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Total Debt for Canadian National Railway (CNI) 1995-2026

As of · Reported

Metric
USD

Latest period

$15.9B

YoY change

+7.0%

5Y CAGR

+8.8%

Peak year (FY2025)

$15.9B

Total Debt history chart for Canadian National Railway (CNI) from 2016 to 2025

Latest: $15.9B

Total Debt growth chart for Canadian National Railway (CNI) from 2016 to 2025

Latest: +7.0%

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

  • FY2025$15.9B+7.0%
  • FY2024$14.9B+4.2%
  • FY2023$14.3B+21.5%
  • FY2022$11.7B+14.9%
  • FY2021$10.2B-2.2%
  • FY2020$10.4B-5.2%
  • FY2019$11B+19.6%
  • FY2018$9.21B+7.0%
  • FY2017$8.61B+5.7%
  • FY2016$8.14B+8.0%
  • FY2015$7.54B+4.6%
  • FY2014$7.21B-2.2%
  • FY2013$7.37B+6.3%
  • FY2012$6.94B+7.7%
  • FY2011$6.44B+5.2%
  • FY2010$6.12B-1.1%
  • FY2009$6.19B-18.8%
  • FY2008$7.63B+8.5%
  • FY2007$7.03B+46.3%
  • FY2006$4.81B+9.8%
  • FY2005$4.38B+2.0%
  • FY2004$4.29B+19.0%
  • FY2003$3.61B+1.9%
  • FY2002$3.54B-5.1%
  • FY2001$3.73B+29.2%
  • FY2000$2.88B-1.4%
  • FY1999$2.92B+9.8%
  • FY1998$2.66B+126.0%
  • FY1997$1.18B+5.8%
  • FY1996$1.11B-5.1%
  • FY1995$1.17B—

Total Debt values are taken from Canadian National Railway's reported balance sheets (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 Total Debt at Canadian National Railway (CNI)

According to Canadian National Railway's latest reported financial statements, the company's latest reported total debt is $15.9B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Canadian National Railway (CNI) most recent annual total debt stands at 21.8B CAD (2025) – edged up 2.1% year-over-year.

Through 2020–2025 (5 years), Canadian National Railway total debt delivered a +10.4% annualised rate; with mixed annual results across the window.

21.8B CAD stands as the all-time-high annual total debt, posted in 2025, against a low of 1.53B CAD during 1996.

Canadian National Railway Total Debt by Year

Canadian National Railway Total Debt 2025: $15.9B

In 2025, Canadian National Railway reported total debt of 21.8B CAD ($15.9B), edged up 2.1% from 2024. This figure represents the highest annual value in the available history.

Canadian National Railway Total Debt 2024: $14.9B

Canadian National Railway total debt in 2024 was 21.4B CAD ($14.9B), grew 13.1% from 2023.

Canadian National Railway Total Debt 2023: $14.3B

2023's total debt for Canadian National Railway came in at 18.9B CAD ($14.3B), grew 18.8% from 2022.

Canadian National Railway Total Debt 2022: $11.7B

Canadian National Railway posted total debt of 15.9B CAD ($11.7B) in 2022, grew 23.1% from 2021.

Canadian National Railway Total Debt 2021: $10.2B

Canadian National Railway total debt in 2021 was 12.9B CAD ($10.2B).

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

Sector peers by Total Debt

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

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