Canadian National Railway Co (CNI) stock
Close on Nov 12, 2026Market cap $78.51BP/E 23.8Yield 1.97%
Canadian National Railway Co grew revenue 1.5% to C$17.30B over fiscal 2025. Operating income rose 5.4% to C$6.59B, moving the operating margin from 36.6% to 38.1%. Free cash flow was C$3.39B, up 7.7% from a year earlier. At the latest close the market valued the company at C$110.75B, 23.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2025, balances at Dec 31, 2025
Valuation
- Market cap
- C$110.75B
- P/E ratio
- 23.8
- Price to sales
- 6.40
- Price to book
- 5.13
- Dividend yield
- 1.97%
- Free cash flow yield
- 3.06%
Fundamentals
- Revenue
- C$17.30B
- Net income
- C$4.72B
- EPS, diluted
- 7.57 CAD
- Free cash flow
- C$3.39B
Trading
- Previous close
- $127.56
- Open
- $128.00
- Day's range
- $127.32 – $129.12
- Volume
- 1,159,976
- Average volume (20 days)
- 1,277,187
- Beta (5 years)
- 0.58
- RSI (14 days)
- 59.8
- Volatility (1 year)
- 22.3%
- Relative volume
- 0.87×
- WACC
- 7.2%
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | CNI | S&P 500 | Difference | CNI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +7.8% | -2.7% | +10.5 pts | ||
| 3 months | +1.7% | -1.7% | +3.4 pts | ||
| Year to date | +31.5% | +11.9% | +19.6 pts | ||
| 1 year | +32.8% | +12.0% | +20.8 pts | ||
| 3 years | +21.7% | +78.2% | −56.5 pts | +6.8% | +21.2% |
| 5 years | +8.7% | +73.2% | −64.5 pts | +1.7% | +11.6% |
| 10 years | +143.3% | +309.6% | −166.3 pts | +9.3% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025, CAD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Canadian National Railway filed with the SEC as exhibits to Form 8-K or 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
About Canadian National Railway
Railroads, Line-Haul Operating
Canadian National Railway Company operates a freight railway network facilitating global and regional supply chains. The company provides scheduled rail transport services for diverse freight, moving commodities that include agricultural items, biofuels, grain, and industrial materials. Through its interconnected freight rail system and single-line service options, the company serves industrial and agricultural producers, commercial shippers, and logistics partners seeking dependable freight transportation.
Company profile, executives and historyCanadian National Railway stock: common questions
What is Canadian National Railway's stock price?
CNI closed at $127.78 on Nov 12, 2026, up 0.17% on the day.
What is Canadian National Railway's market cap?
Canadian National Railway was worth $78.51B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is CNI's P/E ratio?
CNI trades at 23.8 times earnings, based on diluted earnings per share of 7.57 CAD over fiscal 2025.
How much revenue does Canadian National Railway make?
Canadian National Railway reported revenue of C$17.30B for fiscal 2025, up 1.5% from a year earlier.
Does Canadian National Railway pay a dividend?
Yes. Canadian National Railway paid 3.55 CAD per share over the last twelve months, a yield of 1.97% at the latest price, and has raised its annual dividend 17 years in a row.
How has CNI stock performed over the past year?
Including dividends, CNI returned +32.8% over the past year, against +12.0% for the S&P 500.
Who are Canadian National Railway's competitors?
Companies most similar to Canadian National Railway by business, industry and size include CP, CSX, NSC, UNP, FIP.
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