CNI (Canadian National Railway Co) EV-to-EBIT: 17.45 (As of Aug. 09, 2026) — Near Median

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CNI Canadian National Railway Co CNI
90 GF Score
Price $126.60
GF Value $115.96
Valuation Fairly Valued
! 7 Warning Signs
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What is Canadian National Railway Co EV-to-EBIT?

Canadian National Railway Co CNI +0.16% 90 EV-to-EBIT is 17.45 as of Aug. 09, 2026, which is 6% above its 10-year median of 16.53. GuruFocus rates CNI with a GF Score™ of 90/100 and a GF Value™ of $115.96 (Fairly Valued). The stock has 7 warning signs investors should review. Among 862 Transportation companies, Canadian National Railway Co ranks worse than 69.14% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canadian National Railway Co's Enterprise Value is $92,126 Mil. Canadian National Railway Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $5,281 Mil. Therefore, Canadian National Railway Co's EV-to-EBIT for today is 17.45.

The historical rank and industry rank for Canadian National Railway Co's EV-to-EBIT or its related term are showing as below:

CNI' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.68   Med: 16.53   Max: 24.24
Current: 17.66

During the past 13 years, the highest EV-to-EBIT of Canadian National Railway Co was 24.24. The lowest was 13.68. And the median was 16.53.

CNI's EV-to-EBIT is ranked worse than
69.14% of 862 companies
in the Transportation industry
Industry Median: 12.27 vs CNI: 17.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canadian National Railway Co's Enterprise Value for the quarter that ended in Jun. 2026 was $88,044 Mil. Canadian National Railway Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $5,281 Mil. Canadian National Railway Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.00%.


Canadian National Railway Co  (NYSE:CNI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Canadian National Railway Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=5280.893/88043.91
=6.00 %

Canadian National Railway Co's Enterprise Value for the quarter that ended in Jun. 2026 was $88,044 Mil.
Canadian National Railway Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,281 Mil.

* 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 EV-to-EBIT Related Terms


Canadian National Railway Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co's EV-to-EBIT 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 EV-to-EBIT Chart

Canadian National Railway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.40 16.89 17.40 16.70 14.57

Canadian National Railway Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 15.80 14.59 14.57 15.19 17.05

CNI vs UNP, CSX, NSC: EV-to-EBIT Comparison

For the Railroads subindustry, Canadian National Railway Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's EV-to-EBIT falls into.


CNI
90GF Score
Canadian National Railway Co CNI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian National Railway Co EV-to-EBIT Calculation

Canadian National Railway Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=92125.947/5280.893
=17.45

Canadian National Railway Co's current Enterprise Value is $92,126 Mil.
Canadian National Railway Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,281 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 17.45 mean?
Canadian National Railway Co (CNI) has a EV-to-EBIT of 17.45 as of Aug. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Canadian National Railway Co and its competitors. This is near median its historical median of 16.53. Over the past decade, Canadian National Railway Co's EV-to-EBIT has ranged from 13.68 to 24.24. According to the industry distribution chart, Canadian National Railway Co ranks #596 out of 862 companies in the Transportation industry, placing it in the top 69.1%.
Is Canadian National Railway Co's EV-to-EBIT too high?
Canadian National Railway Co's current EV-to-EBIT of 17.45 is near median its 10-year median of 16.53. Over the past 10 years, this metric has ranged from a low of 13.68 to a high of 24.24. The Transportation industry median EV-to-EBIT is 12.27. Canadian National Railway Co's value of 17.45 is 42.2% above this industry median. Based on the distribution chart, Canadian National Railway Co ranks #596 out of 862 companies in the Transportation industry, which is below the industry midpoint. Overall, Canadian National Railway Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian National Railway Co's EV-to-EBIT compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #596 out of 862 companies for EV-to-EBIT. This places Canadian National Railway Co in the lower half of its industry. The industry median EV-to-EBIT is 12.27. Canadian National Railway Co's value of 17.45 is 42.2% above this benchmark. Historically, Canadian National Railway Co's own EV-to-EBIT has ranged from 13.68 to 24.24 over the past decade. While the company's 10-year median is 16.53 vs. the industry median of 12.27, Canadian National Railway Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.27, based on 862 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian National Railway Co's current EV-to-EBIT of 17.45 is 42.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Canadian National Railway Co and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current EV-to-EBIT is 17.45, which is near median its own 10-year median of 16.53. 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 Fairly Valued. The stock's GF Value™ is $115.96, compared to a current price of $126.60 — trading 9.2% above its estimated fair value. The current EV-to-EBIT is 17.45, which is near median its 10-year median of 16.53 and 42.2% above the Transportation industry median of 12.27. Canadian National Railway Co's overall GF Score™ is 90/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current EV-to-EBIT is 17.45 as of Aug. 09, 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 $126.60 is trading 9.2% above its estimated GF Value™ of $115.96. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for CNI:

  • EV-to-EBIT: 17.45 (near median its 10-year median of 16.53)
  • GF Value™: $115.96 vs. price of $126.60 (9.2% above fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 42.2% above the Transportation median (#596 of 862)

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

Get the complete analysis for CNI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$126.60
Price
$115.96
GF Value