CNI (Canadian National Railway Co) Interest Expense: $-664 Mil (TTM As of Mar. 2026)

What is Canadian National Railway Co Interest Expense?

Canadian National Railway Co CNI +1.45% 90 Interest Expense is $-664 Mil as of Mar. 2026. GuruFocus rates CNI with a GF Score™ of 90/100 and a GF Value™ of $113.47 (Fairly Valued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian National Railway Co's interest expense for the three months ended in Mar. 2026 was $ -171 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-664 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Canadian National Railway Co's Operating Income for the three months ended in Mar. 2026 was $ 1,129 Mil. Canadian National Railway Co's Interest Expense for the three months ended in Mar. 2026 was $ -171 Mil. Canadian National Railway Co's Interest Coverage for the quarter that ended in Mar. 2026 was 6.62. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canadian National Railway Co (NYSE:CNI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canadian National Railway Co's Interest Expense for the three months ended in Mar. 2026 was $-171 Mil. Its Operating Income for the three months ended in Mar. 2026 was $1,129 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $15,135 Mil.

Canadian National Railway Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	1129.009	/	-170.554
	=	6.62

* 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.

The higher the ratio, the stronger the company's financial strength is.

Canadian National Railway Co Interest Expense Historical Data

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The historical data trend for Canadian National Railway Co's Interest Expense can be seen below:

Canadian National Railway Co Interest Expense Chart

Canadian National Railway Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-476.56

-403.39

-538.16

-625.40

-661.83

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
Interest Expense	Get a 7-Day Free Trial															-162.30	-160.23	-164.09	-169.63	-170.55

90GF Score

Canadian National Railway Co CNI

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Canadian National Railway Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-664 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-664 Mil mean?

Canadian National Railway Co (CNI) has a Interest Expense of $-664 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Canadian National Railway Co and its competitors.

Is Canadian National Railway Co's Interest Expense too high?

Canadian National Railway Co's current Interest Expense is $-664 Mil. 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 Interest Expense compare to UNP and CSX?

Canadian National Railway Co's Interest Expense of $-664 Mil 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 Interest Expense for a Transportation company?

A good Interest Expense depends on the Transportation industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Canadian National Railway Co and its competitors. Canadian National Railway Co's current Interest Expense is $-664 Mil. 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 $113.47, compared to a current price of $121.56 — trading 7.1% above its estimated fair value. The current Interest Expense is $-664 Mil. 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current Interest Expense is $-664 Mil 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 $121.56 is trading 7.1% above its estimated GF Value™ of $113.47. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for CNI:

Interest Expense: $-664 Mil
GF Value™: $113.47 vs. price of $121.56 (7.1% 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

Industry Industrials Transportation

Comparable Companies TSX:CP TSX:KLS UNP CSX NSC WAB SHSE:601816 HKSE:00066 TSE:9020 HKSE:01766 TSE:9022 SHSE:601006 XKRX:064350 XPAR:GET HKSE:03898 XPAR:ALO TSE:9021 HKSE:03969 TSE:9023 ASX:AZJ

Other Exchanges CNI N:Mexico CY2:Germany CNR:Canada CNIC34:Brazil

Address 935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website https://www.cn.ca

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.

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$121.56

Price

$113.47

GF Value

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