Canadian National Railway (CNI) Tax Provisions (2009 - 2026)
Canadian National Railway (CNI) posted quarterly Tax Provisions of -$375.0 million for Q1 2026, down 2.46% year-over-year from -$384.5 million in Q1 2025, and up 10.93% quarter-over-quarter from -$421.0 million in Q4 2025.
Canadian National Railway (CNI) Tax Provisions (2009 - 2026) Analysis & Trends
Canadian National Railway's Tax Provisions history runs 15 years deep, the most recent figure standing at -$375.0 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 2.46% year-over-year to -$375.0 million; the TTM figure through Mar 2026 stood at -$1.5 billion (down 7.59% YoY), while the FY2022 annual figure was $1.4 billion, up 24.26% from the prior year.
- Tax Provisions for Q1 2026 stood at -$375.0 million, up from -$421.0 million in the prior quarter.
- The five-year high for Tax Provisions was $258.0 million in Q4 2023, with the low at -$461.0 million in Q4 2022.
- The 5-year median for Tax Provisions is -$369.0 million (2024), against an average of -$340.1 million.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 155.97% in 2023, then plunged 240.31% in 2024.
- Canadian National Railway's Tax Provisions stood at -$461.0 million in 2022, then jumped by 155.97% to $258.0 million in 2023, then slumped by 240.31% to -$362.0 million in 2024, then dropped by 16.3% to -$421.0 million in 2025, then increased by 10.93% to -$375.0 million in 2026.
- Business Quant data shows CNI's Tax Provisions at -$375.0 million in Q1 2026, -$421.0 million in Q4 2025, and -$368.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 182.58 Bn | 180.47 Bn | 6.50 Bn | 562.00 Mn |
| 2 | Csx | 95.72 Bn | 94.33 Bn | 3.29 Bn | 318.00 Mn |
| 3 | Canadian Pacific Kansas City | 85.71 Bn | 85.44 Bn | 2.92 Bn | 242.18 Mn |
| 4 | Canadian National Railway | 79.38 Bn | 79.38 Bn | - | -375.00 Mn |
| 5 | Norfolk Southern | 78.72 Bn | 77.65 Bn | - | 225.00 Mn |
| 6 | Westinghouse Air Brake Technologies | 50.38 Bn | 49.71 Bn | 1.16 Bn | 122.00 Mn |
| 7 | Trinity Industries | 2.37 Bn | 2.21 Bn | 109.90 Mn | 31.80 Mn |
| 8 | Greenbrier Companies | 1.43 Bn | 1.15 Bn | 81.10 Mn | 3.00 Mn |
| 9 | Foster L B | 392.93 Mn | 387.15 Mn | 30.87 Mn | 2.34 Mn |
| 10 | FreightCar America | 235.01 Mn | 170.72 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -375.00 Mn |
| Dec 31, 2025 | -421.00 Mn |
| Sep 30, 2025 | -368.00 Mn |
| Mar 31, 2025 | -366.00 Mn |
| Dec 31, 2024 | -362.00 Mn |
| Sep 30, 2024 | -324.00 Mn |
| Jun 30, 2024 | -370.00 Mn |
| Mar 31, 2024 | -348.00 Mn |
| Dec 31, 2023 | 258.00 Mn |
| Sep 30, 2023 | -343.00 Mn |
| Jun 30, 2023 | -381.00 Mn |
| Mar 31, 2023 | -397.00 Mn |
| Dec 31, 2022 | -461.00 Mn |
| Sep 30, 2022 | -460.00 Mn |
| Jun 30, 2022 | -430.00 Mn |
| Mar 31, 2022 | -294.00 Mn |
| Dec 31, 2021 | -373.00 Mn |
| Sep 30, 2021 | -415.00 Mn |
| Jun 30, 2021 | -337.00 Mn |
| Mar 31, 2021 | -318.00 Mn |