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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 Year

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

Canadian National Railway Adjusted debt-to-adjusted EBITDA multiple: 2.51× in FY2025, down 3.5% from a year earlier.

Latest, FY2025
2.51
Period ended Dec 31, 2025
Change on a year earlier
-3.5%
2.60 in FY2024
History
10 years
Since FY2016
Sources
9
Documents cited below

Where the FY2025 figure comes from

“|| Adjusted debt-to-adjusted EBITDA multiple (times) | 2.51 | 2.60”

Source: 6-K FY2025Q4 (News Release & Statistical Summary) ↗

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

Annual 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
FY2025Dec 31, 20252.51-3.5%6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2024Dec 31, 20242.60+15.6%6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2023Dec 31, 20232.25+21.0%6-K FY2024Q4 (News Release & Statistical Summary) ↗
FY2022Dec 31, 20221.86+2.2%6-K FY2023Q4 (News Release & Statistical Summary) ↗
FY2021Dec 31, 20211.82-8.1%6-K FY2022Q4 (News Release & Statistical Summary) ↗
FY2020Dec 31, 20201.98-2.0%6-K FY2021Q4 (News Release & Statistical Summary) ↗
FY2019Dec 31, 20192.02+4.1%6-K FY2020Q4 (News Release & Statistical Summary) ↗
FY2018Dec 31, 20181.94+10.9%6-K FY2019Q4 (News Release & Statistical Summary) ↗
FY2017Dec 31, 20171.750.0%6-K FY2018Q4 (News Release & Statistical Summary) ↗
FY2016Dec 31, 20161.75–6-K FY2017Q4 (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 (×), annual FY2016–FY2025 [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.