Canadian National Railway Past Earnings Performance
Past criteria checks 5/6
Canadian National Railway has been growing earnings at an average annual rate of 8%, while the Transportation industry saw earnings growing at 19% annually. Revenues have been growing at an average rate of 4.6% per year. Canadian National Railway's return on equity is 27.9%, and it has net margins of 31.7%.
Key information
8.0%
Earnings growth rate
10.5%
EPS growth rate
| Transportation Industry Growth | 8.8% |
| Revenue growth rate | 4.6% |
| Return on equity | 27.9% |
| Net Margin | 31.7% |
| Next Earnings Update | 30 Jan 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Canadian National Railway makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 17,159 | 5,432 | 0 | 0 |
| 30 Jun 24 | 17,036 | 5,455 | 0 | 0 |
| 31 Mar 24 | 16,764 | 5,508 | 0 | 0 |
| 31 Dec 23 | 16,828 | 5,625 | 0 | 0 |
| 30 Sep 23 | 16,899 | 4,915 | 0 | 0 |
| 30 Jun 23 | 17,425 | 5,262 | 0 | 0 |
| 31 Mar 23 | 17,712 | 5,420 | 0 | 0 |
| 31 Dec 22 | 17,107 | 5,118 | 0 | 0 |
| 30 Sep 22 | 16,318 | 4,899 | 0 | 0 |
| 30 Jun 22 | 15,396 | 5,130 | 0 | 0 |
| 31 Mar 22 | 14,650 | 4,841 | 0 | 0 |
| 31 Dec 21 | 14,477 | 4,899 | 0 | 0 |
| 30 Sep 21 | 14,380 | 4,719 | 0 | 0 |
| 30 Jun 21 | 14,198 | 4,018 | 0 | 0 |
| 31 Mar 21 | 13,809 | 3,527 | 0 | 0 |
| 31 Dec 20 | 13,819 | 3,545 | 0 | 0 |
| 30 Sep 20 | 13,747 | 3,414 | 0 | 0 |
| 30 Jun 20 | 14,168 | 3,624 | 0 | 0 |
| 31 Mar 20 | 14,918 | 4,441 | 0 | 0 |
| 31 Dec 19 | 14,917 | 4,216 | 0 | 0 |
| 30 Sep 19 | 15,141 | 4,486 | 0 | 0 |
| 30 Jun 19 | 14,999 | 4,425 | 0 | 0 |
| 31 Mar 19 | 14,671 | 4,373 | 0 | 0 |
| 31 Dec 18 | 14,321 | 4,328 | 0 | 0 |
| 30 Sep 18 | 13,798 | 5,796 | 0 | 0 |
| 30 Jun 18 | 13,331 | 5,620 | 0 | 0 |
| 31 Mar 18 | 13,029 | 5,341 | 79 | 0 |
| 31 Dec 17 | 13,041 | 5,484 | 0 | 0 |
| 30 Sep 17 | 12,973 | 3,891 | 0 | 0 |
| 30 Jun 17 | 12,766 | 3,905 | 0 | 0 |
| 31 Mar 17 | 12,279 | 3,732 | -79 | 0 |
| 31 Dec 16 | 12,037 | 3,640 | 0 | 0 |
| 30 Sep 16 | 11,986 | 3,563 | 0 | 0 |
| 30 Jun 16 | 12,194 | 3,598 | 0 | 0 |
| 31 Mar 16 | 12,477 | 3,626 | 0 | 0 |
| 31 Dec 15 | 12,611 | 3,538 | 0 | 0 |
| 30 Sep 15 | 12,652 | 3,441 | 0 | 0 |
| 30 Jun 15 | 12,548 | 3,287 | 0 | 0 |
| 31 Mar 15 | 12,539 | 3,248 | 0 | 0 |
| 31 Dec 14 | 12,134 | 3,167 | 0 | 0 |
| 30 Sep 14 | 11,672 | 2,958 | 0 | 0 |
| 30 Jun 14 | 11,252 | 2,810 | 0 | 0 |
| 31 Mar 14 | 10,802 | 2,680 | 0 | 0 |
| 31 Dec 13 | 10,575 | 2,612 | 0 | 0 |
Quality Earnings: CNI N has high quality earnings.
Growing Profit Margin: CNI N's current net profit margins (31.7%) are higher than last year (29.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CNI N's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: CNI N's earnings growth over the past year (10.5%) exceeds its 5-year average (8% per year).
Earnings vs Industry: CNI N earnings growth over the past year (10.5%) exceeded the Transportation industry 8.8%.
Return on Equity
High ROE: Whilst CNI N's Return on Equity (27.92%) is high, this metric is skewed due to their high level of debt.