TFI International (TFII) Tax Rate (2019 - 2026)
TFI International's (TFII) quarterly Tax Rate came in at 24.43% in Q2 2026, down 36.0% year-over-year from 38.17% in Q2 2025, and up 40.42% quarter-over-quarter from 17.4% in Q1 2026.
Analysis
TFI International (TFII) Tax Rate (2019 - 2026) Analysis & Trends
TFI International (TFII) has reported Tax Rate for 8 consecutive years, with 24.43% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 36.0% year-over-year to 24.43% in Q2 2026; TTM through Jun 2026 was 22.46%, a 127.0% decrease from a year earlier, with the FY2025 full-year figure at 23.39%, down 127.0% from the prior year.
- Tax Rate was 24.43% for Q2 2026 at TFI International, up from 17.4% in the prior quarter.
- Over five years, Tax Rate peaked at 27.07% in Q2 2024 and troughed at 17.37% in Q3 2022.
- A 5-year average of 23.7% and a median of 24.71% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 1570 bps in 2022 and tumbled 722 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 23.21% in 2022, then climbed by 7 bps to 24.92% in 2023, then decreased by 2 bps to 24.5% in 2024, then retreated by 21 bps to 19.27% in 2025, then advanced by 27 bps to 24.43% in 2026.
- The last three Tax Rate figures came in at 24.43% (Q2 2026), 17.4% (Q1 2026), and 19.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 25.00% |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | 25.40% |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 25.69% |
| 4 | FedEx Freight Holding Company | 18.54 Bn | 18.54 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.22 Bn | 11.04 Bn | 1.77 Bn | 34.13% |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | 24.43% |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | 24.88% |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 24.24% |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | 34.03% |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | 27.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.43% |
| Mar 31, 2026 | 17.40% |
| Dec 31, 2025 | 19.27% |
| Sep 30, 2025 | 24.20% |
| Jun 30, 2025 | 24.79% |
| Mar 31, 2025 | 24.62% |
| Dec 31, 2024 | 24.50% |
| Sep 30, 2024 | 21.90% |
| Jun 30, 2024 | 27.07% |
| Mar 31, 2024 | 25.26% |
| Dec 31, 2023 | 24.92% |
| Sep 30, 2023 | 25.43% |
| Jun 30, 2023 | 26.17% |
| Mar 31, 2023 | 25.02% |
| Dec 31, 2022 | 23.21% |
| Sep 30, 2022 | 17.37% |
| Jun 30, 2022 | 25.07% |
| Mar 31, 2022 | 25.98% |
| Dec 31, 2021 | 25.52% |
| Sep 30, 2021 | 23.06% |