TFI International (TFII) Asset Utilization Ratio (2021 - 2026)
TFI International (TFII) posted quarterly Asset Utilization Ratio of 1.08 for Q2 2026, down 6.0% year-over-year from 1.15 in Q2 2025, and up 3.31% quarter-over-quarter from 1.05 in Q1 2026.
TFI International (TFII) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
TFI International (TFII) has reported Asset Utilization Ratio for 6 consecutive years, with 1.08 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 6.0% year-over-year to 1.08; the TTM figure through Jun 2026 stood at 1.08 (down 6.0% YoY), while the FY2025 annual figure was 1.07, down 13.94% from the prior year.
- Asset Utilization Ratio climbed to 1.08 in Q2 2026 per TFII's latest filing, from 1.05 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.6 in Q4 2022 and bottomed at 1.05 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.26 across 5 years, with a median of 1.17 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 42.41% — and 2024, when it decreased 25.65%.
- TFI International's Asset Utilization Ratio stood at 1.6 in 2022, then dropped by 23.87% to 1.22 in 2023, then dropped by 6.07% to 1.15 in 2024, then declined by 5.82% to 1.08 in 2025, then grew by 0.55% to 1.08 in 2026.
- Business Quant data shows TFII's Asset Utilization Ratio at 1.08 in Q2 2026, 1.05 in Q1 2026, and 1.08 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 0.98 |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 1.04 |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 1.08 |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 0.65 |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 0.93 |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 1.17 |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 1.81 |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 1.71 |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 1.01 |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn | 0.93 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.08 |
| Mar 31, 2026 | 1.05 |
| Dec 31, 2025 | 1.08 |
| Sep 30, 2025 | 1.12 |
| Jun 30, 2025 | 1.15 |
| Mar 31, 2025 | 1.19 |
| Dec 31, 2024 | 1.15 |
| Sep 30, 2024 | 1.11 |
| Jun 30, 2024 | 1.12 |
| Mar 31, 2024 | 1.14 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 1.30 |
| Jun 30, 2023 | 1.43 |
| Mar 31, 2023 | 1.54 |
| Dec 31, 2022 | 1.60 |
| Sep 30, 2022 | 1.55 |
| Jun 30, 2022 | 1.47 |
| Mar 31, 2022 | 1.40 |
| Dec 31, 2021 | 1.26 |
| Sep 30, 2021 | 1.12 |