TFI International (TFII) Stock Overview
Provides transportation and logistics services in the United States, Canada, and Mexico. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
TFII Community Fair Values
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Analyst Price Targets
TFI International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$224.37 |
| 52 Week High | CA$233.85 |
| 52 Week Low | CA$113.72 |
| Beta | 1.46 |
| 1 Month Change | 15.71% |
| 3 Month Change | 62.35% |
| 1 Year Change | 81.13% |
| 3 Year Change | 60.72% |
| 5 Year Change | 100.26% |
| Change since IPO | 17,566.93% |
Recent News & Updates
Narrative Update • Jun 07
TFII: Tight Truckload Capacity And Upcycle Expectations Will Likely Cap Future Upside
Analysts have raised the TFI International fair value estimate from CA$139.00 to CA$157.91. This change reflects updated assumptions around a tighter truckload market, steadier demand trends, and revised expectations for revenue growth, profit margins, and future P/E levels.Narrative Update • May 24
TFII: Rebased Street Expectations And Execution Risks Will Likely Cap Future Upside
Analysts have nudged their fair value estimate for TFI International slightly higher to about CA$139 per share, reflecting modest adjustments to revenue growth, profit margin, discount rate, and future P/E assumptions in light of a series of recent CA$15 to CA$28 price target increases across the Street. Analyst Commentary While most recent research has pointed to higher fair value estimates and price targets for TFI International, not every voice on the Street is positive.Narrative Update • May 07
TFII: Soft Freight Volumes And Low Q1 Guide Will Restrain Future Upside
Analysts have lifted the fair value estimate for TFI International to CA$138.85 from CA$119.32, reflecting updated views on revenue growth, profit margins, a lower future P/E, and a series of recent price target increases across the Street. Analyst Commentary Recent research has leaned constructive on TFI International, with several large firms lifting price targets and, in some cases, upgrading ratings after Q4 and early 2026 updates.Recent updates
Narrative Update • Jun 07
TFII: Tight Truckload Capacity And Upcycle Expectations Will Likely Cap Future Upside
Analysts have raised the TFI International fair value estimate from CA$139.00 to CA$157.91. This change reflects updated assumptions around a tighter truckload market, steadier demand trends, and revised expectations for revenue growth, profit margins, and future P/E levels.Narrative Update • May 24
TFII: Rebased Street Expectations And Execution Risks Will Likely Cap Future Upside
Analysts have nudged their fair value estimate for TFI International slightly higher to about CA$139 per share, reflecting modest adjustments to revenue growth, profit margin, discount rate, and future P/E assumptions in light of a series of recent CA$15 to CA$28 price target increases across the Street. Analyst Commentary While most recent research has pointed to higher fair value estimates and price targets for TFI International, not every voice on the Street is positive.Narrative Update • May 07
TFII: Soft Freight Volumes And Low Q1 Guide Will Restrain Future Upside
Analysts have lifted the fair value estimate for TFI International to CA$138.85 from CA$119.32, reflecting updated views on revenue growth, profit margins, a lower future P/E, and a series of recent price target increases across the Street. Analyst Commentary Recent research has leaned constructive on TFI International, with several large firms lifting price targets and, in some cases, upgrading ratings after Q4 and early 2026 updates.Analysis Article • Apr 30
Results: TFI International Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
A week ago, TFI International Inc. ( TSE:TFII ) came out with a strong set of first-quarter numbers that could...Narrative Update • Apr 20
TFII: Soft Freight Volumes And Subdued Guidance Will Cap Near Term Upside
Analysts have nudged the TFI International fair value estimate higher to CA$119.32 from CA$119.05, reflecting modestly stronger revenue growth assumptions, a slightly lower discount rate, and updated views on freight cycle recovery and less than truckload execution. Analyst Commentary Street research on TFI International has been active, with a mix of higher and lower price targets reflecting different views on freight recovery, execution in less than truckload, and the risk that near term guidance lags investor expectations.
Narrative Update • Apr 06
TFII: Freight Cycle Recovery And U.S. LTL Margin Progress Will Drive Upside
Analysts have trimmed the TFI International fair value estimate slightly to CA$194.26 from CA$195.63, reflecting updated assumptions for discount rate, modestly higher revenue growth and margins, and a lower future P/E. Recent Street research highlights a mix of higher price targets and one reduced target following Q4 results and outlook commentary.Narrative Update • Mar 23
TFII: Freight Recovery Uncertainty And Soft Volumes Will Limit Near Term Upside
Analysts have adjusted their fair value estimate for TFI International to CA$119.05 from CA$122.72, as higher price targets are balanced against updated assumptions for discount rate, revenue growth, profit margins, and future P/E, informed by recent research pointing to cautious Q1 guidance but potential benefits from freight cycle recovery and less than truckload improvements. Analyst Commentary Recent research on TFI International points to a mixed tone.Narrative Update • Mar 07
TFII: Freight Cycle Recovery And LTL Margin Gains Will Drive Upside
Our fair value estimate for TFI International has shifted higher to CA$195.63 from CA$170.17 as analysts lift price targets following a Q4 beat, ongoing discussions with management, and growing confidence in freight cycle recovery potential and less than truckload margin improvement, partially balanced by some more cautious views on near term guidance. Analyst Commentary Recent research updates around TFI International show a generally constructive tone, with several bullish analysts lifting price targets and highlighting potential upside tied to execution in less than truckload operations, freight cycle exposure, and cash generation.
Narrative Update • Feb 21
TFII: Freight Cycle Recovery And Margin Resilience Will Shape Balanced Forward Outlook
Analysts recently nudged their blended CA$ price target for TFI International higher, reflecting updated views that factor in a slightly higher fair value estimate of CA$161.47, modestly adjusted revenue growth and discount rate assumptions, and somewhat stronger projected profit margins and future P/E multiples, supported by a wave of target increases across firms following recent Q4 results and cautious Q1 guidance. Analyst Commentary Recent research on TFI International clusters around a mixed but generally constructive view, with many firms adjusting price targets higher following the latest Q4 print and updated Q1 guidance.Narrative Update • Feb 07
TFII: Tighter Capacity And Margin Recovery Expectations Will Shape Freight Cycle Outlook
Analysts have lifted their price targets on TFI International, reflected in our fair value estimate rising from $146.89 to $153.95. They point to tightening industry capacity, regulation-driven supply attrition, and expectations for margin improvement supported by a higher assumed future P/E of 21.21 and a slightly stronger profit margin.Narrative Update • Jan 24
TFII: Freight Softness And Q4 Guidance Reset Will Likely Cap Near-Term Upside
Analysts have lifted their price targets on TFI International, and our fair value estimate now sits at about US$122.72. This reflects updated views on freight capacity tightening, regulatory-driven supply exits and the potential for improved margins into 2026.Narrative Update • Jan 09
TFII: Freight Cycle Recovery And Capital Returns Will Balance Near Term Softness
Analysts have lifted their implied fair value estimate for TFI International by about $2.74 to roughly $146.89 per share. This reflects updated assumptions for slightly faster revenue growth, a somewhat lower discount rate and a modestly higher future P/E multiple, in line with a series of recent price target increases across the Street.Narrative Update • Dec 26
TFII: Extended Freight Downturn Will Likely Cap Upside Despite 2026 Recovery Hopes
TFI International's analyst price target has edged higher as modestly stronger long term freight cycle expectations and improving service metrics lead analysts to slightly lift revenue growth assumptions and valuation multiples, despite near term earnings pressure. Analyst Commentary Analyst sentiment around TFI International remains mixed, with modest upward revisions to some price targets offset by a series of cuts that reflect ongoing concern about near term earnings pressure and the timing of a freight cycle recovery.Analysis Article • Dec 18
Earnings Not Telling The Story For TFI International Inc. (TSE:TFII) After Shares Rise 25%
TFI International Inc. ( TSE:TFII ) shares have had a really impressive month, gaining 25% after a shaky period...Narrative Update • Dec 12
TFII Earnings Trough And Freight Recovery Expectations Will Likely Restrain Near-Term Upside
Analysts have modestly raised their price target on TFI International from approximately $97 to about $111, citing expectations for a freight cycle recovery into 2026 and improving TForce Freight service metrics, despite near term earnings headwinds. Analyst Commentary Recent Street research on TFI International reflects a mixed backdrop, with several Bearish analysts trimming price targets in response to softer near term fundamentals and management's conservative outlook.Analysis Article • Nov 23
Here's What To Make Of TFI International's (TSE:TFII) Decelerating Rates Of Return
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • Oct 29
Should You Think About Buying TFI International Inc. (TSE:TFII) Now?
TFI International Inc. ( TSE:TFII ), might not be a large cap stock, but it saw significant share price movement during...Narrative Update • Oct 18
Cross-Border Freight And Digital Efficiency Will Drive Long-term Value
Analysts have modestly lowered their price targets for TFI International, with recent Street research reflecting a small reduction in the consensus fair value. This is largely due to tempered revenue growth expectations and ongoing uncertainty in demand trends.Narrative Update • Oct 04
Cross-Border Freight And Digital Efficiency Will Drive Long-term Value
TFI International's fair value estimate has increased modestly from $141.04 to $145.13. Analysts are factoring in a mix of slightly higher discount rates along with conservative revenue and profit margin expectations, reflecting recent adjustments in target prices amid a stabilizing demand outlook.Analysis Article • Oct 02
Here's Why TFI International (TSE:TFII) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Sep 19
TFI International Inc.'s (TSE:TFII) Price In Tune With Earnings
TFI International Inc.'s ( TSE:TFII ) price-to-earnings (or "P/E") ratio of 21.3x might make it look like a sell right...Narrative Update • Sep 10
Cross-Border Freight And Digital Efficiency Will Drive Long-term Value
The upward revision in TFI International’s price target to CA$141.04 reflects stable pricing in core segments, improving profitability from self-help initiatives, and sector-wide valuation expansion, tempered by demand uncertainty and trade policy risks. Analyst Commentary Mixed expectations for Q2 performance, with some analysts noting seasonally stronger Less-Than-Truckload (LTL) margins but expressing caution due to a choppy demand backdrop and overall sub-seasonal trends.Analysis Article • Jul 29
Is There Now An Opportunity In TFI International Inc. (TSE:TFII)?
While TFI International Inc. ( TSE:TFII ) might not have the largest market cap around , it saw a double-digit share...Analysis Article • Jun 19
TFI International (TSE:TFII) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Narrative • Mar 14
Leveraging Daseke Acquisition And Tech Upgrades Will Optimize Efficiency
Strategic cost reductions and asset optimization in U.S. operations aim to boost margins and cash flow positively.Shareholder Returns
| TFII | CA Transportation | CA Market | |
|---|---|---|---|
| 7D | -1.5% | -0.7% | 1.4% |
| 1Y | 81.1% | 18.9% | 31.6% |
Return vs Industry: TFII exceeded the Canadian Transportation industry which returned 18.9% over the past year.
Return vs Market: TFII exceeded the Canadian Market which returned 31.6% over the past year.
Price Volatility
| TFII volatility | |
|---|---|
| TFII Average Weekly Movement | 4.8% |
| Transportation Industry Average Movement | 3.5% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: TFII has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: TFII's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | 26,354 | Alain Bedard | www.tfiintl.com |
TFI International Inc., together with its subsidiaries, provides transportation and logistics services in the United States, Canada, and Mexico. It operates through Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Less-Than-Truckload segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads.
TFI International Inc. Fundamentals Summary
| TFII fundamental statistics | |
|---|---|
| Market cap | CA$18.44b |
| Earnings (TTM) | CA$416.41m |
| Revenue (TTM) | CA$11.00b |
44.3x
P/E Ratio1.7x
P/S RatioIs TFII overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TFII income statement (TTM) | |
|---|---|
| Revenue | US$7.87b |
| Cost of Revenue | US$6.30b |
| Gross Profit | US$1.57b |
| Other Expenses | US$1.27b |
| Earnings | US$297.83m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.62 |
| Gross Margin | 19.89% |
| Net Profit Margin | 3.78% |
| Debt/Equity Ratio | 96.4% |
How did TFII perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield51%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/15 11:09 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TFI International Inc. is covered by 25 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| Maxim Sytchev | ATB Cormark |
| David Ocampo | ATB Cormark Historical (Cormark Securities) |