Canadian National Railway Company CNR.TO TSX

Canadian National Railway Company (CNR.TO) generated $7.05B in operating cash flow for fiscal year 2025. After capital expenditures of $3.66B, free cash flow was $3.39B.

Free cash flow margin was 19.6% of revenue. Cash conversion ratio was 1.49x, indicating earnings are backed by cash.

The company returned $2.21B in dividends and $2.12B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (62/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (85/100) — Cash conversion ratio was 1.49x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 58/100 with 3/7 criteria passed.