Canadian National Railway (CNI) EBT Margin (2009 - 2026)
Canadian National Railway (CNI) recorded quarterly EBT Margin of 34.73% in Q1 2026, down 7.1% quarter-over-quarter from 37.39% in Q4 2025, and up 5.0% on a YoY basis from 33.08% in Q1 2025.
Canadian National Railway (CNI) EBT Margin (2009 - 2026) Analysis & Trends
Canadian National Railway's EBT Margin history runs 15 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 36.22% (up 175.0% YoY), while the FY2014 annual figure was 38.11%, up 148.0% from the prior year.
- EBT Margin was 34.73% for Q1 2026 at Canadian National Railway, down from 37.39% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 42.43% in Q3 2022 to a low of 32.69% in Q1 2022.
- Historically, EBT Margin has averaged 36.92% across 5 years, with a median of 36.39% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBT Margin sank 1607 bps in 2022, then soared 481 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 41.41% in 2022, then increased by 1 bps to 41.87% in 2023, then fell by 17 bps to 34.6% in 2024, then rose by 8 bps to 37.39% in 2025, then retreated by 7 bps to 34.73% in 2026.
- The last three EBT Margin figures came in at 34.73% (Q1 2026), 37.39% (Q4 2025), and 36.18% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.43 Bn | 160.39 Bn | 5.85 Bn | 35.85% |
| 2 | Csx | 88.46 Bn | 87.36 Bn | 3.18 Bn | 30.53% |
| 3 | Norfolk Southern | 70.52 Bn | 69.17 Bn | 2.74 Bn | 23.85% |
| 4 | Canadian Pacific Kansas City | 58.76 Bn | 59.17 Bn | 2.36 Bn | 30.26% |
| 5 | Westinghouse Air Brake Technologies | 45.04 Bn | 44.56 Bn | 1.06 Bn | 15.90% |
| 6 | Trinity Industries | 2.77 Bn | 2.84 Bn | 128.90 Mn | 7.13% |
| 7 | Greenbrier Companies | 1.49 Bn | 997.63 Mn | 69.50 Mn | 1.94% |
| 8 | Foster L B | 422.46 Mn | 419.34 Mn | 25.70 Mn | 1.16% |
| 9 | Rail Vision | 175.79 Mn | 155.29 Mn | 504,000.00 | -482.40% |
| 10 | Canadian National Railway | 768,081.41 | 768,081.41 | - | 34.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.73% |
| Dec 31, 2025 | 37.39% |
| Sep 30, 2025 | 36.18% |
| Jun 30, 2025 | 36.54% |
| 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% |