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CNICanadian National Railway Company

Debt to Equity Ratio: 1.05

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to equity ratio high or low?

The debt to equity ratio of 1.05 is 22% above its 5-year average of 0.86, near the high end of its 5-year range (0.57–1.08).

As of Sunday, June 28, 2026. 4.35% above its 12-month average of 1.01.

Current Ratio|Quick Ratio|ROE|All Metrics
Debt to Equity

CNI Debt to Equity Ratio

1.05

Reported quarterly debt to equity ratio; no daily interpolation.

+51.42% 5Y
CNI Debt to Equity Ratio

CNI Average Debt to Equity Ratio Chart

CNI Debt to Equity Ratio

CNI Current vs Average Debt to Equity Ratio Chart

CNI Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.05

DEBT TO EQUITY RATIO AVG TTM

1.01

DEBT TO EQUITY RATIO AVG 3Y

0.98

DEBT TO EQUITY RATIO AVG 5Y

0.86

DEBT TO EQUITY RATIO AVG 10Y

0.80

DEBT TO EQUITY RATIO AVG 15Y

0.70

DEBT TO EQUITY RATIO AVG 20Y

0.68

CURRENT VS TTM AVG

+4.35%

CURRENT VS 3Y AVG

+7.18%

CURRENT VS 5Y AVG

+21.99%

CURRENT VS 10Y AVG

+32.03%

CURRENT VS 15Y AVG

+50.33%

CURRENT VS 20Y AVG

+54.26%

CNI Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Canadian National Railway Company (CNI)$73.13B1.051.010.980.86
TransDigm Group Incorporated (TDG)vs ›$74.09B-3.103.422.872.73
Bloom Energy Corporation (BE)vs ›$71.69B3.893.313.134.82
FedEx Corporation (FDX)vs ›$76.00B1.361.351.381.42
Norfolk Southern Corporation (NSC)vs ›$70.26B1.101.161.231.14
Illinois Tool Works Inc. (ITW)vs ›$77.02B2.782.612.642.56
Cintas Corporation (CTAS)vs ›$68.78B0.570.590.690.73
Canadian Pacific Kansas City Ltd. (CP)vs ›$77.88B0.510.490.510.67
Emerson Electric Co. (EMR)vs ›$80.37B0.680.540.630.69
Comfort Systems USA, Inc. (FIX)vs ›$65.27B0.320.250.270.37

Financial Health

Debt/Equity

1.05

Current Ratio

0.67

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Canadian National Railway Company (CNI)?
The debt to equity ratio for CNI stock is 1.05.
Is Canadian National Railway Company's debt to equity ratio high or low?
The debt to equity ratio of 1.05 is 22% above its 5-year average of 0.86, near the high end of its 5-year range (0.57–1.08).
What is the TTM average debt to equity ratio for Canadian National Railway Company (CNI)?
The TTM average debt to equity ratio for CNI stock is 1.01.
What is the 3Y average debt to equity ratio for Canadian National Railway Company (CNI)?
The 3Y average debt to equity ratio for CNI stock is 0.98.
What is the 5Y average debt to equity ratio for Canadian National Railway Company (CNI)?
The 5Y average debt to equity ratio for CNI stock is 0.86.
What is the 10Y average debt to equity ratio for Canadian National Railway Company (CNI)?
The 10Y average debt to equity ratio for CNI stock is 0.80.
What is the 15Y average debt to equity ratio for Canadian National Railway Company (CNI)?
The 15Y average debt to equity ratio for CNI stock is 0.70.
What is the 20Y average debt to equity ratio for Canadian National Railway Company (CNI)?
The 20Y average debt to equity ratio for CNI stock is 0.68.

CNI Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-03-311.05
2025-12-311.01
2025-09-301.03
2025-06-300.96
2025-03-310.98
2024-12-311.02
2024-09-301.08
2024-06-301.07
2024-03-311.01
2023-12-310.94
2023-09-300.94
2023-06-300.84
2023-03-310.81
2022-12-310.74
2022-09-300.72
2022-06-300.68
2022-03-310.63
2021-12-310.57
2021-09-300.65
2021-06-300.69
2021-03-310.67
2020-12-310.68
2020-09-300.73
2020-06-300.77
2020-03-310.84
2019-12-310.79
2019-09-300.77
2019-06-300.77
2019-03-310.79
2018-12-310.71
2018-09-300.68
2018-06-300.68
2018-03-310.72
2017-12-310.65
2017-09-300.69
2017-06-300.70
2017-03-310.73
2016-12-310.74
2016-09-300.71
2016-06-300.70
2016-03-310.69
2015-12-310.70
2015-09-300.72
2015-06-300.67
2015-03-310.68
2014-12-310.62
2014-09-300.57
2014-06-300.57
2014-03-310.63
2013-12-310.61
2013-09-300.65
2013-06-300.66
2013-03-310.67
2012-12-310.63
2012-09-300.57
2012-06-300.61
2012-03-310.62
2011-12-310.62
2011-09-300.55
2011-06-300.52
2011-03-310.52
2010-12-310.54
2010-09-300.53
2010-06-300.56
2010-03-310.55
2009-12-310.58
2009-09-300.68
2009-06-300.80
2009-03-310.88
2008-12-310.88
2008-09-300.65
2008-06-300.64
2008-03-310.63
2007-12-310.68
2007-09-300.58
2007-06-300.57
2007-03-310.60
2006-12-310.57
2006-09-300.57
2006-06-300.59
2006-03-310.57
2005-12-310.55
2005-09-300.68
2005-06-300.70
2005-03-310.71
2004-12-310.56
2004-09-300.74
2004-06-300.69
2004-03-310.68
2003-12-310.55
2003-10-200.79
2003-06-300.82
2003-03-310.87
2002-12-310.67
2002-09-300.78
2002-06-300.80

Related Metrics

Current RatioQuick RatioROEAll Metrics

About Canadian National Railway Company

Canadian National Railway Company (CNI), together with its subsidiary operations, functions as a key player in the railway and related logistics industry. The firm handles a wide array of freight, including petroleum products and chemicals, agricultural commodities such as grain and fertilizers, various minerals like coal and metals, timber and paper goods, intermodal containers, and finished automobiles. Its services cater to a broad base of clients, from international exporters and importers to retail chains, agricultural growers, and industrial manufacturers. CNI boasts a substantial rail infrastructure, with approximately 19,500 miles of track extending across both Canada and the United States. Additionally, the company provides diverse ancillary services, encompassing marine terminal management (vessels and docks), cargo transshipment and distribution, specialized automotive supply chain solutions, and comprehensive freight management and forwarding. Founded in 1919, Canadian National Railway Company is based in Montreal, Canada.

Montreal, QC
24,911 employees
www.cn.ca
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Tracy A. Robinson
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