Canadian National Railway (CNI) Financial Statements

Historical financial data — 5 statements covering FY2021–FY2025

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (2...

Canadian National Railway's revenue increased 1.5% year over year, from $17.05B to $17.30B.

Net income increased 6.1% over the same period, from $4.45B to $4.72B.

Over the 4-year period from FY2021 to FY2025, revenue grew by 20% in total.

Total debt remained relatively stable at $21.52B.

The debt-to-equity ratio stands at 1.00, indicating a moderate leverage profile.

Canadian National Railway maintains a strong net profit margin of 27.3%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
FY2021$14.48B$4.90B$7.67B$5.62BN/A$48.54B$12.81B$22.74B
FY2022$17.11B+18.2%$5.12B$9.13B$6.84BN/A$50.66B$15.77B$21.38B
FY2023$16.83B-1.6%$5.63B$8.97B$6.60BN/A$52.67B$18.77B$20.12B
FY2024$17.05B+1.3%$4.45B$8.86B$6.25BN/A$57.07B$21.24B$21.05B
FY2025$17.30B+1.5%$4.72B$9.27B$6.59BN/A$58.55B$21.52B$21.57B

Balance Sheet Summary (Latest Period)

Total Assets
$58.55B
Total Liabilities
$36.99B
Total Equity
$21.57B
Cash & Equivalents
$350.0M
Total Debt
$21.52B
Current Assets
$2.47B
Current Liabilities
$3.70B
Retained Earnings
$18.92B
Current Price: $124.43
Market Cap: $75.3B
Sector: Industrials