Canadian National Railway Co (CNI) FCF Margin (2009 - 2026)

Canadian National Railway has reported FCF Margin for 18 years, with the latest figure at 48.52% in Q2 2026.

• On a quarterly basis, FCF Margin fell 1117.0% year-over-year to 48.52% in Q2 2026; TTM through Jun 2026 was 53.52%, a 65.0% decrease from a year earlier, with the FY2025 full-year figure at 61.88%, up 176.0% from the prior year.
• FCF Margin was 48.52% for Q2 2026 at Canadian National Railway, up from 38.91% in the prior quarter.
• The five-year high for FCF Margin was 72.46% in Q3 2025, with the low at 17.16% in Q3 2023.
• Average FCF Margin over 5 years is 50.5%, with a median of 53.38% recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 7219 bps in 2022, then plunged 4613 bps in 2023.
• Over 5 years, FCF Margin stood at 51.77% in 2022, then rose by 6 bps to 54.99% in 2023, then decreased by 12 bps to 48.28% in 2024, then increased by 15 bps to 55.52% in 2025, then dropped by 13 bps to 48.52% in 2026.
• The last three FCF Margin figures came in at 48.52% (Q2 2026), 38.91% (Q1 2026), and 55.52% (Q4 2025), per Business Quant data.