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Canadian National Railway Company

CNR.TOβ€’Rank #208β€’Industrialsβ€’Railroads

Market Cap

$77.6B

Global Rank

#208

All-Time High

$104.6B

2026-12-31

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 43% of the 367 companies we track (globally).
  • Equivalent to 3.3% of Canada's GDP (2025 data).
  • Just above: #207 Airbnb, Inc. ($77.6B)
  • Just below: #209 Motorola Solutions, Inc. ($77.3B)
  • Best year: 2001 (+75%). Worst year: 2002 (-14%).

Canadian National Railway Company Financial Breakdown (FY 2025)

Source: Yahoo Finance β€” CNR.TO annual filings (2025) (converted from CAD at 1.36) β†’

$12.7B revenue Β· $4.8B operating income Β· $3.5B net income

  • ●Operating margin: 38.1% on $12.7B in revenue.
  • ●Net income margin: 27.3% β€” $3.5B in profit.
  • ●Free cash flow: $2.5B (19.6% of revenue).

Cost / Operating Expenses

Total operating expenses $7.9B

Total

$7.3B

Cost of revenueΒ· Product / service delivery costs (COGS)$7.3B100.0%

Capital Expenditures

$2.7B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$2.5B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About Canadian National Railway Company

The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. It is one of Canada's two main freight rail companies, along with Canadian Pacific Kansas City.

Canadian National Railway Company Market Cap History (2026–2026)

Canadian National Railway Company vs Sector Peers by Market Cap

Illinois Tool Works Inc.ITW
$83.5B
Canadian Pacific Kansas City LimitedCP.TO
$82.1B
Cintas CorporationCTAS
$82.1B
Northrop Grumman CorporationNOC
$81.8B
Canadian National Railway CompanyCNR.TO
$77.6B
FedEx CorporationFDX
$76.3B
Honeywell International Inc.HON
$72.9B
PACCAR IncPCAR
$69.8B

Compare Canadian National Railway Company

Ranking History

YearMarket CapRankYoY Change
2026$77.6B#208(↑18)+31.5%
2025$59.0B#226(↓17)-4.7%
2024$61.9B#209(↓52)-10.6%
2023$69.3B#157(↓20)+5.6%
2022$65.6B#137(↑21)+5.4%
2021$62.2B#158(↓1)+12.9%
2020$55.1B#157(↑2)+21.4%
2019$45.4B#159(↓21)+18.2%
2018$38.4B#138(↑10)-0.8%
2017$38.7B#148(↓10)+16.6%
2016$33.2B#138(↑7)+19.0%
2015$27.9B#145(↓5)-1.8%
2014$28.4B#140(↑16)+34.1%
2013$21.2B#156(↑2)+36.3%
2012$15.5B#158(↓4)+14.7%
2011$13.5B#154(↑28)+22.9%
2010$11.0B#182(↑7)+17.8%
2009$9.4B#189(↓13)+30.9%
2008$7.2B#176(↑39)-2.3%
2007$7.3B#215(↓16)-5.5%
2006$7.7B#199(↓14)+8.9%
2005$7.1B#185(↓3)+29.1%
2004$5.5B#182(↑6)+35.9%
2003$4.1B#188(↓9)+27.9%
2002$3.2B#179(↑4)-13.9%
2001$3.7B#183(↑13)+75.2%
2000$2.1B#196(↓36)+17.6%
1999$1.8B#160(↓12)-2.9%
1998$1.8B#148(↓3)+20.1%
1997$1.5B#145(↓1)+31.2%
1996$1.2B#144

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FAQ

What is Canadian National Railway Company's market cap?

Canadian National Railway Company (CNR.TO) has a market capitalization of $77.6B, making it the #208 largest company in the world by market cap.

What was Canadian National Railway Company's highest market cap?

Canadian National Railway Company's all-time high market cap was $104.6B, reached in 2026-12-31. Its highest rank was #208 in 2026.

What sector is Canadian National Railway Company in?

Canadian National Railway Company is in the Industrials sector, specifically the Railroads industry. It is based in Canada.

How has Canadian National Railway Company's market cap changed over time?

Canadian National Railway Company has been tracked since 2026. Its market cap has grown by 0% from $77.6B in 2026 to $77.6B today.