Companies: 10,795·Total market cap: $144.5T
Canadian National Railway Company

Canadian National Railway Company

CNR.TOTSXIndustrials● Active
$168.70
+$0.76(+0.45%)
Market Cap$102.3B
P/E Ratio
52W High$169.9
52W Low$126.11

Canadian National Railway Company (CNR.TO) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

cnr.to · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Canadian National Railway Company (CNR.TO) measures how much investors pay for each dollar of the company's trailing earnings. CNR.TO's current PE ratio of 21.91x is calculated by dividing its stock price of $168.70 by its TTM earnings per share of $7.70. +7.2% elevated vs 5Y avg 20.4x

21.91x
P/E Ratio (TTM)+7.2%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
19.35x
FY2027 est. EPS $8.72
Based on 20 analysts
EPS (TTM)
$7.70
TTM · diluted EPS
PEG Ratio
3.40
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Canadian National Railway Company SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 20.4x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
17.6x
20-yr mean
Median
17.7x
20-yr midpoint
Minimum
10.8x
Lowest year
Maximum
28.1x
Highest year
21.9x ← Now
10.8x
Min
Q1 · 25%17.7x
Median
Q3 · 75%28.1x
Max
Historically Elevated

At 21.91x, CNR.TO's current P/E is higher than in 90% of its annual fiscal year readings over the past 20 years — historically elevated.

90th percentileHigher than 18 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Railroads · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Canadian National Railway Company
Canadian National Railway CompanyYou
CNR.TO
$102.3B21.91x-13.7%$7.70
Canadian Pacific Kansas City Ltd.
Canadian Pacific Kansas City Ltd.
CP.TO
$111.6B22.36x-11.9%$4.52
Element Fleet Management Corp.
Element Fleet Management Corp.
EFN.TO
$10.4B50.96x+100.7%$0.71
Finning International Inc.
Finning International Inc.
FTT.TO
$13.4B19.57x-22.9%$3.80
GDI Integrated Facility Services Inc.
GDI Integrated Facility Services Inc.
GDI.TO
$861M28.79x+13.4%$1.36
Kelso Technologies Inc.
Kelso Technologies Inc.
KLS.TO
$8M17.65x-30.5%$0.01
South Bow Corporation
South Bow Corporation
SOBO.TO
$10.5B12.99x-48.8%$2.12
Industry Average
6 peers with valid PE
25.39xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
17.92x$7.58-13.8%
2024-12-31
FY2024
20.79x$7.02+6.8%
2023-12-31
FY2023
19.47x$8.55-9.7%
2022-12-31
FY2022
21.57x$7.46-4.0%
2021-12-31
FY2021
22.47x$6.91-20.0%
2020-12-31
FY2020
28.08x$4.98+39.9%
2019-12-31
FY2019
20.06x$5.85+16.9%
2018-12-31
FY2018
17.16x$5.89+20.5%
2017-12-31
FY2017
14.24x$7.28-26.1%
2016-12-31
FY2016
19.26x$4.69+10.0%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Canadian National Railway Company (CNR.TO) measures how much investors pay for each dollar of the company's trailing earnings. CNR.TO's current PE ratio of 21.91x is calculated by dividing its stock price of $168.70 by its TTM earnings per share of $7.70.

PE Ratio = Stock Price ÷ EPS (TTM)
= $168.70 ÷ $7.70 = 21.91x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

CNR.TO pe ratio · 6 questions

CNR.TO's current PE ratio is 21.91x as of 2026-06-08, based on a stock price of $168.70 and TTM EPS of $7.70. Data sourced from Financial Modeling Prep via CNR.TO's SEC 10-K and 10-Q filings.

CNR.TO PE ratioWhat is CNR.TO PE ratioCurrent PE ratio of CNR.TOCNR.TO PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Canadian National Railway Company SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08