Shares Outstanding for Canadian National Railway (CNI)
According to Canadian National Railway's latest reported financial statements, the company's latest reported diluted shares outstanding is 616.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
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Latest period
616.00M
YoY change
-1.7%
5Y CAGR
-2.6%
Peak year (2002)
1.21B
Latest annual
623.70M
Shares Outstanding history chart for Canadian National Railway (CNI) from 1995 to 2025
Shares Outstanding history table for Canadian National Railway (CNI) from 1995 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 623.70M | -1.7% | ||
| 2024 | 634.50M | -3.7% | ||
| 2023 | 659.10M | -4.2% | ||
| 2022 | 688.30M | -3.1% | ||
| 2021 | 710.30M | -0.4% | ||
| 2020 | 713.00M | -0.9% | ||
| 2019 | 719.15M | -2.5% | ||
| 2018 | 737.70M | -2.6% | ||
| 2017 | 757.30M | -2.8% | ||
| 2016 | 779.20M | -3.2% | ||
| 2015 | 805.10M | -2.2% | ||
| 2014 | 823.50M | -2.7% | ||
| 2013 | 846.10M | +95.8% | ||
| 2012 | 432.10M | -3.4% | ||
| 2011 | 447.45M | -3.8% | ||
| 2010 | 465.10M | -50.9% | ||
| 2009 | 947.00M | +32.7% | ||
| 2008 | 713.50M | +40.1% | ||
| 2007 | 509.40M | -52.3% | ||
| 2006 | 1.07B | -5.0% | ||
| 2005 | 1.12B | -3.1% | ||
| 2004 | 1.16B | -0.2% | ||
| 2003 | 1.16B | -3.9% | ||
| 2002 | 1.21B | +1.3% | ||
| 2001 | 1.19B | -0.9% | ||
| 2000 | 1.20B | -0.1% | ||
| 1999 | 1.20B | +9.8% | ||
| 1998 | 1.10B | -2.6% | ||
| 1997 | 1.13B | +11.4% | ||
| 1996 | 1.01B | -0.8% | ||
| 1995 | 1.02B | — |
Shares Outstanding 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
2025's annual diluted shares outstanding for Canadian National Railway (CNI) came in at 623.70M – edged down 1.7% year-over-year.
Across 2020–2025 (5 years), Canadian National Railway diluted shares outstanding produced a CAGR of -2.6% – with a net decline across the window.
Between 2002 and 2025, Canadian National Railway diluted shares outstanding plunged 48.4%, falling from 1.21B to 623.70M.
The dataset's maximum diluted shares outstanding sits at 1.21B (2002); the minimum reading of 432.10M dates to 2012.
Canadian National Railway (CNI) sits 5th of 8 Industrials peers we track on this metric, against a peer median of 618.15M.
Canadian National Railway Shares Outstanding by Year
Canadian National Railway Shares Outstanding 2025: 623.70M
Canadian National Railway diluted shares outstanding in 2025 was 623.70M, edged down 1.7% below 2024.
Canadian National Railway Shares Outstanding 2024: 634.50M
Canadian National Railway diluted shares outstanding in 2024 was 634.50M, edged down 3.7% below 2023.
Canadian National Railway Shares Outstanding 2023: 659.10M
Canadian National Railway diluted shares outstanding in 2023 was 659.10M, edged down 4.2% below 2022.
Canadian National Railway Shares Outstanding 2022: 688.30M
Canadian National Railway diluted shares outstanding in 2022 was 688.30M, edged down 3.1% below 2021.
Canadian National Railway Shares Outstanding 2021: 710.30M
Canadian National Railway diluted shares outstanding in 2021 was 710.30M.
See more financial history for Canadian National Railway (CNI).
Sector peers — Shares Outstanding
Companies in the same sector as Canadian National Railway, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| RTX Corporation (RTX) | 1.36B | Industrials |
| GE Aerospace (GE) | 1.07B | Industrials |
| The Boeing Company (BA) | 762.30M | Industrials |
| Honeywell International Inc. (HON) | 642.80M | Industrials |
| Union Pacific Corporation (UNP) | 593.50M | Industrials |
| Caterpillar Inc. (CAT) | 469.00M | Industrials |
| Eaton Corporation plc (ETN) | 389.50M | Industrials |
| Deere & Company (DE) | 271.70M | Industrials |
Frequently asked questions
What is Canadian National Railway's diluted shares outstanding?
- Latest reported diluted shares outstanding for Canadian National Railway (CNI) is 616.00M (period ending December 31, 2025).
How has Canadian National Railway diluted shares outstanding changed year-over-year?
- Canadian National Railway (CNI) diluted shares outstanding changed -1.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Canadian National Railway diluted shares outstanding?
- Canadian National Railway (CNI) diluted shares outstanding compound annual growth rate is -2.6% over the most recent 5 years available.
When did Canadian National Railway diluted shares outstanding hit its highest annual value?
- Canadian National Railway diluted shares outstanding reached its highest annual value of 1.21B in 2002.
What was Canadian National Railway diluted shares outstanding in 2024?
- Canadian National Railway (CNI) diluted shares outstanding in 2024 was 634.50M.
What was Canadian National Railway diluted shares outstanding in 2025?
- Canadian National Railway (CNI) diluted shares outstanding in 2025 was 623.70M.
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