Ticker League

TTM

$6.54B

YoY change

+5.9%

5Y CAGR

+5.0%

Peak year (2021)

$6.79B

EBITDA history chart for Canadian National Railway (CNI) from 1995 to 2025

Latest: $6.53B

EBITDA growth chart for Canadian National Railway (CNI) from 1995 to 2025

Latest: +5.9%

EBITDA history table for Canadian National Railway (CNI) from 1995 to 2025

  • 2025$6.53B+5.9%
  • 2024$6.17B-7.0%
  • 2023$6.64B-0.3%
  • 2022$6.65B-2.0%
  • 2021$6.79B+32.8%
  • 2020$5.11B-10.4%
  • 2019$5.71B+0.5%
  • 2018$5.68B+5.2%
  • 2017$5.40B+8.6%
  • 2016$4.97B+2.5%
  • 2015$4.85B-4.7%
  • 2014$5.09B+8.4%
  • 2013$4.70B-5.5%
  • 2012$4.97B+11.0%
  • 2011$4.48B+11.4%
  • 2010$4.02B+22.4%
  • 2009$3.28B+8.5%
  • 2008$3.03B-20.3%
  • 2007$3.79B+17.3%
  • 2006$3.24B+16.7%
  • 2005$2.77B+22.2%
  • 2004$2.27B+27.4%
  • 2003$1.78B+35.8%
  • 2002$1.31B-6.6%
  • 2001$1.40B-4.4%
  • 2000$1.47B+11.1%
  • 1999$1.32B+18.4%
  • 1998$1.12B-4.5%
  • 1997$1.17B+41.5%
  • 1996$825.61M+5.7%
  • 1995$780.76M

EBITDA values are taken from Canadian National Railway's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CAD.

About EBITDA at Canadian National Railway (CNI)

According to Canadian National Railway's latest reported financial statements, the company's current EBITDA (TTM) is $6.54B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

In 2025, Canadian National Railway (CNI) EBITDA totalled 9.11B CAD – grew 5.5% year-over-year.

Across 2020–2025 (5 years), Canadian National Railway EBITDA produced a CAGR of +6.4% – with mixed annual results across the window.

9.11B CAD stands as the all-time-high annual EBITDA, posted in 2025, against a low of 1.06B CAD during 1995.

Canadian National Railway EBITDA by Year

Canadian National Railway EBITDA 2025: $6.53B

Canadian National Railway posted EBITDA of 9.11B CAD ($6.53B) in 2025, grew 5.5% from 2024. This figure represents the highest annual value in the available history.

Canadian National Railway EBITDA 2024: $6.17B

In 2024, Canadian National Railway reported EBITDA of 8.63B CAD ($6.17B), edged down 4.3% below 2023.

Canadian National Railway EBITDA 2023: $6.64B

Canadian National Railway EBITDA in 2023 was 9.03B CAD ($6.64B), edged down 0.1% below 2022.

Canadian National Railway EBITDA 2022: $6.65B

2022's EBITDA for Canadian National Railway came in at 9.04B CAD ($6.65B), grew 5.7% from 2021.

Canadian National Railway EBITDA 2021: $6.79B

Canadian National Railway EBITDA in 2021 was 8.55B CAD ($6.79B).

See more financial history for Canadian National Railway (CNI).

Sector peers by EBITDA

Industrials peers of Canadian National Railway (CNI), ranked by their latest EBITDA

Frequently asked questions