Canadian National Railway Company
NYSE•CNI
CEO: Ms. Tracy A. Robinson
Sector: Industrials
Industry: Railroads
Listing Date: 1996-11-26
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks. It offers trucking services, such as door-to-door services, import and export dray, interline services, and specialized services, comprising flatbed trucks, on-deck mobile transport trays, expedited cargo, and permit/overweight services; and supply chain services. It serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. The company operates a rail network of approximately 20,000 route-miles of track and shipping spanning. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
Contact Information
Market Cap
$60.67B
P/E (TTM)
18.0
22.6
Dividend Yield
2.6%
52W High
$113.09
52W Low
$90.74
52W Range
Rank13Top 2.2%
6.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$3.20B+2.35%
4-Quarter Trend
EPS
$1.46+11.54%
4-Quarter Trend
FCF
$715.40M-5.12%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
2025 Capital Program Spending Total capital spending reached $3.7 billion CAD in 2025, focusing on network maintenance and growth initiatives.
Common Shares Outstanding 614.43 million common shares were issued and outstanding as of December 31, 2025 reporting date.
Debt Facilities Remain Unused The $2.5 billion unsecured revolving credit facility remained fully undrawn at year-end 2025, showing liquidity strength.
Dividend Rate Increased Quarterly dividend rate increased to $0.8875 CAD for 2025, with 2026 projected at $0.9150 CAD.
Risk Factors
US Labor Negotiation Uncertainty US workforce collective bargaining continues under RLA; failure to reach agreement risks operational disruption.
Regulatory Compliance Exposure Operations face evolving safety, environmental, and hazardous material regulations across Canadian and US jurisdictions.
Indigenous Land Claim Complexity Complex Indigenous land claims persist; CN agreed to convey non-rail assets for settlement purposes.
Cybersecurity and Technology Risk Heavy reliance on IT systems exposes the company to cyber risk, testing requirements, and potential regulatory costs.
Outlook
Strategic Capital Allocation Focus $1.4 billion CAD allocated for strategic initiatives in 2025, supporting capacity growth and network resiliency efforts.
Strong Credit Rating Maintained Long-term debt holds 'A' ratings from DBRS and S&P, and 'A2' from Moody's, supporting market access.
New Share Repurchase Approved Board approved a new Normal Course Issuer Bid for up to 24.0 million common shares for 2026-2027.
Climate Goal Achievement Risks Achieving climate goals depends on external factors like renewable fuel cost competitiveness and new technology availability.
Peer Comparison
Revenue (TTM)
$90.09B
$33.67B
$28.44B
Gross Margin (Latest Quarter)
70.5%
69.5%
46.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FDX | $84.03B | 19.6 | 21.4% | 0.0% |
| CMI | $74.64B | 26.4 | 24.1% | 23.9% |
| CSX | $71.57B | 25.6 | 22.9% | 44.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.4%
Moderate Growth
4Q Net Income CAGR
3.4%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 27, 2026
EPS:$1.31
|Revenue:$3.15B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data