Canadian National Railway Co
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.
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
| Period | Ended | Adjusted debt-to-adjusted EBITDA multiple (times, Non-GAAP) (×) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.51 | -3.5% | 6-K FY2025Q4 (News Release & Statistical Summary) ↗ |
| FY2024 | Dec 31, 2024 | 2.60 | +15.6% | 6-K FY2025Q4 (News Release & Statistical Summary) ↗ |
| FY2023 | Dec 31, 2023 | 2.25 | +21.0% | 6-K FY2024Q4 (News Release & Statistical Summary) ↗ |
| FY2022 | Dec 31, 2022 | 1.86 | +2.2% | 6-K FY2023Q4 (News Release & Statistical Summary) ↗ |
| FY2021 | Dec 31, 2021 | 1.82 | -8.1% | 6-K FY2022Q4 (News Release & Statistical Summary) ↗ |
| FY2020 | Dec 31, 2020 | 1.98 | -2.0% | 6-K FY2021Q4 (News Release & Statistical Summary) ↗ |
| FY2019 | Dec 31, 2019 | 2.02 | +4.1% | 6-K FY2020Q4 (News Release & Statistical Summary) ↗ |
| FY2018 | Dec 31, 2018 | 1.94 | +10.9% | 6-K FY2019Q4 (News Release & Statistical Summary) ↗ |
| FY2017 | Dec 31, 2017 | 1.75 | 0.0% | 6-K FY2018Q4 (News Release & Statistical Summary) ↗ |
| FY2016 | Dec 31, 2016 | 1.75 | – | 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.