Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 22.25% is in line with its 5-year average of 23.95%, around the middle of its 5-year range (19.23%–28.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.92% above its 12-month average of 21.61%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 22.25%.
RETURN ON EQUITY (ROE)
22.25%
RETURN ON EQUITY (ROE) AVG TTM
21.61%
RETURN ON EQUITY (ROE) AVG 3Y
24.15%
RETURN ON EQUITY (ROE) AVG 5Y
23.95%
RETURN ON EQUITY (ROE) AVG 10Y
23.49%
RETURN ON EQUITY (ROE) AVG 15Y
23.45%
RETURN ON EQUITY (ROE) AVG 20Y
22.24%
CURRENT VS TTM AVG
+2.92%
CURRENT VS 3Y AVG
-7.90%
CURRENT VS 5Y AVG
-7.10%
CURRENT VS 10Y AVG
-5.27%
CURRENT VS 15Y AVG
-5.13%
CURRENT VS 20Y AVG
+0.04%
SECTOR MEDIAN · INDUSTRIALS
17.21%
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+29.27%
vs the sector median at left
Canadian National Railway Company
Market Cap
$73.15B
Return on Equity (ROE)
22.25%
TTM Avg
21.61%
3Y Avg
24.15%
5Y Avg
23.95%
Market Cap
$72.53B
Return on Equity (ROE)
25.14%
TTM Avg
26.19%
3Y Avg
24.56%
5Y Avg
30.43%
Market Cap
$72.45B
Return on Equity (ROE)
21.13%
TTM Avg
30.72%
3Y Avg
23.43%
5Y Avg
23.51%
Market Cap
$70.30B
Return on Equity (ROE)
16.22%
TTM Avg
18.41%
3Y Avg
19.20%
5Y Avg
18.74%
Market Cap
$76.40B
Return on Equity (ROE)
8.45%
TTM Avg
8.39%
3Y Avg
8.82%
5Y Avg
12.85%
Market Cap
$67.63B
Return on Equity (ROE)
14.01%
TTM Avg
14.29%
3Y Avg
14.88%
5Y Avg
16.08%
Market Cap
$78.92B
Return on Equity (ROE)
110.37%
TTM Avg
100.13%
3Y Avg
99.17%
5Y Avg
89.55%
Market Cap
$67.37B
Return on Equity (ROE)
32.56%
TTM Avg
30.63%
3Y Avg
31.67%
5Y Avg
30.63%
Market Cap
$79.80B
Return on Equity (ROE)
30.33%
TTM Avg
34.47%
3Y Avg
41.51%
5Y Avg
76.82%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian National Railway Company (CNI) | $73.15B | 22.25% | 21.61% | 24.15% | 23.95% |
| Northrop Grumman Corporation (NOC)vs › | $72.53B | 25.14% | 26.19% | 24.56% | 30.43% |
| Cummins Inc. (CMI)vs › | $72.45B | 21.13% | 30.72% | 23.43% | 23.51% |
| Norfolk Southern Corporation (NSC)vs › | $70.30B | 16.22% | 18.41% | 19.20% | 18.74% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $76.40B | 8.45% | 8.39% | 8.82% | 12.85% |
| FedEx Corporation (FDX)vs › | $67.63B | 14.01% | 14.29% | 14.88% | 16.08% |
| Illinois Tool Works Inc. (ITW)vs › | $78.92B | 110.37% | 100.13% | 99.17% | 89.55% |
| Honeywell International Inc. (HON)vs › | $67.37B | 32.56% | 30.63% | 31.67% | 30.63% |
| United Parcel Service, Inc. (UPS)vs › | $79.80B | 30.33% | 34.47% | 41.51% | 76.82% |
| Cintas Corporation (CTAS)vs › | $80.00B | 38.91% | 38.80% | 37.22% | 36.06% |
ROE
22.2%
ROA
8.1%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 22.25% |
| 2026-03-31 | 22.07% |
| 2025-12-31 | 21.62% |
| 2025-09-30 | 21.49% |
| 2025-06-30 | 20.65% |
| 2025-03-31 | 21.43% |
| 2024-12-31 | 22.07% |
| 2024-09-30 | 28.09% |
| 2024-06-30 | 28.56% |
| 2024-03-31 | 28.05% |
| 2023-12-31 | 27.70% |
| 2023-09-30 | 24.80% |
| 2023-06-30 | 25.22% |
| 2023-03-31 | 26.13% |
| 2022-12-31 | 24.48% |
| 2022-09-30 | 23.66% |
| 2022-06-30 | 23.92% |
| 2022-03-31 | 22.02% |
| 2021-12-31 | 21.63% |
| 2021-09-30 | 27.81% |
| 2021-06-30 | 19.23% |
| 2021-03-31 | 17.17% |
| 2020-12-31 | 17.25% |
| 2020-09-30 | 17.46% |
| 2020-06-30 | 19.48% |
| 2020-03-31 | 24.90% |
| 2019-12-31 | 23.08% |
| 2019-09-30 | 24.13% |
| 2019-06-30 | 24.39% |
| 2019-03-31 | 25.18% |
| 2018-12-31 | 25.47% |
| 2018-09-30 | 33.03% |
| 2018-06-30 | 33.39% |
| 2018-03-31 | 32.75% |
| 2017-12-31 | 32.50% |
| 2017-09-30 | 24.67% |
| 2017-06-30 | 25.48% |
| 2017-03-31 | 25.26% |
| 2016-12-31 | 25.11% |
| 2016-09-30 | 23.38% |
| 2016-06-30 | 23.67% |
| 2016-03-31 | 24.21% |
| 2015-12-31 | 25.00% |
| 2015-09-30 | 25.30% |
| 2015-06-30 | 24.64% |
| 2015-03-31 | 26.17% |
| 2014-12-31 | 24.56% |
| 2014-09-30 | 22.13% |
| 2014-06-30 | 21.10% |
| 2014-03-31 | 21.32% |
| 2013-12-31 | 20.59% |
| 2013-09-30 | 22.53% |
| 2013-06-30 | 23.24% |
| 2013-03-31 | 22.47% |
| 2012-12-31 | 24.19% |
| 2012-09-30 | 23.08% |
| 2012-06-30 | 23.71% |
| 2012-03-31 | 23.08% |
| 2011-12-31 | 23.46% |
| 2011-09-30 | 21.43% |
| 2011-06-30 | 19.27% |
| 2011-03-31 | 18.92% |
| 2010-12-31 | 18.13% |
| 2010-09-30 | 18.22% |
| 2010-06-30 | 18.11% |
| 2010-03-31 | 16.05% |
| 2009-12-31 | 15.49% |
| 2009-09-30 | 14.71% |
| 2009-06-30 | 17.35% |
| 2009-03-31 | 20.54% |
| 2008-12-31 | 20.16% |
| 2008-09-30 | 21.74% |
| 2008-06-30 | 20.88% |
| 2008-03-31 | 21.49% |
| 2007-12-31 | 20.43% |
| 2007-09-30 | 17.49% |
| 2007-06-30 | 17.82% |
| 2007-03-31 | 21.24% |
| 2006-12-31 | 21.78% |
| 2006-09-30 | 21.24% |
| 2006-06-30 | 20.20% |
| 2006-03-31 | 17.21% |
| 2005-12-31 | 16.20% |
| 2005-09-30 | 19.32% |
| 2005-06-30 | 19.36% |
| 2005-03-31 | 17.60% |
| 2004-12-31 | 12.80% |
| 2004-09-30 | 18.19% |
| 2004-06-30 | 17.52% |
| 2004-03-31 | 15.75% |
| 2003-12-31 | 11.69% |
| 2003-10-20 | 11.15% |
| 2003-06-30 | 10.67% |
