Is CNI or FDX cheaper?

On trailing earnings, FDX is cheaper: CNI trades at a 21.88 P/E and FDX at 17.37.

Which has grown faster, CNI or FDX?

Over the past five years, CNI grew revenue faster — CNI at a 3.41% CAGR versus FDX at 2.47%.

Does CNI or FDX pay a bigger dividend?

CNI yields 2.17% and FDX yields 1.53% based on trailing dividends and the latest price.

Is CNI or FDX more profitable?

CNI runs the higher net margin — CNI at 27.22% versus FDX at 4.68%.

Which has been the better investment, CNI or FDX?

Over the past 10-year, FDX delivered the higher annualized total return — CNI at 9.87% versus FDX at 11.80%. Past performance doesn't predict future results.

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

CNI leads on 9 of 17 compared metrics, though FDX is the cheaper stock.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CNI

Canadian National Railway Company

Total return — CNI vs FDX

growth of $100 · last 30y

CNI +3655.8%FDX +2086.2%CNI compounded faster

CNI FDX

CNI vs FDX: by the numbers

•FDX is the larger company ($76.00B vs $73.13B market cap).
•FDX trades at the lower earnings multiple (17.37 vs 21.88 P/E).
•CNI converts more revenue to profit (27.22% vs 4.68% net margin).
•CNI grew revenue faster over the past five years (3.41% vs 2.47% CAGR).
•CNI pays the higher dividend yield (2.17% vs 1.53%).

Which is better, CNI or FDX?

Metric tally: CNI 9 · FDX 8

It depends on what you're optimizing for:

ValueFDX(lower P/E)

GrowthCNI(faster 5Y revenue CAGR)

IncomeCNI(higher dividend yield)

QualityCNI(higher ROIC)

Metrics side by side

Valuation

Metric	CNI	FDX
P/E ratio	21.88	17.37●
Forward P/E	13.78●	14.37
P/S ratio	5.88	0.81●
P/B ratio	4.77	2.43●
PEG ratio	2.29	1.95●
EV / EBITDA	14.61	9.90●
FCF yield	3.51%	6.66%●

Profitability

Metric	CNI	FDX
Gross margin	44.21%●	22.90%
Operating margin	37.76%●	6.74%
Net margin	27.22%●	4.68%
ROE	22.07%●	14.01%
ROIC	8.90%●	5.95%

Dividends

Metric	CNI	FDX
Dividend yield	2.17%●	1.53%
Payout ratio	47.56%	26.31%

Growth (annualized)

Metric	CNI	FDX
Revenue CAGR (5Y)	3.41%●	2.47%
EPS CAGR (5Y)	6.99%●	-1.27%
FCF CAGR (5Y)	0.73%	3.77%●
Total return CAGR (5Y)	4.67%	8.25%●

Frequently asked

Which is better, CNI or FDX?: It depends on your goal. value: FDX (lower P/E); growth: CNI (faster 5Y revenue CAGR); income: CNI (higher dividend yield); quality: CNI (higher ROIC). Across all compared metrics, CNI leads 9 to 8.
Is CNI or FDX cheaper?: On trailing earnings, FDX is cheaper: CNI trades at a 21.88 P/E and FDX at 17.37.
Which has grown faster, CNI or FDX?: Over the past five years, CNI grew revenue faster — CNI at a 3.41% CAGR versus FDX at 2.47%.
Does CNI or FDX pay a bigger dividend?: CNI yields 2.17% and FDX yields 1.53% based on trailing dividends and the latest price.
Is CNI or FDX more profitable?: CNI runs the higher net margin — CNI at 27.22% versus FDX at 4.68%.
Which has been the better investment, CNI or FDX?: Over the past 10-year, FDX delivered the higher annualized total return — CNI at 9.87% versus FDX at 11.80%. 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 Dividend Aristocrats 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 June 28, 2026.