Canadian National Railway Co (CNI) Tax Rate (2009 - 2026)

Canadian National Railway has reported Tax Rate for 18 years, with the latest figure at 25.65% in Q2 2026.

• On a quarterly basis, Tax Rate fell 73.0% year-over-year to 25.65% in Q2 2026; TTM through Jun 2026 was 25.01%, a 102.0% decrease from a year earlier, with the FY2025 full-year figure at 24.65%, down 66.0% from the prior year.
• Tax Rate was 25.65% for Q2 2026 at Canadian National Railway, down from 24.65% in the prior quarter.
• The five-year high for Tax Rate was 13.78% in Q4 2023, with the low at 25.65% in Q2 2026.
• Average Tax Rate over 5 years is 22.28%, with a median of 24.46% recorded in 2022.
• The sharpest annual moves came in 2023 and 2024: Tax Rate surged 3829 bps in 2023, then plunged 3779 bps in 2024.
• Over 5 years, Tax Rate stood at 24.51% in 2022, then surged by 156 bps to 13.78% in 2023, then plunged by 274 bps to 24.01% in 2024, then fell by 5 bps to 25.22% in 2025, then fell by 2 bps to 25.65% in 2026.
• The last three Tax Rate figures came in at 25.65% (Q2 2026), 24.65% (Q1 2026), and 25.22% (Q4 2025), per Business Quant data.