TFII revenueFY2025$7.88B
- FY YoY
- -6.1%
- 5Y CAGR
- +15.8%
TFII revenue was $7.88B for fiscal 2025 (ended Dec 31, 2025), down 6.1% from fiscal 2024. Compound annual growth was +15.8% over 5 years. It rose in 3 of the last 6 fiscal years.
TFI International Inc. (TFII) financials
For fiscal 2025 (ended Dec 31, 2025), TFI International Inc. reported $7.88B of revenue and $310.55M of net income.
- Revenue, FY2025
- $7.88B
- Revenue growth, YoY
- -6.1%
- Net income, FY2025
- $310.55M
- Net income growth, YoY
- -26.5%
- Net margin
- 3.9%
- Free cash flow, FY2025
- $704.57M
- EPS, diluted, FY2025
- $3.72
- EPS growth, YoY
- -25.0%
- Cash
- $210.19M
- Total debt
- $2.58B
- P/E
- 25.13
- P/S
- 0.99
- Market cap
- $7.80B
FY2019FY2025
FY2019FY2025
FY2019FY2025
TFII revenue and earnings growth
TFII net incomeFY2025$310.55M
- FY YoY
- -26.5%
- 5Y CAGR
- +2.4%
TFII net income was $310.55M for fiscal 2025 (ended Dec 31, 2025), down 26.5% from fiscal 2024. Compound annual growth was +2.4% over 5 years. It rose in 2 of the last 6 fiscal years.
TFII EPSFY2025$3.72
- FY YoY
- -25.0%
- 5Y CAGR
- +4.2%
TFII diluted EPS was $3.72 for fiscal 2025 (ended Dec 31, 2025), down 25.0% from fiscal 2024. Compound annual growth was +4.2% over 5 years.
TFII free cash flowFY2025$704.57M
- FY YoY
- +5.2%
- 5Y CAGR
- +8.5%
TFII free cash flow was $704.57M for fiscal 2025 (ended Dec 31, 2025), up 5.2% from fiscal 2024. Compound annual growth was +8.5% over 5 years. It rose in each of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.88B | $8.40B | $7.52B | $8.81B | $7.22B | $3.78B | $3.90B |
| Operating income | $565.32M | $718.96M | $757.63M | $1.15B | $979.23M | $416.57M | $382.87M |
| Interest expense | $162.27M | $172.00M | $89.48M | -$82.15M | -$78.14M | $56.69M | $64.39M |
| Pre-tax income | $405.36M | $560.72M | $676.76M | $1.07B | $906.21M | $362.66M | $320.76M |
| Income tax | $94.81M | $138.24M | $171.89M | $242.41M | $151.81M | $86.98M | $76.54M |
| Net income | $310.55M | $422.48M | $504.88M | $823.23M | $823.23M | $275.68M | $233.68M |
| EPS, basic | $3.74 | $5.00 | $5.88 | $9.21 | $8.11 | $3.09 | $2.80 |
| EPS, diluted | $3.72 | $4.96 | $5.80 | $9.02 | $7.91 | $3.03 | $2.74 |
| Diluted shares | 83.4M | 85.2M | 87.1M | 91.3M | 95.3M | 90.9M | 85.4M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $210.19M | $0 | $335.56M | $147.12M | $19.29M | $4.30M | $0 |
| Receivables | $881.43M | $927.65M | $894.77M | $1.03B | $1.06B | $597.87M | $452.24M |
| Inventory | $19.53M | $17.96M | $23.96M | $24.18M | $24.40M | $8.76M | $10.66M |
| Current assets | $1.21B | $1.04B | $1.34B | $1.26B | $1.16B | $652.77M | $526.58M |
| Goodwill | - | - | - | $59.19M | $49.22M | $173.32M | $62.12M |
| Total assets | $7.51B | $7.17B | $6.28B | $5.51B | $5.88B | $3.85B | $3.51B |
| Current liabilities | $1.17B | $1.02B | $1.07B | $966.68M | $1.41B | $654.46M | $487.62M |
| Short-term debt | $222.50M | $93.45M | $174.35M | $37.09M | $363.59M | $43.00M | $41.30M |
| Long-term debt | $2.36B | $2.31B | $1.71B | $1.28B | $1.24B | $829.55M | $1.30B |
| Total debt | $2.58B | $2.40B | $1.88B | $1.32B | $1.61B | $872.54M | $1.34B |
| Total liabilities | $4.83B | $4.49B | $3.69B | $3.04B | $3.57B | $2.06B | $2.35B |
| Shareholders' equity | $2.68B | $2.67B | $2.59B | $2.46B | $2.31B | $1.79B | $1.16B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $977.79M | $1.06B | $1.01B | $971.64M | $855.35M | $610.86M | $488.47M |
| Capital expenditures | $273.22M | $392.82M | $361.56M | $350.82M | $268.66M | $142.71M | $261.30M |
| Free cash flow | $704.57M | $669.83M | $652.28M | $620.82M | $586.70M | $468.15M | $227.18M |
| Dividends paid | $151.09M | $133.93M | $121.09M | $97.32M | $85.39M | $67.60M | $60.48M |
| Share repurchases | $225.81M | $76.62M | $288.02M | $567.98M | $198.15M | $38.02M | $192.46M |
| Stock-based compensation | $15.15M | $11.07M | $13.45M | $14.65M | $15.42M | $7.05M | $6.23M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -6.1% | 11.6% | -14.7% | 22.0% | 91.0% | -3.1% | - |
| Net income growth, YoY | -26.5% | -16.3% | -38.7% | 0.0% | 198.6% | 18.0% | - |
| EPS growth, YoY | -25.0% | -14.5% | -35.7% | 14.0% | 161.1% | 10.6% | - |
| Operating margin | 7.2% | 8.6% | 10.1% | 13.0% | 13.6% | 11.0% | 9.8% |
| Net margin | 3.9% | 5.0% | 6.7% | 9.3% | 11.4% | 7.3% | 6.0% |
| Free cash flow margin | 8.9% | 8.0% | 8.7% | 7.0% | 8.1% | 12.4% | 5.8% |
| Return on equity | 11.6% | 15.8% | 19.5% | 33.4% | 35.6% | 15.4% | 20.2% |
| Return on assets | 4.1% | 5.9% | 8.0% | 15.0% | 14.0% | 7.2% | 6.7% |
| Current ratio | 1.03 | 1.02 | 1.25 | 1.31 | 0.83 | 1.00 | 1.08 |
| Debt to equity | 0.96 | 0.90 | 0.73 | 0.53 | 0.70 | 0.49 | 1.16 |
Source: XBRL data TFI International Inc. files with the SEC, latest filing dated Feb 17, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
TFII peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| TFII | $7.88B | -6.1% | $310.55M | 3.9% | $7.80B |
| UPS | $91.37B | +2.1% | $4.42B | 4.8% | $92.21B |
| ODFL | $5.79B | +3.8% | $1.16B | 20.1% | $33.98B |
| JBHT | $13.33B | +10.6% | $676.07M | 5.1% | $20.28B |
| ZTO | CN¥49.10B | +10.9% | CN¥9.08B | 18.5% | $16.01B |
| KNX | $8.00B | +7.0% | $153.34M | 1.9% | $9.51B |
| SAIA | $3.54B | +9.3% | $283.09M | 8.0% | $8.86B |
| SNDR | $5.95B | +6.0% | $141.70M | 2.4% | $4.88B |
| LSTR | $5.29B | +10.7% | $160.38M | 3.0% | $4.83B |
TFII FAQ
8 questionsWhat is TFII revenue?
TFI International Inc. (TFII) reported $7.88B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 6.1% from the year before.Is TFII profitable?
Yes. TFI International Inc. earned $310.55M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 3.9%.How much cash and debt does TFII have?
TFI International Inc. reported $210.19M in cash and cash equivalents and $2.58B of debt on its most recent balance sheet in SEC filings.How fast is TFII revenue growing?
TFI International Inc.'s revenue changed -6.1% in fiscal 2025, to $7.88B. Its compound annual growth rate was +15.8% over 5 years.What is TFII free cash flow?
TFI International Inc. generated $704.57M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $977.79M less capital expenditures.What is TFII earnings per share?
Diluted earnings per share were $3.72 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did TFII last report financial results?
The latest statements here come from TFI International Inc.'s 40-F filed on Feb 17, 2026, covering the period ended Dec 31, 2025.Where does this TFII financial data come from?
Quantisnow builds these statements from the structured XBRL data TFI International Inc. files with the SEC. It is provided for information only and is not investment advice.