TFI International Inc.
TFI International Inc. is a transportation and logistics company that provides freight movement and supply chain services across North America. TFI International Inc. operates through Less-Than-Truckload, Truckload, Logistics, and Package and Courier segments, supporting a broad range of shipping needs for businesses of all sizes. Its less-than-truckload operations handle pickup, consolidation, transportation, and delivery of smaller shipments, while its truckload services cover full-load, expedited, flatbed, tank, container, and dedicated hauling. The logistics segment offers asset-light services such as brokerage, freight forwarding, transportation management, and small package parcel delivery. Headquartered in Saint-Laurent, Canada, TFI International Inc. serves industries that rely on efficient ground transportation, making it an important operator in the North American freight and logistics market.
$112.50
-$2.50 (-2.17%)
EOD Oct 23, 2026
Operating margin is thin at 7.19%. Limited cushion if revenue slows or costs rise.
Revenue declined 6.1% in the fiscal year ended Dec 2025.
At 27.67x earnings, the multiple leaves limited room for execution misses or growth deceleration. ROIC fell 3.2 points in the fiscal year ended Dec 2025, capital efficiency is deteriorating.
27.67x earnings, 14.16x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$8.12B
▼ -6.1% YoY
Net Income (TTM)
$336M
▼ -26.5% YoY
Op. Margin
7.19%
▼ -1.8pp YoY
ROIC
7.36%
▼ -3.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$655M
▲ +4.7% YoY
Op. Cash Flow (TTM)
$915M
▼ -33.1% YoY
Net Debt
$3.01B
Cash & Equiv.
$210M
3Y CAGR: -3.6%
3Y CAGR: +4.2%
Continue Research
Is TFI International (TFII) overvalued?
At a P/E of 27.7 and a price-to-free-cash-flow of 14.2, TFI International (TFII) trades above a two-stage DCF intrinsic value of about $105.33 per share, so at $112.50 the stock looks overvalued (6.4% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, TFI International scores 30/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.8%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is TFI International's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $105.33 per share for TFII, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $79.00. At today's $112.50, that puts the stock about 6.4% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is TFI International a high-quality business?+
TFI International scores 30 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 7.2% operating margin and a 7.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does TFI International (TFII) pay a dividend, and how much?+
Yes, TFI International pays a regular dividend of about $0.94 per share per year (typically in quarterly installments), a yield of roughly 0.8% at the current price. That is a payout ratio of about 23.1% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For TFII's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is TFI International a good stock to buy right now?+
That depends on valuation and quality together, not either alone. TFII currently trades above its estimated intrinsic value and scores 30/100 on quality (lower-quality). It also yields about 0.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Trucking
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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