Which has the lower trailing P/E, CNI or FDX?

FDX has the lower trailing P/E: CNI trades at 22.40 and FDX at 17.73. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CNI or FDX?

Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus FDX at 2.47%.

Does CNI or FDX pay a bigger dividend?

CNI yields 2.09% and FDX yields 1.45% based on trailing dividends and the latest price.

Is CNI or FDX more profitable?

CNI runs the higher net margin — CNI at 26.92% versus FDX at 4.68%.

How have CNI and FDX total returns compared?

Over the past 10 years, CNI delivered 9.24% and FDX delivered 11.13% annualized total return. Past performance doesn't predict future results.

Canadian National Railway Company (CNI) vs FedEx Corporation (FDX)

A side-by-side comparison of Canadian National Railway Company and FedEx Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 11, 2026. Differences are shown without an overall score or investment verdict.

CNI

Canadian National Railway Company

$76.39B

$126.28IndustrialsDelayed quote: Aug 11, 2026, 4:00 PM EDT

FDX

FedEx Corporation

$76.28B

$322.43IndustrialsDelayed quote: Aug 11, 2026, 4:00 PM EDT

Total return — CNI vs FDX

growth of $100 · dividends reinvested · last 10y

CNI +140.5% (+9.2%/yr)FDX +190.3% (+11.2%/yr)FDX compounded faster over this window

CNI FDX

CNI vs FDX: by the numbers

•CNI is the larger company ($76.39B vs $76.28B market cap).
•FDX trades at the lower trailing earnings multiple (17.73 vs 22.40 P/E), one valuation lens rather than an overall verdict.
•CNI converts more revenue to profit (26.92% vs 4.68% net margin).
•CNI grew revenue faster over the past five years (2.73% vs 2.47% CAGR).
•CNI pays the higher dividend yield (2.09% vs 1.45%).

Metrics side by side

Valuation

Metric	CNI	FDX
P/E ratio	22.40	17.73
Forward P/E	15.23	16.37
P/S ratio	5.96	0.83
P/B ratio	4.93	2.48
EV / EBITDA	14.88	10.05
FCF yield	3.35%	6.53%

Profitability

Metric	CNI	FDX
Gross margin	44.43%	22.90%
Operating margin	37.54%	6.74%
Net margin	26.92%	4.68%
ROE	22.25%	14.01%
ROIC	8.90%	5.95%

Dividends

Metric	CNI	FDX
Dividend yield	2.09%	1.45%
Payout ratio	47.41%	25.46%

Growth (annualized)

Metric	CNI	FDX
Revenue CAGR (5Y)	2.73%	2.47%
EPS CAGR (5Y)	6.99%	-1.27%
FCF CAGR (5Y)	-0.98%	3.77%
Total return CAGR (5Y)	5.31%	10.43%

Frequently asked

Which has the lower trailing P/E, CNI or FDX?: FDX has the lower trailing P/E: CNI trades at 22.40 and FDX at 17.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CNI or FDX?: Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus FDX at 2.47%.
Does CNI or FDX pay a bigger dividend?: CNI yields 2.09% and FDX yields 1.45% based on trailing dividends and the latest price.
Is CNI or FDX more profitable?: CNI runs the higher net margin — CNI at 26.92% versus FDX at 4.68%.
How have CNI and FDX total returns compared?: Over the past 10 years, CNI delivered 9.24% and FDX delivered 11.13% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CNI analysis Full FDX analysis Interactive comparison tool

Dig into the metrics

Canadian National Railway P/E ratio FedEx P/E ratio Canadian National Railway dividend yield FedEx dividend yield Canadian National Railway ROE FedEx ROE Canadian National Railway operating margin FedEx operating margin Canadian National Railway revenue growth FedEx revenue growth Canadian National Railway free cash flow FedEx free cash flow

Canadian National Railway & FedEx appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 11, 2026.