Canadian National Railway Company (CNI)CNICanadian National Railway Company

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	2.197B	2.197B	1.798B	1.804B	2.106B	1.859B	1.820B	2.249B	2.289B
Cash & Cash Equivalents	422.376M	422.376M	264.121M	162.498M	158.652M	161.203M	270.316M	201.761M	245.012M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	422.376M	422.376M	264.121M	162.498M	158.652M	161.203M	270.316M	201.761M	245.012M
Accounts Receivable	902.414M	902.414M	812.737M	894.628M	830.720M	873.414M	908.234M	918.639M	894.478M
Inventory	598.966M	598.966M	534.063M	560.040M	600.087M	562.126M	500.328M	535.811M	576.327M
Total Assets	42.860B	42.860B	42.605B	41.396B	41.702B	39.886B	39.656B	40.264B	39.486B
Property, Plant & Equipment	35.918B	35.918B	36.081B	35.275B	35.276B	33.980B	33.664B	34.415B	33.702B
Goodwill	0.00	0.00	380.538M	0.00	0.00	0.00	49.338M	0.00	0.00
Intangible Assets	352.460M	352.460M	0.00	359.000M	355.498M	341.166M	88.947M	551.331M	541.953M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	297.417M	0.00	0.00
Total Current Liabilities	3.287B	3.287B	2.689B	2.996B	2.577B	2.995B	2.763B	3.488B	3.606B
Accounts Payable	2.025B	2.025B	2.030B	1.859B	1.752B	1.748B	716.442M	1.951B	1.843B
Short-Term Debt	1.262B	1.262B	659.212M	1.124B	825.578M	1.247B	810.253M	1.536B	1.763B
Total Liabilities	27.398B	27.398B	26.912B	26.122B	25.884B	24.861B	25.028B	25.884B	25.294B
Long-Term Debt	14.738B	14.738B	15.000B	14.303B	14.177B	13.200B	13.709B	13.760B	13.238B
Total Debt	16.229B	16.229B	15.889B	15.673B	15.244B	14.684B	14.851B	15.472B	15.182B
Net Debt (Cash)	15.807B	15.807B	15.625B	15.511B	15.085B	14.523B	14.580B	15.270B	14.937B
Total Shareholders' Equity	15.461B	15.461B	15.693B	15.274B	15.818B	15.025B	14.628B	14.380B	14.192B
Common Stock	2.497B	2.497B	2.513B	2.490B	2.578B	2.442B	2.414B	2.570B	2.548B
Retained Earnings	13.471B	13.471B	13.765B	13.491B	14.102B	13.119B	12.754B	13.219B	12.981B
Current Ratio	0.67	0.67	0.67	0.60	0.82	0.62	0.66	0.64	0.63
Debt to Equity Ratio	1.05	1.05	1.01	1.03	0.96	0.98	1.02	1.08	1.07

Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	1.798B	1.820B	2.331B	2.373B	2.709B	2.434B	2.177B	1.999B
Cash & Cash Equivalents	264.121M	270.316M	358.387M	241.966M	662.523M	446.551M	49.242M	194.925M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	264.121M	270.316M	358.387M	241.966M	662.523M	446.551M	49.242M	194.925M
Accounts Receivable	812.737M	908.234M	980.850M	1.045B	849.104M	893.887M	1.102B	856.643M
Inventory	534.063M	500.328M	527.395M	510.488M	465.663M	457.538M	470.103M	408.170M
Total Assets	42.605B	39.656B	39.736B	37.373B	38.374B	35.162B	33.687B	30.202B
Property, Plant & Equipment	36.081B	33.664B	33.983B	32.464B	32.907B	31.788B	30.921B	27.680B
Goodwill	380.538M	49.338M	52.815M	51.639M	55.342M	54.936M	59.244M	0.00
Intangible Assets	0.00	88.947M	98.840M	101.065M	109.893M	113.796M	116.949M	53.494M
Long-Term Investments	0.00	297.417M	303.309M	69.344M	94.081M	65.138M	64.630M	51.296M
Total Current Liabilities	2.689B	2.763B	3.799B	2.834B	2.467B	2.569B	3.298B	2.565B
Accounts Payable	2.030B	716.442M	730.356M	703.766M	713.912M	612.144M	666.300M	719.610M
Short-Term Debt	659.212M	810.253M	1.766B	779.749M	401.625M	714.168M	1.485B	867.635M
Total Liabilities	26.912B	25.028B	24.558B	21.598B	20.393B	19.740B	19.807B	17.274B
Long-Term Debt	15.000B	13.709B	12.172B	10.602B	9.469B	9.414B	9.130B	8.329B
Total Debt	15.889B	14.851B	14.251B	11.726B	10.211B	10.457B	11.000B	9.211B
Net Debt (Cash)	15.625B	14.580B	13.893B	11.484B	9.548B	10.010B	10.951B	9.016B
Total Shareholders' Equity	15.693B	14.628B	15.178B	15.775B	17.981B	15.422B	13.881B	12.927B
Common Stock	2.513B	2.414B	2.650B	2.665B	2.928B	2.902B	2.808B	2.663B
Retained Earnings	13.765B	12.754B	14.075B	14.407B	16.592B	15.038B	13.568B	12.181B
Current Ratio	0.67	0.66	0.61	0.84	1.10	0.95	0.66	0.78
Debt to Equity Ratio	1.01	1.02	0.94	0.74	0.57	0.68	0.79	0.71

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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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