Canadian National Railway (CNI) EBT Margin (2009 - 2026)
Canadian National Railway (CNI) posted quarterly EBT Margin of 34.73% for Q1 2026, up 5.0% year-over-year from 33.08% in Q1 2025, and down 7.1% quarter-over-quarter from 37.39% in Q4 2025.
Canadian National Railway (CNI) EBT Margin (2009 - 2026) Analysis & Trends
Canadian National Railway's EBT Margin history runs 14 years deep, the most recent figure standing at 34.73% for Q1 2026.
- In Q1 2026, EBT Margin rose 5.0% year-over-year to 34.73%; the TTM figure through Mar 2026 stood at 35.75% (up 128.0% YoY), while the FY2010 annual figure was 1.83%, down 3252.0% from the prior year.
- EBT Margin for Q1 2026 stood at 34.73%, down from 37.39% in the prior quarter.
- The five-year high for EBT Margin was 42.43% in Q3 2022, with the low at 32.69% in Q1 2022.
- The 5-year median for EBT Margin is 36.29% (2023), against an average of 36.95%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 1607 bps in 2022, then surged 481 bps in 2023.
- Canadian National Railway's EBT Margin stood at 41.41% in 2022, then grew by 1 bps to 41.87% in 2023, then declined by 17 bps to 34.6% in 2024, then increased by 8 bps to 37.39% in 2025, then fell by 7 bps to 34.73% in 2026.
- Business Quant data shows CNI's EBT Margin at 34.73% in Q1 2026, 37.39% in Q4 2025, and 36.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 180.52 Bn | 178.40 Bn | 6.50 Bn | 37.22% |
| 2 | Csx | 94.59 Bn | 93.20 Bn | 3.29 Bn | 33.55% |
| 3 | Canadian Pacific Kansas City | 84.21 Bn | 83.94 Bn | 2.92 Bn | 32.64% |
| 4 | Canadian National Railway | 78.52 Bn | 78.52 Bn | - | 34.73% |
| 5 | Norfolk Southern | 77.93 Bn | 76.86 Bn | - | 27.68% |
| 6 | Westinghouse Air Brake Technologies | 49.47 Bn | 48.80 Bn | 1.16 Bn | 16.29% |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 27.62% |
| 8 | Greenbrier Companies | 1.42 Bn | 1.15 Bn | 81.10 Mn | 2.67% |
| 9 | Foster L B | 390.24 Mn | 384.46 Mn | 30.87 Mn | 3.93% |
| 10 | FreightCar America | 228.00 Mn | 163.70 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.73% |
| Dec 31, 2025 | 37.39% |
| Sep 30, 2025 | 36.18% |
| Mar 31, 2025 | 34.68% |
| Dec 31, 2024 | 34.60% |
| Sep 30, 2024 | 34.28% |
| Jun 30, 2024 | 34.28% |
| Mar 31, 2024 | 34.15% |
| Dec 31, 2023 | 41.87% |
| Sep 30, 2023 | 36.39% |
| Jun 30, 2023 | 38.16% |
| Mar 31, 2023 | 37.49% |
| Dec 31, 2022 | 41.41% |
| Sep 30, 2022 | 42.43% |
| Jun 30, 2022 | 40.40% |
| Mar 31, 2022 | 32.69% |
| Dec 31, 2021 | 41.94% |
| Sep 30, 2021 | 58.51% |
| Jun 30, 2021 | 38.16% |
| Jun 30, 2016 | 41.38% |