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

HON has the lower trailing P/E: CNI trades at 22.86 and HON at 8.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CNI or HON?

Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus HON at 1.25%.

Does CNI or HON pay a bigger dividend?

CNI yields 2.05% and HON yields 4.32% based on trailing dividends and the latest price.

Is CNI or HON more profitable?

CNI runs the higher net margin — CNI at 26.92% versus HON at 22.73%.

How have CNI and HON total returns compared?

Over the past 10 years, CNI delivered 9.39% and HON delivered 12.43% annualized total return. Past performance doesn't predict future results.

Canadian National Railway Company (CNI) vs Honeywell International Inc. (HON)

A side-by-side comparison of Canadian National Railway Company and Honeywell International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 14, 2026. Differences are shown without an overall score or investment verdict.

CNI

Canadian National Railway Company

$76.67B

$126.75IndustrialsDelayed quote: Aug 14, 2026, 3:45 PM EDT

HON

Honeywell International Inc.

$74.09B

$233.77IndustrialsDelayed quote: Aug 14, 2026, 3:45 PM EDT

Total return — CNI vs HON

growth of $100 · dividends reinvested · last 10y

CNI +145.4% (+9.4%/yr)HON +219.6% (+12.3%/yr)HON compounded faster over this window

CNI HON

CNI vs HON: by the numbers

•CNI is the larger company ($76.67B vs $74.09B market cap).
•HON trades at the lower trailing earnings multiple (8.66 vs 22.86 P/E), one valuation lens rather than an overall verdict.
•CNI converts more revenue to profit (26.92% vs 22.73% net margin).
•CNI grew revenue faster over the past five years (2.73% vs 1.25% CAGR).
•HON pays the higher dividend yield (4.32% vs 2.05%).

Metrics side by side

Valuation

Metric	CNI	HON
P/E ratio	22.86	8.66
Forward P/E	15.54	28.12
P/S ratio	6.09	2.07
P/B ratio	5.03	2.96
EV / EBITDA	15.13	14.85
FCF yield	3.28%	5.52%

Profitability

Metric	CNI	HON
Gross margin	44.43%	36.57%
Operating margin	37.54%	14.09%
Net margin	26.92%	22.73%
ROE	22.25%	32.56%
ROIC	8.90%	9.22%

Dividends

Metric	CNI	HON
Dividend yield	2.05%	4.32%
Payout ratio	47.41%	68.24%

Growth (annualized)

Metric	CNI	HON
Revenue CAGR (5Y)	2.73%	1.25%
EPS CAGR (5Y)	6.99%	1.74%
FCF CAGR (5Y)	-0.98%	0.34%
Total return CAGR (5Y)	5.71%	4.25%

Frequently asked

Which has the lower trailing P/E, CNI or HON?: HON has the lower trailing P/E: CNI trades at 22.86 and HON at 8.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CNI or HON?: Over the past five years, CNI grew revenue faster — CNI at a 2.73% CAGR versus HON at 1.25%.
Does CNI or HON pay a bigger dividend?: CNI yields 2.05% and HON yields 4.32% based on trailing dividends and the latest price.
Is CNI or HON more profitable?: CNI runs the higher net margin — CNI at 26.92% versus HON at 22.73%.
How have CNI and HON total returns compared?: Over the past 10 years, CNI delivered 9.39% and HON delivered 12.43% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CNI analysis Full HON analysis Interactive comparison tool

Dig into the metrics

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

Canadian National Railway & Honeywell International appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest Operating Margin 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 14, 2026.