(CNI) Canadian National Railway - Ratings and Ratios
Exchange: NYSE •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: CA1363751027
Rail, Intermodal, Trucking, Logistics, Supply Chain
Dividends
| Dividend Yield | 3.20% |
| Yield on Cost 5y | 3.19% |
| Yield CAGR 5y | 9.00% |
| Payout Consistency | 94.5% |
| Payout Ratio | 34.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 20.6% |
| Value at Risk 5%th | 33.6% |
| Relative Tail Risk | -0.90% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.49 |
| Alpha | -19.88 |
| CAGR/Max DD | -0.20 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.413 |
| Beta | 0.579 |
| Beta Downside | 0.382 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.13% |
| Mean DD | 12.96% |
| Median DD | 11.03% |
Description: CNI Canadian National Railway December 02, 2025
Canadian National Railway (CNI) operates an integrated rail, intermodal, and trucking network across Canada and the United States, delivering services that range from traditional rail haulage to door-to-door logistics, customs brokerage, and specialized cargo handling such as temperature-controlled and overweight shipments.
Key metrics that shape CNI’s outlook include a FY 2023 operating ratio of roughly 59.5%-well-above the industry average of 62%-and a 4.2% year-over-year increase in intermodal volume, driven by robust demand for automotive and consumer-goods shipments. The company’s exposure to North-American grain exports and U.S. coal transport makes it sensitive to commodity price cycles, while its expanding logistics parks and port partnerships position it to capture growth in e-commerce-related freight.
For a deeper quantitative dive, the ValueRay platform offers a granular breakdown of CNI’s valuation levers and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (4.30b TTM) > 0 and > 6% of Revenue (6% = 961.4m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA -0.59pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -10.37% (prev -9.77%; Δ -0.60pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 6.82b > Net Income 4.30b (YES >=105%, WARN >=100%) |
| Net Debt (20.91b) to EBITDA (8.35b) ratio: 2.50 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (622.4m) change vs 12m ago -1.28% (target <= -2.0% for YES) |
| Gross Margin 42.16% (prev 41.53%; Δ 0.63pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 28.58% (prev 31.50%; Δ -2.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.71 (EBITDA TTM 8.35b / Interest Expense TTM 846.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.20
| (A) -0.03 = (Total Current Assets 2.51b - Total Current Liabilities 4.17b) / Total Assets 57.65b |
| (B) 0.33 = Retained Earnings (Balance) 18.79b / Total Assets 57.65b |
| (C) 0.12 = EBIT TTM 6.52b / Avg Total Assets 56.07b |
| (D) 0.52 = Book Value of Equity 18.79b / Total Liabilities 36.38b |
| Total Rating: 2.20 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 66.87
| 1. Piotroski 6.0pt |
| 2. FCF Yield 3.35% |
| 3. FCF Margin 21.49% |
| 4. Debt/Equity 1.00 |
| 5. Debt/Ebitda 2.50 |
| 6. ROIC - WACC (= 5.11)% |
| 7. RoE 20.11% |
| 8. Rev. Trend -14.40% |
| 9. EPS Trend 15.52% |
What is the price of CNI shares?
As of December 04, 2025, the stock is trading at USD 98.63 with a total of 1,244,443 shares traded.
Over the past week, the price has changed by +4.91%, over one month by +3.15%, over three months by +2.81% and over the past year by -7.40%.
Over the past week, the price has changed by +4.91%, over one month by +3.15%, over three months by +2.81% and over the past year by -7.40%.
Is CNI a buy, sell or hold?
Canadian National Railway has received a consensus analysts rating of 3.69.
Therefor, it is recommend to hold CNI.
- Strong Buy: 9
- Buy: 7
- Hold: 14
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the CNI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 108.7 | 10.2% |
| Analysts Target Price | 108.7 | 10.2% |
| ValueRay Target Price | 100.6 | 2% |
CNI Fundamental Data Overview November 24, 2025
Market Cap CAD = 81.58b (58.25b USD * 1.4005 USD.CAD)
P/E Trailing = 17.7801
P/E Forward = 16.0772
P/S = 3.3872
P/B = 3.7786
P/EG = 2.0481
Beta = 0.907
Revenue TTM = 16.02b CAD
EBIT TTM = 6.52b CAD
EBITDA TTM = 8.35b CAD
Long Term Debt = 19.55b CAD (from longTermDebt, last quarter)
Short Term Debt = 1.57b CAD (from shortLongTermDebt, last quarter)
Debt = 21.37b CAD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 20.91b CAD (from netDebt column, last quarter)
Enterprise Value = 102.74b CAD (81.58b + Debt 21.37b - CCE 214.0m)
Interest Coverage Ratio = 7.71 (Ebit TTM 6.52b / Interest Expense TTM 846.0m)
FCF Yield = 3.35% (FCF TTM 3.44b / Enterprise Value 102.74b)
FCF Margin = 21.49% (FCF TTM 3.44b / Revenue TTM 16.02b)
Net Margin = 26.82% (Net Income TTM 4.30b / Revenue TTM 16.02b)
Gross Margin = 42.16% ((Revenue TTM 16.02b - Cost of Revenue TTM 9.27b) / Revenue TTM)
Gross Margin QoQ = 44.90% (prev 42.77%)
Tobins Q-Ratio = 1.78 (Enterprise Value 102.74b / Total Assets 57.65b)
Interest Expense / Debt = 0.76% (Interest Expense 163.0m / Debt 21.37b)
Taxrate = 24.42% (264.2m / 1.08b)
NOPAT = 4.93b (EBIT 6.52b * (1 - 24.42%))
Current Ratio = 0.60 (Total Current Assets 2.51b / Total Current Liabilities 4.17b)
Debt / Equity = 1.00 (Debt 21.37b / totalStockholderEquity, last quarter 21.27b)
Debt / EBITDA = 2.50 (Net Debt 20.91b / EBITDA 8.35b)
Debt / FCF = 6.07 (Net Debt 20.91b / FCF TTM 3.44b)
Total Stockholder Equity = 21.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.45% (Net Income 4.30b / Total Assets 57.65b)
RoE = 20.11% (Net Income TTM 4.30b / Total Stockholder Equity 21.37b)
RoCE = 15.94% (EBIT 6.52b / Capital Employed (Equity 21.37b + L.T.Debt 19.55b))
RoIC = 11.69% (NOPAT 4.93b / Invested Capital 42.18b)
WACC = 6.58% (E(81.58b)/V(102.95b) * Re(8.15%) + D(21.37b)/V(102.95b) * Rd(0.76%) * (1-Tc(0.24)))
Discount Rate = 8.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.96%
[DCF Debug] Terminal Value 77.43% ; FCFE base≈3.50b ; Y1≈3.39b ; Y5≈3.37b
Fair Price DCF = 95.59 (DCF Value 58.84b / Shares Outstanding 615.5m; 5y FCF grow -4.34% → 3.0% )
EPS Correlation: 15.52 | EPS CAGR: 1.83% | SUE: 0.99 | # QB: 1
Revenue Correlation: -14.40 | Revenue CAGR: -5.88% | SUE: -0.80 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.89 | Chg30d=-0.064 | Revisions Net=-8 | Analysts=14
EPS next Year (2026-12-31): EPS=8.19 | Chg30d=+0.023 | Revisions Net=-3 | Growth EPS=+9.0% | Growth Revenue=+3.9%
P/E Trailing = 17.7801
P/E Forward = 16.0772
P/S = 3.3872
P/B = 3.7786
P/EG = 2.0481
Beta = 0.907
Revenue TTM = 16.02b CAD
EBIT TTM = 6.52b CAD
EBITDA TTM = 8.35b CAD
Long Term Debt = 19.55b CAD (from longTermDebt, last quarter)
Short Term Debt = 1.57b CAD (from shortLongTermDebt, last quarter)
Debt = 21.37b CAD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 20.91b CAD (from netDebt column, last quarter)
Enterprise Value = 102.74b CAD (81.58b + Debt 21.37b - CCE 214.0m)
Interest Coverage Ratio = 7.71 (Ebit TTM 6.52b / Interest Expense TTM 846.0m)
FCF Yield = 3.35% (FCF TTM 3.44b / Enterprise Value 102.74b)
FCF Margin = 21.49% (FCF TTM 3.44b / Revenue TTM 16.02b)
Net Margin = 26.82% (Net Income TTM 4.30b / Revenue TTM 16.02b)
Gross Margin = 42.16% ((Revenue TTM 16.02b - Cost of Revenue TTM 9.27b) / Revenue TTM)
Gross Margin QoQ = 44.90% (prev 42.77%)
Tobins Q-Ratio = 1.78 (Enterprise Value 102.74b / Total Assets 57.65b)
Interest Expense / Debt = 0.76% (Interest Expense 163.0m / Debt 21.37b)
Taxrate = 24.42% (264.2m / 1.08b)
NOPAT = 4.93b (EBIT 6.52b * (1 - 24.42%))
Current Ratio = 0.60 (Total Current Assets 2.51b / Total Current Liabilities 4.17b)
Debt / Equity = 1.00 (Debt 21.37b / totalStockholderEquity, last quarter 21.27b)
Debt / EBITDA = 2.50 (Net Debt 20.91b / EBITDA 8.35b)
Debt / FCF = 6.07 (Net Debt 20.91b / FCF TTM 3.44b)
Total Stockholder Equity = 21.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.45% (Net Income 4.30b / Total Assets 57.65b)
RoE = 20.11% (Net Income TTM 4.30b / Total Stockholder Equity 21.37b)
RoCE = 15.94% (EBIT 6.52b / Capital Employed (Equity 21.37b + L.T.Debt 19.55b))
RoIC = 11.69% (NOPAT 4.93b / Invested Capital 42.18b)
WACC = 6.58% (E(81.58b)/V(102.95b) * Re(8.15%) + D(21.37b)/V(102.95b) * Rd(0.76%) * (1-Tc(0.24)))
Discount Rate = 8.15% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.96%
[DCF Debug] Terminal Value 77.43% ; FCFE base≈3.50b ; Y1≈3.39b ; Y5≈3.37b
Fair Price DCF = 95.59 (DCF Value 58.84b / Shares Outstanding 615.5m; 5y FCF grow -4.34% → 3.0% )
EPS Correlation: 15.52 | EPS CAGR: 1.83% | SUE: 0.99 | # QB: 1
Revenue Correlation: -14.40 | Revenue CAGR: -5.88% | SUE: -0.80 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.89 | Chg30d=-0.064 | Revisions Net=-8 | Analysts=14
EPS next Year (2026-12-31): EPS=8.19 | Chg30d=+0.023 | Revisions Net=-3 | Growth EPS=+9.0% | Growth Revenue=+3.9%
Additional Sources for CNI Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle