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
DateValue
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