TFI International (TFII) Asset Utilization Ratio (2021 - 2026)
TFI International's (TFII) quarterly Asset Utilization Ratio came in at 1.08 in Q2 2026, down 52.83% year-over-year from 2.3 in Q2 2025, and up 3.31% quarter-over-quarter from 1.05 in Q1 2026.
Analysis
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.
- On a quarterly basis, Asset Utilization Ratio fell 52.83% year-over-year to 1.08 in Q2 2026; TTM through Jun 2026 was 1.08, a 52.83% decrease from a year earlier, with the FY2025 full-year figure at 1.07, down 13.94% from the prior year.
- Asset Utilization Ratio was 1.08 for Q2 2026 at TFI International, up from 1.05 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 2.94 in Q4 2022 and troughed at 1.05 in Q1 2026.
- A 5-year average of 1.53 and a median of 1.26 in 2023 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio plunged 58.6% in 2023 and jumped 107.71% in 2025, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 2.94 in 2022, then plunged by 58.6% to 1.22 in 2023, then slipped by 6.07% to 1.15 in 2024, then fell by 5.82% to 1.08 in 2025, then climbed by 0.55% to 1.08 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.08 (Q2 2026), 1.05 (Q1 2026), and 1.08 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 0.98 |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | 1.60 |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 1.04 |
| 4 | FedEx Freight Holding Company | 18.54 Bn | 18.54 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.22 Bn | 11.04 Bn | 1.77 Bn | 0.65 |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | 1.08 |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | 0.93 |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 1.17 |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | 3.36 |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | 1.01 |
Historic Data
Download Data
Historic 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 | 2.30 |
| Mar 31, 2025 | 2.38 |
| 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 | 2.94 |
| Sep 30, 2022 | 2.74 |
| Jun 30, 2022 | 1.47 |
| Mar 31, 2022 | 1.40 |
| Dec 31, 2021 | 2.05 |
| Sep 30, 2021 | 1.85 |