TFI International (TFII) Tax Rate (2019 - 2026)

TFI International (TFII) posted quarterly Tax Rate of 17.4% for Q1 2026, down 722.0% YoY from 2.8% in Q1 2025, and down 9.7% sequentially from 19.27% in Q4 2025.

TFI International (TFII) Tax Rate (2019 - 2026) Analysis & Trends

TFI International has disclosed Tax Rate across 8 years of filings, most recently posting 17.4% for Q1 2026.

  • In Q1 2026, Tax Rate fell 722.0% year-over-year to 17.4%; the TTM figure through Mar 2026 stood at 22.33% (down 217.0% YoY), while the FY2025 annual figure was 23.39%, down 126.0% from the prior year.
  • Tax Rate eased to 17.4% in Q1 2026, from 19.27% in the prior quarter.
  • Over the last five years, Tax Rate for TFII reached as high as 27.07% in Q2 2024 and fell as low as 17.37% in Q3 2022.
  • The 5-year median for Tax Rate is 24.79% (2025), against an average of 23.66%.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 1570 bps — and 2026, when it plunged 722 bps.
  • A 5-year view of Tax Rate shows it stood at 23.21% in 2022, then grew by 7 bps to 24.92% in 2023, then slipped by 2 bps to 24.5% in 2024, then decreased by 21 bps to 19.27% in 2025, then retreated by 10 bps to 17.4% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 17.4%, 19.27%, and 24.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn 17.40%
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 25.00%
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 18.55%
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn 7.04%
5 Saia 11.19 Bn 11.15 Bn - 23.32%
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 25.00%
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn 26.53%
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 22.26%
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 24.92%
10 Marten Transport 1.42 Bn 1.37 Bn 203.18 Mn 369.83%

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%