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
DateValue
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%