TFI International (TFII) Gross Margin (2020 - 2026)
TFI International (TFII) posted quarterly Gross Margin of 49.44% for Q1 2026, down 21.0% YoY from 62.59% in Q1 2025, and down 1.86% sequentially from 50.38% in Q4 2025.
TFI International (TFII) Gross Margin (2020 - 2026) Analysis & Trends
TFI International has disclosed Gross Margin across 7 years of filings, most recently posting 49.44% for Q1 2026.
- In Q1 2026, Gross Margin fell 21.0% year-over-year to 49.44%; the TTM figure through Mar 2026 stood at 50.52% (up 24.0% YoY), while the FY2025 annual figure was 50.57%, up 25.0% from the prior year.
- Gross Margin declined to 49.44% in Q1 2026, from 50.38% in the prior quarter.
- Over the last five years, Gross Margin for TFII reached as high as 51.17% in Q3 2025 and fell as low as 47.15% in Q4 2022.
- The 5-year median for Gross Margin is 49.66% (2023), against an average of 49.53%.
- The widest YoY moves for Gross Margin: up 593 bps in 2022, down 106 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 47.15% in 2022, then climbed by 4 bps to 48.9% in 2023, then grew by 3 bps to 50.3% in 2024, then grew by 0 bps to 50.38% in 2025, then decreased by 2 bps to 49.44% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.44%, 50.38%, and 51.17% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 96.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.44% |
| Dec 31, 2025 | 50.38% |
| Sep 30, 2025 | 51.17% |
| Jun 30, 2025 | 51.05% |
| Mar 31, 2025 | 49.65% |
| Dec 31, 2024 | 50.30% |
| Sep 30, 2024 | 50.07% |
| Jun 30, 2024 | 51.02% |
| Mar 31, 2024 | 49.82% |
| Dec 31, 2023 | 48.90% |
| Sep 30, 2023 | 49.66% |
| Jun 30, 2023 | 49.88% |
| Mar 31, 2023 | 49.18% |
| Dec 31, 2022 | 47.15% |
| Sep 30, 2022 | 48.33% |
| Jun 30, 2022 | 48.02% |
| Mar 31, 2022 | 47.96% |
| Dec 31, 2021 | 48.21% |
| Sep 30, 2021 | 48.51% |
| Jun 30, 2021 | 47.60% |