This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
5/2/2025
CN yesterday reported first-quarter 2025 revenue increased 4% to C$4.4 billion, operating income rose 4% to C$1.6 billion and net income climbed 9% to C$1.2 billion compared to financial results in first-quarter 2024.
The Class I posted Q1 2025 diluted earnings per share of C$1.85, an 8% increase, according to a CN press release. Revenue ton miles rose 1% to 60 million.
The railroad's operating ratio, defined as operating expenses as a percentage of revenue, was 63.4% in the quarter compared to 63.6% a year ago.
"Our team delivered a strong performance this quarter through tight cost control and disciplined adherence to our plan, mitigating the impact of winter conditions," said President and CEO Tracy Robinson. "In the context of a volatile macroeconomic and geopolitical environment, we will remain focused on agility and customer collaboration."
In 2025, CN continues to expect adjusted diluted EPS growth of 10% to 15% and plans to invest C$3.4 billion in its capital program, company officials said.
"While CN's 2025 guidance and 2024-2026 financial outlook remain unchanged, the company notes there is a heightened recessionary risk related to tariffs and trade actions taken by various countries," CN officials said.