Canadian National Railway (CNI) Total Debt (2009 - 2026)
Canadian National Railway's Total Debt came in at $16.07 billion for Q3 2026, up 5.9% from $15.18 billion a year earlier and up 2.6% from the prior quarter.
Canadian National Railway (CNI) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Canadian National Railway's Total Debt was $15.48 billion, up 6.3% from FY2024.
- Total Debt has increased in each of the last four years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- Going back by year, Total Debt was $14.56 billion in FY2024 (+4.3%), $13.96 billion in FY2023 (+22.6%), $11.39 billion in FY2022 (+16.2%) and $9.8 billion in FY2021 (-3.2%).
- The Q3 2026 figure represents the highest quarterly Total Debt in data going back to Q2 2009.
- Year-over-year, Total Debt has increased for four consecutive quarters, with growth averaging 3.7% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q4 2023 (growth of 22.6%), and the weakest in Q4 2021 (a decline of 3.2%).
- Business Quant data shows CNI's Total Debt at $15.66 billion (Q2 2026), $15.94 billion (Q1 2026) and $15.48 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.07 Bn |
| Jun 30, 2026 | 15.66 Bn |
| Mar 31, 2026 | 15.94 Bn |
| Dec 31, 2025 | 15.48 Bn |
| Sep 30, 2025 | 15.18 Bn |
| Jun 30, 2025 | 14.93 Bn |
| Mar 31, 2025 | 14.53 Bn |
| Dec 31, 2024 | 14.56 Bn |
| Sep 30, 2024 | 15.32 Bn |
| Jun 30, 2024 | 14.97 Bn |
| Mar 31, 2024 | 14.60 Bn |
| Dec 31, 2023 | 13.96 Bn |
| Sep 30, 2023 | 13.63 Bn |
| Jun 30, 2023 | 12.78 Bn |
| Mar 31, 2023 | 12.31 Bn |
| Dec 31, 2022 | 11.39 Bn |
| Sep 30, 2022 | 11.26 Bn |
| Jun 30, 2022 | 11.16 Bn |
| Mar 31, 2022 | 10.72 Bn |
| Dec 31, 2021 | 9.80 Bn |
Canadian National Railway Total Debt 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=total-debt&ticker=CNI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=CNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();