Canadian National Railway Co (CNI) Debt Ratio (2009 - 2026)
Canadian National Railway's Debt Ratio was 0.37 in the quarter ended Jun 30, 2026, up 2.9% from 0.36 a year earlier but down 0.8% from the prior quarter.
Canadian National Railway Co (CNI) Debt Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Debt Ratio at Canadian National Railway came in at 0.36, down 1.1% from the prior year.
- In earlier years, Debt Ratio was 0.37 in the year ended Dec 31, 2024 (+4.4%), 0.35 in the year ended Dec 31, 2023 (+15.2%), 0.30 in the year ended Dec 31, 2022 (+18.4%) and 0.26 in the year ended Dec 31, 2021 (-13.7%).
- Quarterly Debt Ratio has moved between 0.26 (the quarter ended Dec 31, 2021) and 0.38 (the quarter ended Sep 30, 2024) over five years.
- Compared with a year earlier, Debt Ratio was higher in four of the last eight quarters, with growth averaging 0.8%.
- The best year-over-year quarter for Debt Ratio over five years was the quarter ended Dec 31, 2022 (growth of 18.4%); the worst was the quarter ended Dec 31, 2021 (a decline of 13.7%).
- Per Business Quant data, CNI's Debt Ratio in the three quarters before the quarter ended Jun 30, 2026 was 0.37 (quarter ended Mar 31, 2026), 0.36 (quarter ended Dec 31, 2025) and 0.37 (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.07 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.28 |
Canadian National Railway Co Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CNI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();