TFI International (TFII) Change in Working Capital (2020 - 2026)

TFI International has disclosed Change in Working Capital across 7 years of filings, most recently posting -$59.4 million for Q1 2026.

• In Q1 2026, Change in Working Capital fell 2977.15% year-over-year to -$59.4 million; the TTM figure through Mar 2026 stood at $27.0 million (up 614.3% YoY), while the FY2023 annual figure was $106.6 million, up 172.32% from the prior year.
• Change in Working Capital fell to -$59.4 million in Q1 2026, from $48.8 million in the prior quarter.
• Over the last five years, Change in Working Capital for TFII reached as high as $53.4 million in Q3 2024 and fell as low as -$136.2 million in Q1 2022.
• The 5-year median for Change in Working Capital is $18.4 million (2023), against an average of -$1.4 million.
• Annual changes were most pronounced in 2022 — Change in Working Capital surged 676.25% — and 2024, when it tumbled 183992.86%.
• A 5-year view of Change in Working Capital shows it stood at $28.5 million in 2022, then surged by 31.4% to $37.4 million in 2023, then soared by 42.75% to $53.4 million in 2024, then slipped by 8.69% to $48.8 million in 2025, then plunged by 221.81% to -$59.4 million in 2026.
• According to Business Quant data, Change in Working Capital over the past three periods registered -$59.4 million, $48.8 million, and $35.6 million for Q1 2026, Q3 2025, and Q2 2025 respectively.