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CNICanadian National Railway Company

Interest Coverage Ratio: 6.62x

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

Is the interest coverage ratio high or low?

The interest coverage ratio of 6.62x is 27% below its 5-year average of 9.10x, near the low end of its 5-year range (6.59x–13.82x).

As of Sunday, June 28, 2026. 13.51% below its 12-month average of 7.65x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

CNI Interest Coverage Ratio

6.62x

Reported quarterly interest coverage; no daily interpolation.

-24.32% 5Y
CNI Interest Coverage Ratio

CNI Average Interest Coverage Ratio Chart

CNI Interest Coverage Ratio

CNI Current vs Average Interest Coverage Ratio Chart

CNI Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.62x

INTEREST COVERAGE RATIO AVG TTM

7.65x

INTEREST COVERAGE RATIO AVG 3Y

7.92x

INTEREST COVERAGE RATIO AVG 5Y

9.10x

INTEREST COVERAGE RATIO AVG 10Y

9.77x

INTEREST COVERAGE RATIO AVG 15Y

10.23x

INTEREST COVERAGE RATIO AVG 20Y

9.75x

CURRENT VS TTM AVG

-13.51%

CURRENT VS 3Y AVG

-16.45%

CURRENT VS 5Y AVG

-27.24%

CURRENT VS 10Y AVG

-32.27%

CURRENT VS 15Y AVG

-35.26%

CURRENT VS 20Y AVG

-32.11%

CNI Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Canadian National Railway Company (CNI)$73.13B6.62x7.65x7.92x9.10x
TransDigm Group Incorporated (TDG)vs ›$74.09B2.65x2.64x2.43x2.15x
Bloom Energy Corporation (BE)vs ›$71.69B1.35x0.86x0.86x0.86x
FedEx Corporation (FDX)vs ›$76.00B12.43x10.07x9.09x8.90x
Norfolk Southern Corporation (NSC)vs ›$70.26B5.06x4.86x5.11x5.44x
Illinois Tool Works Inc. (ITW)vs ›$77.02B14.44x14.75x15.84x15.76x
Cintas Corporation (CTAS)vs ›$68.78B23.34x21.94x19.49x17.18x
Canadian Pacific Kansas City Ltd. (CP)vs ›$77.88B6.40x6.44x5.92x6.36x
Emerson Electric Co. (EMR)vs ›$80.37B9.13x8.69x9.57x11.00x
Comfort Systems USA, Inc. (FIX)vs ›$65.27B145.70x129.21x79.42x62.41x

Financial Health Indicators

Interest Coverage

6.6x

Debt/Equity

1.01

Current Ratio

0.67

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Canadian National Railway Company (CNI)?
The interest coverage ratio for CNI stock is 6.62x.
Is Canadian National Railway Company's interest coverage ratio high or low?
The interest coverage ratio of 6.62x is 27% below its 5-year average of 9.10x, near the low end of its 5-year range (6.59x–13.82x).
What is the TTM average interest coverage ratio for Canadian National Railway Company (CNI)?
The TTM average interest coverage ratio for CNI stock is 7.65x.
What is the 3Y average interest coverage ratio for Canadian National Railway Company (CNI)?
The 3Y average interest coverage ratio for CNI stock is 7.92x.
What is the 5Y average interest coverage ratio for Canadian National Railway Company (CNI)?
The 5Y average interest coverage ratio for CNI stock is 9.10x.
What is the 10Y average interest coverage ratio for Canadian National Railway Company (CNI)?
The 10Y average interest coverage ratio for CNI stock is 9.77x.
What is the 15Y average interest coverage ratio for Canadian National Railway Company (CNI)?
The 15Y average interest coverage ratio for CNI stock is 10.23x.
What is the 20Y average interest coverage ratio for Canadian National Railway Company (CNI)?
The 20Y average interest coverage ratio for CNI stock is 9.75x.

CNI Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-316.62x
2025-12-317.41x
2025-09-309.85x
2025-06-307.48x
2025-03-316.91x
2024-12-317.05x
2024-09-306.59x
2024-06-307.08x
2024-03-317.36x
2023-12-319.14x
2023-09-308.20x
2023-06-309.25x
2023-03-3110.07x
2022-12-3112.50x
2022-09-3013.70x
2022-06-3013.82x
2022-03-319.74x
2021-12-3112.53x
2021-09-306.81x
2021-06-308.75x
2021-03-3110.21x
2020-12-3110.53x
2020-09-309.97x
2020-06-305.45x
2020-03-318.74x
2019-12-318.96x
2019-09-3011.95x
2019-06-3012.37x
2019-03-318.24x
2018-12-3111.90x
2018-09-3012.33x
2018-06-3012.25x
2018-03-318.44x
2017-12-3111.12x
2017-09-3011.59x
2017-06-3011.50x
2017-03-3110.03x
2016-12-3111.34x
2016-09-3011.92x
2016-06-3011.15x
2016-03-319.89x
2015-12-3111.38x
2015-09-3013.40x
2015-06-3012.97x
2015-03-3110.22x
2014-12-3113.40x
2014-09-3013.68x
2014-06-3013.82x
2014-03-318.91x
2013-12-3110.63x
2013-09-3012.18x
2013-06-3011.84x
2013-03-318.76x
2012-12-3110.72x
2012-09-3011.73x
2012-06-3011.45x
2012-03-319.22x
2011-12-319.87x
2011-09-3011.04x
2011-06-3010.28x
2011-03-317.50x
2010-12-318.90x
2010-09-309.27x
2010-06-308.93x
2010-03-316.55x
2009-12-316.87x
2009-09-307.10x
2009-06-305.40x
2009-03-314.29x
2008-12-317.45x
2008-09-309.17x
2008-06-308.13x
2008-03-316.08x
2007-09-309.85x
2007-06-309.54x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll 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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