Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Canadian National Railway Company (CNI) had Cost of Goods Sold of $2.93B for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$12.38B
Net Income	$3.38B
Cost of Goods Sold	$2.93B
Gross Profit	$9.46B
Operating Expenses	$7.67B
Operating Income	$4.71B
Non-Operating Income/Expense	$-231.17M
Pre-Tax Income	$4.48B
Normalized Pre-Tax Income	$4.48B
Income after Taxes	$3.38B
Income from Continuous Operations	$3.38B
Consolidated Net Income/Loss	$3.38B
Normalized Income after Taxes	$3.38B
EBIT	$4.71B
EBITDA	$6.10B
Weighted-Average Shares Outstanding (Basic)	623.10M
Weighted-Average Shares Outstanding (Diluted)	623.70M
Earnings per Share (EPS) (Basic)	$5.42
Earnings per Share (EPS) (Diluted)	$5.42
Balance Sheet Financials
Current Assets	$1.77B
Property, Plant, and Equipment	$35.18B
Long-Term Assets	$40.14B
Total Assets	$41.91B
Current Liabilities	$2.65B
Long-Term Debt	$14.53B
Long-Term Liabilities	$23.83B
Total Liabilities	$26.47B
Common Equity	$15.44B
Tangible Shareholders Equity	$15.06B
Shareholders Equity	$15.44B
Common Shares Outstanding	613.30M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$5.04B
Cash Flow from Investing Activities	$-2.66B
Cash Flow from Financial Activities	$-2.41B
Beginning Cash	$287.00M
End Cash	$259.80M
Increase/Decrease in Cash	$-27.20M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-1.58B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.67
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.48
Debt to Equity Ratio	0.98
Gross Margin	76.35%
Operating Margin	38.07%
EBIT Margin	38.07%
EBITDA Margin	49.27%
Pre-Tax Profit Margin	36.20%
Profit Margin	27.28%
Free Cash Flow	$2.43B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.30
Inventory Turnover	5.57
Receiveable Turnover	15.49
Days Sales in Receivables	23.56
Return on Equity	21.88%
Return on Tangible Equity	22.43%
Return on Assets	8.06%
Return on Investments	11.27%
Book Value Per Share	$25.17
Free Cash Flow per Share	$3.89
Operating Cash Flow per Share	$8.09

Data from Zacks Investment Research, Inc.