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Canadian (TSX) Cargo Ground Transportation Industry Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies2
  • 7D3.6%
  • 3M19.0%
  • 1Y77.7%
  • YTDn/a

In the last week, the Cargo Ground Transportation industry is up 2.7%, with all of the companies up. In the last 12 months, the industry was up 77%. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the Canadian Cargo Ground Transportation Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jul 2026CA$20.0bCA$13.3bCA$514.5m34.3x38.8x1.5x
Fri, 19 Jun 2026CA$18.8bCA$13.3bCA$515.5m31.1x36.6x1.4x
Sun, 17 May 2026CA$18.0bCA$13.0bCA$504.1m30.4x35.7x1.4x
Tue, 14 Apr 2026CA$15.7bCA$13.0bCA$519.3m26.1x30.2x1.2x
Thu, 12 Mar 2026CA$14.0bCA$12.8bCA$513.0m23.5x27.3x1.1x
Sat, 07 Feb 2026CA$15.2bCA$13.1bCA$541.9m24.1x28.1x1.2x
Mon, 05 Jan 2026CA$13.6bCA$13.2bCA$544.4m21.4x24.9x1x
Wed, 03 Dec 2025CA$11.7bCA$13.3bCA$552.5m18.2x21.1x0.9x
Fri, 31 Oct 2025CA$11.6bCA$13.7bCA$610.4m16.3x18.9x0.8x
Sun, 28 Sep 2025CA$11.5bCA$13.6bCA$613.6m16.1x18.7x0.8x
Tue, 26 Aug 2025CA$12.3bCA$13.5bCA$610.9m16.7x20.2x0.9x
Thu, 24 Jul 2025CA$11.5bCA$13.6bCA$632.1m15.5x18.2x0.8x
Sat, 21 Jun 2025CA$11.4bCA$13.7bCA$637.7m15.3x17.9x0.8x
Mon, 19 May 2025CA$11.9bCA$13.9bCA$647.0m15.6x18.3x0.9x
Wed, 16 Apr 2025CA$10.4bCA$13.7bCA$702.3m12.6x14.7x0.8x
Fri, 14 Mar 2025CA$11.2bCA$14.1bCA$722.1m13.2x15.6x0.8x
Sun, 09 Feb 2025CA$16.9bCA$13.8bCA$794.0m16.7x21.3x1.2x
Tue, 07 Jan 2025CA$17.6bCA$13.9bCA$796.5m17.6x22.2x1.3x
Thu, 05 Dec 2024CA$19.4bCA$13.6bCA$783.8m19.3x24.7x1.4x
Sat, 02 Nov 2024CA$17.1bCA$13.6bCA$778.8m17.3x21.9x1.3x
Mon, 30 Sep 2024CA$17.0bCA$12.8bCA$766.1m17.2x22.2x1.3x
Wed, 28 Aug 2024CA$18.6bCA$12.7bCA$762.7m18.4x24.3x1.5x
Fri, 26 Jul 2024CA$19.0bCA$12.4bCA$798.9m18.6x23.8x1.5x
Sun, 23 Jun 2024CA$17.0bCA$12.3bCA$792.6m16.3x21.4x1.4x
Tue, 21 May 2024CA$16.5bCA$12.2bCA$788.6m16x20.9x1.3x
Thu, 18 Apr 2024CA$18.1bCA$12.4bCA$832.0m16.7x21.7x1.5x
Sat, 16 Mar 2024CA$18.6bCA$12.2bCA$820.6m17.3x22.6x1.5x
Mon, 12 Feb 2024CA$17.5bCA$12.1bCA$848.3m15.9x20.7x1.4x
Wed, 10 Jan 2024CA$16.4bCA$12.1bCA$874.9m14.4x18.8x1.4x
Fri, 08 Dec 2023CA$14.4bCA$12.2bCA$885.3m12.8x16.3x1.2x
Sun, 05 Nov 2023CA$14.5bCA$12.3bCA$889.2m12.8x16.3x1.2x
Tue, 03 Oct 2023CA$16.2bCA$12.7bCA$1.0b12x15.5x1.3x
Thu, 31 Aug 2023CA$17.0bCA$12.6bCA$1.0b13x16.5x1.3x
Sat, 29 Jul 2023CA$15.6bCA$13.2bCA$1.2b11.1x12.9x1.2x
Price to Earnings Ratio

12.9x


Total Market Cap: CA$15.6bTotal Earnings: CA$1.2bTotal Revenue: CA$13.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Cargo Ground Transportation Industry Price to Earnings3Y Average 22x202420252026
Current Industry PE
    There are only 2 companies in the Canadian Cargo Ground Transportation industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Cargo Ground Transportation industry have declined 25% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Cargo Ground Transportation compare with similar industries?

CA Market0.17%
Industrials1.04%
Transportation1.33%
Cargo Ground Transportation3.56%
Trucking7.84%
Railroads1.13%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TFII TFI InternationalCA$216.303.0%
+CA$516.1m		76.9%PE42.3x
MTL Mullen GroupCA$25.717.8%
+CA$179.9m		83.6%PE26.2x

Latest News

MTL
CA$25.71
Mullen Group
7D
7.8%
1Y
83.6%
TFII
CA$216.30
TFI International
7D
3.0%
1Y
76.9%
Narrative Update • Jul 21

TFII: Tighter Truckload Capacity And Contract Rates Will Drive Earnings Recovery

Analysts have raised their CA$ price targets on TFI International and now see fair value at about CA$260.01, citing expectations for material earnings growth supported by tighter freight capacity, contract rate exposure, and Q2 guidance that several firms describe as achievable, with potential upside into 2027. Analyst Commentary Recent Street research on TFI International points to a cluster of higher price targets and ratings upgrades, with several firms highlighting tighter freight capacity, contract rate exposure, and Q2 guidance as key parts of the thesis.