TFI International Inc. (TFII) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.95B | 2.67B | 1.95B | 2.07B | 1.96B | 2.08B | 2.18B | 2.26B | 1.87B | 2.02B | 1.91B | 1.79B | 1.85B | 1.96B | 2.24B | 2.42B | 2.19B | 2.13B | 2.09B | 1.84B |
| Revenue Growth % | -0.78% | 28.39% | -10.88% | -8.54% | 5% | 2.66% | 14.31% | 26.42% | 1.12% | 3.24% | -14.76% | -26.05% | -15.58% | -8.16% | 7.07% | 31.88% | 90.76% | 49.45% | 68.55% | 69.6% |
| Cost of Goods Sold | 1.75B | 2.35B | 1.7B | 1.8B | 1.75B | 1.71B | 1.88B | 1.94B | 1.62B | 1.7B | 1.62B | 1.5B | 1.59B | 1.65B | 1.87B | 1.99B | 1.88B | 1.81B | 1.8B | 1.56B |
| COGS % of Revenue | 89.73% | 88.17% | 87.08% | 86.95% | 88.97% | 82.15% | 86.21% | 85.65% | 86.51% | 84.11% | 84.6% | 83.64% | 85.75% | 84.36% | 83.4% | 82.14% | 85.58% | 84.92% | 86.09% | 84.97% |
| Gross Profit | 200.08M | 315.58M | 251.44M | 270.34M | 216.65M | 370.73M | 301.16M | 324.95M | 252.42M | 321.54M | 294.24M | 293.03M | 263.57M | 306.43M | 372.22M | 432.62M | 316.04M | 321.7M | 291.24M | 276.01M |
| Gross Margin % | 10.27% | 11.83% | 12.92% | 13.05% | 11.03% | 17.85% | 13.79% | 14.35% | 13.49% | 15.89% | 15.4% | 16.36% | 14.25% | 15.64% | 16.6% | 17.86% | 14.42% | 15.08% | 13.91% | 15.03% |
| Gross Profit Growth % | -7.65% | -14.88% | -16.51% | -16.81% | -14.17% | 15.3% | 2.35% | 10.9% | -4.23% | 4.93% | -20.95% | -32.27% | -16.6% | -4.75% | 27.8% | 56.74% | 114.67% | 8.38% | 66.37% | 64.88% |
| Operating Expenses | 113.84M | 140.26M | 102.75M | 100.99M | 102.01M | 214.73M | 97.87M | 118.96M | 100.86M | 113.17M | 93.68M | 100.61M | 97.17M | 109.15M | 53.78M | 41.65M | 96.28M | 121.97M | 99.66M | -194.91M |
| OpEx % of Revenue | 5.84% | 5.26% | 5.28% | 4.88% | 5.19% | 10.34% | 4.48% | 5.25% | 5.39% | 5.59% | 4.9% | 5.62% | 5.25% | 5.57% | 2.4% | 1.72% | 4.39% | 5.72% | 4.76% | -10.61% |
| Selling, General & Admin | 0 | 140.26M | 102.75M | 100.99M | 102.01M | 0 | 3.18M | 0 | 0 | 113.17M | 0 | 0 | 0 | 109.15M | 0 | 0 | 0 | 121.97M | 0 | 0 |
| SG&A % of Revenue | - | 5.26% | 5.28% | 4.88% | 5.19% | - | 0.15% | - | - | 5.59% | - | - | - | 5.57% | - | - | - | 5.72% | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | -1000K |
| Operating Income | 86.24M | 175.31M | 148.68M | 169.35M | 114.64M | 156M | 203.29M | 206M | 151.56M | 208.36M | 200.56M | 192.42M | 166.4M | 197.28M | 318.44M | 390.97M | 219.77M | 199.73M | 191.58M | 470.92M |
| Operating Margin % | 4.42% | 6.57% | 7.64% | 8.18% | 5.84% | 7.51% | 9.31% | 9.1% | 8.1% | 10.3% | 10.49% | 10.74% | 8.99% | 10.07% | 14.2% | 16.14% | 10.03% | 9.36% | 9.15% | 25.64% |
| Operating Income Growth % | -24.78% | 12.38% | -26.86% | -17.79% | -24.36% | -25.13% | 1.36% | 7.06% | -8.92% | 5.62% | -37.02% | -50.78% | -24.28% | -1.23% | 66.22% | -16.98% | 116% | 34.02% | 48.74% | 265.2% |
| EBITDA | 237.12M | 384.02M | 299.99M | 328.34M | 265.94M | 314.79M | 357.02M | 360.65M | 268.56M | 327.21M | 314.65M | 300.59M | 270.46M | 299.43M | 425M | 502.77M | 330M | 309.49M | 298.07M | 568.94M |
| EBITDA Margin % | 12.17% | 14.4% | 15.41% | 15.85% | 13.54% | 15.16% | 16.34% | 15.93% | 14.36% | 16.17% | 16.46% | 16.78% | 14.62% | 15.28% | 18.96% | 20.76% | 15.06% | 14.5% | 14.23% | 30.98% |
| EBITDA Growth % | -10.83% | 21.99% | -15.98% | -8.96% | -0.98% | -3.8% | 13.47% | 19.98% | -0.7% | 9.28% | -25.96% | -40.21% | -18.04% | -3.25% | 42.58% | -11.63% | 83.19% | 41.53% | 31.09% | 150.11% |
| D&A (Non-Cash Add-back) | 150.89M | 208.71M | 151.3M | 158.99M | 151.29M | 158.79M | 153.73M | 154.66M | 117.01M | 118.85M | 114.09M | 108.17M | 104.06M | 102.15M | 106.56M | 111.81M | 110.23M | 109.77M | 106.49M | 98.02M |
| EBIT | 89.37M | 179.78M | 150.76M | 173.97M | 111.1M | 151.74M | 205.52M | 201.58M | 151.73M | 209.31M | 197.1M | 189.99M | 164.97M | 218.74M | 314.11M | 386.84M | 215.07M | 215.19M | 186.74M | 469.43M |
| Net Interest Income | -36.44M | -55.09M | -39.76M | -40.97M | -40.05M | -41.55M | -46.18M | -45.89M | -25.91M | -25.54M | -19.89M | -19.02M | -17.43M | -17.46M | -19.53M | -21.39M | -20.17M | -20.74M | -19.99M | -18.71M |
| Interest Income | 502K | 1.04M | 512.26K | 310.02K | 227.31K | 750.21K | 732.85K | 1.07M | 5.13M | 3.94M | 1.68M | 1.24M | 1.36M | 1.08M | 558.74K | 59.49K | 23.28K | 1.57M | 30.79K | 13.88K |
| Interest Expense | 36.94M | 56.12M | 40.27M | 41.28M | 40.16M | 42.3M | 46.92M | 46.95M | 31.04M | 29.48M | 21.57M | 20.26M | 18.79M | 18.54M | 20.09M | 21.45M | 20.19M | 22.31M | 20.02M | 18.73M |
| Other Income/Expense | -33.81M | -51.66M | -38.19M | -36.66M | -40.31M | -43.49M | -40.01M | -47.41M | -27.33M | -28.53M | -21.75M | -18.73M | -17.13M | 2.92M | -21.71M | -21.54M | -20.19M | -6.84M | -20.53M | -16.61M |
| Pretax Income | 52.43M | 123.66M | 110.49M | 132.69M | 74.33M | 112.51M | 163.29M | 158.58M | 124.23M | 179.83M | 178.81M | 173.69M | 149.27M | 200.2M | 296.73M | 369.43M | 199.58M | 192.89M | 171.05M | 454.31M |
| Pretax Margin % | 2.69% | 4.64% | 5.68% | 6.41% | 3.78% | 5.42% | 7.47% | 7% | 6.64% | 8.89% | 9.36% | 9.7% | 8.07% | 10.22% | 13.24% | 15.25% | 9.11% | 9.04% | 8.17% | 24.73% |
| Income Tax | 9.12M | 23.83M | 26.74M | 32.89M | 18.3M | 28.63M | 35.3M | 42.93M | 31.38M | 44.81M | 45.47M | 45.45M | 37.35M | 46.47M | 51.54M | 92.61M | 51.85M | 49.23M | 39.44M | 42.54M |
| Effective Tax Rate % | 17.4% | 19.27% | 24.2% | 24.79% | 24.62% | 25.45% | 21.62% | 27.07% | 25.26% | 24.92% | 25.43% | 26.17% | 25.02% | 23.21% | 17.37% | 25.07% | 25.98% | 25.52% | 23.06% | 9.36% |
| Net Income | 43.31M | 99.83M | 83.75M | 99.8M | 56.03M | 83.88M | 127.99M | 115.65M | 92.85M | 135.02M | 133.34M | 128.23M | 111.92M | 153.73M | 245.19M | 276.82M | 147.72M | 143.65M | 131.61M | 411.76M |
| Net Margin % | 2.22% | 3.74% | 4.3% | 4.82% | 2.85% | 4.04% | 5.86% | 5.11% | 4.96% | 6.67% | 6.98% | 7.16% | 6.05% | 7.84% | 10.94% | 11.43% | 6.74% | 6.73% | 6.29% | 22.42% |
| Net Income Growth % | -22.71% | 19.01% | -34.56% | -13.71% | -39.65% | -37.88% | -4.01% | -9.81% | -17.04% | -12.17% | -45.62% | -53.68% | -24.24% | 7.01% | 86.29% | -32.77% | 120.85% | 30.78% | 19.39% | 501.7% |
| Net Income (Continuing) | 43.31M | 99.83M | 83.75M | 99.8M | 56.03M | 83.88M | 127.99M | 115.65M | 92.85M | 135.02M | 133.34M | 128.23M | 111.92M | 153.73M | 245.19M | 276.82M | 147.72M | 143.65M | 131.61M | 411.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.53 | 1.21 | 1.01 | 1.19 | 0.66 | 0.98 | 1.50 | 1.36 | 1.09 | 1.57 | 1.52 | 1.49 | 1.27 | 1.74 | 2.72 | 3.00 | 1.57 | 1.51 | 1.38 | 4.32 |
| EPS Growth % | -19.7% | 23.47% | -32.67% | -12.5% | -39.45% | -37.58% | -1.32% | -8.72% | -14.17% | -9.77% | -44.12% | -50.33% | -19.11% | 15.23% | 97.1% | -30.56% | 124.29% | 71.59% | 15% | 461.04% |
| EPS (Basic) | 0.53 | 1.22 | 1.01 | 1.20 | 0.66 | 0.99 | 1.51 | 1.37 | 1.10 | 1.58 | 1.53 | 1.51 | 1.29 | 1.77 | 2.78 | 3.05 | 1.61 | 1.54 | 1.42 | 4.42 |
| Diluted Shares Outstanding | 82.38M | 82.42M | 82.75M | 83.66M | 84.52M | 85.24M | 85.12M | 85.12M | 85.35M | 85.87M | 86.85M | 87.12M | 87.91M | 88.21M | 90.03M | 92.34M | 93.94M | 95.22M | 95.22M | 95.34M |
| Basic Shares Outstanding | 82.16M | 82.14M | 82.52M | 83.46M | 84.18M | 84.55M | 84.61M | 84.5M | 84.48M | 85.32M | 85.85M | 86.14M | 86.58M | 86.67M | 88.23M | 90.65M | 91.97M | 92.98M | 92.98M | 93.19M |
| Dividend Payout Ratio | 87.7% | 51.27% | 44.05% | 39.53% | 68.16% | 38.41% | 26.68% | 28.77% | 36.22% | 22.76% | 22.39% | 24.21% | 27.09% | 15.5% | 9.4% | 8.67% | 17.09% | 14.74% | 16.17% | 5.16% |