Canadian National Railway (CNI) Interest Coverage Ratio (2009 - 2026)
Canadian National Railway (CNI) recorded quarterly Interest Coverage Ratio of 6.62 in Q1 2026, up 10.62% quarter-over-quarter from 7.41 in Q4 2025, and up 4.2% on a YoY basis from 6.35 in Q1 2025.
Canadian National Railway (CNI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Canadian National Railway's Interest Coverage Ratio history runs 15 years deep, the most recent figure standing at 6.62 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 4.2% year-over-year to 6.62; the TTM figure through Mar 2026 stood at 7.14 (down 3.41% YoY), while the FY2010 annual figure was 8.4, down 43.84% from the prior year.
- Interest Coverage Ratio was 6.62 for Q1 2026 at Canadian National Railway, up from 7.41 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.59 in Q3 2024 to a low of 13.82 in Q2 2022.
- Historically, Interest Coverage Ratio has averaged 8.82 across 5 years, with a median of 7.48 in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 101.29% in 2022, then surged 40.16% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 12.5 in 2022, then advanced by 26.9% to 9.14 in 2023, then gained by 22.86% to 7.05 in 2024, then retreated by 5.08% to 7.41 in 2025, then climbed by 10.62% to 6.62 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.62 (Q1 2026), 7.41 (Q4 2025), and 7.07 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.43 Bn | 160.39 Bn | 5.85 Bn | 7.68 |
| 2 | Csx | 88.46 Bn | 87.36 Bn | 3.18 Bn | 5.88 |
| 3 | Norfolk Southern | 70.52 Bn | 69.17 Bn | 2.74 Bn | 4.45 |
| 4 | Canadian Pacific Kansas City | 58.76 Bn | 59.17 Bn | 2.36 Bn | - |
| 5 | Westinghouse Air Brake Technologies | 45.04 Bn | 44.56 Bn | 1.06 Bn | 7.28 |
| 6 | Trinity Industries | 2.77 Bn | 2.84 Bn | 128.90 Mn | - |
| 7 | Greenbrier Companies | 1.49 Bn | 997.63 Mn | 69.50 Mn | 1.83 |
| 8 | Foster L B | 422.46 Mn | 419.34 Mn | 25.70 Mn | - |
| 9 | Rail Vision | 175.79 Mn | 155.29 Mn | 504,000.00 | - |
| 10 | Canadian National Railway | 768,081.41 | 768,081.41 | - | -6.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.62 |
| Dec 31, 2025 | -7.41 |
| Sep 30, 2025 | -7.07 |
| Jun 30, 2025 | -7.48 |
| Mar 31, 2025 | -6.91 |
| Dec 31, 2024 | -7.05 |
| Sep 30, 2024 | -6.59 |
| Jun 30, 2024 | -7.08 |
| Mar 31, 2024 | -7.36 |
| Dec 31, 2023 | -9.14 |
| Sep 30, 2023 | -8.20 |
| Jun 30, 2023 | -9.25 |
| Mar 31, 2023 | -10.07 |
| Dec 31, 2022 | -12.50 |
| Sep 30, 2022 | -13.70 |
| Jun 30, 2022 | -13.82 |
| Mar 31, 2022 | -9.74 |
| Dec 31, 2021 | -12.53 |
| Sep 30, 2021 | -6.81 |
| Jun 30, 2021 | -8.75 |