Canadian National Railway Co (CNR) — Tangible Net Worth Ratio
Canadian National Railway Co (CNR) has a Tangible Net Worth Ratio of 97.6% as of December 2025. This metric is calculated by deducting intangible assets (CA$523.00 Million) from net assets (CA$21.57 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Canadian National Railway Co net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Canadian National Railway Co Tangible Net Worth Ratio (1995–2025)
This chart shows how Canadian National Railway Co's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of December 2025, the ratio stands at 97.6%, reflecting net assets of CA$21.57 Billion with intangible assets of CA$523.00 Million CAD. Also explore Canadian National Railway Co annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Canadian National Railway Co (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Canadian National Railway Co from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Canadian National Railway Co.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.6% | CA$21.57 Billion | CA$523.00 Million | CA$58.55 Billion | ▼ -1.8 pp |
| 2024 | 99.4% | CA$21.05 Billion | CA$128.00 Million | CA$57.07 Billion | ▲ +0.0 pp |
| 2023 | 99.3% | CA$20.12 Billion | CA$131.00 Million | CA$52.67 Billion | ▼ 0.0 pp |
| 2022 | 99.4% | CA$21.38 Billion | CA$137.00 Million | CA$50.66 Billion | ▼ 0.0 pp |
| 2021 | 99.4% | CA$22.74 Billion | CA$139.00 Million | CA$48.54 Billion | ▲ +0.1 pp |
| 2020 | 99.3% | CA$19.65 Billion | CA$145.00 Million | CA$44.80 Billion | ▲ +0.1 pp |
| 2019 | 99.2% | CA$18.04 Billion | CA$152.00 Million | CA$43.78 Billion | ▼ -0.4 pp |
| 2018 | 99.6% | CA$17.64 Billion | CA$73.00 Million | CA$41.21 Billion | ▼ 0.0 pp |
| 2017 | 99.6% | CA$16.66 Billion | CA$62.00 Million | CA$37.63 Billion | ▲ +0.1 pp |
| 2016 | 99.5% | CA$14.84 Billion | CA$67.00 Million | CA$37.06 Billion | ▲ +0.0 pp |
| 2015 | 99.5% | CA$14.95 Billion | CA$71.00 Million | CA$36.40 Billion | ▼ 0.0 pp |
| 2014 | 99.5% | CA$13.47 Billion | CA$62.00 Million | CA$31.79 Billion | ▼ 0.0 pp |
| 2013 | 99.5% | CA$12.95 Billion | CA$59.00 Million | CA$30.16 Billion | ▲ +0.1 pp |
| 2012 | 99.5% | CA$11.02 Billion | CA$57.00 Million | CA$26.66 Billion | ▲ +1.9 pp |
| 2011 | 97.6% | CA$10.68 Billion | CA$261.00 Million | CA$26.03 Billion | ▲ +3.8 pp |
| 2010 | 93.8% | CA$11.28 Billion | CA$699.00 Million | CA$25.21 Billion | ▼ -5.7 pp |
| 2009 | 99.5% | CA$11.23 Billion | CA$58.00 Million | CA$25.18 Billion | ▲ +8.1 pp |
| 2008 | 91.4% | CA$10.56 Billion | CA$913.00 Million | CA$26.72 Billion | ▲ +11.0 pp |
| 2007 | 80.4% | CA$10.18 Billion | CA$2.00 Billion | CA$23.46 Billion | ▼ -3.2 pp |
| 2006 | 83.6% | CA$9.82 Billion | CA$1.61 Billion | CA$24.00 Billion | ▼ -6.0 pp |
| 2005 | 89.6% | CA$9.25 Billion | CA$961.00 Million | CA$22.19 Billion | ▼ -1.8 pp |
| 2004 | 91.5% | CA$9.28 Billion | CA$793.00 Million | CA$22.36 Billion | ▼ -8.5 pp |
| 2003 | 100.0% | CA$8.43 Billion | CA$0.00 | CA$20.34 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CA$8.37 Billion | CA$0.00 | CA$21.74 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CA$7.49 Billion | CA$0.00 | CA$21.22 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CA$6.60 Billion | CA$0.00 | CA$17.31 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CA$6.48 Billion | CA$0.00 | CA$16.48 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CA$5.01 Billion | CA$0.00 | CA$11.86 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | CA$3.42 Billion | CA$0.00 | CA$7.08 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | CA$2.38 Billion | CA$0.00 | CA$6.24 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | CA$2.31 Billion | CA$0.00 | CA$6.20 Billion | — |