(CNI) Canadian National Railway - Overview
Sector: Industrials | Industry: Railroads | Exchange: NYSE (USA) | Market Cap: 68.667m USD | Total Return: 11.7% in 12m
Avg Turnover: 133M
EPS Trend: 7.3%
Qual. Beats: 0
Rev. Trend: 44.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Canadian National Railway Company (CNI) operates an integrated transportation network spanning Canada and the United States, providing rail, intermodal, and trucking services. The company facilitates the movement of diverse commodities, including automotive parts, energy products, fertilizers, and consumer goods, across a vast infrastructure of ports and logistics parks. As a member of the Class I railroad sector, the company operates within a high-barrier-to-entry industry characterized by significant capital intensity and essential role in North American supply chains.
The business model relies on a hub-and-spoke network that connects the Atlantic, Pacific, and Gulf coasts, offering a geographic advantage for international trade. Beyond basic freight, the company generates revenue through value-added services such as customs brokerage, transloading, and temperature-controlled logistics. Investors may find additional performance metrics and valuation data on ValueRay to further their analysis. Headquartered in Montreal, the firm has remained a central component of the industrial transportation sector since its incorporation in 1919.
- Bulk commodity demand shifts in grain and fertilizer impact freight volume
- Fluctuating fuel prices and labor costs influence operating ratio performance
- International trade volume through Port of Vancouver affects intermodal revenue growth
- Canadian and US regulatory changes pose risks to freight pricing power
- North American industrial production cycles drive demand for chemicals and metals
| Net Income: 4.71b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.33 > 1.0 |
| NWC/Revenue: -8.77% < 20% (prev -9.50%; Δ 0.73% < -1%) |
| CFO/TA 0.12 > 3% & CFO 7.15b > Net Income 4.71b |
| Net Debt (22.3b) to EBITDA (8.60b): 2.59 < 3 |
| Current Ratio: 0.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (611.9m) vs 12m ago -2.61% < -2% |
| Gross Margin: 44.21% > 18% (prev 0.41%; Δ 4.38k% > 0.5%) |
| Asset Turnover: 29.56% > 50% (prev 29.96%; Δ -0.41% > 0%) |
| Interest Coverage Ratio: 7.85 > 6 (EBITDA TTM 8.60b / Interest Expense TTM 850.4m) |
| A: -0.03 (Total Current Assets 3.06b - Total Current Liabilities 4.57b) / Total Assets 59.6b |
| B: 0.31 (Retained Earnings 18.7b / Total Assets 59.6b) |
| C: 0.11 (EBIT TTM 6.67b / Avg Total Assets 58.5b) |
| D: 0.56 (Book Value of Equity 21.2b / Total Liabilities 38.1b) |
| Altman-Z'' = 2.21 = BBB |
| DSRI: 0.99 (Receivables 1.26b/1.26b, Revenue 17.3b/17.2b) |
| GMI: 0.93 (GM 44.21% / 40.90%) |
| AQI: 1.09 (AQ_t 0.11 / AQ_t-1 0.10) |
| SGI: 1.01 (Revenue 17.3b / 17.2b) |
| TATA: -0.04 (NI 4.71b - CFO 7.15b) / TA 59.6b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 114.17 with a total of 1,072,296 shares traded.
Over the past week, the price has changed by +2.19%,
over one month by +0.17%,
over three months by +4.42% and
over the past year by +11.66%.
Canadian National Railway has received a consensus analysts rating of 3.69. Therefore, it is recommended to hold CNI.
- StrongBuy: 9
- Buy: 7
- Hold: 14
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 115.8 | 1.4% |
P/E Forward = 19.2308
P/S = 3.9738
P/B = 4.3056
P/EG = 2.5207
Revenue TTM = 17.3b USD
EBIT TTM = 6.67b USD
EBITDA TTM = 8.60b USD
Long Term Debt = 20.4b USD (from longTermDebt, last quarter)
Short Term Debt = 1.76b USD (from shortTermDebt, last quarter)
Debt = 22.9b USD (from shortLongTermDebtTotal, last quarter) + Leases 317.0m
Net Debt = 22.3b USD (calculated: Debt 22.9b - CCE 587.5m)
Enterprise Value = 91.0b USD (68.7b + Debt 22.9b - CCE 587.5m)
Interest Coverage Ratio = 7.85 (Ebit TTM 6.67b / Interest Expense TTM 850.4m)
EV/FCF = 25.46x (Enterprise Value 91.0b / FCF TTM 3.57b)
FCF Yield = 3.93% (FCF TTM 3.57b / Enterprise Value 91.0b)
FCF Margin = 20.66% (FCF TTM 3.57b / Revenue TTM 17.3b)
Net Margin = 27.22% (Net Income TTM 4.71b / Revenue TTM 17.3b)
Gross Margin = 44.21% ((Revenue TTM 17.3b - Cost of Revenue TTM 9.65b) / Revenue TTM)
Gross Margin QoQ = 42.82% (prev 46.30%)
Tobins Q-Ratio = 1.53 (Enterprise Value 91.0b / Total Assets 59.6b)
Interest Expense / Debt = 3.71% (Interest Expense 850.4m / Debt 22.9b)
Taxrate = 24.65% (376.0m / 1.52b)
NOPAT = 5.03b (EBIT 6.67b * (1 - 24.65%))
Current Ratio = 0.67 (Total Current Assets 3.06b / Total Current Liabilities 4.57b)
Debt / Equity = 1.06 (Debt 22.9b / totalStockholderEquity, last quarter 21.5b)
Debt / EBITDA = 2.59 (Net Debt 22.3b / EBITDA 8.60b)
Debt / FCF = 6.24 (Net Debt 22.3b / FCF TTM 3.57b)
Total Stockholder Equity = 21.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.04% (Net Income 4.71b / Total Assets 59.6b)
RoE = 21.93% (Net Income TTM 4.71b / Total Stockholder Equity 21.5b)
RoCE = 15.92% (EBIT 6.67b / Capital Employed (Equity 21.5b + L.T.Debt 20.4b))
RoIC = 8.94% (NOPAT 5.03b / Invested Capital 56.2b)
WACC = 6.68% (E(68.7b)/V(91.6b) * Re(7.98%) + D(22.9b)/V(91.6b) * Rd(3.71%) * (1-Tc(0.25)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -2.49%
[DCF] Terminal Value 76.64% ; FCFF base≈3.45b ; Y1≈3.74b ; Y5≈4.63b
[DCF] Fair Price = 80.12 (EV 70.9b - Net Debt 22.3b = Equity 48.6b / Shares 606.6m; r=8.35% [WACC [floored]]; 5y FCF grow 9.81% → 2.50% )
EPS Correlation: 7.29 | EPS CAGR: 0.23% | SUE: 0.81 | # QB: 0
Revenue Correlation: 44.91 | Revenue CAGR: 0.59% | SUE: -0.02 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.91 | Chg30d=-1.23% | Revisions=-30% | Analysts=24
EPS next Quarter (2026-09-30): EPS=1.99 | Chg30d=+0.03% | Revisions=+27% | Analysts=23
EPS current Year (2026-12-31): EPS=7.85 | Chg30d=-0.25% | Revisions=-4% | GrowthEPS=+2.9% | GrowthRev=+3.7%
EPS next Year (2027-12-31): EPS=8.73 | Chg30d=-0.39% | Revisions=+8% | GrowthEPS=+11.3% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -30%