TFI International (TFII) Deferred Taxes (2020 - 2026)
TFI International (TFII) recorded Deferred Taxes of $44.01 million in Q2 2026, up 36.0% from $32.36 million a year earlier and up 382.5% from the prior quarter.
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Analysis
TFI International (TFII) Deferred Taxes (2020 - 2026) Analysis & Trends
On a TTM basis, TFI International's Deferred Taxes came in at $97.28 million as of Jun 30, 2026, down 15.1% year-over-year; for FY2025, it came in at $94.81 million, down 31.4% from FY2024.
- Annual Deferred Taxes has declined for three straight years, though with a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- Across earlier years, Deferred Taxes came in at $138.24 million in FY2024 (-19.6%), $171.89 million in FY2023 (-29.1%), $242.41 million in FY2022 (+59.7%) and $151.81 million in FY2021 (+74.5%).
- The Q2 2026 figure is the highest quarterly Deferred Taxes since Q3 2023.
- On a year-over-year basis, Deferred Taxes rose in 1 of the last eight quarters, with an average decline of 25.1%.
- Peak year-over-year performance for Deferred Taxes in the last five years was growth of 220.5% in Q4 2021, against a decline of 50.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.12 million (Q1 2026), $17.1 million (Q4 2025) and $27.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | 39.00 Mn |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | 33.00 Mn |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | 99.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 39.04 Mn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | 60.00 Mn |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | - |
| 10 | TFI International | 9.29 Bn | 8.65 Bn | - | 44.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.01 Mn |
| Mar 31, 2026 | 9.12 Mn |
| Dec 31, 2025 | 17.10 Mn |
| Sep 30, 2025 | 27.04 Mn |
| Jun 30, 2025 | 32.36 Mn |
| Mar 31, 2025 | 18.30 Mn |
| Dec 31, 2024 | 28.63 Mn |
| Sep 30, 2024 | 35.30 Mn |
| Jun 30, 2024 | 42.93 Mn |
| Mar 31, 2024 | 31.38 Mn |
| Dec 31, 2023 | 43.61 Mn |
| Sep 30, 2023 | 45.47 Mn |
| Jun 30, 2023 | 45.45 Mn |
| Mar 31, 2023 | 37.36 Mn |
| Dec 31, 2022 | 46.40 Mn |
| Sep 30, 2022 | 51.54 Mn |
| Jun 30, 2022 | 92.61 Mn |
| Mar 31, 2022 | 51.85 Mn |
| Dec 31, 2021 | 49.40 Mn |
| Sep 30, 2021 | 39.44 Mn |
API Access
TFI International Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TFII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "TFII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TFII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();