TFI International Inc. logo

TFI International Inc.

TFII

NYSEIndustrialsTrucking

Latest quote

$141.57

+$1.83 · +1.31%

Aug 21, 3:55 PM ET

TFII company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

82

Deep Value

Momentum

61

Gaining

Sentiment

60

Mixed

Risk resilience

66

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

TFI International Inc. stands as a prominent provider of transportation and logistics solutions across North America, serving the United States, Canada, and Mexico. The company's diverse operations are strategically organized into four distinct divisions. Its Package and Courier segment focuses on the collection, shipment, and final delivery of various goods. The Less-Than-Truckload (LTL) division specializes in the efficient collection, consolidation, movement, and distribution of smaller freight shipments. The Truckload (TL) segment encompasses a range of services, including expedited shipping, flatbed transport, tank container operations, and dedicated routes, alongside truckload brokerage. This division handles full truckloads, transporting goods directly from the client's origin to their destination using either standard enclosed vans or specialized equipment. Lastly, the Logistics segment delivers asset-light services such as freight brokerage, international freight forwarding, comprehensive transportation management, and last-mile small parcel delivery. As of December 31, 2021, TFI International boasted a substantial fleet, comprising 13,384 tractors and 50,091 trailers, supported by a network of 9,428 independent contractors. Formerly known as TransForce Inc. until its rebranding in December 2016, TFI International Inc. maintains its corporate headquarters in Saint-Laurent, Canada.

Industry
Trucking
Sector
Industrials
Headquarters
CA
CEO
Alain Bedard
Listed since
Nov 15, 2005
Employees
26,427

Market position

Volume
128.45K
0.35× average
Average volume
368.37K
Average daily volume
Market cap
11.62B USD
Beta
1.49
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
12.06B USD
EV / EBITDA
7.34×
Earnings yield
5.05%
Free cash flow yield
11.46%

Profitability & efficiency

Return on equity
16.24%
Return on assets
5.79%
Return on invested capital
8.71%

Financial health

Current ratio
1.03×
Altman Z-score
3.85
Piotroski F-score
9 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends19%14%8%3%Gross margin, FY2021: 15.90%Gross margin, FY2022: 17.85%Gross margin, FY2023: 16.82%Gross margin, FY2024: 14.90%Gross margin, FY2025: 12.22%Operating margin, FY2021: 13.56%Operating margin, FY2022: 13.00%Operating margin, FY2023: 10.07%Operating margin, FY2024: 8.56%Operating margin, FY2025: 6.94%Net margin, FY2021: 10.45%Net margin, FY2022: 9.34%Net margin, FY2023: 6.71%Net margin, FY2024: 5.03%Net margin, FY2025: 3.94%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.90%. Gross margin FY2022 17.85%. Gross margin FY2023 16.82%. Gross margin FY2024 14.90%. Gross margin FY2025 12.22%. Operating margin FY2021 13.56%. Operating margin FY2022 13.00%. Operating margin FY2023 10.07%. Operating margin FY2024 8.56%. Operating margin FY2025 6.94%. Net margin FY2021 10.45%. Net margin FY2022 9.34%. Net margin FY2023 6.71%. Net margin FY2024 5.03%. Net margin FY2025 3.94%.

Income trends

Revenue

11.01B USD+31.10%

Operating income

763.87M USD+6.25%

Net income

433.58M USD+2.63%
Income trends across reported periods12.07B USD7.83B USD3.6B USD−636.09M USDRevenue, FY2021: 7.22B USDRevenue, FY2022: 8.81B USDRevenue, FY2023: 7.52B USDRevenue, FY2024: 8.4B USDRevenue, FY2025: 11.01B USDOperating income, FY2021: 979.23M USDOperating income, FY2022: 1.15B USDOperating income, FY2023: 757.64M USDOperating income, FY2024: 718.96M USDOperating income, FY2025: 763.87M USDNet income, FY2021: 754.41M USDNet income, FY2022: 823.23M USDNet income, FY2023: 504.88M USDNet income, FY2024: 422.48M USDNet income, FY2025: 433.58M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.22B USD. Revenue FY2022 8.81B USD. Revenue FY2023 7.52B USD. Revenue FY2024 8.4B USD. Revenue FY2025 11.01B USD. Operating income FY2021 979.23M USD. Operating income FY2022 1.15B USD. Operating income FY2023 757.64M USD. Operating income FY2024 718.96M USD. Operating income FY2025 763.87M USD. Net income FY2021 754.41M USD. Net income FY2022 823.23M USD. Net income FY2023 504.88M USD. Net income FY2024 422.48M USD. Net income FY2025 433.58M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue11.01B USD8.4B USD7.52B USD8.81B USD7.22B USD
Cost of goods sold9.66B USD7.15B USD6.26B USD7.24B USD6.07B USD
Gross profit1.35B USD1.25B USD1.27B USD1.57B USD1.15B USD
Selling, general, and administrative581.14M USD76.31M USD84.93M USD139.4M USD104.12M USD
Operating expenses581.14M USD532.42M USD507.76M USD426.9M USD168.81M USD
Interest income2.51M USD7.35M USD8.27M USD1.68M USD2.17M USD
Interest expense226.02M USD160.14M USD90.96M USD78.15M USD75.54M USD
Depreciation and amortization852.36M USD582.07M USD441.98M USD430.59M USD393.03M USD
Operating income763.87M USD718.96M USD757.64M USD1.15B USD979.23M USD
Net income433.58M USD422.48M USD504.88M USD823.23M USD754.41M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-0.91%
11 comparable reports
Latest EPS result
1.85
Estimate 1.59 · Beat by 16.35%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.951.470.980.5Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 1.19, estimate 1.59, surprise -25.16%, Miss. Q2 2025, reported Apr 23, 2025: actual 0.76, estimate 0.95, surprise -20.00%, Miss. Q3 2025, reported Jul 28, 2025: actual 1.34, estimate 1.24, surprise +8.06%, Beat. Q4 2025, reported Oct 30, 2025: actual 1.2, estimate 1.19, surprise +0.84%, Beat. Q1 2026, reported Feb 17, 2026: actual 1.09, estimate 0.85, surprise +28.24%, Beat. Q2 2026, reported Apr 27, 2026: actual 0.69, estimate 0.59, surprise +16.95%, Beat. Q3 2026, reported Jul 27, 2026: actual 1.85, estimate 1.59, surprise +16.35%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 1.78, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.38B2.19B2B1.8BQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 2.08B USD, estimate 2.19B USD, surprise -5.12%, Miss. Q2 2025, reported Apr 23, 2025: actual 1.96B USD, estimate 2.06B USD, surprise -4.55%, Miss. Q3 2025, reported Jul 28, 2025: actual 2.04B USD, estimate 2.06B USD, surprise -0.93%, Miss. Q4 2025, reported Oct 30, 2025: actual 1.97B USD, estimate 2.02B USD, surprise -2.60%, Miss. Q1 2026, reported Feb 17, 2026: actual 1.91B USD, estimate 1.92B USD, surprise -0.41%, Miss. Q2 2026, reported Apr 27, 2026: actual 1.95B USD, estimate 1.89B USD, surprise +2.88%, Beat. Q3 2026, reported Jul 27, 2026: actual 2.29B USD, estimate 2.23B USD, surprise +2.83%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 2.21B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$174.4

23.38% upside
Past 12 months12-month forecast

Price history unavailable

High $205Average $174.4Low $150

Rating distribution

19 ratings
Strong buy00%
Buy1474%
Hold526%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

TFII news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.82

2025 complete year+89.1% since 2021

2026 partial: $0.94

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

$0.4777

Quarterly

Record Sep 30, 2026 · Payment Oct 15, 2026

Dividend

Ex-dividend Jun 30, 2026

$0.47

Quarterly

Record Jun 30, 2026 · Payment Jul 15, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.47

Quarterly

Record Mar 31, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.47

Quarterly

Record Dec 31, 2025 · Payment Jan 15, 2026

Dividend

Ex-dividend Sep 29, 2025

$0.45

Quarterly

Record Sep 30, 2025 · Payment Oct 15, 2025

Dividend

Ex-dividend Jun 30, 2025

$0.45

Quarterly

Record Jun 30, 2025 · Payment Jul 15, 2025

TFII peers

ETFs holding TFII

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research TFII

research.disclaimer