TFI International (TFII) Interest Coverage Ratio (2019 - 2026)
TFI International's (TFII) Interest Coverage Ratio was 5.10 for Q2 2026, up 21.8% from 4.19 a year earlier and up 136.0% from the prior quarter.
TFI International (TFII) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TFI International's Interest Coverage Ratio came in at 3.52, down 6.1% year-over-year; for FY2025, it came in at 3.48, down 16.7% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 4.18 in FY2024 (-50.6%), 8.47 in FY2023 (-39.3%), 13.95 in FY2022 (+11.3%) and 12.53 in FY2021 (+70.5%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q4 2023.
- Year over year, Interest Coverage Ratio gained in 1 of the last eight quarters, with an average decline of 22.0%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2022 (growth of 60.4%); the low point was Q4 2024 (a decline of 57.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.16 (Q1 2026), 3.20 (Q4 2025) and 3.64 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.20 Bn | 165.72 Bn | - | 8.83 |
| 2 | Csx | 89.73 Bn | 85.93 Bn | - | 7.14 |
| 3 | United Parcel Service | 84.69 Bn | 61.58 Bn | - | 3.42 |
| 4 | Canadian Pacific Kansas City | 77.84 Bn | 76.86 Bn | - | - |
| 5 | Norfolk Southern | 73.36 Bn | 68.00 Bn | - | 5.71 |
| 6 | Fedex | 71.67 Bn | 37.61 Bn | - | - |
| 7 | Delta Air Lines | 51.31 Bn | 33.49 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.53 Bn | 38.79 Bn | - | 6,122.38 |
| 9 | United Airlines Holdings | 32.71 Bn | -23.66 Bn | - | 3.20 |
| 10 | TFI International | 9.44 Bn | 8.81 Bn | - | 5.10 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.10 |
| Mar 31, 2026 | 2.16 |
| Dec 31, 2025 | 3.20 |
| Sep 30, 2025 | 3.64 |
| Jun 30, 2025 | 4.19 |
| Mar 31, 2025 | 2.83 |
| Dec 31, 2024 | 3.68 |
| Sep 30, 2024 | 4.30 |
| Jun 30, 2024 | 4.25 |
| Mar 31, 2024 | 4.67 |
| Dec 31, 2023 | 8.51 |
| Sep 30, 2023 | 8.45 |
| Jun 30, 2023 | 9.44 |
| Mar 31, 2023 | 8.83 |
| Dec 31, 2022 | 1.48 |
| Sep 30, 2022 | 14.28 |
| Jun 30, 2022 | 18.02 |
| Mar 31, 2022 | 10.85 |
| Dec 31, 2021 | 1.62 |
| Sep 30, 2021 | 9.32 |
TFI International Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TFII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TFII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();