Gross Margin: 42.82%
Is the gross margin high or low?
The gross margin of 42.82% is in line with its 5-year average of 42.37%, around the middle of its 5-year range (37.14%–46.30%).
As of Sunday, June 28, 2026. 1.41% below its 12-month average of 43.43%.
CNI Gross Margin
Reported quarterly gross margin; no daily interpolation.
CNI Average Gross Margin Chart
CNI Current vs Average Gross Margin Chart
CNI Gross Margin Metrics
GROSS MARGIN
42.82%
GROSS MARGIN AVG TTM
43.43%
GROSS MARGIN AVG 3Y
42.01%
GROSS MARGIN AVG 5Y
42.37%
GROSS MARGIN AVG 10Y
42.89%
GROSS MARGIN AVG 15Y
42.79%
GROSS MARGIN AVG 20Y
49.93%
CURRENT VS TTM AVG
-1.41%
CURRENT VS 3Y AVG
+1.92%
CURRENT VS 5Y AVG
+1.06%
CURRENT VS 10Y AVG
-0.16%
CURRENT VS 15Y AVG
+0.06%
CURRENT VS 20Y AVG
-14.25%
CNI Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian National Railway Company (CNI) | $73.13B | 42.82% | 43.43% | 42.01% | 42.37% |
| TransDigm Group Incorporated (TDG)vs › | $74.09B | 59.02% | 59.49% | 58.60% | 56.44% |
| Bloom Energy Corporation (BE)vs › | $71.69B | 31.11% | 28.24% | 20.92% | 20.68% |
| FedEx Corporation (FDX)vs › | $76.00B | 22.90% | 21.69% | 21.56% | 21.51% |
| Norfolk Southern Corporation (NSC)vs › | $70.26B | 45.31% | 36.74% | 33.43% | 34.60% |
| Illinois Tool Works Inc. (ITW)vs › | $77.02B | 44.12% | 43.88% | 42.30% | 41.61% |
| Cintas Corporation (CTAS)vs › | $68.78B | 50.36% | 49.44% | 48.11% | 47.45% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $77.88B | 46.67% | 52.01% | 51.86% | 53.71% |
| Emerson Electric Co. (EMR)vs › | $80.37B | 52.66% | 51.81% | 49.57% | 47.39% |
| Comfort Systems USA, Inc. (FIX)vs › | $65.27B | 25.13% | 22.57% | 20.52% | 19.92% |
Gross Margin Analysis
Gross Margin
42.8%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Canadian National Railway Company (CNI)?
- The gross margin for CNI stock is 42.82%.
- Is Canadian National Railway Company's gross margin high or low?
- The gross margin of 42.82% is in line with its 5-year average of 42.37%, around the middle of its 5-year range (37.14%–46.30%).
- What is the TTM average gross margin for Canadian National Railway Company (CNI)?
- The TTM average gross margin for CNI stock is 43.43%.
- What is the 3Y average gross margin for Canadian National Railway Company (CNI)?
- The 3Y average gross margin for CNI stock is 42.01%.
- What is the 5Y average gross margin for Canadian National Railway Company (CNI)?
- The 5Y average gross margin for CNI stock is 42.37%.
- What is the 10Y average gross margin for Canadian National Railway Company (CNI)?
- The 10Y average gross margin for CNI stock is 42.89%.
- What is the 15Y average gross margin for Canadian National Railway Company (CNI)?
- The 15Y average gross margin for CNI stock is 42.79%.
- What is the 20Y average gross margin for Canadian National Railway Company (CNI)?
- The 20Y average gross margin for CNI stock is 49.93%.
CNI Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 42.82% |
| 2025-12-31 | 46.30% |
| 2025-09-30 | 44.90% |
| 2025-06-30 | 42.77% |
| 2025-03-31 | 40.36% |
| 2024-12-31 | 41.51% |
| 2024-09-30 | 40.44% |
| 2024-06-30 | 41.28% |
| 2024-03-31 | 40.22% |
| 2023-12-31 | 44.02% |
| 2023-09-30 | 41.33% |
| 2023-06-30 | 42.45% |
| 2023-03-31 | 42.04% |
| 2022-12-31 | 44.65% |
| 2022-09-30 | 45.80% |
| 2022-06-30 | 44.29% |
| 2022-03-31 | 37.14% |
| 2021-12-31 | 45.06% |
| 2021-09-30 | 42.44% |
| 2021-06-30 | 41.97% |
| 2021-03-31 | 38.02% |
| 2020-12-31 | 41.96% |
| 2020-09-30 | 43.41% |
| 2020-06-30 | 43.32% |
| 2020-03-31 | 38.56% |
| 2019-12-31 | 37.50% |
| 2019-09-30 | 44.57% |
| 2019-06-30 | 45.42% |
| 2019-03-31 | 34.88% |
| 2018-12-31 | 41.05% |
| 2018-09-30 | 43.44% |
| 2018-06-30 | 44.81% |
| 2018-03-31 | 36.63% |
| 2017-12-31 | 43.26% |
| 2017-09-30 | 45.23% |
| 2017-06-30 | 46.02% |
| 2017-03-31 | 41.83% |
| 2016-12-31 | 46.81% |
| 2016-09-30 | 48.94% |
| 2016-06-30 | 48.03% |
| 2016-03-31 | 44.84% |
| 2015-12-31 | 44.98% |
| 2015-09-30 | 48.42% |
| 2015-06-30 | 46.53% |
| 2015-03-31 | 39.44% |
| 2014-12-31 | 42.44% |
| 2014-09-30 | 44.03% |
| 2014-06-30 | 43.04% |
| 2014-03-31 | 34.05% |
| 2013-12-31 | 37.89% |
| 2013-09-30 | 42.99% |
| 2013-06-30 | 41.52% |
| 2013-03-31 | 34.91% |
| 2012-12-31 | -45.22% |
| 2012-09-30 | 42.33% |
| 2012-06-30 | 41.92% |
| 2012-03-31 | 37.08% |
| 2011-12-31 | 68.87% |
| 2011-09-30 | 70.48% |
| 2011-06-30 | 70.13% |
| 2011-03-31 | 68.14% |
| 2010-12-31 | 70.00% |
| 2010-09-30 | 73.80% |
| 2010-06-30 | 73.01% |
| 2010-03-31 | 70.94% |
| 2009-12-31 | 71.15% |
| 2009-09-30 | 73.01% |
| 2009-06-30 | 72.09% |
| 2009-03-31 | 70.15% |
| 2008-12-31 | 68.91% |
| 2008-09-30 | 68.23% |
| 2008-06-30 | 64.63% |
| 2008-03-31 | 65.80% |
| 2007-12-31 | -15.62% |
| 2007-09-30 | 72.47% |
| 2007-06-30 | 71.68% |
| 2007-03-31 | 48.58% |
| 2006-12-31 | 73.75% |
| 2006-09-30 | 75.28% |
| 2006-06-30 | 77.99% |
| 2006-03-31 | 33.82% |
| 2005-12-31 | 74.78% |
| 2005-09-30 | 77.09% |
| 2005-06-30 | 79.56% |
| 2005-03-31 | 78.17% |
| 2004-12-31 | 92.14% |
| 2004-09-30 | 77.43% |
| 2004-06-30 | 81.73% |
| 2004-03-31 | 73.91% |
| 2003-12-31 | 90.78% |
| 2003-10-20 | 73.61% |
| 2003-06-30 | 71.19% |
| 2003-03-31 | 71.81% |
| 2002-12-31 | -38.74% |
| 2002-09-30 | 82.15% |
| 2002-06-30 | 81.74% |
Related 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.
- Sector
- Industrials
- Industry
- Railroads
- CEO
- Tracy A. Robinson