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| Date | Value |
|---|---|
| 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 |