Canadian National Railway Co (CNI) Net Margin (2009 - 2026)
Canadian National Railway (CNI) posted Net Margin of 26.53% for Q2 2026, up 5.42% on a QoQ basis from 25.17% in Q1 2026, and down 90.0% year-over-year from 265.31% in Q2 2025.
Analysis
Canadian National Railway Co (CNI) Net Margin (2009 - 2026) Analysis & Trends
Canadian National Railway has reported Net Margin for 18 years, with the latest figure at 26.53% in Q2 2026.
- On a quarterly basis, Net Margin fell 90.0% year-over-year to 26.53% in Q2 2026; TTM through Jun 2026 was 35.63%, a 100.0% increase from a year earlier, with the FY2025 full-year figure at 45.12%, up 256.0% from the prior year.
- Net Margin was 26.53% for Q2 2026 at Canadian National Railway, up from 25.17% in the prior quarter.
- The five-year high for Net Margin was 52.63% in Q3 2022, with the low at 25.17% in Q1 2026.
- Average Net Margin over 5 years is 41.0%, with a median of 42.87% recorded in 2024.
- The largest YoY upside for Net Margin was 2638 bps in 2022 against a maximum downside of 1744 bps in 2022.
- Over 5 years, Net Margin stood at 51.56% in 2022, then decreased by 30 bps to 36.1% in 2023, then gained by 19 bps to 42.91% in 2024, then gained by 9 bps to 46.82% in 2025, then sank by 43 bps to 26.53% in 2026.
- The last three Net Margin figures came in at 26.53% (Q2 2026), 25.17% (Q1 2026), and 46.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.53% |
| Mar 31, 2026 | 25.17% |
| Dec 31, 2025 | 46.82% |
| Sep 30, 2025 | 45.02% |
| Jun 30, 2025 | 27.43% |
| Mar 31, 2025 | 26.37% |
| Dec 31, 2024 | 42.91% |
| Sep 30, 2024 | 42.17% |
| Jun 30, 2024 | 42.83% |
| Mar 31, 2024 | 42.34% |
| Dec 31, 2023 | 36.10% |
| Sep 30, 2023 | 45.00% |
| Jun 30, 2023 | 47.55% |
| Mar 31, 2023 | 46.70% |
| Dec 31, 2022 | 51.56% |
| Sep 30, 2022 | 52.63% |
| Jun 30, 2022 | 50.30% |
| Mar 31, 2022 | 40.61% |
| Dec 31, 2021 | 51.88% |
| Sep 30, 2021 | 70.06% |