Company Analysis

TFI International Inc. (TFII)

NYSE: TFII · Trucking & Courier Services (No Air) · Saint-Laurent, QC · filing with the SEC since 2012
Grade4.6
◀ Past 5.5● Present 5.3▶ Future 2.6
1 est.

The grade of TFI International Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.6/10
◀ Past5.530% of the headline
● Present5.340% of the headline
▶ Future2.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 63rd percentile among 8 sector filers · read for itself

From the record

TFI International Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+12.4% a year over 7 filed years; profitable in 7 of 7.

weight 45% of this tense · 45th percentile among 7 sector filers · read for its customers

From the record

TFI International Inc.'s 7 filed years say what it did: revenue went from $3.9 billion in fiscal 2019 to $7.9 billion in fiscal 2025, up 12.4% a year; it rose in 3 of 6 years; the deepest fall was 15% from fiscal 2022 to fiscal 2023; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.4%top 36% of its family
  • the share of years revenue rosebottom 43% of its family
  • the share of filed years with a profittop 36% of its family
  • the deepest fall from a revenue peak14.7%bottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.7/10

How has it treated the people who own it?

Share count shrank 3.0% a year. 33% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 67th percentile among 5 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, TFI International Inc.'s diluted share count shrank about 3.0% a year, and dividends and buybacks returned about 33% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 8% of its family
  • cash returned against operating cash flowbottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 64%: owes 64¢ per asset dollar.

weight 33% of this tense · 51st percentile among 8 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, TFI International Inc. earned about 12 cents of profit for every dollar of shareholders' money. Leverage: it owed about 64 cents per dollar of assets, and net share issuance: its share count shrank 2.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 19% of its family
  • return on equitybottom 44% of its family
  • the share count against the year beforetop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.6/10

How strong is its position in its industry?

top 44% of 8 in its family; net margin 3.9%.

weight 45% of this tense · 56th percentile among 8 sector filers · read for its customers

From the record

TFI International Inc.'s standing among 8 graded names in its industry family: revenue of $7.9 billion in fiscal 2025 ranks in the top 25% by size; a net margin of 3.9% ranks in the top 44%; revenue growth of -3.6% a year over the last 3 filed years ranks in the bottom 36% (its annual reports).

What it rests on

  • revenue against the family$7.88Btop 25% of its family
  • net margin3.9%top 44% of its family
  • three-year revenue growth-3.6%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 15 of 100 (universe median).

weight 22% of this tense · 50th percentile among 3816 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
universe median, 3816 readings behind it.
Confidence
15 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: TFI International Inc.'s leadership is put at 5.0 of 10 with a confidence of 15 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, and its family carries too few readings to lean on, so the desk assumes the typical reading over all 3816 companies with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

2.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.4/10

How much room does it have to grow?

bottom 44% of 8 in its family for room to expand.

weight 22% of this tense · 44th percentile among 8 sector filers · read for itself

From the record

TFI International Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $210 million against debt of $2.6 billion leaves -31.5% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is 8.9% of revenue (top 19%) (its annual report).

What it rests on

  • cash less debt against assets-31.5%bottom 6% of its family
  • cash from operations less capital spending against revenue8.9%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.6/10

What could actually drive growth from here?

bottom 26% of 7 in its family for growth drivers.

weight 45% of this tense · 26th percentile among 7 sector filers · read for its customers

From the record

TFI International Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.6% a year over the last three filed years against 12.4% over all 7, slowing (bottom 7% of its family); the newest year grew -6.1% (bottom 21%); capital spending grew -8% a year (top 50%) (its annual reports). TFI International Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-16.1 points a yearbottom 7% of its family
  • the newest year's revenue growth-6.1%bottom 21% of its family
  • three-year growth of capital spending-8.0%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.4/10

Did its newest year beat what its own record pointed to?

bottom 14% of 6 in its family for expectations against reality.

weight 33% of this tense · 14th percentile among 6 sector filers · read for its shareholders

From the record

TFI International Inc.'s newest year against its own record: revenue of $7.9 billion in fiscal 2025 came in 3.8% below the $8.2 billion its prior three years' pace pointed to (bottom 25% of its family); net income of $311 million against a prior three-year average of $584 million (bottom 8%); a net margin of 3.9% against 7% before (bottom 8%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.8%bottom 25% of its family
  • net income against the prior three years' average-47%bottom 8% of its family
  • net margin against its prior average-3.1 pointsbottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TFII · research, not advice