Canadian National Railway Co
CNINYSERailroads, Line-Haul OperatingFiscal year ends December 31
$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”
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Adjusted operating ratio (%) (Non-GAAP) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 61.7% | -1.2 pts | 6-K FY2025Q4 (News Release & Statistical Summary) ↗ |
| FY2024 | Dec 31, 2024 | 62.9% | +2.1 pts | 6-K FY2025Q4 (News Release & Statistical Summary) ↗ |
| FY2023 | Dec 31, 2023 | 60.8% | +0.9 pts | 6-K FY2024Q4 (News Release & Statistical Summary) ↗ |
| FY2022 | Dec 31, 2022 | 59.9% | -1.3 pts | 6-K FY2023Q4 (News Release & Statistical Summary) ↗ |
| FY2021 | Dec 31, 2021 | 61.2% | -0.7 pts | 6-K FY2022Q4 (News Release & Statistical Summary) ↗ |
| FY2020 | Dec 31, 2020 | 61.9% | +0.2 pts | 6-K FY2021Q4 (News Release & Statistical Summary) ↗ |
| FY2019 | Dec 31, 2019 | 61.7% | +0.2 pts | 6-K FY2020Q4 (News Release & Statistical Summary) ↗ |
| FY2018 | Dec 31, 2018 | 61.5% | +1.7 pts | 6-K FY2019Q4 (News Release & Statistical Summary) ↗ |
| FY2017 | Dec 31, 2017 | 59.8% | – | 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.