR3K 288.45 23.38 $171.36B 2.01% 15.22% 39.70% 2.30% 7.77%
9 BA The Boeing Company SPXR3KDEFENCE 210.73 75.80 $166.43B 0.00% -9.01% - 1.67% -3.28%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2024Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue -4.27B4.17B4.46B4.38B4.75B
Cost of Revenue -2.44B2.40B2.50B2.62B2.78B
Gross Profit -1.83B1.77B1.96B1.76B1.97B
Operating Expenses -189.00M161.00M228.00M214.00M191.00M
Operating Income -1.64B1.61B1.73B1.55B1.78B
EBITDA -2.27B2.23B2.36B2.24B2.41B
Interest Expense -219.00M227.00M234.00M234.00M241.00M
Pretax Income -1.56B1.51B1.67B1.52B1.68B
Tax Provision -389.00M368.00M421.00M375.00M431.00M
Net Income -1.17B1.14B1.25B1.15B1.25B
Diluted EPS -1.871.832.031.872.06

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -17.11B16.83B17.05B17.30B
Cost of Revenue -9.71B9.68B10.08B9.97B
Gross Profit -7.40B7.15B6.97B7.33B
Operating Expenses -556.00M554.00M642.00M745.00M
Operating Income -6.84B6.60B6.33B6.59B
EBITDA -9.04B9.03B8.63B9.12B
Interest Expense -548.00M722.00M891.00M913.00M
Pretax Income -6.76B6.49B5.85B6.26B
Tax Provision -1.65B863.00M1.40B1.54B
Net Income -5.12B5.62B4.45B4.72B
Diluted EPS -7.448.537.017.57

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -50.66B52.67B57.07B58.55B
Current Assets -3.22B3.09B2.62B2.47B
Cash & Equivalents -328.00M475.00M389.00M350.00M
Inventory -692.00M699.00M720.00M734.00M
Receivables -1.42B1.30B1.31B1.12B
Total Liabilities -29.28B32.55B36.02B36.99B
Current Liabilities -3.84B5.04B3.98B3.70B
Long Term Debt -14.37B16.13B19.73B20.30B
Total Debt -15.89B18.89B21.37B21.63B
Total Equity -21.38B20.12B21.05B21.57B
Shares Outstanding -672.42M643.83M628.83M614.43M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -6.67B6.96B6.70B7.05B
Investing Cash Flow --2.51B-3.47B-3.61B-3.71B
Financing Cash Flow --4.67B-3.41B-3.62B-3.37B
Capital Expenditure --2.75B-3.19B-3.55B-3.66B
Free Cash Flow -3.92B3.78B3.15B3.39B
Net Change in Cash --510.00M91.00M-528.00M-35.00M

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -43.2%42.5%40.9%42.4%
Operating Margin % -40.0%39.2%37.1%38.1%
Net Margin % -29.9%33.4%26.1%27.3%
ROE % -23.9%28.0%21.1%21.9%
ROCE % -14.6%13.9%11.9%12.0%

Shareholding Pattern

Insiders
2.70%
Institutions
74.07%
Public Float
76.12%

Top Institutional Holders

#Holder% HeldSharesValue
1 Gates Foundation Trust 8.58% 51.83M $6.16B
2 Royal Bank of Canada 5.16% 31.16M $3.71B
3 FIL LTD 3.17% 19.13M $2.28B
4 Caisse De Depot Et Placement Du Quebec 3.14% 18.96M $2.26B
5 1832 Asset Management L.P. 2.73% 16.52M $1.96B
6 Vanguard Capital Management LLC 2.64% 15.92M $1.89B
7 Bank of Montreal /CAN/ 2.46% 14.84M $1.77B
8 TD Asset Management, Inc 1.64% 9.91M $1.18B
9 TCI Fund Management Ltd 1.56% 9.43M $1.12B
10 Mackenzie Financial Corporation 1.48% 8.94M $1.06B

Analyst View

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Latest News

Recent headlines for CNI

Google News ue, 08 Sep 2026

Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar - marketbeat.com

<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxPZkFwQVZsN0MxYmZFaEdqOWIzZ3QxSW9SM1BNSUJ4aGZtd1c2TmU1RzFuM1o5bTNRalhRcXlDall0a3VzM0NHYUgycVFrVWowNm9kTXVzRHE0eGdZQ3dGVWFwT0RBc3VXaHFXMmlVYUJ4bkJ2enFGZzdwLVpybnhNS1VpQzlaUm03TzRvVz…

Google News Mon, 07 Sep 2026

Canadian National Reports Robust Grain Performance Record in August - tradingview.com

<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxNVjdfRWhGakhFODNwVC1icDd2ZXpYX2JpRUpRR0g0NmZXSnVtUW5ZM0gzMHoyei1JVDlVQzRZanFYblVHT0R2N2hfQ2oyZmRfWTRkZTg2T1ZsTXBMX0NjTk9MMjlpeDlXSndfcmdzazMzdGg3QWE0d2ZPemEyRGxYbHU2QUFST3JvalVya2…

Google News Sun, 06 Sep 2026

(CNI) Volatility Zones as Tactical Triggers - Stock Traders Daily

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Google News hu, 03 Sep 2026

A railway moved 2.50 million tonnes of grain in August. CN set a new monthly record. - Stock Titan

<a href="https://news.google.com/rss/articles/CBMigwFBVV95cUxPZ1RqSG5tSnlLUGJBaGkzVkQ0V3hKejV1c21yX3RLSDAycEI3clozU3JMRU11c1djVUhSNkVYcDc0WFZmWW1EQi0zU2VxQjNtZnZQNkRVNm1kbVRLZzVkbVh5NGtPZ2dpUWsxaUdoY3IyejUxMWJhcTRhM1VDamV2M29PSQ?oc=5" targe…

Google News Mon, 25 May 2026

Canadian National (CNI) Could Be a Great Choice - finance.yahoo.com

<a href="https://news.google.com/rss/articles/CBMinwFBVV95cUxPQ3hSUDIyblVUSHJHZjRrTThjNDVtTld1TFRCMkNDLVhUQzlTRFh1REFpR2pKZWpCYWoxRDlfMm9WWlBNczBsdXltSzZxblI5VU03VnZNcjBBQUhJd0NwWVBFbE52TFdMMGVZS1NCUTN0d2w5R3B6TGdobG1vWVd5RDdrWFdUT1lVNERCLV…

Google News Fri, 04 Sep 2026

Canadian National Railway (CNI) Stock Forecast and Price Target 2026 $CNI - marketbeat.com

<a href="https://news.google.com/rss/articles/CBMiYkFVX3lxTFBNcFdpTDJyUnlUdUF2V0JnODBmTElwMGRZRWRoWWlEUFpnQ2RuN3hQOF9PWmt6eW1nSXprZDdUNG5udE5UN3FpWEVNSUdLR2NKQXg4dEVRSVpJV1ZPTXBsblVn?oc=5" target="_blank">Canadian National Railway (CNI) Sto…

CNI — Frequently Asked Questions

What is the current share price of Canadian National Railway Company (CNI)?

As of 2026-09-19 21:16 PDT, Canadian National Railway Company (CNI) trades at $122.76 on NYSE. Its 52-week range is $89.85 to $130.58.

What is the market capitalisation of CNI?

Canadian National Railway Company (CNI) has a market capitalisation of $74.26B on NYSE.

What is the P/E ratio of CNI?

CNI trades at a trailing price-to-earnings (P/E) ratio of 21.80. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 4.65.

Does CNI pay a dividend?

Canadian National Railway Company (CNI) currently offers a dividend yield of 2.12%.

What is the return on equity (ROE) of CNI?

CNI has a return on equity (ROE) of 22.02%. Its return on capital employed (ROCE) is 12.01%.

Is CNI a good stock to buy?

This page provides a data-driven analysis of Canadian National Railway Company (CNI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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