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Canadian National Railway Co

CNINYSERailroads, Line-Haul OperatingFiscal year ends December 31
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 4, 2026Score 8/30
$126.79+3.10 (+2.51%)

Close on Nov 2, 2026Market cap $77.90BP/E 23.4Yield 2.00%

Canadian National Railway Adjusted debt-to-adjusted EBITDA multiple by Quarter

Adjusted debt-to-adjusted EBITDA multiple (times, Non-GAAP) (×)

QuarterlyAnnual

Canadian National Railway Adjusted debt-to-adjusted EBITDA multiple: 2.61× in Q3 2026, up 2.8% from a year earlier.

Latest, Q3 2026
2.61
Period ended Sep 30, 2026
Change on a year earlier
+2.8%
2.54 in Q3 2025
History
46 quarters
Since Q1 2015
Sources
39
Documents cited below

Where the Q3 2026 figure comes from

“|| Adjusted debt-to-adjusted EBITDA multiple (times) | 2.61 | 2.54”

Source: 6-K FY2026Q3 (News Release & Statistical Summary) ↗

Reported in Form 6-K MD&A — Non-GAAP Measures (Adjusted Debt-to-Adjusted EBITDA).

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAdjusted debt-to-adjusted EBITDA multiple (times, Non-GAAP) (×)Year on yearSource
Q3 2026Sep 30, 20262.61+2.8%6-K FY2026Q3 (News Release & Statistical Summary) ↗
Q2 2026Jun 30, 20262.61+4.4%6-K FY2026Q2 (News Release & Statistical Summary) ↗
Q1 2026Mar 31, 20262.65+3.9%6-K FY2026Q1 (News Release & Statistical Summary) ↗
Q4 2025Dec 31, 20252.51-3.5%6-K FY2025Q4 (News Release & Statistical Summary) ↗
Q3 2025Sep 30, 20252.54+1.2%6-K FY2026Q3 (News Release & Statistical Summary) ↗
Q2 2025Jun 30, 20252.50+0.4%6-K FY2026Q2 (News Release & Statistical Summary) ↗
Q1 2025Mar 31, 20252.55+5.4%6-K FY2026Q1 (News Release & Statistical Summary) ↗
Q4 2024Dec 31, 20242.60+15.6%6-K FY2025Q4 (News Release & Statistical Summary) ↗
Q3 2024Sep 30, 20242.51+13.1%6-K FY2025Q3 (News Release & Statistical Summary) ↗
Q2 2024Jun 30, 20242.49+27.0%6-K FY2025Q2 (News Release & Statistical Summary) ↗
Q1 2024Mar 31, 20242.42+27.4%6-K FY2025Q1 (News Release & Statistical Summary) ↗
Q4 2023Dec 31, 20232.25+21.0%6-K FY2024Q4 (News Release & Statistical Summary) ↗
Q3 2023Sep 30, 20232.22+13.3%6-K FY2024Q3 (News Release & Statistical Summary) ↗
Q2 2023Jun 30, 20231.96+1.0%6-K FY2024Q2 (News Release & Statistical Summary) ↗
Q1 2023Mar 31, 20231.90-1.0%6-K FY2024Q1 (News Release & Statistical Summary) ↗
Q4 2022Dec 31, 20221.86+2.2%6-K FY2023Q4 (News Release & Statistical Summary) ↗

Breakdown

What makes up adjusted debt-to-adjusted EBITDA multiple

Cite this data

StockData. (2026). Canadian National Railway Adjusted debt-to-adjusted EBITDA multiple (×), quarterly Q1 2015–Q3 2026 [Data set]. Compiled from Canadian National Railway SEC filings and investor materials. https://stockdatahq.com/stocks/cni/kpis/lev-mult

See every metric in the Canadian National Railway KPI table. Data updated Nov 2, 2026.