Canadian National Railway Co (CNI) Return on Capital Employed [ROCE] (2009 - 2026)
Canadian National Railway's Return on Capital Employed [ROCE] came in at 16.25% for the quarter ended Jun 30, 2026, down 0.59 percentage points from 16.84% a year earlier and down 0.33 percentage points from the prior quarter.
Canadian National Railway Co (CNI) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Canadian National Railway's Return on Capital Employed [ROCE] was 12.04%, down 0.14 percentage points from the prior year.
- Return on Capital Employed [ROCE] has declined in each of the last three years, with a five-year change of -12.64 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Return on Capital Employed [ROCE] was 12.18% in the year ended Dec 31, 2024 (-1.68 pp), 13.86% in the year ended Dec 31, 2023 (-0.79 pp) and 14.66% in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Return on Capital Employed [ROCE] since the quarter ended Mar 31, 2022.
- Year-over-year, Return on Capital Employed [ROCE] increased in 1 of the last eight quarters, with an average year-over-year change of -0.98 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in the quarter ended Mar 31, 2023 (a gain of 5.70 percentage points), and the weakest in the quarter ended Sep 30, 2021 (a drop of 12.72 percentage points).
- Business Quant data shows CNI's Return on Capital Employed [ROCE] at 16.58% (quarter ended Mar 31, 2026), 16.76% (quarter ended Dec 31, 2025) and 16.88% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.25% |
| Mar 31, 2026 | 17.12% |
| Dec 31, 2025 | 16.76% |
| Sep 30, 2025 | 16.88% |
| Jun 30, 2025 | 16.84% |
| Mar 31, 2025 | 16.86% |
| Dec 31, 2024 | 16.64% |
| Sep 30, 2024 | 17.84% |
| Jun 30, 2024 | 18.57% |
| Mar 31, 2024 | 19.21% |
| Dec 31, 2023 | 18.81% |
| Sep 30, 2023 | 19.41% |
| Jun 30, 2023 | 20.56% |
| Mar 31, 2023 | 22.37% |
| Dec 31, 2022 | 19.29% |
| Sep 30, 2022 | 17.61% |
| Jun 30, 2022 | 17.34% |
| Mar 31, 2022 | 15.70% |
| Dec 31, 2021 | 15.71% |
| Sep 30, 2021 | 15.62% |
Canadian National Railway Co Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CNI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();