Canadian National Railway (CNI)
Moves diversified freight across a three-coast network linking Canada with the U.S. Midwest and Gulf.
$119.02
vs last close+1.51 (+1.28%)
In millions of USD, except per-share figures · converted from CAD at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,834 | 3,179 | 3,021 | 3,078 | 2,922 | 3,098 | 3,130 | 3,037 | 2,965 | 3,171 | 3,121 | 3,380 |
| Cost of revenue | 1,663 | 1,779 | 1,806 | 1,807 | 1,740 | 1,812 | 1,867 | 1,738 | 1,634 | 1,703 | 1,785 | 1,903 |
| Gross profit | 1,172 | 1,399 | 1,215 | 1,270 | 1,182 | 1,286 | 1,263 | 1,299 | 1,331 | 1,468 | 1,336 | 1,478 |
| 93 | 107 | 116 | 163 | 105 | 129 | 119 | 134 | 188 | 237 | 232 | 211 | |
| −86 | −85 | −80 | −81 | −81 | 0 | 0 | 0 | 188 | 237 | 232 | 211 | |
| General & administrative | −86 | −85 | −80 | −81 | −81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 179 | 191 | 196 | 244 | 186 | 129 | 119 | 134 | 0 | 0 | 0 | 0 |
| Operating income | 1,078 | 1,292 | 1,099 | 1,108 | 1,077 | 1,157 | 1,145 | 1,164 | 1,142 | 1,231 | 1,104 | 1,267 |
| −47 | 38 | −68 | −53 | −75 | −85 | −59 | −55 | −70 | −45 | −20 | −72 | |
| Interest expense | 132 | 141 | 149 | 156 | 164 | 164 | 166 | 156 | 116 | 166 | 167 | 171 |
| Other non-operating income | −85 | −180 | −82 | −104 | −88 | −79 | −107 | −101 | −45 | −121 | −147 | 0 |
| Income before tax | 1,032 | 1,331 | 1,032 | 1,055 | 1,002 | 1,072 | 1,086 | 1,110 | 1,071 | 1,186 | 1,084 | 1,195 |
| Income tax expense | 244 | −183 | 247 | 263 | 230 | 257 | 260 | 277 | 262 | 299 | 267 | 307 |
| Net income from continuing operations | 788 | 1,514 | 784 | 792 | 771 | 815 | 825 | 833 | 810 | 887 | 817 | 888 |
| Net income | 788 | 1,514 | 784 | 792 | 771 | 815 | 825 | 833 | 810 | 887 | 817 | 888 |
| EPS, basic | $1.20 | $2.34 | $1.22 | $1.24 | $1.22 | $1.29 | $1.32 | $1.33 | $1.30 | $1.44 | $1.34 | $1.46 |
| EPS, diluted | $1.20 | $2.34 | $1.22 | $1.24 | $1.22 | $1.29 | $1.32 | $1.33 | $1.30 | $1.44 | $1.34 | $1.46 |
| Weighted average shares, basic | 654 | 648 | 641 | 635 | 630 | 630 | 628 | 627 | 622 | 615 | 611 | 607 |
| Weighted average shares, diluted | 656 | 648 | 642 | 636 | 631 | 630 | 628 | 628 | 622 | 616 | 612 | 608 |
| EBITDA | 1,488 | 1,801 | 1,509 | 1,543 | 1,503 | 1,584 | 1,602 | 1,613 | 1,543 | 1,676 | 1,596 | 1,612 |
| Depreciation & amortization | 325 | 329 | 328 | 331 | 338 | 348 | 350 | 348 | 356 | 324 | 345 | 346 |
| EBIT | 1,163 | 1,472 | 1,181 | 1,211 | 1,165 | 1,236 | 1,251 | 1,265 | 1,187 | 1,352 | 1,251 | 1,267 |
