Canadian National Railway Co (CNR) — Free Cash Flow Generation Index
Canadian National Railway Co (CNR) has a Free Cash Flow Generation Index of 0.45x as of December 2025. Free cash flow of CA$998.00 Million represents 0% of operating cash flow (CA$2.23 Billion). Read Canadian National Railway Co total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Canadian National Railway Co Free Cash Flow Generation Index (1995–2025)
Historical FCF Generation Index trend for Canadian National Railway Co across 31 annual periods. Explore Canadian National Railway Co capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Canadian National Railway Co (1995–2025)
Year-by-year Free Cash Flow Generation Index for Canadian National Railway Co. For the full company profile including market capitalisation, see CNR company net worth.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.48x | CA$3.39 Billion | CA$7.05 Billion | CA$3.66 Billion | ▲ +2.3% |
| 2024 | 0.47x | CA$3.15 Billion | CA$6.70 Billion | CA$3.55 Billion | ▼ -13.3% |
| 2023 | 0.54x | CA$3.78 Billion | CA$6.96 Billion | CA$3.19 Billion | ▼ -7.7% |
| 2022 | 0.59x | CA$3.92 Billion | CA$6.67 Billion | CA$2.75 Billion | ▲ +0.4% |
| 2021 | 0.59x | CA$4.08 Billion | CA$6.97 Billion | CA$2.89 Billion | ▲ +9.3% |
| 2020 | 0.54x | CA$3.30 Billion | CA$6.17 Billion | CA$2.86 Billion | ▲ +54.1% |
| 2019 | 0.35x | CA$2.06 Billion | CA$5.92 Billion | CA$3.87 Billion | ▼ -13.9% |
| 2018 | 0.40x | CA$2.39 Billion | CA$5.92 Billion | CA$3.53 Billion | ▼ -21.7% |
| 2017 | 0.52x | CA$2.84 Billion | CA$5.52 Billion | CA$2.67 Billion | ▲ +6.9% |
| 2016 | 0.48x | CA$2.51 Billion | CA$5.20 Billion | CA$2.69 Billion | ▲ +1.8% |
| 2015 | 0.47x | CA$2.43 Billion | CA$5.14 Billion | CA$2.71 Billion | ▼ -0.5% |
| 2014 | 0.48x | CA$2.08 Billion | CA$4.38 Billion | CA$2.30 Billion | ▲ +7.2% |
| 2013 | 0.44x | CA$1.57 Billion | CA$3.55 Billion | CA$1.97 Billion | ▲ +2.2% |
| 2012 | 0.43x | CA$1.33 Billion | CA$3.06 Billion | CA$1.73 Billion | ▼ -4.3% |
| 2011 | 0.45x | CA$1.35 Billion | CA$2.98 Billion | CA$1.62 Billion | ▼ -3.6% |
| 2010 | 0.47x | CA$1.41 Billion | CA$3.00 Billion | CA$1.59 Billion | ▲ +22.4% |
| 2009 | 0.38x | CA$877.00 Million | CA$2.28 Billion | CA$1.40 Billion | ▲ +28.8% |
| 2008 | 0.30x | CA$607.00 Million | CA$2.03 Billion | CA$1.42 Billion | ▼ -29.9% |
| 2007 | 0.43x | CA$1.03 Billion | CA$2.42 Billion | CA$1.39 Billion | ▼ -23.9% |
| 2006 | 0.56x | CA$1.65 Billion | CA$2.95 Billion | CA$1.30 Billion | ▼ -0.3% |
| 2005 | 0.56x | CA$1.52 Billion | CA$2.71 Billion | CA$1.19 Billion | ▲ +12.6% |
| 2004 | 0.50x | CA$1.07 Billion | CA$2.14 Billion | CA$1.07 Billion | ▲ +5.6% |
| 2003 | 0.47x | CA$933.00 Million | CA$1.98 Billion | CA$1.04 Billion | ▲ +12.9% |
| 2002 | 0.42x | CA$674.00 Million | CA$1.61 Billion | CA$938.00 Million | ▲ +20.4% |
| 2001 | 0.35x | CA$563.00 Million | CA$1.62 Billion | CA$1.06 Billion | ▼ -4.6% |
| 2000 | 0.36x | CA$548.00 Million | CA$1.51 Billion | CA$958.00 Million | ▲ +36.0% |
| 1999 | 0.27x | CA$343.09 Million | CA$1.28 Billion | CA$939.01 Million | ▼ -32.9% |
| 1998 | 0.40x | CA$489.20 Million | CA$1.23 Billion | CA$738.17 Million | ▲ +293.4% |
| 1997 | 0.10x | CA$65.11 Million | CA$642.67 Million | CA$577.56 Million | ▼ -19.1% |
| 1996 | 0.13x | CA$71.00 Million | CA$567.04 Million | CA$496.04 Million | ▲ +108.7% |
| 1995 | -1.43x | CA$-192.00 Million | CA$134.00 Million | CA$326.00 Million | — |