Canadian National Railway Company logo
CNICanadian National Railway Company

Shares Outstanding: 611.90M

The shares outstanding is 611.90M. It is below its 12-month average by 1.52% (621.32M).

Shares Outstanding

CNI Shares Outstanding

611.90M

Reported quarterly weighted average share count; no daily interpolation.

-13.89% 5Y
CNI Shares Outstanding

CNI Average Shares Outstanding Chart

CNI Shares Outstanding

CNI Current vs Average Shares Outstanding Chart

CNI Shares Outstanding Metrics

SHARES OUTSTANDING

611.90M

SHARES OUTSTANDING AVG TTM

621.32M

SHARES OUTSTANDING AVG 3Y

636.99M

SHARES OUTSTANDING AVG 5Y

660.62M

SHARES OUTSTANDING AVG 10Y

700.30M

SHARES OUTSTANDING AVG 15Y

692.24M

SHARES OUTSTANDING AVG 20Y

674.56M

CURRENT VS TTM AVG

-1.52%

CURRENT VS 3Y AVG

-3.94%

CURRENT VS 5Y AVG

-7.38%

CURRENT VS 10Y AVG

-12.62%

CURRENT VS 15Y AVG

-11.61%

CURRENT VS 20Y AVG

-9.29%

Share Structure

Shares Outstanding

623.10M

Float Shares

N/A

Stock Price

$120.56

Market Cap

$73.1B

Quarterly Shares Outstanding History

PeriodWeighted Average SharesQoQ Change
Q1 2026611.90M-0.67%
Q4 2025616.00M-1.03%
Q3 2025622.40M-0.89%
Q2 2025628.00M-0.05%
Q1 2025628.30M-0.19%
Q4 2024629.50M-0.16%
Q3 2024630.50M-0.90%
Q2 2024636.20M-0.89%
Q1 2024641.90M-0.88%
Q4 2023647.60M-1.22%
Q3 2023655.60M-1.13%
Q2 2023663.10M-1.02%
Q1 2023669.90M-1.03%
Q4 2022676.90M-1.08%
Q3 2022684.30M-1.07%
Q2 2022691.70M-1.21%
Q1 2022700.20M-0.72%
Q4 2021705.25M-0.72%
Q3 2021710.40M-0.03%
Q2 2021710.60M-0.31%
Q1 2021712.80M-0.06%
Q4 2020713.20M+0.06%
Q3 2020712.80M+0.08%
Q2 2020712.20M-0.24%
Q1 2020713.90M-0.49%
Q4 2019717.40M-0.49%
Q3 2019720.90M-0.50%
Q2 2019724.50M-0.44%
Q1 2019727.70M-0.49%
Q4 2018731.30M-0.67%
Q3 2018736.20M-0.39%
Q2 2018739.10M-0.69%
Q1 2018744.20M-0.77%
Q4 2017750.00M-0.66%
Q3 2017755.00M-0.62%
Q2 2017759.70M-0.63%
Q1 2017764.50M-0.73%
Q4 2016770.10M-0.72%
Q3 2016775.70M-0.81%
Q2 2016782.00M-0.89%
Q1 2016789.00M-0.92%
Q4 2015796.30M-0.70%
Q3 2015801.90M-0.75%
Q2 2015808.00M-0.77%
Q1 2015814.30M-0.32%
Q4 2014816.90M-0.49%
Q3 2014820.90M-0.53%
Q2 2014825.30M-0.72%
Q1 2014831.30M-0.69%
Q4 2013837.10M+98.79%
Q3 2013421.10M-0.82%
Q2 2013424.60M-0.86%
Q1 2013428.30M-0.88%
Q4 2012432.10M-0.87%
Q3 2012435.90M-0.82%
Q2 2012439.50M-0.90%
Q1 2012443.50M-0.88%
Q4 2011447.45M-0.88%
Q3 2011451.40M-1.25%
Q2 2011457.10M-1.02%
Q1 2011461.80M-0.71%
Q4 2010465.10M-0.70%
Q3 2010468.40M-0.89%
Q2 2010472.60M-0.48%
Q1 2010474.90M-50.19%
Q4 2009953.40M+101.22%
Q3 2009473.80M-49.92%
Q2 2009946.00M+100.30%
Q1 2009472.30M-50.02%
Q4 2008945.00M+32.45%
Q3 2008713.50M+48.03%
Q2 2008482.00M-1.35%
Q1 2008488.60M-4.08%
Q4 2007509.40M-3.92%
Q3 2007530.20M-1.54%
Q2 2007538.50M+4.00%
Q1 2007517.80M-50.55%
Q4 20061.05B-1.24%
Q3 20061.06B-1.54%
Q2 20061.08B-1.72%
Q1 20061.10B-1.70%
Q4 20051.11B+0.04%
Q3 20051.11B-1.49%
Q2 20051.13B-1.57%
Q1 20051.15B-1.10%
Q4 20041.16B+0.07%
Q3 20041.16B+0.45%
Q2 20041.16B+0.14%
Q1 20041.15B+0.63%
Q4 20031.15B-0.42%
Q3 20031.15B-0.88%
Q2 20031.16B-1.82%
Q1 20031.18B-1.05%
Q4 20021.20B-1.72%
Q3 20021.22B-0.15%
Q2 20021.22B-

Relationship: Market Cap = Shares Outstanding × Stock Price

Key concepts:

  • Float shares: Shares available for public trading
  • Dilution: When new shares are issued, existing shareholders own less
  • Buybacks: Reduce share count, increasing EPS and ownership stake
  • Stock splits: Increase share count but don't change market cap

Shares Outstanding Formula & Definition

Shares Outstanding represents the reported weighted average share count used for per-share metrics. Changes in share count affect EPS and ownership dilution.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shares Outstanding FAQ

What is the shares outstanding for Canadian National Railway Company (CNI)?
The shares outstanding for CNI stock is 611.90M.
What is the TTM average shares outstanding for Canadian National Railway Company (CNI)?
The TTM average shares outstanding for CNI stock is 621.32M.
What is the 3Y average shares outstanding for Canadian National Railway Company (CNI)?
The 3Y average shares outstanding for CNI stock is 636.99M.
What is the 5Y average shares outstanding for Canadian National Railway Company (CNI)?
The 5Y average shares outstanding for CNI stock is 660.62M.
What is the 10Y average shares outstanding for Canadian National Railway Company (CNI)?
The 10Y average shares outstanding for CNI stock is 700.30M.
What is the 15Y average shares outstanding for Canadian National Railway Company (CNI)?
The 15Y average shares outstanding for CNI stock is 692.24M.
What is the 20Y average shares outstanding for Canadian National Railway Company (CNI)?
The 20Y average shares outstanding for CNI stock is 674.56M.

CNI Shares Outstanding History

DATESHARES OUTSTANDING
2026-03-31611.90M
2025-12-31616.00M
2025-09-30622.40M
2025-06-30628.00M
2025-03-31628.30M
2024-12-31629.50M
2024-09-30630.50M
2024-06-30636.20M
2024-03-31641.90M
2023-12-31647.60M
2023-09-30655.60M
2023-06-30663.10M
2023-03-31669.90M
2022-12-31676.90M
2022-09-30684.30M
2022-06-30691.70M
2022-03-31700.20M
2021-12-31705.25M
2021-09-30710.40M
2021-06-30710.60M
2021-03-31712.80M
2020-12-31713.20M
2020-09-30712.80M
2020-06-30712.20M
2020-03-31713.90M
2019-12-31717.40M
2019-09-30720.90M
2019-06-30724.50M
2019-03-31727.70M
2018-12-31731.30M
2018-09-30736.20M
2018-06-30739.10M
2018-03-31744.20M
2017-12-31750.00M
2017-09-30755.00M
2017-06-30759.70M
2017-03-31764.50M
2016-12-31770.10M
2016-09-30775.70M
2016-06-30782.00M
2016-03-31789.00M
2015-12-31796.30M
2015-09-30801.90M
2015-06-30808.00M
2015-03-31814.30M
2014-12-31816.90M
2014-09-30820.90M
2014-06-30825.30M
2014-03-31831.30M
2013-12-31837.10M
2013-09-30421.10M
2013-06-30424.60M
2013-03-31428.30M
2012-12-31432.10M
2012-09-30435.90M
2012-06-30439.50M
2012-03-31443.50M
2011-12-31447.45M
2011-09-30451.40M
2011-06-30457.10M
2011-03-31461.80M
2010-12-31465.10M
2010-09-30468.40M
2010-06-30472.60M
2010-03-31474.90M
2009-12-31953.40M
2009-09-30473.80M
2009-06-30946.00M
2009-03-31472.30M
2008-12-31945.00M
2008-09-30713.50M
2008-06-30482.00M
2008-03-31488.60M
2007-12-31509.40M
2007-09-30530.20M
2007-06-30538.50M
2007-03-31517.80M
2006-12-311.05B
2006-09-301.06B
2006-06-301.08B
2006-03-311.10B
2005-12-311.11B
2005-09-301.11B
2005-06-301.13B
2005-03-311.15B
2004-12-311.16B
2004-09-301.16B
2004-06-301.16B
2004-03-311.15B
2003-12-311.15B
2003-10-201.15B
2003-06-301.16B
2003-03-311.18B
2002-12-311.20B
2002-09-301.22B
2002-06-301.22B

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