TFI International (TFII) Operating Margin (2019 - 2026)
TFI International (TFII) posted quarterly Operating Margin of 45.6% for Q1 2026, down 109.0% YoY from 506.68% in Q1 2025, and down 6.11% sequentially from 42.97% in Q4 2025.
TFI International (TFII) Operating Margin (2019 - 2026) Analysis & Trends
TFI International has disclosed Operating Margin across 8 years of filings, most recently posting 45.6% for Q1 2026.
- In Q1 2026, Operating Margin fell 109.0% year-over-year to 45.6%; the TTM figure through Mar 2026 stood at 42.52% (down 84.0% YoY), while the FY2025 annual figure was 7.17%, down 139.0% from the prior year.
- Operating Margin retreated to 45.6% in Q1 2026, from 42.97% in the prior quarter.
- Over the last five years, Operating Margin for TFII reached as high as 35.84% in Q2 2022 and fell as low as 45.6% in Q1 2026.
- The 5-year median for Operating Margin is 41.04% (2025), against an average of 41.09%.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 5926 bps — and 2023, when it soared 75 bps.
- A 5-year view of Operating Margin shows it stood at 41.77% in 2022, then climbed by 2 bps to 41.02% in 2023, then slipped by 2 bps to 41.99% in 2024, then decreased by 2 bps to 42.97% in 2025, then declined by 6 bps to 45.6% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 45.6%, 42.97%, and 41.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | -45.60% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 23.78% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 8.30% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 1.54% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 8.29% |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 2.39% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | -1.96% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.34% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.49% |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | -6.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -45.60% |
| Dec 31, 2025 | -42.97% |
| Sep 30, 2025 | -41.04% |
| Jun 30, 2025 | -40.60% |
| Mar 31, 2025 | -44.51% |
| Dec 31, 2024 | -41.99% |
| Sep 30, 2024 | -40.73% |
| Jun 30, 2024 | -39.88% |
| Mar 31, 2024 | -42.08% |
| Dec 31, 2023 | -41.02% |
| Sep 30, 2023 | -39.84% |
| Jun 30, 2023 | -39.37% |
| Mar 31, 2023 | -41.83% |
| Dec 31, 2022 | -41.77% |
| Sep 30, 2022 | -37.47% |
| Jun 30, 2022 | -35.84% |
| Mar 31, 2022 | -42.01% |
| Dec 31, 2021 | 17.49% |
| Sep 30, 2021 | 9.21% |
| Jun 30, 2021 | 16.89% |