Canadian National Railway Company
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, su… Read more
Canadian National Railway Company (CNI) - Net Assets
Latest net assets as of June 2025: $21.54 Billion USD
Based on the latest financial reports, Canadian National Railway Company (CNI) has net assets worth $21.54 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($56.78 Billion) and total liabilities ($35.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.54 Billion |
| % of Total Assets | 37.93% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | 7.12% |
| 10-Year Change | 40.81% |
| Growth Volatility | 12.37 |
Canadian National Railway Company - Net Assets Trend (1995–2024)
This chart illustrates how Canadian National Railway Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canadian National Railway Company (1995–2024)
The table below shows the annual net assets of Canadian National Railway Company from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.05 Billion | +4.64% |
| 2023-12-31 | $20.12 Billion | -5.92% |
| 2022-12-31 | $21.38 Billion | -5.98% |
| 2021-12-31 | $22.74 Billion | +15.74% |
| 2020-12-31 | $19.65 Billion | +8.92% |
| 2019-12-31 | $18.04 Billion | +2.27% |
| 2018-12-31 | $17.64 Billion | +5.91% |
| 2017-12-31 | $16.66 Billion | +12.23% |
| 2016-12-31 | $14.84 Billion | -0.73% |
| 2015-12-31 | $14.95 Billion | +10.99% |
| 2014-12-31 | $13.47 Billion | +3.99% |
| 2013-12-31 | $12.95 Billion | +17.56% |
| 2012-12-31 | $11.02 Billion | +3.16% |
| 2011-12-31 | $10.68 Billion | -5.35% |
| 2010-12-31 | $11.28 Billion | +0.45% |
| 2009-12-31 | $11.23 Billion | +6.38% |
| 2008-12-31 | $10.56 Billion | +3.75% |
| 2007-12-31 | $10.18 Billion | +3.59% |
| 2006-12-31 | $9.82 Billion | +6.22% |
| 2005-12-31 | $9.25 Billion | -0.38% |
| 2004-12-31 | $9.28 Billion | +10.10% |
| 2003-12-31 | $8.43 Billion | +0.75% |
| 2002-12-31 | $8.37 Billion | +11.77% |
| 2001-12-31 | $7.49 Billion | +13.49% |
| 2000-12-31 | $6.60 Billion | +1.88% |
| 1999-12-31 | $6.48 Billion | +29.38% |
| 1998-12-31 | $5.01 Billion | +46.35% |
| 1997-12-31 | $3.42 Billion | +43.69% |
| 1996-12-31 | $2.38 Billion | +3.23% |
| 1995-12-31 | $2.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian National Railway Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 17548.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $18.35 Billion | 87.19% |
| Common Stock | $3.47 Billion | 16.50% |
| Other Comprehensive Income | $-1.02 Billion | -4.85% |
| Other Components | $243.00 Million | 1.15% |
| Total Equity | $21.05 Billion | 100.00% |
Canadian National Railway Company Competitors by Market Cap
The table below lists competitors of Canadian National Railway Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Australia Bank Ltd
PINK:NAUBF
|
$58.68 Billion |
|
Rheinmetall AG
PINK:RNMBF
|
$58.68 Billion |
|
The Southern Company
NASDAQ:SOMN
|
$58.74 Billion |
|
KKR & Co LP
NYSE:KKR
|
$58.94 Billion |
|
Snowflake Inc.
NYSE:SNOW
|
$57.88 Billion |
|
AutoZone Inc
NYSE:AZO
|
$57.62 Billion |
|
Manulife Financial Corp
NYSE:MFC
|
$57.10 Billion |
|
Sempra Energy
NYSE:SRE
|
$57.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian National Railway Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,117,000,000 to 21,051,000,000, a change of 934,000,000 (4.6%).
- Net income of 4,448,000,000 contributed positively to equity growth.
- Dividend payments of 2,138,000,000 reduced retained earnings.
- Share repurchases of 2,650,000,000 reduced equity.
- Other comprehensive income increased equity by 1,259,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.45 Billion | +21.13% |
| Dividends Paid | $2.14 Billion | -10.16% |
| Share Repurchases | $2.65 Billion | -12.59% |
| Other Comprehensive Income | $1.26 Billion | +5.98% |
| Other Changes | $15.00 Million | +0.07% |
| Total Change | $- | 4.64% |
Book Value vs Market Value Analysis
This analysis compares Canadian National Railway Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 46.95x to 3.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $2.26 | $106.22 | x |
| 1996-12-31 | $2.35 | $106.22 | x |
| 1997-12-31 | $3.56 | $106.22 | x |
| 1998-12-31 | $4.56 | $106.22 | x |
| 1999-12-31 | $5.08 | $106.22 | x |
| 2000-12-31 | $5.48 | $106.22 | x |
| 2001-12-31 | $6.28 | $106.22 | x |
| 2002-12-31 | $6.92 | $106.22 | x |
| 2003-12-31 | $7.26 | $106.22 | x |
| 2004-12-31 | $8.01 | $106.22 | x |
| 2005-12-31 | $8.23 | $106.22 | x |
| 2006-12-31 | $9.20 | $106.22 | x |
| 2007-12-31 | $19.98 | $106.22 | x |
| 2008-12-31 | $14.80 | $106.22 | x |
| 2009-12-31 | $11.86 | $106.22 | x |
| 2010-12-31 | $24.26 | $106.22 | x |
| 2011-12-31 | $23.87 | $106.22 | x |
| 2012-12-31 | $25.50 | $106.22 | x |
| 2013-12-31 | $15.31 | $106.22 | x |
| 2014-12-31 | $16.36 | $106.22 | x |
| 2015-12-31 | $18.57 | $106.22 | x |
| 2016-12-31 | $19.05 | $106.22 | x |
| 2017-12-31 | $21.99 | $106.22 | x |
| 2018-12-31 | $23.91 | $106.22 | x |
| 2019-12-31 | $25.09 | $106.22 | x |
| 2020-12-31 | $27.56 | $106.22 | x |
| 2021-12-31 | $32.02 | $106.22 | x |
| 2022-12-31 | $31.07 | $106.22 | x |
| 2023-12-31 | $30.52 | $106.22 | x |
| 2024-12-31 | $33.18 | $106.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian National Railway Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.09%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.71x
- Recent ROE (21.13%) is above the historical average (18.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -47.05% | -27.44% | 0.64x | 2.69x | $-1.32 Billion |
| 1996 | 35.54% | 21.38% | 0.63x | 2.62x | $608.06 Million |
| 1997 | 25.94% | 24.06% | 0.61x | 1.76x | $639.67 Million |
| 1998 | 5.28% | 6.46% | 0.34x | 2.37x | $-236.40 Million |
| 1999 | 12.27% | 14.34% | 0.32x | 2.69x | $138.80 Million |
| 2000 | 14.20% | 17.26% | 0.31x | 2.62x | $277.20 Million |
| 2001 | 13.89% | 18.40% | 0.27x | 2.83x | $291.20 Million |
| 2002 | 9.56% | 13.09% | 0.28x | 2.60x | $-36.90 Million |
| 2003 | 12.03% | 17.23% | 0.29x | 2.41x | $170.80 Million |
| 2004 | 13.55% | 19.21% | 0.29x | 2.41x | $329.60 Million |
| 2005 | 16.82% | 21.49% | 0.33x | 2.40x | $631.10 Million |
| 2006 | 21.24% | 26.32% | 0.33x | 2.44x | $1.10 Billion |
| 2007 | 21.20% | 27.33% | 0.34x | 2.31x | $1.14 Billion |
| 2008 | 17.95% | 22.34% | 0.32x | 2.53x | $839.10 Million |
| 2009 | 16.50% | 25.17% | 0.29x | 2.24x | $730.70 Million |
| 2010 | 18.65% | 25.36% | 0.33x | 2.23x | $975.60 Million |
| 2011 | 23.01% | 27.22% | 0.35x | 2.44x | $1.39 Billion |
| 2012 | 24.32% | 27.02% | 0.37x | 2.42x | $1.58 Billion |
| 2013 | 20.17% | 24.70% | 0.35x | 2.33x | $1.32 Billion |
| 2014 | 23.51% | 26.10% | 0.38x | 2.35x | $1.82 Billion |
| 2015 | 23.67% | 28.05% | 0.35x | 2.43x | $2.04 Billion |
| 2016 | 24.53% | 30.24% | 0.32x | 2.50x | $2.16 Billion |
| 2017 | 32.93% | 42.05% | 0.35x | 2.26x | $3.82 Billion |
| 2018 | 24.53% | 30.22% | 0.35x | 2.34x | $2.56 Billion |
| 2019 | 23.37% | 28.26% | 0.34x | 2.43x | $2.41 Billion |
| 2020 | 18.04% | 25.65% | 0.31x | 2.28x | $1.58 Billion |
| 2021 | 21.54% | 33.84% | 0.30x | 2.13x | $2.62 Billion |
| 2022 | 23.93% | 29.92% | 0.34x | 2.37x | $2.98 Billion |
| 2023 | 27.96% | 33.43% | 0.32x | 2.62x | $3.61 Billion |
| 2024 | 21.13% | 26.09% | 0.30x | 2.71x | $2.34 Billion |
Industry Comparison
This section compares Canadian National Railway Company's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $426,274,556,887
- Average return on equity (ROE) among peers: 8.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Canadian National Railway Company (CNI) | $21.54 Billion | -47.05% | 1.64x | $58.49 Billion |
| Alstom PK (ALSMY) | $1.84 Billion | 9.84% | 9.00x | $659.84 Million |
| Alstom SA (AOMFF) | $9.10 Billion | -1.45% | 2.45x | $6.62 Billion |
| Bangkok Expressway and Metro Public Company Limited (BKKXF) | $37.66 Billion | 9.24% | 1.99x | $2.46 Billion |
| BTS Group Holdings Public Company Limited (BTGWF) | $52.15 Billion | 5.51% | 1.77x | $1.93 Billion |
| Central Japan Railway Co (CJPRY) | $3.51 Trillion | 12.51% | 1.65x | $9.22 Billion |
| Canadian Pacific Railway Ltd (CP) | $6.64 Billion | 29.40% | 2.23x | $69.57 Billion |
| CRRC Corporation Limited (CRCCY) | $169.14 Billion | 6.70% | 1.32x | $22.96 Billion |
| China Railway Signal & Communication Corporation Limited (CRYCY) | $47.28 Billion | 7.69% | 1.47x | $7.38 Billion |
| CSX Corporation (CSX) | $4.59 Billion | -2.57% | 1.50x | $73.08 Billion |