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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 Operating ratio by Year

Operating ratio (%) (%)

QuarterlyAnnual

Canadian National Railway Operating ratio: 61.9% in FY2025, down 1.5 pts from a year earlier.

Latest, FY2025
61.9%
Period ended Dec 31, 2025
Change on a year earlier
-1.5 pts
63.4% in FY2024
History
10 years
Since FY2016
Sources
9
Documents cited below

Where the FY2025 figure comes from

“|| Operating ratio (%) (5) | 61.2 | 62.6 | 61.9 | 63.4”

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

Reported in Form 6-K Statistical Summary & Non-GAAP Measures.

Annual history

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

PeriodEndedOperating ratio (%) (%)Year on yearSource
FY2025Dec 31, 202561.9%-1.5 pts6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2024Dec 31, 202463.4%+2.6 pts6-K FY2025Q4 (News Release & Statistical Summary) ↗
FY2023Dec 31, 202360.8%+0.8 pts6-K FY2024Q4 (News Release & Statistical Summary) ↗
FY2022Dec 31, 202260.0%-1.2 pts6-K FY2023Q4 (News Release & Statistical Summary) ↗
FY2021Dec 31, 202161.2%-4.2 pts6-K FY2022Q4 (News Release & Statistical Summary) ↗
FY2020Dec 31, 202065.4%+2.9 pts6-K FY2021Q4 (News Release & Statistical Summary) ↗
FY2019Dec 31, 201962.5%+0.9 pts6-K FY2020Q4 (News Release & Statistical Summary) ↗
FY2018Dec 31, 201861.6%+1.8 pts6-K FY2019Q4 (News Release & Statistical Summary) ↗
FY2017Dec 31, 201759.8%+3.9 pts6-K FY2018Q4 (News Release & Statistical Summary) ↗
FY2016Dec 31, 201655.9%–6-K FY2017Q4 (News Release & Statistical Summary) ↗

Breakdown

What makes up operating ratio

Cite this data

StockData. (2026). Canadian National Railway Operating ratio (%), annual FY2016–FY2025 [Data set]. Compiled from Canadian National Railway SEC filings and investor materials. https://stockdatahq.com/stocks/cni/kpis/or-gaap

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