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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 Operating expenses per GTM (C$ cents) by Quarter

Canadian National Railway Operating expenses per GTM (C$ cents): 3 in Q3 2026, up 14.4% from a year earlier. That is the highest of the 46 quarters on record here.

Latest, Q3 2026
3
Period ended Sep 30, 2026
Change on a year earlier
+14.4%
2 in Q3 2025
History
46 quarters
Since Q1 2015
Sources
41
Documents cited below

Where the Q3 2026 figure comes from

“|| Operating expenses per GTM (cents) | 2.62 | 2.29 | 2.49 | 2.32”

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

Reported in Form 6-K Statistical Summary.

Quarterly history

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

PeriodEndedOperating expenses per GTM (C$ cents)Year on yearSource
Q3 2026Sep 30, 20263+14.4%6-K FY2026Q3 (News Release & Statistical Summary) ↗
Q2 2026Jun 30, 20262+9.4%6-K FY2026Q2 (News Release & Statistical Summary) ↗
Q1 2026Mar 31, 20262-1.6%6-K FY2026Q1 (News Release & Statistical Summary) ↗
Q4 2025Dec 31, 20252-4.2%6-K FY2025Q4 (News Release & Statistical Summary) ↗
Q3 2025Sep 30, 20252-2.6%6-K FY2026Q3 (News Release & Statistical Summary) ↗
Q2 2025Jun 30, 20252-4.7%6-K FY2026Q2 (News Release & Statistical Summary) ↗
Q1 2025Mar 31, 20252+3.8%6-K FY2026Q1 (News Release & Statistical Summary) ↗
Q4 2024Dec 31, 20242+7.1%6-K FY2025Q4 (News Release & Statistical Summary) ↗
Q3 2024Sep 30, 20242+3.1%6-K FY2025Q3 (News Release & Statistical Summary) ↗
Q2 2024Jun 30, 20242+4.9%6-K FY2025Q2 (News Release & Statistical Summary) ↗
Q1 2024Mar 31, 20242+1.7%6-K FY2025Q1 (News Release & Statistical Summary) ↗
Q4 2023Dec 31, 20232-0.9%6-K FY2024Q4 (News Release & Statistical Summary) ↗
Q3 2023Sep 30, 20232+2.2%6-K FY2024Q3 (News Release & Statistical Summary) ↗
Q2 2023Jun 30, 20232+5.2%6-K FY2024Q2 (News Release & Statistical Summary) ↗
Q1 2023Mar 31, 20232+3.1%6-K FY2024Q1 (News Release & Statistical Summary) ↗
Q4 2022Dec 31, 20222+14.1%6-K FY2023Q4 (News Release & Statistical Summary) ↗

Breakdown

What makes up operating expenses per GTM (C$ cents)

Cite this data

StockData. (2026). Canadian National Railway Operating expenses per GTM (C$ cents), quarterly Q1 2015–Q3 2026 [Data set]. Compiled from Canadian National Railway SEC filings and investor materials. https://stockdatahq.com/stocks/cni/kpis/opex-per-gtm

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