Stocktoria
Canadian National Railway Company CNR.TO
CA · Toronto Stock Exchange · XTSE · stock · Industrials · website
Canadian National Railway Company statistics & valuation
Market cap$102.7B
P / E21.8×
P / S5.9×
P / B4.8×
P / FCF30.3×
Dividend yield2.15%
Net margin27.3%
Return on equity21.9%
FCF margin19.6%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Canadian National Railway Company trades at about 22.4× earnings — near its 10-year norm (10-year range 17.3×–21.7×, median 21.3×).
17.3×
22.4×
Shaded band = 10-year range (17.3×–21.7×); dot = today's 22.4×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 42.4% | 40.9% | 42.5% | 43.2% |
| Operating margin | 38.1% | 37.1% | 39.2% | 40.0% |
| Net margin | 27.3% | 26.1% | 33.4% | 29.9% |
| FCF margin | 19.6% | 18.5% | 22.5% | 22.9% |
| Return on assets | 8.1% | 7.8% | 10.7% | 10.1% |
| Return on equity | 21.9% | 21.1% | 28.0% | 23.9% |
| Debt / equity | 0.94× | 0.94× | 0.80× | 0.67× |
| Current ratio | 0.67 | 0.66 | 0.61 | 0.84 |
Source: company filings via Yahoo Finance · CA · as of 2025-12-31. Figures in CAD; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.