Canadian National Railway Co (CNI) EV to EBITDA (2020 - 2026)
Canadian National Railway's EV to EBITDA came in at 8.63 for the quarter ended Jun 30, 2026, up 8.4% from 7.96 a year earlier and up 14.6% from the prior quarter.
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Canadian National Railway Co (CNI) EV to EBITDA (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Canadian National Railway reported EV to EBITDA of 8.53, up 8.2% year-over-year; for the year ended Dec 31, 2025, it came in at 9.91, down 7.3% from the prior year.
- Going back by year, EV to EBITDA was 10.69 in the year ended Dec 31, 2024 (-16.9%), 12.86 in the year ended Dec 31, 2023 (+7.4%), 11.97 in the year ended Dec 31, 2022 (-18.0%) and 14.60 in the year ended Dec 31, 2021 (-10.3%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly EV to EBITDA since the quarter ended Sep 30, 2024.
- Year-over-year, EV to EBITDA increased in two of the last eight quarters, with an average decline of 9.6%.
- The fastest year-over-year change in EV to EBITDA over five years came in the quarter ended Mar 31, 2024 (growth of 16.5%), and the weakest in the quarter ended Mar 31, 2023 (a decline of 32.5%).
- Business Quant data shows CNI's EV to EBITDA at 7.53 (quarter ended Mar 31, 2026), 7.20 (quarter ended Dec 31, 2025) and 7.11 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.63 |
| Mar 31, 2026 | 7.53 |
| Dec 31, 2025 | 7.20 |
| Sep 30, 2025 | 7.11 |
| Jun 30, 2025 | 7.96 |
| Mar 31, 2025 | 7.55 |
| Dec 31, 2024 | 7.94 |
| Sep 30, 2024 | 9.20 |
| Jun 30, 2024 | 9.29 |
| Mar 31, 2024 | 10.32 |
| Dec 31, 2023 | 9.71 |
| Sep 30, 2023 | 8.65 |
| Jun 30, 2023 | 9.24 |
| Mar 31, 2023 | 8.86 |
| Dec 31, 2022 | 9.43 |
| Sep 30, 2022 | 9.35 |
| Jun 30, 2022 | 10.45 |
| Mar 31, 2022 | 13.35 |
| Dec 31, 2021 | 12.04 |
| Sep 30, 2021 | 11.58 |
API Access
Canadian National Railway Co EV to EBITDA 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=ev-to-ebitda&ticker=CNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=CNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();