TFI International Inc. (TFII) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Feb 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TFII SEC filings page.
TFI International Inc. (TFII) reported $7.9B in revenue for fiscal year 2025, down 6.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
TFI's cash generation remains resilient, but falling profit and rising leverage have made the balance sheet increasingly goodwill-weighted.
Net income fell from$823M in FY2022 to$311M in FY2025, while operating cash flow stayed close to$1B . That widening separation means profitability and cash output are no longer moving together, so earnings alone provide a less complete view of operating performance.
In FY2025, free cash flow reached
Total assets expanded from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of TFI International Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for TFI International Inc., and counted as zero in the overall score.
TFI International Inc.'s revenue declined 6.1% year-over-year, from $8.4B to $7.9B. This contraction results in a growth score of 39/100.
TFI International Inc. carries a low D/E ratio of 0.18, meaning only $0.18 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 76/100, indicating a strong balance sheet with room for future borrowing.
TFI International Inc.'s current ratio of 1.03 is below the typical benchmark, resulting in a score of 20/100. This tight liquidity could limit financial flexibility if cash inflows slow.
TFI International Inc. has a free cash flow margin of 8.9%, earning a moderate score of 61/100. The company generates positive cash flow after capital investments, but with room for improvement.
Not available for TFI International Inc., and counted as zero in the overall score.
TFI International Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, TFI International Inc. generates $3.15 in operating cash flow ($977.8M OCF vs $310.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
TFI International Inc. held $210.2M in cash against $472.5M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
TFII Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
TFII Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2540-F | Q4'2440-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $7.5B+4.8% | $7.2B+14.0% | $6.3B+14.1% | $5.5B-6.4% | $5.9B+52.9% | $3.8B+9.6% | $3.5B |
| Current Assets | $1.2B+16.6% | $1.0B-22.4% | $1.3B+5.7% | $1.3B+8.7% | $1.2B+78.0% | $652.8M+24.0% | $526.6M |
| Cash & Equivalents | $210.2M | $0-100.0% | $335.6M+128.1% | $147.1M+662.6% | $19.3M+349.0% | $4.3M | $0 |
| Inventory | $19.5M+8.7% | $18.0M-25.0% | $24.0M-0.9% | $24.2M-0.9% | $24.4M+178.5% | $8.8M-17.8% | $10.7M |
| Accounts Receivable | $881.4M-5.0% | $927.7M+3.7% | $894.8M-13.2% | $1.0B-2.4% | $1.1B+76.6% | $597.9M+32.2% | $452.2M |
| Goodwill | $2.9B+8.4% | $2.6B+30.9% | $2.0B+3311.7% | $59.2M+20.2% | $49.2M-71.6% | $173.3M+179.0% | $62.1M |
| Total Liabilities | $4.8B+7.5% | $4.5B+21.7% | $3.7B+21.3% | $3.0B-14.8% | $3.6B+73.6% | $2.1B-12.4% | $2.3B |
| Current Liabilities | $1.2B+14.9% | $1.0B-4.5% | $1.1B+10.3% | $966.7M-31.3% | $1.4B+115.0% | $654.5M+34.2% | $487.6M |
| Non-Current Liabilities | $3.7B+5.4% | $3.5B+32.3% | $2.6B+26.5% | $2.1B-4.2% | $2.2B+54.3% | $1.4B-24.6% | $1.9B |
| Long-Term Debt | $472.5M+12.2% | $421.2M+26.6% | $332.8M+12.0% | $297.1M-5.3% | $313.9M+17.3% | $267.5M-4.2% | $279.3M |
| Total Equity | $2.7B+0.2% | $2.7B+3.2% | $2.6B+5.2% | $2.5B+6.6% | $2.3B+29.2% | $1.8B+54.5% | $1.2B |
| Retained Earnings | $1.8B-3.3% | $1.8B+11.6% | $1.6B+5.2% | $1.6B+22.1% | $1.3B+59.6% | $803.5M+26.7% | $634.2M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
TFII Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
TFII Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| TFI International Inc. TFII | FY2025 | $7.9B | $310.6M | 3.9% | $9.3B | 33/100 |
| Saia, Inc. SAIA | FY2025 | $3.2B | $255.0M | 7.9% | $9.0B | 58/100 |
| Knight-Swift Transportation Holdings Inc. KNX | FY2025 | $7.5B | $65.9M | 0.9% | $10.5B | 29/100 |
| Schneider National, Inc. SNDR | FY2025 | $5.7B | $103.6M | 1.8% | $5.5B | 51/100 |
| RXO, Inc. RXO | FY2025 | $5.7B | -$100.0M | -1.7% | $4.8B | 33/100 |
| XPO, Inc. XPO | FY2025 | $8.2B | $316.0M | 3.9% | $21.5B | 39/100 |
Where TFI International Inc. Ranks
Frequently Asked Questions
What is TFI International Inc.'s annual revenue?
TFI International Inc. (TFII) reported $7.9B in total revenue for fiscal year 2025. This represents a -6.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is TFI International Inc.'s revenue growing?
TFI International Inc. (TFII) revenue declined by 6.1% year-over-year, from $8.4B to $7.9B in fiscal year 2025.
Is TFI International Inc. profitable?
Yes, TFI International Inc. (TFII) reported a net income of $310.6M in fiscal year 2025, with a net profit margin of 3.9%.
How much debt does TFI International Inc. have?
As of fiscal year 2025, TFI International Inc. (TFII) had $210.2M in cash and equivalents against $472.5M in long-term debt.
What is TFI International Inc.'s net profit margin?
TFI International Inc. (TFII) had a net profit margin of 3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is TFI International Inc.'s return on equity (ROE)?
TFI International Inc. (TFII) has a return on equity of 11.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is TFI International Inc.'s free cash flow?
TFI International Inc. (TFII) generated $704.6M in free cash flow during fiscal year 2025. This represents a 5.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is TFI International Inc.'s operating cash flow?
TFI International Inc. (TFII) generated $977.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are TFI International Inc.'s total assets?
TFI International Inc. (TFII) had $7.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are TFI International Inc.'s capital expenditures?
TFI International Inc. (TFII) invested $273.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is TFI International Inc.'s current ratio?
TFI International Inc. (TFII) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.
What is TFI International Inc.'s debt-to-equity ratio?
TFI International Inc. (TFII) had a debt-to-equity ratio of 0.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TFI International Inc.'s return on assets (ROA)?
TFI International Inc. (TFII) had a return on assets of 4.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is TFI International Inc.'s P/E ratio?
TFI International Inc. (TFII) trades at 29.9x earnings, its market capitalization divided by net income of $310.6M net income, FY2025. The market capitalization is $9.3B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TFI International Inc.'s price-to-sales ratio?
TFI International Inc. (TFII) trades at 1.2x sales, its market capitalization divided by revenue of $7.9B revenue, FY2025. The market capitalization is $9.3B as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TFI International Inc.'s Piotroski F-Score?
TFI International Inc. (TFII) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TFI International Inc.'s earnings high quality?
TFI International Inc. (TFII) has an earnings quality ratio of 3.15x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is TFI International Inc.?
TFI International Inc. (TFII) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.