CNINYSERailroads, Line-Haul OperatingFiscal year ends December 31
CANADIAN NATIONAL RAILWAY CO
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 4, 2026
$120.09−1.70 (-1.40%)
Close on Oct 19, 2026
Canadian National Railway statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available
Income (trailing twelve months)
| Revenue | C$17.30B |
|---|---|
| Operating Income | C$6.59B |
| Pretax Income | C$6.26B |
| Net Income | C$4.72B |
| EBITDA | C$8.53B |
| EPS (Diluted) | 7.57 CAD |
Margins
| Operating Margin | 38.1% |
|---|---|
| Pretax Margin | 36.2% |
| Profit Margin | 27.3% |
| EBITDA Margin | 49.3% |
| FCF Margin | 19.6% |
Returns
| Return on Equity (ROE) | 22.1% |
|---|---|
| Return on Assets (ROA) | 8.16% |
| Return on Invested Capital (ROIC) | 11.7% |
| Return on Capital Employed (ROCE) | 12.0% |
Growth
| Revenue Growth (YoY) | 1.51% |
|---|---|
| Net Income Growth (YoY) | 6.12% |
| EPS Growth (YoY) | 7.99% |
| FCF Growth (YoY) | 7.65% |
| Revenue Growth (3Y CAGR) | 0.38% |
| Revenue Growth (5Y CAGR) | 4.60% |
| EPS Growth (3Y CAGR) | 0.58% |
| EPS Growth (5Y CAGR) | 8.65% |
Balance sheet
| Cash & Short-Term Investments | C$350.00M |
|---|---|
| Total Debt | C$21.33B |
| Net Cash (Debt) | -C$20.98B |
| Net Cash Per Share | -34.15 CAD |
| Equity (Book Value) | C$21.57B |
| Book Value Per Share | 35.10 CAD |
| Tangible Book Value | C$21.35B |
| Working Capital | -C$1.23B |
Financial position
| Current Ratio | 0.67 |
|---|---|
| Quick Ratio | 0.40 |
| Debt / Equity | 0.99 |
| Debt / EBITDA | 2.50 |
| Debt / FCF | 6.29 |
| Net Debt / EBITDA | 2.46 |
| Interest Coverage | 7.21 |
Cash flow (trailing twelve months)
| Operating Cash Flow | C$7.05B |
|---|---|
| Capital Expenditures | -C$3.66B |
| Free Cash Flow | C$3.39B |
| FCF Per Share | 5.52 CAD |
Efficiency
| Asset Turnover | 0.30 |
|---|---|
| Revenue Per Employee | C$725.87K |
| Profits Per Employee | C$198.00K |
| Employee Count | 23,839 |
Dividends and yields
| Dividend Per Share | 3.55 CAD |
|---|---|
| Dividend Growth (YoY) | 5.03% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 46.8% |
| FCF Payout Ratio | 65.1% |
Shares
| Shares Outstanding | 614,434,000 |
|---|---|
| Shares Change (YoY) | -1.70% |
| Float | 588,267,000 |
| Shares Held by Insiders | 4.26% |
| Shares Held by Institutions | 65.8% |
Taxes
| Income Tax | C$1.54B |
|---|---|
| Effective Tax Rate | 24.6% |
Scores
| Graham Number | 77.32 CAD |
|---|---|
| Piotroski F-Score | 6 |
Calculated by StockData from Canadian National Railway's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.