Data as of:
brimindinvest.com / compare / csx-vs-cniLIVE
CSX
CSX Corporation · Industrials / Railroads
$46.78
-9.62% this month
VERSUS
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CNI
Canadian National Railway Company · Industrials / Railroads
$120.93
-4.67% this month
Comparison scoreboard
CNI LEADS 3/5
AI Scorei
CSX ✓54.4
CNI 42.6
1Y Returni
CSX ✓+38.32%
CNI +33.13%
Fwd P/Ei
CSX 22.58
CNI ✓18.56
Target Up.i
CSX +3.63%
CNI ✓+16.17%
Op. Margini
CSX 38.42%
CNI ✓40.27%
Metrics last refreshed: 9/27/2026
Quick take

CSX vs CNI Stock Comparison: AI Score, Valuation, Performance and Upside

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CSX and CNI are both high-quality railroads with different geography. CSX serves the densely populated eastern United States with intermodal and industrial freight plus declining coal, and shorter average hauls. Canadian National spans Canada and reaches the Gulf of Mexico, with a grain and forest products franchise, currency exposure, and a Canadian labour environment that has produced network stoppages.

Use this CSX vs CNI comparison to think about geography and haul length. Long hauls favour rail economics, which is part of why a transcontinental network with Gulf access is valuable. CSX trades some of that for population density and port proximity in the east, with coal decline as a known headwind it continues to absorb.

Live analysis · updated 9/27/2026

CNI holds the edge across 3 of 5 key metrics in this comparison. CSX has delivered stronger 1-year price return (+38.32% vs +33.13%), though CNI has the better forward P/E setup (18.56x vs 22.58x for CSX). CNI leads on both revenue growth (11.30%) and operating margin (40.27%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for CNI (+16.17%) than for CSX (+3.63%).

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
CSX
CNI
Recent returns
CSX
CNI
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

CSX
Price target range
analyst mean$53.14
current price$46.78
+3.6% upside to analyst mean
CNI
Price target range
analyst mean$140.14
current price$120.93
+16.2% upside to analyst mean
Who should consider this stock?
CSX may suit investors who:
  • Want a dense eastern US network close to population centres and ports
  • Believe truck-to-rail intermodal conversion will continue
  • Value strong margins and consistent capital return in US dollars
  • Accept coal decline and shorter average haul economics
CNI may suit investors who:
  • Want a transcontinental network with unique three-coast reach
  • Value grain and forest product diversification
  • Appreciate a long record of operational efficiency
  • Accept Canadian dollar exposure and labour disruption risk
Performance & AI score
Performance & AI score
MetricCSXCNI
AI scorei54.442.6
AI ranki#260#839
Latest closei$46.78$120.93
1M returni-9.62%-4.67%
6M returni+17.92%+20.52%
1Y returni+38.32%+33.13%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodCSXCNI
1Y ago$13.85K (+38.5%)
started 2025-09-25
$13.54K (+35.4%)
started 2025-09-25
5Y ago$16.82K (+68.2%)
started 2021-09-27
$12.62K (+26.2%)
started 2021-09-27
10Y ago$59.97K (+499.7%)
started 2016-09-26
$28.06K (+180.6%)
started 2016-09-26

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricCSXCNI
Market capi$94.99B$72.97B
Trailing P/Ei29.8121.54
Forward P/Ei22.5818.56
Price/SalesiN/AN/A
EV/Revenuei7.795.36
Analyst targeti$53.14$140.14
Target upsidei+3.63%+16.17%
Growth, profitability & risk
Growth, profitability & risk
MetricCSXCNI
Revenue growthi10.10%11.30%
Earnings growthi22.70%10.20%
EPS growthi+22.70%+10.20%
FCF margini+13.46%+17.04%
Operating margini38.42%40.27%
Profit margini22.21%26.92%
ROIC proxyi24.36%22.02%
Return on equityi24.36%22.02%
Dividend yieldi1.09%2.16%
Payout ratioi31.40%46.28%
Dividend growth streakiNo increase yetNo increase yet
Betai1.211.00
Debt/equityi138.07103.89
Current ratioi0.820.87
Quick ratioi0.690.50
Correlation

Over the past year, CSX and CNI have moved moderately in the same direction (correlation of 0.58), based on daily returns.

1Y
0.58
-1.0+1.0
5Y
0.61
-1.0+1.0
10Y
0.61
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
CSX max drawdowni13.60%
CNI max drawdowni12.37%
CSX max wkly dropi6.42%
CNI max wkly dropi6.29%
5Y risk snapshot
CSX max drawdowni29.44%
CNI max drawdowni29.13%
CSX max wkly dropi11.25%
CNI max wkly dropi9.39%
10Y risk snapshot
CSX max drawdowni40.55%
CNI max drawdowni29.15%
CSX max wkly dropi22.55%
CNI max wkly dropi17.27%
Performance metrics by period
Performance metrics by period
PeriodMetricCSXCNI
1YGrowthi+38.48%+33.13%
CAGRi+38.55%+33.16%
Volatilityi22.25%21.76%
Sharpe ratioi1.381.22
Sortino ratioi2.211.73
Max drawdowni13.60%12.37%
Current drawdowni12.12%6.89%
Avg drawdowni3.18%2.59%
Ulcer Indexi4.42%3.76%
Max daily dropi3.81%5.93%
Max wkly dropi6.42%6.29%
5YGrowthi+60.42%+13.68%
CAGRi+9.92%+2.60%
Volatilityi23.48%22.03%
Sharpe ratioi0.330.02
Sortino ratioi0.480.03
Max drawdowni29.44%29.13%
Current drawdowni12.12%6.89%
Avg drawdowni10.85%13.31%
Ulcer Indexi12.95%15.23%
Max daily dropi6.71%6.23%
Max wkly dropi11.25%9.39%
10YGrowthi+430.55%+128.58%
CAGRi+18.17%+8.62%
Volatilityi27.74%22.68%
Sharpe ratioi0.580.28
Sortino ratioi0.870.39
Max drawdowni40.55%29.15%
Current drawdowni12.12%6.89%
Avg drawdowni8.48%9.21%
Ulcer Indexi11.00%11.87%
Max daily dropi15.55%11.66%
Max wkly dropi22.55%17.27%
AI Prediction Signali
Members only
Next 5 trading days
CSX
+2.8%BUY
CNI
+1.1%HOLD
Next 30 trading days
CSX
+6.4%BUY
CNI
+3.2%HOLD

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Business comparison
Business comparison
CategoryCSXCNI
CompanyCSX CorporationCanadian National Railway Company
SectorIndustrialsIndustrials
IndustryRailroadsRailroads
Core businessEastern US railroad serving states east of the Mississippi with a network reaching major Atlantic and Gulf ports, hauling intermodal containers, chemicals, agricultural products, metals, automotive freight, and coal.Canadian railroad with a network spanning Canada coast to coast and extending south through the United States to the Gulf of Mexico, hauling grain, forest products, petroleum and chemicals, intermodal, and metals.
Investor focusVolume by commodity group, intermodal growth, coal volumes and export pricing, operating ratio and service metrics, and capital returns.Grain and forest product volumes, intermodal traffic through Canadian ports, operating ratio, Canadian dollar effects, and labour relations.
CSX strengths
  • Dense eastern network serving a large share of the US population and major ports
  • Intermodal exposure benefits from freight shifting from truck to rail over long distances
  • Strong margins and consistent cash generation funding dividends and buybacks
CNI strengths
  • Only railroad reaching three coasts, giving unique routing options including Gulf access
  • Diversified commodity mix with strong grain and forest product franchises
  • Long record of operational efficiency and disciplined cost control
Risks to watch — CSX
  • Coal remains a meaningful volume category in structural long-term decline
  • Eastern network has shorter average hauls than western railroads, which affects economics
  • Service reliability problems attract regulatory scrutiny and customer pushback
Risks to watch — CNI
  • Results reported for US investors are affected by Canadian dollar movements
  • Canadian rail labour disputes have caused significant network stoppages
  • Grain volumes depend on harvest size, which varies with weather
Frequently asked questions
Rail's cost advantage over trucking grows with distance, because the fixed cost of loading and unloading is spread over more miles. Longer average hauls therefore produce better revenue per shipment and stronger competitive positioning. Western and transcontinental networks structurally enjoy this advantage over shorter eastern routes.
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Pairwise daily-return correlation for every combination, so you can see whether two holdings actually diversify each other or just move together.

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