Tax Rate: 24.65%
Is the tax rate high or low?
The tax rate of 24.65% is 11% above its 5-year average of 22.29%, near the high end of its 5-year range (-13.78%–25.22%).
0.07% above its 12-month average of 24.64%.
CNI Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
CNI Average Tax Rate Chart
CNI Current vs Average Tax Rate Chart
CNI Tax Rate Metrics
TAX RATE
24.65%
TAX RATE AVG TTM
24.64%
TAX RATE AVG 3Y
24.33%
TAX RATE AVG 5Y
24.39%
TAX RATE AVG 10Y
24.38%
TAX RATE AVG 15Y
25.28%
TAX RATE AVG 20Y
25.51%
CURRENT VS TTM AVG
+0.07%
CURRENT VS 3Y AVG
+1.35%
CURRENT VS 5Y AVG
+1.08%
CURRENT VS 10Y AVG
+1.13%
CURRENT VS 15Y AVG
-2.49%
CURRENT VS 20Y AVG
-3.35%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Canadian National Railway Company (CNI)?
- The tax rate for CNI stock is 24.65%.
- Is Canadian National Railway Company's tax rate high or low?
- The tax rate of 24.65% is 11% above its 5-year average of 22.29%, near the high end of its 5-year range (-13.78%–25.22%).
- What is the TTM average tax rate for Canadian National Railway Company (CNI)?
- The TTM average tax rate for CNI stock is 24.64%.
- What is the 3Y average tax rate for Canadian National Railway Company (CNI)?
- The 3Y average tax rate for CNI stock is 24.33%.
- What is the 5Y average tax rate for Canadian National Railway Company (CNI)?
- The 5Y average tax rate for CNI stock is 24.39%.
- What is the 10Y average tax rate for Canadian National Railway Company (CNI)?
- The 10Y average tax rate for CNI stock is 24.38%.
- What is the 15Y average tax rate for Canadian National Railway Company (CNI)?
- The 15Y average tax rate for CNI stock is 25.28%.
- What is the 20Y average tax rate for Canadian National Railway Company (CNI)?
- The 20Y average tax rate for CNI stock is 25.51%.
CNI Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 24.65% |
| 2025-12-31 | 25.22% |
| 2025-09-30 | 24.42% |
| 2025-06-30 | 24.92% |
| 2025-03-31 | 23.97% |
| 2024-12-31 | 24.01% |
| 2024-09-30 | 23.00% |
| 2024-06-30 | 24.93% |
| 2024-03-31 | 23.98% |
| 2023-12-31 | -13.78% |
| 2023-09-30 | 23.64% |
| 2023-06-30 | 24.61% |
| 2023-03-31 | 24.55% |
| 2022-12-31 | 24.51% |
| 2022-09-30 | 24.02% |
| 2022-06-30 | 24.50% |
| 2022-03-31 | 24.26% |
| 2021-12-31 | 23.73% |
| 2021-09-30 | 19.75% |
| 2021-06-30 | 24.54% |
| 2021-03-31 | 24.57% |
| 2020-12-31 | 24.65% |
| 2020-09-30 | 24.64% |
| 2020-06-30 | 23.99% |
| 2020-03-31 | 13.22% |
| 2019-12-31 | 24.81% |
| 2019-09-30 | 24.61% |
| 2019-06-30 | 17.55% |
| 2019-03-31 | 23.76% |
| 2018-12-31 | 23.60% |
| 2018-09-30 | 24.15% |
| 2018-06-30 | 22.94% |
| 2018-03-31 | 25.23% |
| 2017-12-31 | -119.78% |
| 2017-09-30 | 28.77% |
| 2017-06-30 | 24.91% |
| 2017-03-31 | 25.27% |
| 2016-12-31 | 25.31% |
| 2016-09-30 | 24.59% |
| 2016-06-30 | 27.04% |
| 2016-03-31 | 27.93% |
| 2015-12-31 | 24.78% |
| 2015-09-30 | 27.40% |
| 2015-06-30 | 30.40% |
| 2015-03-31 | 26.90% |
| 2014-12-31 | 28.41% |
| 2014-09-30 | 28.32% |
| 2014-06-30 | 27.54% |
| 2014-03-31 | 24.21% |
| 2013-12-31 | 27.35% |
| 2013-09-30 | 29.50% |
| 2013-06-30 | 26.99% |
| 2013-03-31 | 24.28% |
| 2012-12-31 | 26.59% |
| 2012-09-30 | 27.75% |
| 2012-06-30 | 30.51% |
| 2012-03-31 | 22.50% |
| 2011-12-31 | 23.61% |
| 2011-09-30 | 28.60% |
| 2011-06-30 | 32.67% |
| 2011-03-31 | 22.24% |
| 2010-12-31 | 28.04% |
| 2010-09-30 | 27.60% |
| 2010-06-30 | 27.45% |
| 2010-03-31 | 24.07% |
| 2009-12-31 | 8.20% |
| 2009-09-30 | 24.80% |
| 2009-06-30 | 20.04% |
| 2009-03-31 | 20.00% |
| 2008-12-31 | 21.40% |
| 2008-09-30 | 26.98% |
| 2008-06-30 | 27.03% |
| 2008-03-31 | 27.84% |
| 2007-12-31 | -2.89% |
| 2007-09-30 | 29.91% |
| 2007-06-30 | 29.02% |
| 2007-03-31 | 32.13% |
| 2006-12-31 | 28.98% |
| 2006-09-30 | 33.88% |
| 2006-06-30 | -0.62% |
| 2006-03-31 | 34.04% |
| 2005-12-31 | 32.45% |
| 2005-09-30 | 31.92% |
| 2005-06-30 | 33.92% |
| 2005-03-31 | 34.93% |
| 2004-12-31 | 32.80% |
| 2004-09-30 | 31.21% |
| 2004-06-30 | 32.53% |
| 2004-03-31 | 32.39% |
| 2003-12-31 | 43.67% |
| 2003-10-20 | 21.03% |
| 2003-06-30 | 28.80% |
| 2003-03-31 | 30.51% |
| 2002-12-31 | 28.29% |
| 2002-09-30 | 33.33% |
| 2002-06-30 | 33.65% |
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