TFI International (TFII) Return on Capital Employed [ROCE] (2019 - 2026)
TFI International (TFII) recorded Return on Capital Employed [ROCE] of 9.63% in Q2 2026, down 15.61 percentage points from 25.23% a year earlier but up 0.93 percentage points from the prior quarter.
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Analysis
TFI International (TFII) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2025, TFI International reported Return on Capital Employed [ROCE] of 9.17%, down 3.43 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for four straight years, with a five-year change of -9.38 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 12.60% in FY2024 (-3.09 pp), 15.69% in FY2023 (-8.55 pp), 24.24% in FY2022 (-4.07 pp) and 28.31% in FY2021 (+9.76 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 8.69% in Q1 2026 to 56.57% in Q4 2022 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -2.55 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 13.28 percentage points in Q1 2025, against a drop of 41.72 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.69% (Q1 2026), 9.21% (Q4 2025) and 9.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 173.57 Bn | 165.82 Bn | - | 15.93% |
| 2 | Csx | 93.73 Bn | 88.95 Bn | - | 13.38% |
| 3 | United Parcel Service | 85.38 Bn | 62.27 Bn | - | 11.61% |
| 4 | Canadian Pacific Kansas City | 79.16 Bn | 78.18 Bn | - | 6.99% |
| 5 | Norfolk Southern | 74.37 Bn | 68.83 Bn | - | 9.77% |
| 6 | Fedex | 70.74 Bn | 36.69 Bn | - | 7.01% |
| 7 | Delta Air Lines | 50.02 Bn | 32.21 Bn | - | 10.05% |
| 8 | Old Dominion Freight Line | 37.99 Bn | 37.25 Bn | - | 28.03% |
| 9 | United Airlines Holdings | 31.82 Bn | -25.87 Bn | - | 8.46% |
| 10 | TFI International | 9.30 Bn | 8.66 Bn | - | 9.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.63% |
| Mar 31, 2026 | 8.69% |
| Dec 31, 2025 | 9.21% |
| Sep 30, 2025 | 9.73% |
| Jun 30, 2025 | 25.23% |
| Mar 31, 2025 | 26.99% |
| Dec 31, 2024 | 11.39% |
| Sep 30, 2024 | 12.16% |
| Jun 30, 2024 | 13.00% |
| Mar 31, 2024 | 13.70% |
| Dec 31, 2023 | 14.85% |
| Sep 30, 2023 | 16.11% |
| Jun 30, 2023 | 19.25% |
| Mar 31, 2023 | 23.70% |
| Dec 31, 2022 | 56.57% |
| Sep 30, 2022 | 52.05% |
| Jun 30, 2022 | 20.82% |
| Mar 31, 2022 | 22.86% |
| Dec 31, 2021 | 46.11% |
| Sep 30, 2021 | 44.88% |
API Access
TFI International Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=TFII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=TFII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();