Canadian Financial Statements From 2010 to 2024

CNR Stock  CAD 172.57  0.37  0.21%   
Canadian National financial statements provide useful quarterly and yearly information to potential Canadian National Railway investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Canadian National financial statements helps investors assess Canadian National's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Canadian National's valuation are summarized below:
Gross Profit
9.6 B
Profit Margin
0.3286
Market Capitalization
109.8 B
Enterprise Value Revenue
7.8264
Revenue
16.8 B
We have found one hundred twenty available fundamental signals for Canadian National Railway, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Canadian National's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 15th of May 2024, Market Cap is likely to grow to about 58.5 B. Also, Enterprise Value is likely to grow to about 30 B

Canadian National Total Revenue

10.21 Billion

Check Canadian National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 B, Interest Expense of 758.1 M or Selling General Administrative of 2.6 B, as well as many exotic indicators such as Price To Sales Ratio of 6.83, Dividend Yield of 0.0122 or PTB Ratio of 5.72. Canadian financial statements analysis is a perfect complement when working with Canadian National Valuation or Volatility modules.
  
This module can also supplement various Canadian National Technical models . Check out the analysis of Canadian National Correlation against competitors.

Canadian National Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets30.5 B52.7 B36.3 B
Slightly volatile
Short and Long Term Debt Total19 B18.1 B11.3 B
Slightly volatile
Total Current Liabilities2.6 BB3.1 B
Slightly volatile
Total Stockholder Equity12.8 B20.1 B15.3 B
Slightly volatile
Property Plant And Equipment Net27 B45 B32.3 B
Slightly volatile
Net Debt18.9 B18 B11.1 B
Slightly volatile
Retained Earnings9.7 B18.7 B13.7 B
Slightly volatile
Accounts Payable1.2 B968 M1.1 B
Slightly volatile
Cash257.7 M475 M255.8 M
Slightly volatile
Non Current Assets Total28.5 B49.6 B33.9 B
Slightly volatile
Non Currrent Assets Other11.4 M12 M245.8 M
Pretty Stable
Cash And Short Term Investments248.2 M377.2 M248.7 M
Slightly volatile
Net Receivables915.6 M1.3 B986.1 M
Slightly volatile
Common Stock Shares Outstanding757.3 M642.7 M785.8 M
Slightly volatile
Liabilities And Stockholders Equity29.6 B58.3 B36.6 B
Slightly volatile
Non Current Liabilities Total15.1 B27.5 B17.9 B
Slightly volatile
Inventory734 M699 M457.1 M
Slightly volatile
Other Current Assets31.4 M33 M223.2 M
Very volatile
Other Stockholder Equity180.4 M189.9 MB
Slightly volatile
Total Liabilities17.8 B32.5 B21 B
Slightly volatile
Property Plant And Equipment Gross65.6 B62.4 B36 B
Slightly volatile
Total Current AssetsB3.1 B2.4 B
Slightly volatile
Short Term Debt762.6 M1.2 BB
Slightly volatile
Common Stock Total Equity3.3 B3.3 B3.8 B
Slightly volatile
Common Stock3.2 B3.3 B3.8 B
Slightly volatile
Intangible Assets124.5 M131 M166.8 M
Slightly volatile
Other Liabilities9.4 B12.3 B8.7 B
Slightly volatile
Net Tangible Assets17.3 B22.6 B15.7 B
Slightly volatile
Other Assets3.8 B3.6 B1.6 B
Slightly volatile
Long Term Debt11.5 B16.1 B10 B
Slightly volatile
Deferred Long Term Liabilities56.4 M59.4 M385.5 M
Slightly volatile
Long Term Investments422.1 M402 M120 M
Slightly volatile
Short and Long Term Debt1.4 B2.3 B2.6 B
Slightly volatile
Property Plant Equipment38 B50.6 B34.5 B
Slightly volatile
Good Will116.5 M63 M173.2 M
Slightly volatile
Long Term Debt Total12.2 B16.5 B10.8 B
Slightly volatile
Capital Surpluse304.9 M342.9 M404.8 M
Slightly volatile
Cash And Equivalents363.2 M377.2 M273.8 M
Slightly volatile
Net Invested Capital36.6 B38.6 B30.8 B
Slightly volatile
Capital Stock2.9 B3.5 B3.6 B
Slightly volatile
Capital Lease Obligations319.7 M415 M455.1 M
Slightly volatile
Non Current Liabilities Other407.2 M396.9 M569.7 M
Slightly volatile

Canadian National Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative2.6 B3.8 B2.9 B
Slightly volatile
Total Revenue10.2 B16.8 B12.3 B
Slightly volatile
Gross Profit5.5 B7.2 B5.5 B
Slightly volatile
Other Operating Expenses7.1 B11.2 BB
Slightly volatile
Operating Income3.7 B6.6 B4.7 B
Slightly volatile
EBIT8.3 B7.9 B5.4 B
Slightly volatile
EBITDA11.6 B11 B7.1 B
Slightly volatile
Cost Of Revenue10.2 B9.7 B7.2 B
Slightly volatile
Net Income From Continuing Ops4.5 B5.6 B3.9 B
Slightly volatile
Net Income Applicable To Common Shares4.3 B5.9 B3.9 B
Slightly volatile
Interest Income558.5 M622.1 M475.5 M
Slightly volatile
Non Recurring58.8 M117.5 M72 M
Slightly volatile
Minority Interest9.3 M9.7 M12.7 M
Slightly volatile
Reconciled Depreciation1.7 B1.8 B1.4 B
Slightly volatile

Canadian National Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow951.3 M906 M552.7 M
Slightly volatile
Dividends Paid2.2 B2.1 B1.2 B
Slightly volatile
Capital Expenditures1.9 B3.2 B2.5 B
Slightly volatile
Total Cash From Operating Activities3.7 B6.8 B4.8 B
Slightly volatile
End Period Cash Flow990.1 M943 M538.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.836.50945.4326
Slightly volatile
Dividend Yield0.01220.01890.0161
Pretty Stable
PTB Ratio5.725.44514.4253
Slightly volatile
Days Sales Outstanding39.7428.197130.7383
Pretty Stable
Book Value Per Share32.1230.586921.4065
Slightly volatile
Invested Capital0.530.93890.6798
Pretty Stable
Operating Cash Flow Per Share11.1210.58996.8766
Slightly volatile
Average Payables765.3 M898.3 M970.4 M
Slightly volatile
Stock Based Compensation To Revenue0.00360.00380.0085
Slightly volatile
PB Ratio5.725.44514.4253
Slightly volatile
EV To Sales7.987.60366.2595
Slightly volatile
ROIC0.10.14660.146
Slightly volatile
Inventory Turnover11.4213.844116.2337
Slightly volatile
Days Of Inventory On Hand31.7626.365124.3148
Very volatile
Payables Turnover5.49.99699.1914
Slightly volatile
Sales General And Administrative To Revenue0.280.270.2379
Slightly volatile
Average Inventory157.6 M129.6 M121.5 M
Very volatile
Cash Per Share0.760.72220.3752
Slightly volatile
POCF Ratio9.6115.727215.1626
Slightly volatile
Interest Coverage8.049.137110.3033
Pretty Stable
Payout Ratio0.210.36820.3188
Pretty Stable
Days Payables Outstanding34.6936.511360.3983
Very volatile
EV To Operating Cash Flow11.7818.370817.889
Slightly volatile
Intangibles To Total Assets0.00360.00380.007
Slightly volatile
Net Debt To EBITDA2.182.07261.5767
Slightly volatile
Current Ratio0.880.61350.818
Pretty Stable
Tangible Book Value Per Share31.830.281321.2266
Slightly volatile
Receivables Turnover8.8212.944612.2012
Pretty Stable
Graham Number80.5676.719650.1562
Slightly volatile
Shareholders Equity Per Share32.1230.586921.4065
Slightly volatile
Debt To Equity0.530.93890.6798
Pretty Stable
Average Receivables568.4 M665.9 M719.6 M
Slightly volatile
Revenue Per Share26.8725.586117.2517
Slightly volatile
Interest Debt Per Share31.3129.81616.1898
Slightly volatile
Debt To Assets0.220.35860.2829
Slightly volatile
Enterprise Value Over EBITDA15.1214.402611.9276
Slightly volatile
Short Term Coverage Ratios2.692.83485.951
Pretty Stable
Operating Cycle71.554.562155.0531
Very volatile
Price Book Value Ratio5.725.44514.4253
Slightly volatile
Days Of Payables Outstanding34.6936.511360.3983
Very volatile
Dividend Payout Ratio0.210.36820.3188
Pretty Stable
Price To Operating Cash Flows Ratio9.6115.727215.1626
Slightly volatile
Operating Profit Margin0.280.3920.3673
Pretty Stable
Company Equity Multiplier2.662.6182.4166
Very volatile
Long Term Debt To Capitalization0.30.44960.3744
Pretty Stable
Total Debt To Capitalization0.320.48420.401
Very volatile
Return On Capital Employed0.10.13850.1428
Slightly volatile
Debt Equity Ratio0.530.93890.6798
Pretty Stable
Ebit Per Revenue0.280.3920.3673
Pretty Stable
Quick Ratio0.530.35250.4245
Very volatile
Net Income Per E B T0.620.8670.7849
Pretty Stable
Cash Ratio0.120.09430.0849
Slightly volatile
Operating Cash Flow Sales Ratio0.260.41390.3621
Slightly volatile
Days Of Inventory Outstanding31.7626.365124.3148
Very volatile
Days Of Sales Outstanding39.7428.197130.7383
Pretty Stable
Cash Flow Coverage Ratios0.330.36880.4299
Pretty Stable
Price To Book Ratio5.725.44514.4253
Slightly volatile
Fixed Asset Turnover0.460.37360.4185
Slightly volatile
Price Cash Flow Ratio9.6115.727215.1626
Slightly volatile
Enterprise Value Multiple15.1214.402611.9276
Slightly volatile
Debt Ratio0.220.35860.2829
Slightly volatile
Cash Flow To Debt Ratio0.330.36880.4299
Pretty Stable
Price Sales Ratio6.836.50945.4326
Slightly volatile
Asset Turnover0.40.31950.3655
Slightly volatile
Gross Profit Margin0.650.42490.4677
Pretty Stable
Price Fair Value5.725.44514.4253
Slightly volatile

Canadian National Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap58.5 B55.7 B57.5 B
Slightly volatile
Enterprise Value30 B28.6 B29.7 B
Slightly volatile

Canadian Fundamental Market Drivers

Forward Price Earnings22.0751

About Canadian National Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canadian National income statement, its balance sheet, and the statement of cash flows. Canadian National investors use historical funamental indicators, such as Canadian National's revenue or net income, to determine how well the company is positioned to perform in the future. Although Canadian National investors may use each financial statement separately, they are all related. The changes in Canadian National's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian National's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canadian National Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian National. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue10.8 M10.3 M
Total Revenue16.8 B10.2 B
Cost Of Revenue9.7 B10.2 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.27  0.28 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.19)(0.20)
Revenue Per Share 25.59  26.87 
Ebit Per Revenue 0.39  0.28 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian National's short interest history, or implied volatility extrapolated from Canadian National options trading.

Pair Trading with Canadian National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian National will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

  0.49FGAA-U FG Acquisition CorpPairCorr
The ability to find closely correlated positions to Canadian National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian National Railway to buy it.
The correlation of Canadian National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian National Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out the analysis of Canadian National Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Canadian National's price analysis, check to measure Canadian National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian National is operating at the current time. Most of Canadian National's value examination focuses on studying past and present price action to predict the probability of Canadian National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian National's price. Additionally, you may evaluate how the addition of Canadian National to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.