Skip to content
MARKETS / NYSE / TFII
NYSE · TRUCKING & COURIER SERVICES (NO AIR)

TFI International Inc. TFII

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$7.9B
▼ 6.1% YoY
$310.6M
▼ 26.5% YoY
$704.6M
▲ 5.2% YoY
In brief

What this company does

TFI International Inc., through its wholly-owned subsidiaries, provides transportation solutions to clients across Canada and the United States. As at December 31, 2025, the company operated 12,927 trucks, 40,687 trailers and 6,194 independent contractors. As at December 31, 2025, the company had approximately 24,900 employees working in its business segments across Canada and the United States. Its operations are organized into three reportable segments: LTL, TL, and Logistics.

Written from the business description in TFI International Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 7.9B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 7.9 · Net income 0.3
4B8B2019202020212022202320242025
Compound annual growth
−3.6%
+15.8%
−27.7%
+2.4%
−25.6%
+4.2%
−17.3%
+41.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +15.8% a year over five years — but profit grew slower: net income at +2.4%, earnings per share at +4.2%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 7.2% · Net 3.9%
5%10%2019202020212022202320242025
ROE
FY2022 · ROE 37.1%
10%20%30%2019202020212022202320242025

Cash & shareholders
USD 376.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 704.6
250.0M500.0M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 151.1 · Net buybacks 225.8
250.0M500.0M-200.0MDividendsNet buybacks2019202020212022202320242025

USD 151.1M in dividends and USD 225.8M in buybacks — 121% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 7.5B
CashUSD 210.2M
Gross debtUSD 2.6B
Net debtUSD 2.4B
Current ratio1.03×

Not available: we don't have the shareholders' equity figure for this period.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B7.98.47.58.87.23.83.9
Operating income $B0.60.70.81.11.00.40.4
EBITDA $B1.21.31.21.61.40.70.7
Income tax $B0.10.10.20.20.20.10.1
Net income $B0.30.40.50.80.80.30.2
Free cash flow $B0.70.70.70.60.60.50.2
EPS, diluted $3.724.965.809.027.913.032.74
Dividend / sh $·······
Payout %49322412112526
ROE %···37.137.618.720.2

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 28 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 48 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityTrucking & Courier Services (No Air)
Listed onNYSE
Incorporated inoutside the United States — SEC code A8
Fiscal year endsDecember 31
Data on record since2019

Share this section

Download image