Canadian National Railway

CNR · TSX · CAD

$170.66Change from previous close: +2.36%Absolute change: +$3.93

Close · October 2, 2026

Valuation

Data as of October 3, 2026

Valuation multiples

Market cap
$103.1B
Enterprise value
$125.54B
P/E (trailing 12 months)
21.9
Forward P/E
18.9
PEG
2.44
Price/book
4.71
Price/sales
5.80
EV/EBITDA
13.7
EV/revenue
7.07

Profitability and growth

Gross margin
56.0%
Operating margin
40.3%
Net margin
26.9%
ROE
22.0%
ROA
7.7%
ROIC
12.3%
Revenue growth (year over year)
11.3%
Earnings growth (year over year)
10.2%

Financial health

Total cash
$307M
Total debt
$22.75B
Debt/equity
1.04
Current ratio
0.87
Quick ratio
0.50
Altman Z-Score
2.49
Piotroski F-Score
6.00

Dividends

Annual dividend per share
$3.66
Dividend yield
2.1%
Payout ratio
46.3%
Ex-dividend date
September 8, 2026

Analysts and estimates

Average price target
$189.74
Median price target
$190.00
High price target
$205.00
Low price target
$159.00
Analysts with a price target
19
Consensus
Buy
Forward EPS
$9.01
EPS estimate, current year
$8.13

Shares and trading

Beta
0.99
Average volume
1.35M
Shares outstanding
604.1M
Float
603.24M
Institutional ownership
73.8%
Insider ownership
0.0%
Short interest (% of float)
0.8%
Short ratio (days)
2.69