CNI vs. UPS: Canadian National Railway vs. United Parcel Service Stock Comparison
How do Canadian National Railway (CNI) and United Parcel Service (UPS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Canadian National Railway (CNI) and United Parcel Service (UPS) both fall under the Transportation industry group, but CNI is classified in Ground Transportation while UPS is classified in Air Freight & Logistics.
| Profile Item | CNI | UPS |
|---|---|---|
| Name | Canadian National Railway Company | United Parcel Service, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Transportation | Transportation |
| GICS Industry | Ground Transportation | Air Freight & Logistics |
| GICS Sub-Industry | Rail Transportation | Air Freight & Logistics |
| Market Capitalization | 77.10 billion USD | 98.89 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | November 26, 1996 | November 10, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNI | UPS |
|---|---|---|
| Total Return (1Y) | 30.04% | 25.72% |
| Total Return (3Y, Annualized) | 4.47% | -9.86% |
| Total Return (5Y, Annualized) | 6.11% | -7.25% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNI | UPS |
|---|---|---|
| Volatility (1Y, Annualized) | 21.98% | 30.59% |
| Beta (5Y) | 0.96 | 1.05 |
| Max Drawdown (5Y) | -29.13% | -57.92% |
| Avg. Volume (3M) | 1.51M | 5.60M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNI | UPS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.18 | 0.71 |
| Sortino Ratio (1Y) | 1.69 | 0.96 |
Profitability
ROE (TTM)
Both Canadian National Railway (CNI) at 21.85% and United Parcel Service (UPS) at 33.35% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CNI
Transportation industry group
21.85%
- Max
- 43.37%
- CNI
- 21.85%
- Q3
- 19.94%
- Median
- 10.23%
- Q1
- 1.86%
- Min
- -18.53%
UPS
Transportation industry group
33.35%
- Max
- 43.37%
- UPS
- 33.35%
- Q3
- 19.94%
- Median
- 10.23%
- Q1
- 1.86%
- Min
- -18.53%
Net Margin (TTM)
Canadian National Railway (CNI) at 27.23% retains a top-quartile share of revenue as profit, ahead of United Parcel Service (UPS) at 5.94%, which keeps about the industry-typical share.
CNI
Transportation industry group
27.23%
- Max
- 43.82%
- CNI
- 27.23%
- Q3
- 18.75%
- Median
- 5.20%
- Q1
- 0.62%
- Min
- -9.62%
UPS
Transportation industry group
5.94%
- Max
- 43.82%
- Q3
- 18.75%
- UPS
- 5.94%
- Median
- 5.20%
- Q1
- 0.62%
- Min
- -9.62%
Operating Margin (TTM)
Canadian National Railway (CNI) at 38.41% operates in the top operating margin quartile, ahead of United Parcel Service (UPS) at 6.33%, which runs around its industry’s norm.
CNI
Transportation industry group
38.41%
- Max
- 54.53%
- CNI
- 38.41%
- Q3
- 24.38%
- Median
- 7.26%
- Q1
- 1.31%
- Min
- -33.27%
UPS
Transportation industry group
6.33%
- Max
- 54.53%
- Q3
- 24.38%
- Median
- 7.26%
- UPS
- 6.33%
- Q1
- 1.31%
- Min
- -33.27%
Profitability Metrics
| Metric | CNI | UPS |
|---|---|---|
| ROE (TTM) | 21.85% | 33.35% |
| ROA (TTM) | 7.56% | 7.19% |
| Net Margin (TTM) | 27.23% | 5.94% |
| Operating Margin (TTM) | 38.41% | 6.33% |
| Gross Margin (TTM) | 56.66% | 22.45% |
Growth
Revenue Growth
Both Canadian National Railway (CNI) at 1.51% and United Parcel Service (UPS) at -2.65% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Canadian National Railway (CNI) at 7.99% and United Parcel Service (UPS) at -2.81% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CNI | UPS |
|---|---|---|
| Revenue Growth (YoY) | 1.51% | -2.65% |
| Revenue Growth (3Y CAGR) | 0.38% | -4.04% |
| EPS Growth (YoY) | 7.99% | -2.81% |
| EPS Growth (3Y CAGR) | 0.58% | -20.79% |
Financial Strength
Current Ratio (MRQ)
United Parcel Service (UPS) at 1.21 keeps current ratio within its industry’s typical mid-range, while Canadian National Railway (CNI) at 0.67 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CNI.
CNI
Transportation industry group
0.67
- Max
- 2.26
- Q3
- 1.59
- Median
- 1.12
- Q1
- 0.78
- CNI
- 0.67
- Min
- 0.30
UPS
Transportation industry group
1.21
- Max
- 2.26
- Q3
- 1.59
- UPS
- 1.21
- Median
- 1.12
- Q1
- 0.78
- Min
- 0.30
Debt / Equity (MRQ)
Canadian National Railway (CNI) at 1.06 carries an industry-typical debt-to-equity mix, while United Parcel Service (UPS) at 1.82 uses more debt funding than most peers.
CNI
Transportation industry group
1.06
- Max
- 3.37
- Q3
- 1.62
- CNI
- 1.06
- Median
- 0.84
- Q1
- 0.36
- Min
- 0.00
UPS
Transportation industry group
1.82
- Max
- 3.37
- UPS
- 1.82
- Q3
- 1.62
- Median
- 0.84
- Q1
- 0.36
- Min
- 0.00
Financial Strength Metrics
| Metric | CNI | UPS |
|---|---|---|
| Current Ratio (MRQ) | 0.67 | 1.21 |
| Debt / Equity (MRQ) | 1.06 | 1.82 |
| Net Debt / EBITDA | 2.45 | 1.93 |
Dividends
Dividend Yield (TTM)
Canadian National Railway (CNI) at 2.82% earns its spot in the top quartile of its industry’s yields; United Parcel Service (UPS) at 5.80% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
CNI
Transportation industry group
2.82%
- Max
- 4.23%
- CNI
- 2.82%
- Q3
- 1.79%
- Median
- 0.55%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
5.80%
- UPS
- 5.80%
- Max
- 4.23%
- Q3
- 1.79%
- Median
- 0.55%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
United Parcel Service (UPS) reports payout ratio above 100% at 106.15%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Canadian National Railway (CNI) reports 47.13%, ranking against industry peers normally.
CNI
Transportation industry group
47.13%
- Max
- 106.15%
- CNI
- 47.13%
- Q3
- 44.94%
- Median
- 20.02%
- Q1
- 0.00%
- Min
- 0.00%
UPS
Transportation industry group
106.15%
- UPS
- 106.15%
- Max
- 106.15%
- Q3
- 44.94%
- Median
- 20.02%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNI | UPS |
|---|---|---|
| Dividend Yield (TTM) | 2.82% | 5.80% |
| Dividend Payout Ratio (TTM) | 47.13% | 106.15% |
Valuation
P/E Ratio (TTM)
Both Canadian National Railway (CNI) at 23.71 and United Parcel Service (UPS) at 18.32 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CNI
Transportation industry group
23.71
- Max
- 94.71
- Q3
- 46.51
- CNI
- 23.71
- Median
- 23.58
- Q1
- 14.12
- Min
- 1.16
UPS
Transportation industry group
18.32
- Max
- 94.71
- Q3
- 46.51
- Median
- 23.58
- UPS
- 18.32
- Q1
- 14.12
- Min
- 1.16
P/S Ratio (TTM)
United Parcel Service (UPS) at 1.12 is priced about in line with its industry on P/S ratio, while Canadian National Railway (CNI) at 4.46 sits in the pricier quartile — CNI costs more per dollar of sales.
CNI
Transportation industry group
4.46
- CNI
- 4.46
- Max
- 4.46
- Q3
- 2.30
- Median
- 1.35
- Q1
- 0.62
- Min
- 0.07
UPS
Transportation industry group
1.12
- Max
- 4.46
- Q3
- 2.30
- Median
- 1.35
- UPS
- 1.12
- Q1
- 0.62
- Min
- 0.07
P/B Ratio (MRQ)
Both Canadian National Railway (CNI) at 5.06 and United Parcel Service (UPS) at 6.09 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
CNI
Transportation industry group
5.06
- Max
- 9.10
- CNI
- 5.06
- Q3
- 4.59
- Median
- 2.21
- Q1
- 1.23
- Min
- -2.48
UPS
Transportation industry group
6.09
- Max
- 9.10
- UPS
- 6.09
- Q3
- 4.59
- Median
- 2.21
- Q1
- 1.23
- Min
- -2.48
Valuation Metrics
| Metric | CNI | UPS |
|---|---|---|
| P/E Ratio (TTM) | 23.71 | 18.32 |
| P/S Ratio (TTM) | 4.46 | 1.12 |
| P/B Ratio (MRQ) | 5.06 | 6.09 |
| Free Cash Flow Yield (TTM) | 3.37% | 4.68% |