Financial Statements — CNI
Balance Sheet
(in billions CAD)| Metric | FY
2025 | FY
2024 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 0.35 | 0.39 | 0.57 | 0.06 |
| Accounts Receivable | 1.12 | 1.16 | 1.05 | 1.21 |
| Total Current Assets | 2.47 | 2.62 | 3.10 | 2.83 |
| Property, Plant & Equipment | 49.15 | 47.96 | 40.07 | -- |
| Goodwill | 0.10 | 0.07 | 0.07 | 0.08 |
| Intangible Assets | 0.12 | 0.13 | 0.14 | 0.15 |
| Total Non-current Assets* | 49.59 | 48.45 | 41.70 | 40.95 |
| Total Assets | 58.56 | 57.07 | 44.80 | 43.78 |
| Accounts Payable | 2.79 | 2.81 | 2.36 | 2.36 |
| Total Current Liabilities | 3.70 | 3.98 | 3.27 | 4.29 |
| Long-term Debt | 21.20 | 20.89 | 12.83 | 13.66 |
| Total Non-current Liabilities* | 33.29 | 32.04 | 21.88 | 21.46 |
| Total Liabilities* | 36.99 | 36.02 | 25.15 | 25.74 |
| Retained Earnings | 18.92 | 18.35 | 19.16 | 17.63 |
| Total Stockholder Equity | 21.57 | 21.05 | 19.65 | 18.04 |
* Derived from reported values
Income Statement
(in billions CAD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 17.30 | 17.05 | 13.82 | 14.92 |
| Total Operating Expenses | -- | -- | -- | 9.32 |
| Operating Income | 6.59 | 6.25 | 4.78 | 5.59 |
| Interest Expense | -- | -- | 0.55 | 0.54 |
| Pretax Income | 6.26 | 5.85 | 4.54 | 5.43 |
| Tax Provision | 1.54 | 1.40 | 0.98 | 1.21 |
| Net Income | 4.72 | 4.45 | 3.56 | 4.22 |
| Basic EPS | 7.58 | 7.02 | 5.01 | 5.85 |
| Diluted EPS | 7.57 | 7.01 | 5.00 | 5.83 |
Cash Flow Statement
(in billions CAD)| Metric | FY
2025 | FY
2024 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | 7.05 | 6.70 | 6.17 | 5.92 |
| Capital Expenditures | 3.66 | 3.55 | 2.86 | 3.87 |
| Free Cash Flow* | 3.39 | 3.15 | 3.30 | 2.06 |
| Investing Cash Flow | (3.71) | (3.61) | (2.95) | (4.19) |
| Financing Cash Flow | (3.37) | (3.62) | (2.71) | (1.90) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | FY
2025 | FY
2024 | FY
2020 | FY
2019 |
|---|
| Dividends Per Share | 3.55 | 3.38 | 2.30 | 2.15 |
