How much revenue does Canadian National Railway (CNI) generate?

Canadian National Railway (CNI) generated 17.29B CAD in total revenue in TTM through Q1 2026, with a net profit margin of 27.2%, equivalent to roughly 4.71B CAD in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Canadian National Railway (CNI)?

Canadian National Railway (CNI) reported a gross profit margin of 44.2% in TTM through Q1 2026, equivalent to 7.64B CAD in gross profit on 17.29B CAD in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Canadian National Railway (CNI)?

Canadian National Railway (CNI) reported an operating profit margin of 37.8% in TTM through Q1 2026, equivalent to 6.53B CAD in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Canadian National Railway (CNI)?

Canadian National Railway (CNI) reported a net profit margin of 27.2% in TTM through Q1 2026, equivalent to 4.71B CAD in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Canadian National Railway (CNI) profitable?

Yes. Canadian National Railway (CNI) reported 4.71B CAD in net income for TTM through Q1 2026, with a net profit margin of 27.2%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Canadian National Railway (CNI) spend on capital expenditures?

Canadian National Railway (CNI) spent 3.58B CAD on capital expenditures (CapEx) during TTM through Q1 2026, roughly 20.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Canadian National Railway (CNI) generate?

Canadian National Railway (CNI) generated 3.57B CAD in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 20.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Canadian National Railway (CNI)?

Canadian National Railway (CNI) had an effective tax rate of 24.8% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

How Canadian National Railway Makes Money: 2026 Visual Revenue Map

Canadian National Railway (CNI) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 29, 2026).

Canadian National Railway discloses geographic revenue only in annual filings. to view the full breakdown.

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