Growth Metrics

TFI International (TFII) Tax Rate (2020 - 2026)

TFI International (TFII) reported Tax Rate of 17.4% for Q1 2026, down 722.0% year-over-year from 2.8% in Q1 2025, and down 9.7% on a QoQ basis from 19.27% in Q4 2025.

TFI International (TFII) has 7 years of Tax Rate data on file, last reported at 17.4% in Q1 2026.

  • Quarterly Tax Rate fell 722.0% year-over-year to 17.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.33% (down 217.0% YoY) and the FY2025 annual result came in at 23.39%, down 126.0% from the prior year.
  • Tax Rate slipped to 17.4% in Q1 2026 per TFII's latest filing, from 19.27% in the prior quarter.
  • Across five years, Tax Rate topped out at 27.07% in Q2 2024 and bottomed at 17.37% in Q3 2022.
  • The 5-year median for Tax Rate is 24.79% (2025), against an average of 23.66%.
  • The widest annual swing landed in 2022, when Tax Rate jumped 1570 bps; it then plunged 722 bps in 2026.
  • Tracing TFII's Tax Rate over 5 years: stood at 23.21% in 2022, then advanced by 7 bps to 24.92% in 2023, then retreated by 2 bps to 24.5% in 2024, then fell by 21 bps to 19.27% in 2025, then declined by 10 bps to 17.4% in 2026.
  • Per Business Quant, the three latest TFII Tax Rate figures stand at 17.4% (Q1 2026), 19.27% (Q4 2025), and 24.2% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn 25.00
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 18.55
3 Saia 12.92 Bn 12.88 Bn - 23.32
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 7.04
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 25.00
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 26.53
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 22.26
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 24.92
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn 369.83
10 TFI International 82,812.50 -2.96 Mn 963.70 Mn 17.40

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 17.40
Mar 31, 2026 17.40
Dec 31, 2025 19.27
Dec 31, 2025 19.27
Sep 30, 2025 24.20
Sep 30, 2025 24.20
Jun 30, 2025 24.79
Jun 30, 2025 24.79
Mar 31, 2025 24.62
Mar 31, 2025 24.62
Dec 31, 2024 24.50
Dec 31, 2024 24.50
Sep 30, 2024 21.90
Sep 30, 2024 21.90
Jun 30, 2024 27.07
Jun 30, 2024 27.07
Mar 31, 2024 25.26
Mar 31, 2024 25.26
Dec 31, 2023 24.92
Dec 31, 2023 24.92
Sep 30, 2023 25.43
Sep 30, 2023 25.43
Jun 30, 2023 26.17
Jun 30, 2023 26.17
Mar 31, 2023 25.02
Mar 31, 2023 25.02
Dec 31, 2022 23.21
Dec 31, 2022 23.21
Sep 30, 2022 17.37
Sep 30, 2022 17.37
Jun 30, 2022 25.07
Jun 30, 2022 25.07
Mar 31, 2022 25.98
Mar 31, 2022 25.98
Dec 31, 2021 25.52
Dec 31, 2021 25.52
Sep 30, 2021 23.06
Sep 30, 2021 23.06
Jun 30, 2021 9.36
Jun 30, 2021 9.36
Mar 31, 2021 23.39
Mar 31, 2021 23.39
Dec 31, 2020 15.15
Dec 31, 2020 15.15
Sep 30, 2020 21.24
Sep 30, 2020 21.24
Jun 30, 2020 38.78
Jun 30, 2020 38.78
Mar 31, 2020 23.56
Mar 31, 2020 23.56