EBITDA for Canadian National Railway (CNI)
According to Canadian National Railway's latest reported financial statements, the company's current EBITDA (TTM) is $8.82B USD. 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 .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$8.82B
YoY change
+5.5%
5Y CAGR
+6.4%
Peak year (2025)
$9.11B
Cumulative EBITDA
$147.04B
EBITDA history chart for Canadian National Railway (CNI) from 1995 to 2025
EBITDA history table for Canadian National Railway (CNI) from 1995 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $9.11B | +5.5% | ||
| 2024 | $8.63B | -4.3% | ||
| 2023 | $9.03B | -0.1% | ||
| 2022 | $9.04B | +5.7% | ||
| 2021 | $8.55B | +28.3% | ||
| 2020 | $6.66B | -11.5% | ||
| 2019 | $7.53B | +0.4% | ||
| 2018 | $7.50B | +9.5% | ||
| 2017 | $6.85B | +3.3% | ||
| 2016 | $6.63B | +2.5% | ||
| 2015 | $6.47B | +11.9% | ||
| 2014 | $5.78B | +17.4% | ||
| 2013 | $4.93B | +0.0% | ||
| 2012 | $4.92B | +7.5% | ||
| 2011 | $4.58B | +12.6% | ||
| 2010 | $4.07B | +17.5% | ||
| 2009 | $3.46B | -5.0% | ||
| 2008 | $3.65B | -2.0% | ||
| 2007 | $3.72B | +1.0% | ||
| 2006 | $3.68B | +13.2% | ||
| 2005 | $3.25B | +17.5% | ||
| 2004 | $2.77B | +18.5% | ||
| 2003 | $2.34B | +13.4% | ||
| 2002 | $2.06B | -7.2% | ||
| 2001 | $2.22B | +1.8% | ||
| 2000 | $2.18B | +11.1% | ||
| 1999 | $1.96B | +18.7% | ||
| 1998 | $1.65B | +2.3% | ||
| 1997 | $1.62B | +43.7% | ||
| 1996 | $1.13B | +6.4% | ||
| 1995 | $1.06B | — |
EBITDA values are taken from Canadian National Railway's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CAD as filed.
Analysis
In 2025, Canadian National Railway (CNI) EBITDA totalled $9.11B – grew 5.5% year-over-year.
Across 2020–2025 (5 years), Canadian National Railway EBITDA produced a CAGR of +6.4% – with the latest reading among the more recent periods of the dataset.
$9.11B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $1.06B during 1995.
Within Industrials, Canadian National Railway (CNI) ranks 6th among 8 peers we track. The peer median for EBITDA is $11.86B.
Canadian National Railway EBITDA by Year
Canadian National Railway EBITDA 2025: $9.11B
Canadian National Railway EBITDA in 2025 was $9.11B, grew 5.5% from 2024. This figure represents the highest annual value in the available history.
Canadian National Railway EBITDA 2024: $8.63B
Canadian National Railway EBITDA in 2024 was $8.63B, edged down 4.3% below 2023.
Canadian National Railway EBITDA 2023: $9.03B
Canadian National Railway EBITDA in 2023 was $9.03B, edged down 0.1% below 2022.
Canadian National Railway EBITDA 2022: $9.04B
Canadian National Railway EBITDA in 2022 was $9.04B, grew 5.7% from 2021.
Canadian National Railway EBITDA 2021: $8.55B
Canadian National Railway EBITDA in 2021 was $8.55B.
See more financial history for Canadian National Railway (CNI).
Sector peers — EBITDA
Companies in the same sector as Canadian National Railway, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $14.86B | Industrials |
| Union Pacific Corporation (UNP) | $12.95B | Industrials |
| RTX Corporation (RTX) | $12.89B | Industrials |
| GE Aerospace (GE) | $12.06B | Industrials |
| Deere & Company (DE) | $11.66B | Industrials |
| Honeywell International Inc. (HON) | $8.21B | Industrials |
| The Boeing Company (BA) | $7.36B | Industrials |
| Eaton Corporation plc (ETN) | $5.95B | Industrials |
Frequently asked questions
What is Canadian National Railway's EBITDA?
- Latest reported EBITDA for Canadian National Railway (CNI) is $8.82B (period ending December 31, 2025).
How has Canadian National Railway EBITDA changed year-over-year?
- Canadian National Railway (CNI) EBITDA changed +5.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Canadian National Railway EBITDA?
- Canadian National Railway (CNI) EBITDA compound annual growth rate is +6.4% over the most recent 5 years available.
When did Canadian National Railway EBITDA hit its highest annual value?
- Canadian National Railway EBITDA reached its highest annual value of $9.11B in 2025.
What was Canadian National Railway EBITDA in 2024?
- Canadian National Railway (CNI) EBITDA in 2024 was $8.63B.
What was Canadian National Railway EBITDA in 2025?
- Canadian National Railway (CNI) EBITDA in 2025 was $9.11B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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