The Canada Brief

Economy · 5 d ago

CN locomotives between Hinton and Jasper, Alberta

Kabelleger / David Gubler · CC BY-SA 4.0 · Wikimedia Commons

CN's third-quarter profit rises to $1.21 billion

Q3 2026

$1.21B

Q3 2025

$1.14B

Canadian National Railway earned $1.21 billion in the quarter ended Sept 30, up from $1.14 billion a year earlier, or $2.00 per diluted share.

Revenue reached $4.77 billion, up from $4.17 billion. Adjusted earnings were $2.16 per diluted share, against $1.83 a year ago.

Operating expenses as a share of revenue

Operating ratio

The operating ratio rose to 63.7 per cent from 61.4, but on an adjusted basis it fell to 61.0 per cent from 61.4.