Latest period
608M
YoY change
-1.7%
5Y CAGR
-2.6%
Peak year (FY2002)
1.21B
Latest annual
624M
Shares Outstanding history chart for Canadian National Railway (CNI) from 2016 to 2025
Latest: 624M
Shares Outstanding growth chart for Canadian National Railway (CNI) from 2016 to 2025
Latest: -1.7%
Shares Outstanding history table for Canadian National Railway (CNI) from 1995 to 2025
| FY2025 | 624M | -1.7% | -10.8M | ||
| FY2024 | 635M | -3.7% | -24.6M | ||
| FY2023 | 659M | -4.2% | -29.2M | ||
| FY2022 | 688M | -3.1% | -22M | ||
| FY2021 | 710M | -0.4% | -2.7M | ||
| FY2020 | 713M | -0.9% | -6.15M | ||
| FY2019 | 719M | -2.5% | -18.6M | ||
| FY2018 | 738M | -2.6% | -19.6M | ||
| FY2017 | 757M | -2.8% | -21.9M | ||
| FY2016 | 779M | -3.2% | -25.9M | ||
| FY2015 | 805M | -2.2% | -18.4M | ||
| FY2014 | 824M | -2.7% | -22.6M | ||
| FY2013 | 846M | +95.8% | +414M | ||
| FY2012 | 432M | -3.4% | -15.4M | ||
| FY2011 | 447M | -3.8% | -17.7M | ||
| FY2010 | 465M | -50.9% | -482M | ||
| FY2009 | 947M | +32.7% | +234M | ||
| FY2008 | 714M | +40.1% | +204M | ||
| FY2007 | 509M | -52.3% | -558M | ||
| FY2006 | 1.07B | -5.0% | -55.9M | ||
| FY2005 | 1.12B | -3.1% | -36M | ||
| FY2004 | 1.16B | -0.2% | -2.73M | ||
| FY2003 | 1.16B | -3.9% | -46.9M | ||
| FY2002 | 1.21B | +1.3% | +16M | ||
| FY2001 | 1.19B | -0.9% | -10.7M | ||
| FY2000 | 1.2B | -0.1% | -958K | ||
| FY1999 | 1.2B | +9.8% | +107M | ||
| FY1998 | 1.1B | -2.6% | -29.4M | ||
| FY1997 | 1.13B | +11.4% | +115M | ||
| FY1996 | 1.01B | -0.8% | -7.88M | ||
| FY1995 | 1.02B | — | — |
- FY2025624M-1.7%
- FY2024635M-3.7%
- FY2023659M-4.2%
- FY2022688M-3.1%
- FY2021710M-0.4%
- FY2020713M-0.9%
- FY2019719M-2.5%
- FY2018738M-2.6%
- FY2017757M-2.8%
- FY2016779M-3.2%
- FY2015805M-2.2%
- FY2014824M-2.7%
- FY2013846M+95.8%
- FY2012432M-3.4%
- FY2011447M-3.8%
- FY2010465M-50.9%
- FY2009947M+32.7%
- FY2008714M+40.1%
- FY2007509M-52.3%
- FY20061.07B-5.0%
- FY20051.12B-3.1%
- FY20041.16B-0.2%
- FY20031.16B-3.9%
- FY20021.21B+1.3%
- FY20011.19B-0.9%
- FY20001.2B-0.1%
- FY19991.2B+9.8%
- FY19981.1B-2.6%
- FY19971.13B+11.4%
- FY19961.01B-0.8%
- FY19951.02B—
Shares Outstanding 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 are in CAD as filed.
About Shares Outstanding at Canadian National Railway (CNI)
According to Canadian National Railway's latest reported financial statements, the company's latest reported diluted shares outstanding is 608M. 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 .
2025's annual diluted shares outstanding for Canadian National Railway (CNI) came in at 624M – 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 624M.
The record annual diluted shares outstanding stands at 1.21B, reached in 2002; the historical low of 432M was recorded in 2012.
Canadian National Railway Shares Outstanding by Year
Canadian National Railway Shares Outstanding 2025: 624M
Canadian National Railway posted diluted shares outstanding of 624M in 2025, edged down 1.7% below 2024.
Canadian National Railway Shares Outstanding 2024: 635M
In 2024, Canadian National Railway reported diluted shares outstanding of 635M, edged down 3.7% below 2023.
Canadian National Railway Shares Outstanding 2023: 659M
Canadian National Railway diluted shares outstanding in 2023 was 659M, edged down 4.2% below 2022.
Canadian National Railway Shares Outstanding 2022: 688M
2022's diluted shares outstanding for Canadian National Railway came in at 688M, edged down 3.1% below 2021.
Canadian National Railway Shares Outstanding 2021: 710M
Canadian National Railway diluted shares outstanding in 2021 was 710M.
See more financial history for Canadian National Railway (CNI).
Sector peers by Shares Outstanding
Industrials peers of Canadian National Railway (CNI), ranked by their latest diluted shares outstanding
| 2.93B | |
| 1.36B | |
| 1.07B | |
| 762M | |
| 594M | |
| 469M | |
| 390M | |
| 272M |
- 2.93B
- 1.36B
- 1.07B
- 762M
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Canadian National Railway (CNI) Key Financials
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- Buybacks2.94% TTM
- Dividend Profile2.01% yield
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- Stock Split History4 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.