Canadian National Railway Co (CNR) — Net Asset Quality Index
Canadian National Railway Co (CNR) has a Net Asset Quality Index of 36.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$58.55 Billion minus total liabilities of CA$36.99 Billion yields net assets of CA$21.57 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read CNR current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Canadian National Railway Co Net Asset Quality Index Over Time (1995–2025)
This chart shows how Canadian National Railway Co's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of December 2025, the index stands at 36.8%, representing net assets of CA$21.57 Billion against total assets of CA$58.55 Billion CAD. For live market cap and overall valuation, see CNR company net worth.
Annual Net Asset Quality Index for Canadian National Railway Co (1995–2025)
The table below presents the year-by-year Net Asset Quality Index for Canadian National Railway Co from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of Canadian National Railway Co to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 36.8% | CA$21.57 Billion | CA$58.55 Billion | CA$36.99 Billion | ▼ -0.1 pp |
| 2024 | 36.9% | CA$21.05 Billion | CA$57.07 Billion | CA$36.02 Billion | ▼ -1.3 pp |
| 2023 | 38.2% | CA$20.12 Billion | CA$52.67 Billion | CA$32.55 Billion | ▼ -4.0 pp |
| 2022 | 42.2% | CA$21.38 Billion | CA$50.66 Billion | CA$29.28 Billion | ▼ -4.6 pp |
| 2021 | 46.9% | CA$22.74 Billion | CA$48.54 Billion | CA$25.79 Billion | ▲ +3.0 pp |
| 2020 | 43.9% | CA$19.65 Billion | CA$44.80 Billion | CA$25.15 Billion | ▲ +2.7 pp |
| 2019 | 41.2% | CA$18.04 Billion | CA$43.78 Billion | CA$25.74 Billion | ▼ -1.6 pp |
| 2018 | 42.8% | CA$17.64 Billion | CA$41.21 Billion | CA$23.57 Billion | ▼ -1.5 pp |
| 2017 | 44.3% | CA$16.66 Billion | CA$37.63 Billion | CA$20.97 Billion | ▲ +4.2 pp |
| 2016 | 40.0% | CA$14.84 Billion | CA$37.06 Billion | CA$22.22 Billion | ▼ -1.0 pp |
| 2015 | 41.1% | CA$14.95 Billion | CA$36.40 Billion | CA$21.45 Billion | ▼ -1.3 pp |
| 2014 | 42.4% | CA$13.47 Billion | CA$31.79 Billion | CA$18.32 Billion | ▼ -0.6 pp |
| 2013 | 42.9% | CA$12.95 Billion | CA$30.16 Billion | CA$17.21 Billion | ▲ +1.6 pp |
| 2012 | 41.3% | CA$11.02 Billion | CA$26.66 Billion | CA$15.64 Billion | ▲ +0.3 pp |
| 2011 | 41.0% | CA$10.68 Billion | CA$26.03 Billion | CA$15.35 Billion | ▼ -3.7 pp |
| 2010 | 44.8% | CA$11.28 Billion | CA$25.21 Billion | CA$13.92 Billion | ▲ +0.1 pp |
| 2009 | 44.6% | CA$11.23 Billion | CA$25.18 Billion | CA$13.94 Billion | ▲ +5.1 pp |
| 2008 | 39.5% | CA$10.56 Billion | CA$26.72 Billion | CA$16.16 Billion | ▼ -3.9 pp |
| 2007 | 43.4% | CA$10.18 Billion | CA$23.46 Billion | CA$13.28 Billion | ▲ +2.5 pp |
| 2006 | 40.9% | CA$9.82 Billion | CA$24.00 Billion | CA$14.18 Billion | ▼ -0.8 pp |
| 2005 | 41.7% | CA$9.25 Billion | CA$22.19 Billion | CA$12.94 Billion | ▲ +0.2 pp |
| 2004 | 41.5% | CA$9.28 Billion | CA$22.36 Billion | CA$13.08 Billion | ▲ +0.0 pp |
| 2003 | 41.5% | CA$8.43 Billion | CA$20.34 Billion | CA$11.90 Billion | ▲ +3.0 pp |
| 2002 | 38.5% | CA$8.37 Billion | CA$21.74 Billion | CA$13.37 Billion | ▲ +3.2 pp |
| 2001 | 35.3% | CA$7.49 Billion | CA$21.22 Billion | CA$13.73 Billion | ▼ -2.8 pp |
| 2000 | 38.1% | CA$6.60 Billion | CA$17.31 Billion | CA$10.72 Billion | ▼ -1.2 pp |
| 1999 | 39.3% | CA$6.48 Billion | CA$16.48 Billion | CA$10.01 Billion | ▼ -2.9 pp |
| 1998 | 42.2% | CA$5.01 Billion | CA$11.86 Billion | CA$6.85 Billion | ▼ -6.1 pp |
| 1997 | 48.3% | CA$3.42 Billion | CA$7.08 Billion | CA$3.66 Billion | ▲ +10.1 pp |
| 1996 | 38.2% | CA$2.38 Billion | CA$6.24 Billion | CA$3.86 Billion | ▲ +1.0 pp |
| 1995 | 37.2% | CA$2.31 Billion | CA$6.20 Billion | CA$3.89 Billion | — |