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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 2.01%

Canadian National Railway Adjusted operating ratio (Non-GAAP) by Year

Adjusted operating ratio (%) (Non-GAAP) (%)

Canadian National Railway Adjusted operating ratio (Non-GAAP): 61.7% in FY2025, down 1.2 pts from a year earlier.

Latest, FY2025
61.7%
Period ended Dec 31, 2025
Change on a year earlier
-1.2 pts
62.9% in FY2024
History
9 years
Since FY2017
Sources
8
Documents cited below

Where the FY2025 figure comes from

“|| Adjusted operating ratio (%) (2)(3) | 60.1 | 62.6 | 61.7 | 62.9”

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

Annual history

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

PeriodEndedAdjusted operating ratio (%) (Non-GAAP) (%)Year on yearSource
FY2025Dec 31, 202561.7%-1.2 pts6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2024Dec 31, 202462.9%+2.1 pts6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2023Dec 31, 202360.8%+0.9 pts6-K FY2024Q4 (News Release & Statistical Summary) ↗
FY2022Dec 31, 202259.9%-1.3 pts6-K FY2023Q4 (News Release & Statistical Summary) ↗
FY2021Dec 31, 202161.2%-0.7 pts6-K FY2022Q4 (News Release & Statistical Summary) ↗
FY2020Dec 31, 202061.9%+0.2 pts6-K FY2021Q4 (News Release & Statistical Summary) ↗
FY2019Dec 31, 201961.7%+0.2 pts6-K FY2020Q4 (News Release & Statistical Summary) ↗
FY2018Dec 31, 201861.5%+1.7 pts6-K FY2019Q4 (News Release & Statistical Summary) ↗
FY2017Dec 31, 201759.8%–6-K FY2018Q4 (News Release & Statistical Summary) ↗

Cite this data

StockData. (2026). Canadian National Railway Adjusted operating ratio (Non-GAAP) (%), annual FY2017–FY2025 [Data set]. Compiled from Canadian National Railway SEC filings and investor materials. https://stockdatahq.com/stocks/cni/kpis/or-adj

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