Canadian National Railway (CNI) Operating Income (2009 - 2026)

Canadian National Railway (CNI) recorded quarterly Operating Income of $1.5 billion in Q1 2026, down 10.62% quarter-over-quarter from $1.7 billion in Q4 2025, and down 3.79% on a YoY basis from $1.6 billion in Q1 2025.

Canadian National Railway (CNI) Operating Income (2009 - 2026) Analysis & Trends

Canadian National Railway's Operating Income history runs 15 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Operating Income fell 3.79% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $6.5 billion (up 3.41% YoY), while the FY2014 annual figure was $4.6 billion, up 19.39% from the prior year.
  • Operating Income was $1.5 billion for Q1 2026 at Canadian National Railway, down from $1.7 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.9 billion in Q3 2022 to a low of $1.2 billion in Q1 2022.
  • Historically, Operating Income has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2025.
  • The sharpest annual moves came in 2022 and 2023: Operating Income jumped 44.07% in 2022, then dropped 21.48% in 2023.
  • A 5-year view of Operating Income shows it stood at $1.9 billion in 2022, then decreased by 4.92% to $1.8 billion in 2023, then slipped by 10.45% to $1.6 billion in 2024, then climbed by 6.45% to $1.7 billion in 2025, then slipped by 10.62% to $1.5 billion in 2026.
  • The last three Operating Income figures came in at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Union Pacific 161.43 Bn 160.39 Bn 5.85 Bn 2.46 Bn
2 Csx 88.46 Bn 87.36 Bn 3.18 Bn 1.25 Bn
3 Norfolk Southern 70.52 Bn 69.17 Bn 2.74 Bn 877.00 Mn
4 Canadian Pacific Kansas City 58.76 Bn 59.17 Bn 2.36 Bn 917.34 Mn
5 Westinghouse Air Brake Technologies 45.04 Bn 44.56 Bn 1.06 Bn 517.00 Mn
6 Trinity Industries 2.77 Bn 2.84 Bn 128.90 Mn 101.10 Mn
7 Greenbrier Companies 1.49 Bn 997.63 Mn 69.50 Mn 25.10 Mn
8 Foster L B 422.46 Mn 419.34 Mn 25.70 Mn 2.05 Mn
9 Rail Vision 175.79 Mn 155.29 Mn 504,000.00 -6.03 Mn
10 Canadian National Railway 768,081.41 768,081.41 - 1.55 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.55 Bn
Dec 31, 2025 1.73 Bn
Sep 30, 2025 1.61 Bn
Jun 30, 2025 1.64 Bn
Mar 31, 2025 1.61 Bn
Dec 31, 2024 1.63 Bn
Sep 30, 2024 1.52 Bn
Jun 30, 2024 1.56 Bn
Mar 31, 2024 1.55 Bn
Dec 31, 2023 1.82 Bn
Sep 30, 2023 1.52 Bn
Jun 30, 2023 1.60 Bn
Mar 31, 2023 1.66 Bn
Dec 31, 2022 1.91 Bn
Sep 30, 2022 1.93 Bn
Jun 30, 2022 1.77 Bn
Mar 31, 2022 1.23 Bn
Dec 31, 2021 1.57 Bn
Sep 30, 2021 1.34 Bn
Jun 30, 2021 1.38 Bn