Canadian National Railway Stock Net Income
| CNR Stock | CAD 128.04 1.34 1.04% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Canadian National's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Income | 4.4 B | 2.7 B | |
| Net Income From Continuing Ops | 4.4 B | 4.5 B | |
| Net Income Applicable To Common Shares | 4.4 B | 4.5 B | |
| Net Income Per Share | 7.02 | 7.37 | |
| Net Income Per E B T | 0.76 | 0.62 |
Canadian | Net Income |
Canadian National Railway Company Net Income Analysis
Canadian National's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Canadian National Net Income | 4.45 B |
Most of Canadian National's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian National Railway is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canadian Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Canadian National is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Net Income. Since Canadian National's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canadian National's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canadian National's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Canadian Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Canadian National Railway reported net income of 4.45 B. This is much higher than that of the Ground Transportation sector and 171.0% higher than that of the Industrials industry. The net income for all Canada stocks is significantly lower than that of the firm.
Canadian Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian National's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian National could also be used in its relative valuation, which is a method of valuing Canadian National by comparing valuation metrics of similar companies.Canadian National is currently under evaluation in net income category among its peers.
Canadian National ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian National's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Canadian Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.0775 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 101.9 B | ||||
| Shares Outstanding | 624.2 M | ||||
| Shares Owned By Insiders | 2.72 % | ||||
| Shares Owned By Institutions | 75.94 % | ||||
| Number Of Shares Shorted | 3.92 M | ||||
| Price To Earning | 28.95 X | ||||
| Price To Book | 3.78 X | ||||
| Price To Sales | 4.71 X | ||||
| Revenue | 17.05 B | ||||
| Gross Profit | 9.5 B | ||||
| EBITDA | 8.81 B | ||||
| Net Income | 4.45 B | ||||
| Cash And Equivalents | 389 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 1.17 B | ||||
| Debt To Equity | 0.73 % | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | 34.44 X | ||||
| Cash Flow From Operations | 6.7 B | ||||
| Short Ratio | 3.15 X | ||||
| Earnings Per Share | 7.25 X | ||||
| Price To Earnings To Growth | 2.17 X | ||||
| Target Price | 153.14 | ||||
| Number Of Employees | 24.91 K | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 80.76 B | ||||
| Total Asset | 57.07 B | ||||
| Retained Earnings | 18.35 B | ||||
| Working Capital | (1.36 B) | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.65 % | ||||
| Net Asset | 57.07 B | ||||
| Last Dividend Paid | 3.47 |
About Canadian National Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian National Railway's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian National Railway based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.76 | WRR | Walker River Resources | PairCorr |
| 0.53 | IGM | IGM Financial Earnings Call This Week | PairCorr |
| 0.45 | PZA | Pizza Pizza Royalty Earnings Call This Week | PairCorr |
| 0.41 | BCE | BCE Inc Earnings Call This Week | PairCorr |
| 0.37 | BBD-B | Bombardier | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.