TFI International (TFII) Return on Invested Capital [ROIC] (2019 - 2026)
TFI International (TFII) recorded Return on Invested Capital [ROIC] of 18.12% in Q2 2026, down 2.36 percentage points from 20.48% a year earlier but up 6.17 percentage points from the prior quarter.
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Analysis
TFI International (TFII) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, TFI International reported Return on Invested Capital [ROIC] of 8.37%, down 2.96 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for four straight years, with a five-year change of -1.42 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 11.33% in FY2024 (-4.37 pp), 15.70% in FY2023 (-9.01 pp), 24.71% in FY2022 (-0.07 pp) and 24.78% in FY2021 (+14.99 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 11.94% in Q1 2026 to 37.96% in Q3 2022 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for 14 consecutive quarters, with an average year-over-year change of -2.75 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 9.06 percentage points in Q1 2022, against a drop of 15.84 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.94% (Q1 2026), 12.47% (Q4 2025) and 19.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 15.51% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 11.65% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 12.85% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 5.98% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 9.62% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 7.44% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 10.82% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 9.15% |
| 10 | TFI International | 9.27 Bn | 8.63 Bn | - | 17.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.97% |
| Mar 31, 2026 | 11.91% |
| Dec 31, 2025 | 12.43% |
| Sep 30, 2025 | 18.92% |
| Jun 30, 2025 | 20.38% |
| Mar 31, 2025 | 15.48% |
| Dec 31, 2024 | 15.87% |
| Sep 30, 2024 | 22.23% |
| Jun 30, 2024 | 22.40% |
| Mar 31, 2024 | 17.33% |
| Dec 31, 2023 | 18.07% |
| Sep 30, 2023 | 25.06% |
| Jun 30, 2023 | 29.18% |
| Mar 31, 2023 | 27.93% |
| Dec 31, 2022 | 29.32% |
| Sep 30, 2022 | 37.39% |
| Jun 30, 2022 | 33.01% |
| Mar 31, 2022 | 29.33% |
| Dec 31, 2021 | 27.59% |
| Sep 30, 2021 | 33.87% |
API Access
TFI International Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TFII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TFII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();