Canadian National Railway Co (CNR) — Cash Flow Quality Index
Canadian National Railway Co (CNR) has a Cash Flow Quality Index of 1.78x as of December 2025. Operating cash flow of CA$2.23 Billion exceeds net income of CA$1.25 Billion, indicating high earnings quality where cash backs reported profits. Explore Canadian National Railway Co (CNR) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Canadian National Railway Co Cash Flow Quality Index (1996–2025)
Historical Cash Flow Quality Index for Canadian National Railway Co across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check CNR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Canadian National Railway Co (1996–2025)
Year-by-year earnings quality comparison for Canadian National Railway Co. For live market cap and the full company financial profile, see Canadian National Railway Co (CNR) total market value.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.49x | CA$7.05 Billion | CA$4.72 Billion | ▼ -0.8% |
| 2024 | 1.51x | CA$6.70 Billion | CA$4.45 Billion | ▲ +21.6% |
| 2023 | 1.24x | CA$6.96 Billion | CA$5.62 Billion | ▼ -4.9% |
| 2022 | 1.30x | CA$6.67 Billion | CA$5.12 Billion | ▼ -8.5% |
| 2021 | 1.42x | CA$6.97 Billion | CA$4.90 Billion | ▼ -17.8% |
| 2020 | 1.73x | CA$6.17 Billion | CA$3.56 Billion | ▲ +23.2% |
| 2019 | 1.40x | CA$5.92 Billion | CA$4.22 Billion | ▲ +2.7% |
| 2018 | 1.37x | CA$5.92 Billion | CA$4.33 Billion | ▲ +35.9% |
| 2017 | 1.01x | CA$5.52 Billion | CA$5.48 Billion | ▼ -29.6% |
| 2016 | 1.43x | CA$5.20 Billion | CA$3.64 Billion | ▼ -1.6% |
| 2015 | 1.45x | CA$5.14 Billion | CA$3.54 Billion | ▲ +5.0% |
| 2014 | 1.38x | CA$4.38 Billion | CA$3.17 Billion | ▲ +1.8% |
| 2013 | 1.36x | CA$3.55 Billion | CA$2.61 Billion | ▲ +19.0% |
| 2012 | 1.14x | CA$3.06 Billion | CA$2.68 Billion | ▼ -5.7% |
| 2011 | 1.21x | CA$2.98 Billion | CA$2.46 Billion | ▼ -15.0% |
| 2010 | 1.43x | CA$3.00 Billion | CA$2.10 Billion | ▲ +16.0% |
| 2009 | 1.23x | CA$2.28 Billion | CA$1.85 Billion | ▲ +14.7% |
| 2008 | 1.07x | CA$2.03 Billion | CA$1.90 Billion | ▼ -4.3% |
| 2007 | 1.12x | CA$2.42 Billion | CA$2.16 Billion | ▼ -20.8% |
| 2006 | 1.41x | CA$2.95 Billion | CA$2.09 Billion | ▼ -18.7% |
| 2005 | 1.74x | CA$2.71 Billion | CA$1.56 Billion | ▲ +2.2% |
| 2004 | 1.70x | CA$2.14 Billion | CA$1.26 Billion | ▼ -12.7% |
| 2003 | 1.95x | CA$1.98 Billion | CA$1.01 Billion | ▼ -3.3% |
| 2002 | 2.02x | CA$1.61 Billion | CA$800.00 Million | ▲ +29.3% |
| 2001 | 1.56x | CA$1.62 Billion | CA$1.04 Billion | ▼ -3.0% |
| 2000 | 1.61x | CA$1.51 Billion | CA$937.00 Million | ▼ -6.2% |
| 1999 | 1.71x | CA$1.28 Billion | CA$748.31 Million | ▼ -69.0% |
| 1998 | 5.52x | CA$1.23 Billion | CA$222.25 Million | ▲ +262.1% |
| 1997 | 1.53x | CA$642.67 Million | CA$421.40 Million | ▼ -66.6% |
| 1996 | 4.57x | CA$567.04 Million | CA$124.00 Million | — |