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Q2 2026 earnings • released • EPS beat +6.02% • Revenue beat +2.85%
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CNI:NYSE
Canadian National Railway Co
$129.48
-0.84%
(-1.10) 1D
$129.48
0.00% (0.00)
After hours
Closed: Jul 24, 4:00:04 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for CNI...
Open
$131.51
High
$131.55
Low
$128.48
Mkt. cap
79.15B
Avg. vol.
1.56M
Volume
2.69M
Dividend
2.03%
Quarterly dividend
$0.66
Ex-dividend date
Jun 9, 2026
P/E ratio
24.01
52-wk high
$131.55
52-wk low
$90.74
EPS
$5.39
Beta
0.95
Shares outstanding
606.60M
No. of employees
24K
Open
$131.51
High
$131.55
Low
$128.48
Mkt. cap
79.15B
Avg. vol.
1.56M
Volume
2.69M
Dividend
2.03%
Quarterly dividend
$0.66
Ex-dividend date
Jun 9, 2026
P/E ratio
24.01
52-wk high
$131.55
52-wk low
$90.74
EPS
$5.39
Beta
0.95
Shares outstanding
606.60M
No. of employees
24K
News stories
From sources across the web
Profile
The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. It is one of Canada's two main freight rail companies, along with Canadian Pacific Kansas City. CN is Canada's largest railway, in terms of both revenue and the physical size of its rail network, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia across approximately 20,000 route miles of track. In the late 20th century, CN gained extensive capacity in the United States by taking over such railroads as the Illinois Central. CN is a public company with 24,671 employees and, as of July 2024, a market cap of approximately US$75 billion. CN was government-owned, as a Canadian Crown corporation, from its founding in 1919 until being privatized in 1995. Wikipedia
About Canadian National Railway Co
CEOTracy Robinson
Employees23.8K
FoundedJun 6, 1919
HeadquartersMontreal, Quebec, Canada
SectorRail transport
Websitecn.ca
Analyst ratings
Based on 20 analysts giving stock ratings to CNI in the past 3 months
Buy
Buy
11
Hold
9
Sell
0
12-month forecast
Based on 20 Wall Street analysts offering 12 month price targets for CNI in the last 3 months.
Highest
Current $129.48
$146.00 (+12.76%)
Average
$125.62 (-2.98%)
Lowest
$70.92 (-45.23%)
Analyst
Recommendation
Action
Price target
Projected
Date
Cherilyn Radbourne
TD Cowen
Buy
Maintained
-
-
07/24/2026
Ken Hoexter
Bank of America Securities
Buy
Maintained
$146.00
+12.8%
07/24/2026
Ravi Shanker
Morgan Stanley
Buy
Maintained
CA$200.00
+54.5%
07/24/2026
Konark Gupta
Scotiabank
Buy
Maintained
CA$194.00
+49.8%
07/16/2026
Jeff Kauffman
Citizens JMP
Hold
Initiated
-
-
07/15/2026
Unknown Analyst
Citizens JMP
Hold
Initiated
-
-
07/15/2026
Brian Ossenbeck
J.P. Morgan
Hold
Maintained
CA$175.00
+35.2%
07/14/2026
Harrison Bauer
Susquehanna
Hold
Downgraded
$140.00
+8.1%
07/14/2026
Chris Murray
ATB Cormark Capital Markets
Hold
Maintained
CA$166.00
+28.2%
07/10/2026
Ariel Rosa
Citi
Buy
Maintained
$141.00
+8.9%
07/08/2026
Christian Wetherbee
Wells Fargo
Buy
Maintained
$135.00
+4.3%
07/09/2026
Bascome Majors
Stephens
Hold
Initiated
$120.00
-7.3%
07/08/2026
Unknown Analyst
Stephens
Hold
Initiated
$120.00
-7.3%
07/08/2026
Thomas Wadewitz
UBS
Hold
Maintained
CA$100.00
-22.8%
06/30/2026
Kevin Chiang
CIBC
Buy
Maintained
CA$185.00
+42.9%
06/25/2026
Fadi Chamoun
BMO Capital
Buy
Maintained
CA$180.00
+39%
06/25/2026
Brandon Oglenski
Barclays
Hold
Maintained
$109.00
-15.8%
06/26/2026
Unknown Analyst
Bernstein
Hold
Maintained
CA$163.00
+25.9%
06/25/2026
David Vernon
Bernstein
Hold
Maintained
CA$163.00
+25.9%
06/25/2026
Jonathan Chappell
Evercore ISI
Buy
Upgraded
$124.00
-4.2%
06/25/2026
Walter Spracklin
RBC Capital
Buy
Maintained
CA$195.00
+50.6%
06/24/2026
Kristina Ruggeri
Argus Research
Hold
Reiterated
-
-
06/16/2026
Unknown Analyst
Susquehanna
Buy
Maintained
$138.00
+6.6%
06/05/2026
Unknown Analyst
Desjardins
Buy
Maintained
CA$163.00
+25.9%
04/30/2026
Unknown Analyst
National Bank
Hold
Maintained
CA$164.00
+26.7%
04/15/2026
Stephanie Moore
Jefferies
Buy
Maintained
$130.00
+0.4%
03/02/2026
Unknown Analyst
ATB Cormark Capital Markets
Hold
Maintained
CA$146.00
+12.8%
02/02/2026
Brady Lierz
Stephens
Hold
Maintained
$100.00
-22.8%
02/02/2026
Last report
Jul 24, 2026
Fiscal period
Q2 2026
EPS / Est. (CAD)
CA$2.08 / CA$1.96
+6.02%beat
Revenue / Est. (CAD)
4.75B / 4.62B
+2.85%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in CAD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in CAD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
4.16B
4.46B
4.38B
4.75B
Cost of goods sold
1.77B
1.89B
2.00B
2.16B
Cost of revenue
1.77B
1.89B
2.00B
2.16B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
-
-
-
-
Operating expense
661.00M
684.00M
698.00M
677.00M
Total operating expenses
2.43B
2.57B
2.70B
2.84B
Operating income
1.73B
1.89B
1.68B
1.91B
Other non operating income
-72.00M
-77.00M
-31.00M
30.00M
EBT including unusual items
1.51B
1.67B
1.52B
1.68B
EBT excluding unusual items
1.51B
1.66B
1.46B
1.68B
Income tax expense
368.00M
421.00M
375.00M
431.00M
Effective tax rate
24.42%
25.22%
24.65%
25.65%
Other operating expenses
161.00M
228.00M
214.00M
191.00M
Net income
1.14B
1.25B
1.15B
1.25B
Net profit margin
27.35%
27.96%
26.17%
-
Earnings per share
1.83
2.08
1.80
2.08
Interest and investment income
-
-
-
-
Interest expense
-223.00M
-244.00M
-234.00M
-241.00M
Net interest expenses
-223.00M
-244.00M
-234.00M
-241.00M
Depreciation and amortization charges
500.00M
456.00M
484.00M
486.00M
EBITDA
2.23B
2.35B
2.17B
2.40B
Gain or loss from assets sale
-
-
-66.00M
-
Insider transactions
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