TFI International (TFII) Tax Rate (2020 - 2026)
TFI International (TFII) posted quarterly Tax Rate of 24.43% for 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.
TFI International (TFII) Tax Rate (2020 - 2026) Analysis & Trends
TFI International (TFII) has reported Tax Rate for 7 consecutive years, with 24.43% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 36.0% year-over-year to 24.43%; the TTM figure through Jun 2026 stood at 22.46% (down 127.0% YoY), while the FY2025 annual figure was 23.39%, down 127.0% from the prior year.
- Tax Rate improved to 24.43% in Q2 2026 per TFII's latest filing, from 17.4% 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.
- Historically, Tax Rate has averaged 23.7% across 5 years, with a median of 24.71% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate soared 1570 bps — and 2026, when it slumped 722 bps.
- TFI International's Tax Rate stood at 23.21% in 2022, then increased by 7 bps to 24.92% in 2023, then slipped by 2 bps to 24.52% in 2024, then fell by 21 bps to 19.27% in 2025, then rose by 27 bps to 24.43% in 2026.
- Business Quant data shows TFII's Tax Rate at 24.43% in Q2 2026, 17.4% in Q1 2026, and 19.27% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 25.00% |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 25.69% |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 24.43% |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 34.13% |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 24.88% |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 24.24% |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | -12.50% |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 34.03% |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 27.30% |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn | 30.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.43% |
| Jun 30, 2026 | 24.43% |
| Jun 30, 2026 | 24.43% |
| Mar 31, 2026 | 17.40% |
| Mar 31, 2026 | 17.40% |
| Mar 31, 2026 | 17.40% |
| Dec 31, 2025 | 19.27% |
| Dec 31, 2025 | 19.27% |
| Dec 31, 2025 | 19.27% |
| Sep 30, 2025 | 24.20% |
| Sep 30, 2025 | 24.20% |
| Sep 30, 2025 | 24.20% |
| Jun 30, 2025 | 24.79% |
| Jun 30, 2025 | 24.79% |
| Jun 30, 2025 | 24.79% |
| Mar 31, 2025 | 24.62% |
| Mar 31, 2025 | 24.62% |
| Mar 31, 2025 | 24.62% |
| Dec 31, 2024 | 24.52% |
| Dec 31, 2024 | 24.52% |