Canadian National Railway (CNI) Tax Provisions (2009 - 2026)
Canadian National Railway (CNI) recorded quarterly Tax Provisions of -$375.0 million in Q1 2026, up 10.93% quarter-over-quarter from -$421.0 million in Q4 2025, and down 2.46% on a YoY basis from -$384.5 million in Q1 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 -$1.6 billion (down 9.21% YoY), while the FY2022 annual figure was $1.4 billion, changed N/A from the prior year.
- Tax Provisions was -$375.0 million for Q1 2026 at Canadian National Railway, up from -$421.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $258.0 million in Q4 2023 to a low of -$461.0 million in Q4 2022.
- Historically, Tax Provisions has averaged -$343.0 million across 5 years, with a median of -$370.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions surged 155.97% in 2023, then sank 240.31% in 2024.
- A 5-year view of Tax Provisions shows it stood at -$461.0 million in 2022, then surged by 155.97% to $258.0 million in 2023, then tumbled by 240.31% to -$362.0 million in 2024, then declined by 16.3% to -$421.0 million in 2025, then rose by 10.93% to -$375.0 million in 2026.
- The last three Tax Provisions figures came in at -$375.0 million (Q1 2026), -$421.0 million (Q4 2025), and -$368.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.43 Bn | 160.39 Bn | 5.85 Bn | 528.00 Mn |
| 2 | Csx | 88.46 Bn | 87.36 Bn | 3.18 Bn | 256.00 Mn |
| 3 | Norfolk Southern | 70.52 Bn | 69.17 Bn | 2.74 Bn | 168.00 Mn |
| 4 | Canadian Pacific Kansas City | 58.76 Bn | 59.17 Bn | 2.36 Bn | 200.53 Mn |
| 5 | Westinghouse Air Brake Technologies | 45.04 Bn | 44.56 Bn | 1.06 Bn | 106.00 Mn |
| 6 | Trinity Industries | 2.77 Bn | 2.84 Bn | 128.90 Mn | 8.50 Mn |
| 7 | Greenbrier Companies | 1.49 Bn | 997.63 Mn | 69.50 Mn | 1.70 Mn |
| 8 | Foster L B | 422.46 Mn | 419.34 Mn | 25.70 Mn | -81,000.00 |
| 9 | Rail Vision | 175.79 Mn | 155.29 Mn | 504,000.00 | - |
| 10 | Canadian National Railway | 768,081.41 | 768,081.41 | - | -375.00 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 |
| Jun 30, 2025 | -389.00 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 |