Canadian National Railway Co (CNR) — Capital Reinvestment Ratio
Canadian National Railway Co (CNR) has a Capital Reinvestment Ratio of 0.55x as of December 2025, meaning it reinvests 1% of its operating cash flow (CA$2.23 Billion) in capital expenditures (CA$1.23 Billion). See debt-free asset ratio of Canadian National Railway Co to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Canadian National Railway Co Capital Reinvestment Ratio (1995–2025)
This chart tracks Canadian National Railway Co's Capital Reinvestment Ratio across 31 annual periods. Check CNR cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Canadian National Railway Co (1995–2025)
Year-by-year Capital Reinvestment Ratio for Canadian National Railway Co from 1995 to 2025. For live market cap and broader valuation context, see Canadian National Railway Co market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.52x | CA$7.05 Billion | CA$3.66 Billion | ▼ -2.0% |
| 2024 | 0.53x | CA$6.70 Billion | CA$3.55 Billion | ▲ +15.8% |
| 2023 | 0.46x | CA$6.96 Billion | CA$3.19 Billion | ▲ +10.9% |
| 2022 | 0.41x | CA$6.67 Billion | CA$2.75 Billion | ▼ -0.5% |
| 2021 | 0.41x | CA$6.97 Billion | CA$2.89 Billion | ▼ -10.7% |
| 2020 | 0.46x | CA$6.17 Billion | CA$2.86 Billion | ▼ -28.8% |
| 2019 | 0.65x | CA$5.92 Billion | CA$3.87 Billion | ▲ +9.4% |
| 2018 | 0.60x | CA$5.92 Billion | CA$3.53 Billion | ▲ +23.1% |
| 2017 | 0.48x | CA$5.52 Billion | CA$2.67 Billion | ▼ -6.5% |
| 2016 | 0.52x | CA$5.20 Billion | CA$2.69 Billion | ▼ -1.6% |
| 2015 | 0.53x | CA$5.14 Billion | CA$2.71 Billion | ▲ +0.4% |
| 2014 | 0.52x | CA$4.38 Billion | CA$2.30 Billion | ▼ -5.7% |
| 2013 | 0.56x | CA$3.55 Billion | CA$1.97 Billion | ▼ -1.7% |
| 2012 | 0.57x | CA$3.06 Billion | CA$1.73 Billion | ▲ +3.6% |
| 2011 | 0.55x | CA$2.98 Billion | CA$1.62 Billion | ▲ +3.3% |
| 2010 | 0.53x | CA$3.00 Billion | CA$1.59 Billion | ▼ -14.0% |
| 2009 | 0.62x | CA$2.28 Billion | CA$1.40 Billion | ▼ -12.3% |
| 2008 | 0.70x | CA$2.03 Billion | CA$1.42 Billion | ▲ +22.2% |
| 2007 | 0.57x | CA$2.42 Billion | CA$1.39 Billion | ▲ +30.4% |
| 2006 | 0.44x | CA$2.95 Billion | CA$1.30 Billion | ▲ +0.4% |
| 2005 | 0.44x | CA$2.71 Billion | CA$1.19 Billion | ▼ -12.5% |
| 2004 | 0.50x | CA$2.14 Billion | CA$1.07 Billion | ▼ -5.1% |
| 2003 | 0.53x | CA$1.98 Billion | CA$1.04 Billion | ▼ -9.3% |
| 2002 | 0.58x | CA$1.61 Billion | CA$938.00 Million | ▼ -10.8% |
| 2001 | 0.65x | CA$1.62 Billion | CA$1.06 Billion | ▲ +2.6% |
| 2000 | 0.64x | CA$1.51 Billion | CA$958.00 Million | ▼ -13.1% |
| 1999 | 0.73x | CA$1.28 Billion | CA$939.01 Million | ▲ +21.8% |
| 1998 | 0.60x | CA$1.23 Billion | CA$738.17 Million | ▼ -33.1% |
| 1997 | 0.90x | CA$642.67 Million | CA$577.56 Million | ▲ +2.7% |
| 1996 | 0.87x | CA$567.04 Million | CA$496.04 Million | ▼ -64.0% |
| 1995 | 2.43x | CA$134.00 Million | CA$326.00 Million | — |