CNI (Canadian National Railway Co) Market Cap: $73,038 Mil (As of Jun. 27, 2026)


CNI Canadian National Railway Co CNI
90 GF Score
Price $120.56
GF Value $113.15
Valuation Fairly Valued
! 8 Warning Signs
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What is Canadian National Railway Co Market Cap?

Canadian National Railway Co CNI +0.17% 90 Market Cap is $73,038 Mil as of Jun. 27, 2026. GuruFocus rates CNI with a GF Score™ of 90/100 and a GF Value™ of $113.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,033 Transportation companies, Canadian National Railway Co ranks better than 99.42% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Canadian National Railway Co's share price for the quarter that ended in Mar. 2026 was $102.77. Canadian National Railway Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 608 Mil. Therefore, Canadian National Railway Co's market cap for the quarter that ended in Mar. 2026 was $62,443 Mil.

Canadian National Railway Co's quarterly market cap increased from Sep. 2025 ($58,249 Mil) to Dec. 2025 ($60,628 Mil) and increased from Dec. 2025 ($60,628 Mil) to Mar. 2026 ($62,443 Mil).

Canadian National Railway Co's annual market cap declined from Dec. 2023 ($80,747 Mil) to Dec. 2024 ($63,742 Mil) and declined from Dec. 2024 ($63,742 Mil) to Dec. 2025 ($60,628 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Canadian National Railway Co's Enterprise Value for Today is $88,489 Mil.


Canadian National Railway Co  (NYSE:CNI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Canadian National Railway Co Market Cap Related Terms


Canadian National Railway Co Market Cap Historical Data

* Premium members only.

The historical data trend for Canadian National Railway Co's Market Cap 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 Market Cap Chart

Canadian National Railway Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86,107.41 79,771.10 80,746.55 63,741.68 60,628.07

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
Market Cap 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 61,156.15 65,066.62 58,249.11 60,628.07 62,443.05

CNI vs UNP, CSX, NSC: Market Cap Comparison

For the Railroads subindustry, Canadian National Railway Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Market Cap falls into.


CNI
90GF Score
Canadian National Railway Co CNI
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian National Railway Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Canadian National Railway Co's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$98.85*613.334
=$60,628

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

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$102.77*607.600
=$62,443

* 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 Market Cap →
What does a Market Cap of $73,038 Mil mean?
Canadian National Railway Co (CNI) has a Market Cap of $73,038 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Canadian National Railway Co and its competitors. According to the industry distribution chart, Canadian National Railway Co ranks #6 out of 1033 companies in the Transportation industry, placing it in the top 0.59999999999999%.
Is Canadian National Railway Co's Market Cap too high?
Canadian National Railway Co's current Market Cap is $73,038 Mil. The Transportation industry median Market Cap is 253.78. Canadian National Railway Co's value of $73,038 Mil is 28679.9% above this industry median. Based on the distribution chart, Canadian National Railway Co ranks #6 out of 1033 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to UNP and CSX?
According to the Transportation industry distribution chart, Canadian National Railway Co ranks #6 out of 1033 companies for Market Cap. This places Canadian National Railway Co in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 253.78. Canadian National Railway Co's value of $73,038 Mil is 28679.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 253.78, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian National Railway Co's current Market Cap of $73,038 Mil is 28679.9% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Canadian National Railway Co and its competitors. For the Transportation industry, the median Market Cap is 253.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian National Railway Co's current Market Cap is $73,038 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 $113.15, compared to a current price of $120.56 — trading 6.5% above its estimated fair value. The current Market Cap is $73,038 Mil and 28679.9% above the Transportation industry median of 253.78. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Canadian National Railway Co (CNI), the current Market Cap is $73,038 Mil as of Jun. 27, 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 $120.56 is trading 6.5% above its estimated GF Value™ of $113.15. GuruFocus considers Canadian National Railway Co to be Fairly Valued.

Key valuation signals for CNI:

  • Market Cap: $73,038 Mil
  • GF Value™: $113.15 vs. price of $120.56 (6.5% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 28679.9% above the Transportation median (#6 of 1033)

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

$120.56
Price
$113.15
GF Value