Canadian National Railway Co (CNR) — Financial Flexibility Index

Latest as of December 2025: 0.09x

Canadian National Railway Co (CNR) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of CA$3.46 Billion (operating CF CA$2.23 Billion minus capex CA$1.23 Billion) represents 0% of total liabilities (CA$36.99 Billion). Check how strategically is Canadian National Railway Co's equity deployed to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$3.46 Billion
Operating CF − Capex

Total Liabilities

CA$36.99 Billion
CAD

Capital Expenditures

CA$1.23 Billion
CAD

Canadian National Railway Co Financial Flexibility Index (1995–2025)

Historical Financial Flexibility Index trend for Canadian National Railway Co across 31 annual periods. See working capital position of Canadian National Railway Co to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Canadian National Railway Co (1995–2025)

Year-by-year free cash flow to debt coverage for Canadian National Railway Co. For the full company profile including market capitalisation, see CNR stock market capitalisation.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.29x CA$10.71 Billion CA$7.05 Billion CA$36.99 Billion ▲ +1.7%
2024 0.28x CA$10.25 Billion CA$6.70 Billion CA$36.02 Billion ▼ -8.8%
2023 0.31x CA$10.15 Billion CA$6.96 Billion CA$32.55 Billion ▼ -3.0%
2022 0.32x CA$9.42 Billion CA$6.67 Billion CA$29.28 Billion ▼ -15.9%
2021 0.38x CA$9.86 Billion CA$6.97 Billion CA$25.79 Billion ▲ +6.5%
2020 0.36x CA$9.03 Billion CA$6.17 Billion CA$25.15 Billion ▼ -5.6%
2019 0.38x CA$9.79 Billion CA$5.92 Billion CA$25.74 Billion ▼ -5.1%
2018 0.40x CA$9.45 Billion CA$5.92 Billion CA$23.57 Billion ▲ +2.7%
2017 0.39x CA$8.19 Billion CA$5.52 Billion CA$20.97 Billion ▲ +9.8%
2016 0.36x CA$7.90 Billion CA$5.20 Billion CA$22.22 Billion ▼ -2.8%
2015 0.37x CA$7.85 Billion CA$5.14 Billion CA$21.45 Billion ▲ +0.3%
2014 0.36x CA$6.68 Billion CA$4.38 Billion CA$18.32 Billion ▲ +13.6%
2013 0.32x CA$5.52 Billion CA$3.55 Billion CA$17.21 Billion ▲ +4.7%
2012 0.31x CA$4.79 Billion CA$3.06 Billion CA$15.64 Billion ▲ +2.2%
2011 0.30x CA$4.60 Billion CA$2.98 Billion CA$15.35 Billion ▼ -9.0%
2010 0.33x CA$4.58 Billion CA$3.00 Billion CA$13.92 Billion ▲ +24.7%
2009 0.26x CA$3.68 Billion CA$2.28 Billion CA$13.94 Billion ▲ +23.5%
2008 0.21x CA$3.46 Billion CA$2.03 Billion CA$16.16 Billion ▼ -25.3%
2007 0.29x CA$3.80 Billion CA$2.42 Billion CA$13.28 Billion ▼ -4.4%
2006 0.30x CA$4.25 Billion CA$2.95 Billion CA$14.18 Billion ▼ -0.4%
2005 0.30x CA$3.89 Billion CA$2.71 Billion CA$12.94 Billion ▲ +22.5%
2004 0.25x CA$3.21 Billion CA$2.14 Billion CA$13.08 Billion ▼ -3.2%
2003 0.25x CA$3.02 Billion CA$1.98 Billion CA$11.90 Billion ▲ +33.0%
2002 0.19x CA$2.55 Billion CA$1.61 Billion CA$13.37 Billion ▼ -2.2%
2001 0.20x CA$2.68 Billion CA$1.62 Billion CA$13.73 Billion ▼ -15.2%
2000 0.23x CA$2.46 Billion CA$1.51 Billion CA$10.72 Billion ▲ +3.6%
1999 0.22x CA$2.22 Billion CA$1.28 Billion CA$10.01 Billion ▼ -22.6%
1998 0.29x CA$1.97 Billion CA$1.23 Billion CA$6.85 Billion ▼ -13.9%
1997 0.33x CA$1.22 Billion CA$642.67 Million CA$3.66 Billion ▲ +20.9%
1996 0.28x CA$1.06 Billion CA$567.04 Million CA$3.86 Billion ▲ +133.2%
1995 0.12x CA$460.00 Million CA$134.00 Million CA$3.89 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities