CNI Stock Analysis: Canadian National Railway | NYSE
Railroads | NYSE, USA | Market Cap: 72.081m USD | 12M Return: 26.3% | CA1363751027 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 131M
EPS Trend: 35.9%
Qual. Beats: 1
Rev. Trend: 88.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Canadian National Railway Company (NYSE: CNI) is a Class I freight railroad headquartered in Montreal, Canada, operating in the rail, intermodal, trucking, and related transportation businesses across Canada and the United States. Founded in 1919, CNI offers a comprehensive suite of services, including rail transportation, customs brokerage, transloading, warehousing, and less-than-truckload services, along with specialized intermodal offerings like temperature-controlled transport and logistics parks. The company serves a diverse range of industries, including automotive, coal, fertilizers, forest products, grain, metals and minerals, petroleum and chemicals, consumer goods, and third-party logistics, reflecting the broad reach of North American freight rail networks that connect ports, industrial hubs, and inland markets.
- Intermodal volume growth accelerates amid shifting supply chains
- USMCA trade flows and grain shipments anchor network demand
- Operating ratio gains drive margin expansion and buyback capacity
| Net Income: 4.78b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.21 > 1.0 |
| NWC/Revenue: -2.37% < 20% (prev -3.74%; Δ 1.37% < -1%) |
| CFO/TA 0.12 > 3% & CFO 7.02b > Net Income 4.78b |
| Net Debt (22.7b) to EBITDA (9.04b): 2.51 < 3 |
| Current Ratio: 0.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (607.5m) vs 12m ago -3.26% < -2% |
| Gross Margin: 44.42% > 18% (prev 41.27%; Δ 3.15% > 0.5%) |
| Asset Turnover: 30.41% > 50% (prev 30.19%; Δ 0.22% > 0%) |
| Interest Coverage Ratio: 8.15 > 6 (EBIT TTM 7.11b / Interest Expense TTM 872.5m) |
| A: -0.01 (Total Current Assets 2.85b - Total Current Liabilities 3.27b) / Total Assets 60.1b |
| B: 0.32 (Retained Earnings 19.0b / Total Assets 60.1b) |
| C: 0.12 (EBIT TTM 7.11b / Avg Total Assets 58.4b) |
| D: 0.57 (Book Value of Equity 21.9b / Total Liabilities 38.2b) |
| Altman-Z'' = 2.40 = A |
| DSRI: 1.12 (Receivables 1.31b/1.13b, Revenue 17.8b/17.1b) |
| GMI: 0.93 (GM 41.27% / 44.42%) |
| AQI: 1.09 (AQ_t 0.11 / AQ_t-1 0.10) |
| SGI: 1.04 (Revenue 17.8b / 17.1b) |
| TATA: -0.04 (NI 4.78b - CFO 7.02b) / TA 60.1b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of October 12, 2026, the stock is trading at USD 117.78 with a total of 716,249 shares traded. Over the past week, the price has changed by -1.66%, over one month by -3.33%, over three months by -4.76% and over the past year by +26.33%.
Current recommended Stop Loss: 114.70 (which is 2.6% or 1.4 ATR below the current price).
Canadian National Railway has received a consensus analysts rating of 3.77. Therefore, it is recommended to hold CNI.
- StrongBuy: 10
- Buy: 5
- Hold: 14
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 135.6 | 15.1% |
P/E Trailing = 21.2692
P/E Forward = 18.9394
P/S = 4.0584
P/B = 4.6255
P/EG = 2.4368
Revenue TTM = 17.8b USD
EBIT TTM = 7.11b USD
EBITDA TTM = 9.04b USD
Long Term Debt = 21.7b USD (from longTermDebt, last quarter)
Short Term Debt = 512.2m USD (from shortTermDebt, last quarter)
Debt = 23.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 362.0m
Net Debt = 22.7b USD (calculated: Debt 23.0b - CCE 294.1m)
Enterprise Value = 94.8b USD (72.1b + Debt 23.0b - CCE 294.1m)
Interest Coverage Ratio = 8.15 (Ebit TTM 7.11b / Interest Expense TTM 872.5m)
EV/FCF = 26.70x (Enterprise Value 94.8b / FCF TTM 3.55b)
FCF Yield = 3.75% (FCF TTM 3.55b / Enterprise Value 94.8b)
FCF Margin = 19.97% (FCF TTM 3.55b / Revenue TTM 17.8b)
Net Margin = 26.91% (Net Income TTM 4.78b / Revenue TTM 17.8b)
Gross Margin = 44.42% ((Revenue TTM 17.8b - Cost of Revenue TTM 9.88b) / Revenue TTM)
Gross Margin QoQ = 43.72% (prev 42.82%)
Tobins Q-Ratio = 1.58 (Enterprise Value 94.8b / Total Assets 60.1b)
Interest Expense / Debt = 3.80% (Interest Expense 872.5m / Debt 23.0b)
Taxrate = 25.01% (1.60b / 6.38b)
NOPAT = 5.33b (EBIT 7.11b * (1 - 25.01%))
Current Ratio = 0.87 (Total Current Assets 2.85b / Total Current Liabilities 3.27b)
Debt / Equity = 1.05 (Debt 23.0b / totalStockholderEquity, last quarter 21.9b)
Debt / EBITDA = 2.51 (Net Debt 22.7b / EBITDA 9.04b)
Debt / FCF = 6.39 (Net Debt 22.7b / FCF TTM 3.55b)
Total Stockholder Equity = 21.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.19% (Net Income 4.78b / Total Assets 60.1b)
RoE = 22.19% (Net Income TTM 4.78b / Total Stockholder Equity 21.6b)
RoCE = 16.43% (EBIT 7.11b / Capital Employed (Equity 21.6b + L.T.Debt 21.7b))
RoIC = 9.35% (NOPAT 5.33b / Invested Capital 57.1b)
WACC = 6.29% (E(72.1b)/V(95.1b) * Re(7.39%) + D(23.0b)/V(95.1b) * Rd(3.80%) * (1-Tc(0.25)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.64 | Cagr: -2.42%
[DCF] Terminal Value 76.64% ; FCFF base≈3.42b ; Y1≈3.72b ; Y5≈4.60b
[DCF] Fair Price = 78.92 (EV 70.4b - Net Debt 22.7b = Equity 47.7b / Shares 604.1m; r=8.35% [WACC [floored]]; 5y FCF grow 9.76% → 2.50% )
EPS Correlation: 35.93 | EPS CAGR: 0.84% | SUE: 1.47 | # QB: 1
Revenue Correlation: 88.16 | Revenue CAGR: 1.52% | SUE: 0.25 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.08 | Chg30d=-0.41% | Revisions=+29% | Analysts=26
EPS current Year (2026-12-31): EPS=8.12 | Chg30d=-0.18% | Revisions=+0% | GrowthEPS=+6.5% | GrowthRev=+7.1%
EPS next Year (2027-12-31): EPS=8.99 | Chg30d=-0.15% | Revisions=+22% | GrowthEPS=+10.7% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +21% (up=10, down=6)