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CNICanadian National Railway Company

Is the EV/FCF ratio high or low?

The EV/FCF ratio of 34.56x is in line with its 5-year average of 32.28x, around the middle of its 5-year range (25.74x–43.43x).

As of Sunday, June 28, 2026. 6.17% above its 12-month average of 32.55x.

CNI EV/FCF Ratio

CNI EV/FCF Ratio Chart

34.56x
+0.58% 1Y
CNI EV/FCF Ratio

CNI Average EV/FCF Ratio Chart

CNI EV/FCF Ratio

CNI Current vs Average EV/FCF Ratio Chart

CNI EV/FCF Ratio Metrics

EV/FCF RATIO

34.56x

EV/FCF RATIO AVG TTM

32.55x

EV/FCF RATIO AVG 3Y

32.66x

EV/FCF RATIO AVG 5Y

32.05x

EV/FCF RATIO AVG 10Y

35.11x

EV/FCF RATIO AVG 15Y

32.24x

EV/FCF RATIO AVG 20Y

29.80x

CURRENT VS TTM AVG

+6.17%

CURRENT VS 3Y AVG

+5.83%

CURRENT VS 5Y AVG

+7.84%

CURRENT VS 10Y AVG

-1.56%

CURRENT VS 15Y AVG

+7.19%

CURRENT VS 20Y AVG

+15.98%

CNI Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Canadian National Railway Company (CNI)$73.13B34.56x32.55x32.66x32.05x
TransDigm Group Incorporated (TDG)vs ›$74.09B56.87x54.78x56.47x59.51x
Bloom Energy Corporation (BE)vs ›$71.69B347.02x383.36x323.93x323.93x
FedEx Corporation (FDX)vs ›$76.00B20.80x23.53x26.17x26.73x
Norfolk Southern Corporation (NSC)vs ›$70.26B22.55x32.11x259.94x150.10x
Illinois Tool Works Inc. (ITW)vs ›$77.02B31.29x30.29x29.69x31.95x
Cintas Corporation (CTAS)vs ›$68.78B40.62x46.12x47.14x43.36x
Canadian Pacific Kansas City Ltd. (CP)vs ›$77.88B64.64x52.72x57.54x54.66x
Emerson Electric Co. (EMR)vs ›$80.37B29.87x33.12x70.50x51.90x
Comfort Systems USA, Inc. (FIX)vs ›$65.27B46.75x46.40x28.90x26.28x

Cash Flow Valuation Comparison

EV/FCF

34.6x

P/FCF

28.5x

FCF Yield

3.51%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/FCF Ratio FAQ

What is the EV/FCF ratio for Canadian National Railway Company (CNI)?
The EV/FCF ratio for CNI stock is 34.56x.
Is Canadian National Railway Company's EV/FCF ratio high or low?
The EV/FCF ratio of 34.56x is in line with its 5-year average of 32.28x, around the middle of its 5-year range (25.74x–43.43x).
What is the TTM average EV/FCF ratio for Canadian National Railway Company (CNI)?
The TTM average EV/FCF ratio for CNI stock is 32.55x.
What is the 3Y average EV/FCF ratio for Canadian National Railway Company (CNI)?
The 3Y average EV/FCF ratio for CNI stock is 32.66x.
What is the 5Y average EV/FCF ratio for Canadian National Railway Company (CNI)?
The 5Y average EV/FCF ratio for CNI stock is 32.05x.
What is the 10Y average EV/FCF ratio for Canadian National Railway Company (CNI)?
The 10Y average EV/FCF ratio for CNI stock is 35.11x.
What is the 15Y average EV/FCF ratio for Canadian National Railway Company (CNI)?
The 15Y average EV/FCF ratio for CNI stock is 32.24x.
What is the 20Y average EV/FCF ratio for Canadian National Railway Company (CNI)?
The 20Y average EV/FCF ratio for CNI stock is 29.80x.

CNI EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-2634.56x
2026-06-2534.51x
2026-06-2433.46x
2026-06-2333.22x
2026-06-2233.04x
2026-06-1832.87x
2026-06-1733.00x
2026-06-1633.88x
2026-06-1533.85x
2026-06-1234.18x
2026-06-1134.02x
2026-06-1034.23x
2026-06-0934.50x
2026-06-0834.62x
2026-06-0534.52x
2026-06-0434.31x
2026-06-0334.30x
2026-06-0234.72x
2026-06-0134.29x
2026-05-2934.08x
2026-05-2834.14x
2026-05-2734.10x
2026-05-2633.57x
2026-05-2233.07x
2026-05-2133.05x
2026-05-2033.20x
2026-05-1932.82x
2026-05-1832.69x
2026-05-1532.49x
2026-05-1432.64x
2026-05-1332.51x
2026-05-1232.52x
2026-05-1132.21x
2026-05-0832.45x
2026-05-0732.26x
2026-05-0632.58x
2026-05-0532.06x
2026-05-0431.92x
2026-05-0132.53x
2026-04-3032.57x
2026-04-2931.61x
2026-04-2835.34x
2026-04-2735.35x
2026-04-2435.26x
2026-04-2335.13x
2026-04-2233.96x
2026-04-2134.15x
2026-04-2034.41x
2026-04-1734.18x
2026-04-1633.84x
2026-04-1534.09x
2026-04-1434.60x
2026-04-1334.35x
2026-04-1034.13x
2026-04-0934.14x
2026-04-0833.52x
2026-04-0733.08x
2026-04-0632.87x
2026-04-0232.64x
2026-04-0132.41x
2026-03-3132.28x
2026-03-3031.92x
2026-03-2731.95x
2026-03-2631.99x
2026-03-2532.06x
2026-03-2431.83x
2026-03-2331.76x
2026-03-2031.19x
2026-03-1931.36x
2026-03-1831.67x
2026-03-1732.09x
2026-03-1633.15x
2026-03-1332.85x
2026-03-1232.56x
2026-03-1133.15x
2026-03-1033.20x
2026-03-0933.59x
2026-03-0633.29x
2026-03-0534.02x
2026-03-0434.30x
2026-03-0334.40x
2026-03-0234.86x
2026-02-2734.66x
2026-02-2634.17x
2026-02-2533.86x
2026-02-2434.43x
2026-02-2334.13x
2026-02-2034.22x
2026-02-1933.96x
2026-02-1833.57x
2026-02-1733.72x
2026-02-1333.50x
2026-02-1233.43x
2026-02-1133.18x
2026-02-1033.12x
2026-02-0932.44x
2026-02-0631.95x
2026-02-0531.59x
2026-02-0431.34x
2026-02-0330.86x
2026-02-0230.65x
2026-01-3030.79x
2026-01-2932.01x
2026-01-2831.38x
2026-01-2731.87x
2026-01-2631.72x
2026-01-2331.71x
2026-01-2231.75x
2026-01-2131.59x
2026-01-2031.03x
2026-01-1631.77x
2026-01-1531.55x
2026-01-1431.15x
2026-01-1331.08x
2026-01-1231.48x
2026-01-0931.48x
2026-01-0831.61x
2026-01-0730.90x
2026-01-0631.90x
2026-01-0531.58x
2026-01-0231.82x
2025-12-3131.45x
2025-12-3031.57x
2025-12-2931.60x
2025-12-2631.41x
2025-12-2431.41x
2025-12-2331.43x
2025-12-2231.29x
2025-12-1931.29x
2025-12-1831.64x
2025-12-1731.08x
2025-12-1630.96x
2025-12-1531.33x
2025-12-1231.21x
2025-12-1131.23x
2025-12-1031.31x
2025-12-0931.16x
2025-12-0831.30x
2025-12-0531.28x
2025-12-0431.38x
2025-12-0331.40x
2025-12-0230.73x
2025-12-0130.62x
2025-11-2830.70x
2025-11-2630.22x
2025-11-2529.88x
2025-11-2429.44x
2025-11-2129.97x
2025-11-2029.72x
2025-11-1930.11x
2025-11-1830.21x
2025-11-1730.60x
2025-11-1430.77x
2025-11-1330.89x
2025-11-1231.21x
2025-11-1130.72x
2025-11-1030.35x
2025-11-0730.48x
2025-11-0630.36x
2025-11-0530.74x
2025-11-0430.67x
2025-11-0330.63x
2025-10-3130.71x
2025-10-3031.88x
2025-10-2931.85x
2025-10-2832.27x
2025-10-2732.28x
2025-10-2432.43x
2025-10-2332.61x
2025-10-2232.65x
2025-10-2132.34x
2025-10-2032.44x
2025-10-1732.53x
2025-10-1632.25x
2025-10-1532.92x
2025-10-1432.58x
2025-10-1332.65x
2025-10-1032.20x
2025-10-0932.48x
2025-10-0832.71x
2025-10-0732.87x
2025-10-0632.78x
2025-10-0332.72x
2025-10-0232.20x
2025-10-0132.20x
2025-09-3032.15x
2025-09-2932.05x
2025-09-2631.77x
2025-09-2531.64x
2025-09-2431.57x
2025-09-2331.59x
2025-09-2231.53x
2025-09-1931.89x
2025-09-1831.94x
2025-09-1732.25x
2025-09-1632.52x
2025-09-1532.44x
2025-09-1231.92x
2025-09-1132.05x
2025-09-1031.64x
2025-09-0931.87x
2025-09-0832.41x
2025-09-0532.77x
2025-09-0432.82x
2025-09-0332.77x
2025-09-0232.79x
2025-08-2932.83x
2025-08-2832.64x
2025-08-2732.96x
2025-08-2632.78x
2025-08-2532.32x
2025-08-2232.60x
2025-08-2132.08x
2025-08-2032.02x
2025-08-1932.17x
2025-08-1831.86x
2025-08-1531.89x
2025-08-1431.74x
2025-08-1332.04x
2025-08-1232.02x
2025-08-1131.87x
2025-08-0831.68x
2025-08-0731.66x
2025-08-0632.11x
2025-08-0532.12x
2025-08-0432.00x
2025-08-0131.76x
2025-07-3131.92x
2025-07-3032.14x
2025-07-2932.40x
2025-07-2832.35x
2025-07-2532.58x
2025-07-2432.46x
2025-07-2332.69x
2025-07-2233.80x
2025-07-2133.58x
2025-07-1833.57x
2025-07-1734.20x
2025-07-1634.49x
2025-07-1534.53x
2025-07-1434.77x
2025-07-1135.12x
2025-07-1035.34x
2025-07-0934.99x
2025-07-0835.05x
2025-07-0734.49x
2025-07-0335.46x
2025-07-0235.50x
2025-07-0135.06x
2025-06-3034.80x
2025-06-2734.21x
2025-06-2634.36x
2025-06-2533.68x
2025-06-2433.88x
2025-06-2333.92x
2025-06-2033.80x
2025-06-1833.81x
2025-06-1733.86x
2025-06-1634.60x
2025-06-1334.32x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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
Industrials / Railroads
Sector
Industrials
Industry
Railroads
CEO
Tracy A. Robinson