Canadian National Railway Compa CNI

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
79/100
Strong

About Canadian National Railway Compa

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port … Full CNI analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 42.4% (top 9%) and operating margin at 38.1% (top 9%) indicate strong pricing power.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.91), demonstrating pricing resilience across cycles.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Strong
91

Where CNI ranks in Railroads

Canadian National Railway Compa ranks #1 of 12 scored companies in Railroads by moat score — the top 8%. That makes it the widest moat in the group.

Moat scores for companies ranked near CNI in Railroads
# Company Moat score Rating
1 Canadian National Railway Compa CNI 79/100 Strong
2 Union Pacific Corporation UNP 77/100 Strong
3 Westinghouse Air Brake Technolo WAB 72/100 Moderate
4 Canadian Pacific Kansas City Li CP 61/100 Moderate
5 Norfolk Southern Corporation NSC 54/100 Moderate
6 CSX Corporation CSX 52/100 Moderate
7 Trinity Industries, Inc. TRN 51/100 Moderate
8 L.B. Foster Company FSTR 46/100 Developing
9 Greenbrier Companies, Inc. (The GBX 36/100 Developing

See every General Corporate company ranked by moat score →

How CNI scores on the Corporate Default defenses

Pricing Power

Score 91 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 91 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 81 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 92 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 61 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 56 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CNI's moat

What is Canadian National Railway Compa's moat score?

Canadian National Railway Compa (CNI) scores 79 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #1 of 12 scored companies in Railroads, the top 8%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 11 companies in Railroads. Its strongest defense is Capital Efficiency (92/100) and its weakest is Scale & Market Position (56/100).

How does Canadian National Railway Compa compare with other Railroads companies?

Canadian National Railway Compa ranks #1 of 12 scored companies in Railroads by moat score. That is the widest moat in Railroads. The companies ranked closest are Union Pacific Corporation (UNP) at 77 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 11 companies in Railroads. The defenses are then weighted to produce the overall score out of 100.

Why is Canadian National Railway Compa scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Canadian National Railway Compa?

The Corporate Default template measures 6 defenses, and CNI scores: Pricing Power (91), Cost Advantage (91), Customer Stickiness (81), Capital Efficiency (92), Resilience (61), Scale & Market Position (56). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000