CNI (Canadian National Railway Co) Effective Interest Rate on Debt %: 4.25% (As of Mar. 2026)

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CNI Canadian National Railway Co CNI
90 GF Score
Price $128.99
GF Value $115.36
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Canadian National Railway Co Effective Interest Rate on Debt %?

Canadian National Railway Co CNI -0.03% 90 Effective Interest Rate on Debt % is 4.25% as of Mar. 2026. GuruFocus rates CNI with a GF Score™ of 90/100 and a GF Value™ of $115.36 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Canadian National Railway Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $682 Mil. Canadian National Railway Co's average total debt for the quarter that ended in Mar. 2026 was $16,045 Mil. Therefore, Canadian National Railway Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.25%.


Canadian National Railway Co  (NYSE:CNI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Canadian National Railway Co Effective Interest Rate on Debt % Related Terms


Canadian National Railway Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian National Railway Co Effective Interest Rate on Debt % Chart

Canadian National Railway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 3.70 4.18 4.30 4.31

Canadian National Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 4.29 4.28 4.35 4.25

CNI vs UNP, CSX, NSC: Effective Interest Rate on Debt % Comparison

For the Railroads subindustry, Canadian National Railway Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian National Railway Co Effective Interest Rate on Debt % vs Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Effective Interest Rate on Debt % falls into.


CNI
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Canadian National Railway Co CNI
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Canadian National Railway Co Effective Interest Rate on Debt % Calculation

Canadian National Railway Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -661.834/( (15000.351+15679.594)/ 2 )
=-1  *  -661.834/15339.9725
=4.31 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14087.878 + 912.473
=15000.351

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14944.545 + 735.049
=15679.594

Canadian National Railway Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -682.216/( (15679.594+16411.079)/ 2 )
=-1  *  -682.216/16045.3365
=4.25 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14944.545 + 735.049
=15679.594

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15134.84 + 1276.239
=16411.079

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.25% mean?
Canadian National Railway Co (CNI) has a Effective Interest Rate on Debt % of 4.25% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Canadian National Railway Co and its competitors.
Is Canadian National Railway Co's Effective Interest Rate on Debt % too high?
Canadian National Railway Co's current Effective Interest Rate on Debt % is 4.25%. Overall, Canadian National Railway Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's Effective Interest Rate on Debt % compare to UNP and CSX?
Canadian National Railway Co's Effective Interest Rate on Debt % of 4.25% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Transportation company?
A good Effective Interest Rate on Debt % depends on the Transportation industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Canadian National Railway Co and its competitors. Canadian National Railway Co's current Effective Interest Rate on Debt % is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian National Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Canadian National Railway Co (CNI) is currently considered Modestly Overvalued. The stock's GF Value™ is $115.36, compared to a current price of $128.99 — trading 11.8% above its estimated fair value. The current Effective Interest Rate on Debt % is 4.25%. Canadian National Railway Co's overall GF Score™ is 90/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current Effective Interest Rate on Debt % is 4.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian National Railway Co (CNI) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian National Railway Co stock appears to be overvalued. The current stock price of $128.99 is trading 11.8% above its estimated GF Value™ of $115.36. GuruFocus considers Canadian National Railway Co to be Modestly Overvalued.

Key valuation signals for CNI:

  • Effective Interest Rate on Debt %: 4.25%
  • GF Value™: $115.36 vs. price of $128.99 (11.8% above fair value)
  • GF Score™: 90/100 with 8 warning signs

No single metric tells the full story. See the CNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian National Railway Co Business Description

Address 935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2025, CN generated CAD 17.7 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (23%), forest products (10%), metals and minerals (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
90GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$128.99
Price
$115.36
GF Value