Canadian National Railway (CNI) Net Margin (2009 - 2026)

Canadian National Railway's Net Margin history runs 15 years deep, the most recent figure standing at 25.17% for Q1 2026.

• In Q1 2026, Net Margin fell 120.0% year-over-year to 25.17%; the TTM figure through Mar 2026 stood at 40.61% (up 213.0% YoY), while the FY2014 annual figure was 25.51%, up 109.0% from the prior year.
• Net Margin was 25.17% for Q1 2026 at Canadian National Railway, down from 46.82% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 52.63% in Q3 2022 to a low of 25.17% in Q1 2026.
• Historically, Net Margin has averaged 42.92% across 5 years, with a median of 45.0% in 2023.
• The sharpest annual moves came in 2022 and 2024: Net Margin slumped 1744 bps in 2022, then jumped 681 bps in 2024.
• A 5-year view of Net Margin shows it stood at 51.56% in 2022, then fell by 30 bps to 36.1% in 2023, then climbed by 19 bps to 42.91% in 2024, then climbed by 9 bps to 46.82% in 2025, then slumped by 46 bps to 25.17% in 2026.
• The last three Net Margin figures came in at 25.17% (Q1 2026), 46.82% (Q4 2025), and 45.02% (Q3 2025), per Business Quant data.