TFII Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $118.90
P/E 27.8
EPS $3.72
Revenue $7.88B
ROE 11.6%
52W Range $81–$168

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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$7.88B
2019-12-31 → 2025-12-31
EPS$3.72
2019-12-31 → 2025-12-31
Free Cash Flow$705M
2020-12-31 → 2025-12-31
Net margin3.9%
2020-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend TFII 5Y avg Peer Median Verdict
P/E 27.85Y avg ≈20.7 ≈20.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

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Payout Ratio48.6%
Annualized Payout≈$1.88Paid quarterly
Growth Streak≈10Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Jun 30, 2026$0.47USD≈0.65%
Mar 31, 2026$0.47USD≈0.43%
Jun 30, 2025$0.45USD≈2.0%
Mar 31, 2025$0.45USD≈2.2%
Dec 31, 2024$0.45USD≈1.2%
Sep 27, 2024$0.40USD≈1.2%
Jun 28, 2024$0.40USD≈1.1%
Mar 27, 2024$0.40USD≈0.94%
Dec 28, 2023$0.40USD≈1.1%
Sep 28, 2023$0.35USD≈1.1%
Jun 29, 2023$0.35USD≈1.1%
Mar 30, 2023$0.35USD≈1.0%
Dec 29, 2022$0.35USD≈1.1%
Sep 28, 2022$0.27USD≈1.1%
Jun 29, 2022$0.27USD≈1.3%
Mar 30, 2022$0.27USD≈0.93%
Dec 30, 2021$0.27USD≈0.87%
Sep 28, 2021$0.23USD≈0.89%
Jun 29, 2021$0.23USD≈0.95%
Mar 30, 2021$0.23USD≈1.1%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise 5.3%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $1.85 $1.63 13.2%
March 31, 2026 $0.69 $0.62 11.0%
Dec. 31, 2025 $1.09 $0.86 26.3%
Sept. 30, 2025 $1.20 $1.23 -2.3%
June 30, 2025 $1.34 $1.26 6.2%
March 31, 2025 $0.76 $0.98 -22.4%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 12
Metric Trend 202520242023202220212020
Revenue $7.88B$8.40B$7.52B$8.81B$7.22B$3.78B
Operating Income $565M$719M$758M$1.15B$979M$417M
Interest Expense $162M$172M$89M$-82M$-78M$57M
Interest Income $2M$14M$9M$-2M$-5M$3M
Pretax Income $405M$561M$677M$1.07B$906M$363M
Income Tax $95M$138M$172M$242M$152M$87M
Net Income $311M$422M$505M$823M$754M$276M
EPS (Basic) $3.74$5.00$5.88$9.21$8.11$3.09
EPS (Diluted) $3.72$4.96$5.80$9.02$7.91$3.03
Shares (Basic) 83,067,25284,551,57685,907,74689,359,58293,054,24589,113,354
Shares (Diluted) 83,414,31085,243,10887,054,76991,257,67995,336,02390,934,806
EBITDA $1.18B$1.30B$1.20B$1.58B$1.28B$716M
Balance Sheet 12
Metric Trend 202520242023202220212020
Cash & Equivalents $210M$0$336M$147M$19M$4M
Receivables $881M$928M$895M$1.03B$1.06B$598M
Inventory $20M$18M$24M$24M$24M$9M
Current Assets $1.21B$1.04B$1.34B$1.26B$1.16B$653M
PP&E (Net) $2.78B$2.89B$2.42B$2.13B$2.46B$1.07B
Goodwill ···$59M$49M$173M
Total Assets $7.51B$7.17B$6.28B$5.51B$5.88B$3.85B
Accounts Payable $667M$639M$672M$709M$862M$468M
Current Liabilities $1.17B$1.02B$1.07B$967M$1.41B$654M
Total Liabilities $4.83B$4.49B$3.69B$3.04B$3.57B$2.06B
Retained Earnings $1.78B$1.84B$1.65B$1.57B$1.28B$804M
Stockholders' Equity $2.68B$2.67B$2.59B$2.46B$2.31B$1.79B
Cash Flow 7
Metric Trend 202520242023202220212020
D&A $611M$582M$442M$431M$393M$299M
Other Non-cash $57M$58M$67M$-282M$-202M$36M
Operating Cash Flow $978M$1.06B$1.01B$972M$855M$611M
CapEx $273M$393M$362M$351M$269M$143M
Dividends Paid $151M$134M$121M$97M$85M$68M
Free Cash Flow $705M$670M$652M$621M$587M$468M
Levered FCF $580M$540M$719M$684M$523M$425M
Profitability 7
Metric Trend 202520242023202220212020
Operating Margin 7.2%8.6%10.1%13.0%12.3%11.0%
Net Margin 3.9%5.0%6.7%9.3%9.2%7.3%
Pretax Margin 5.1%6.7%9.0%12.1%11.3%9.6%
EBITDA Margin 14.9%15.5%16.0%17.9%17.8%18.9%
ROA 4.2%6.3%8.6%14.5%13.8%7.5%
ROE 11.6%16.1%20.0%34.5%33.1%18.7%
ROIC 16.2%20.3%21.8%35.9%32.6%17.7%
Liquidity & Solvency 3
Metric Trend 202520242023202220212020
Current Ratio 1.01.01.31.30.81.0
Quick Ratio 0.90.91.21.20.80.9
Interest Coverage 3.54.2-8.5-14.011.47.3
Efficiency 2
Metric Trend 202520242023202220212020
Asset Turnover 1.11.31.31.51.51.0
Receivables Turnover 8.79.27.88.48.77.2
Per Share 3
Metric Trend 202520242023202220212020
Revenue / Share $94.52$98.50$86.40$96.57$75.74$41.58
Cash Flow / Share $11.72$12.47$11.65$10.65$8.97$6.72
EPS (TTM) $3.72$4.96$5.80$9.02$7.91$3.03
Valuation (TTM) 6
Metric Trend 202520242023202220212020
Revenue TTM $7.88B$8.40B$7.52B$8.81B$7.22B$3.78B
Net Income TTM $311M$422M$505M$823M$754M$276M
P/E 27.827.223.411.114.217.0
Earnings Yield 3.6%3.7%4.3%9.0%7.1%5.9%
Payout Ratio 48.6%31.7%24.0%11.8%12.8%24.5%
Annual Payout $151M$134M$121M$97M$85M$68M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $7.88B $8.40B $7.52B $8.81B $7.22B
Operating Margin % 7.2% 8.6% 10.1% 13.0% 12.3%
Net Income $311M $422M $505M $823M $754M
Diluted EPS $3.72 $4.96 $5.80 $9.02 $7.91

Institutional owners (13F) 317 filers · $8.8B total · As of Sept. 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 317
Value held $8.8B
New positions 65
Exited positions 18
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
65 (+15 vs prior Q) 18 (-7 vs prior Q) 108 (+19 vs prior Q) 96 (+14 vs prior Q) -2.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Caisse de depot et placement du Quebec $910,994,643 6,331,000 10.40% Shares
FIL Ltd $659,226,612 4,579,712 7.53% Shares
FMR LLC $509,335,709 3,538,405 5.82% Shares
ROYAL BANK OF CANADA $496,216,000 3,456,271 5.67% Shares
JANUS HENDERSON GROUP PLC $402,197,816 3,702,480 4.59% Shares
VANGUARD GROUP INC $353,934,021 3,424,218 4.04% Shares
VANGUARD CAPITAL MANAGEMENT LLC $325,188,021 2,259,113 3.71% Shares
1832 Asset Management L.P. $315,484,882 2,197,429 3.60% Shares
JARISLOWSKY, FRASER Ltd $281,846,954 3,201,844 3.22% Shares
Federation des caisses Desjardins du Quebec $262,463,549 1,845,849 3.00% Shares
MACKENZIE FINANCIAL CORP $234,730,445 1,149,794 2.68% Shares
Maple Rock Capital Partners Inc. $203,640,980 1,418,409 2.33% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $189,263,959 1,317,515 2.16% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $188,865,962 1,313,926 2.16% Shares
BANK OF MONTREAL /CAN/ $183,564,769 1,276,521 2.10% Shares
NATIONAL BANK OF CANADA /FI/ $158,278,771 1,110,175 1.81% Shares
NORGES BANK $149,874,825 1,042,239 1.71% Shares
Connor, Clark & Lunn Investment Management Ltd. $136,655,934 950,314 1.56% Shares
Dixon Mitchell Investment Counsel Inc. $120,006,459 833,692 1.37% Shares
GEODE CAPITAL MANAGEMENT, LLC $116,801,814 814,760 1.33% Shares
MORGAN STANLEY $101,205,871 704,922 1.16% Shares
VANGUARD FIDUCIARY TRUST CO $98,312,708 682,988 1.12% Shares
CIBC Asset Management Inc $93,619,891 648,769 1.07% Shares
CIBC WORLD MARKET INC. $92,497,855 643,158 1.06% Shares
GOLDMAN SACHS GROUP INC $87,645,352 610,471 1.00% Shares
BAILLIE GIFFORD & CO $82,347,504 572,278 0.94% Shares
AQR CAPITAL MANAGEMENT LLC $81,681,091 570,537 0.93% Shares
TD Asset Management Inc $78,838,521 547,892 0.90% Shares
CANADA PENSION PLAN INVESTMENT BOARD $61,329,469 426,489 0.70% Shares
Legal & General Group Plc $60,416,559 419,869 0.69% Shares
DIMENSIONAL FUND ADVISORS LP $57,488,344 400,412 0.66% Shares
CITADEL ADVISORS LLC $53,683,121 373,916 0.61% Shares
JPMORGAN CHASE & CO $50,579,512 350,443 0.58% Shares
Vanguard Global Advisers, LLC $47,521,283 330,135 0.54% Shares
TORONTO DOMINION BANK $46,916,326 326,261 0.54% Shares
Hauser Brothers GmbH $45,425,548 316,400 0.52% Shares
BANK OF AMERICA CORP /DE/ $43,375,656 302,122 0.50% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $41,513,642 288,501 0.47% Shares
Schonfeld Strategic Advisors LLC $38,581,994 268,733 0.44% Shares
BCV Asset Management Inc. $38,500,979 266,364 0.44% Shares
CDAM (UK) Ltd $36,547,179 254,560 0.42% Shares
Swiss National Bank $36,211,365 252,300 0.41% Shares
Qube Research & Technologies Ltd $35,012,400 243,852 0.40% Shares
D. E. Shaw & Co., Inc. $34,304,192 238,717 0.39% Shares
TD Waterhouse Canada Inc. $34,207,273 250,009 0.39% Shares
SCOTIA CAPITAL INC. $34,091,384 238,984 0.39% Shares
Hood River Capital Management LLC $33,130,500 230,762 0.38% Shares
TWO SIGMA INVESTMENTS, LP $32,301,096 224,985 0.37% Shares
MONTRUSCO BOLTON INVESTMENTS INC. $30,398,241 211,254 0.35% Shares
Scheer, Rowlett & Associates Investment Management Ltd. $29,971,111 208,421 0.34% Shares

Show all 317 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
TRANSFORCE INC., TFI HOLDINGS INC. ×9 filings Dec. 30, 2013 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 35 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
NRSH · Tidal Trust I 3.06% 6,807 NS July 31, 2026 N-PORT
AZTD · Tidal Trust I 1.93% 5,411 NS July 31, 2026 N-PORT
PID · Invesco Exchange-Traded Fund Trust 0.75% 52,347 SH Oct. 1, 2026 Daily
SHPP · Pacer Funds Trust 0.57% 88 NS July 31, 2026 N-PORT
RODM · Lattice Strategies Trust 0.46% 55,737 NS July 31, 2026 N-PORT
BBCA · J.P. Morgan Exchange-Traded Fund Tr… 0.34% 274,149 NS July 31, 2026 N-PORT
EWC · iShares, Inc. 0.33% 173,028 SH Sept. 11, 2026 Daily
VIGI · VANGUARD WHITEHALL FUNDS 0.20% 126,152 SH Aug. 19, 2026 Daily
DIHP · Dimensional ETF Trust 0.11% 50,229 NS July 31, 2026 N-PORT
IMTM · iShares Trust 0.06% 20,231 SH Sept. 11, 2026 Daily
DFSI · Dimensional ETF Trust 0.05% 4,601 NS July 31, 2026 N-PORT
DFIC · Dimensional ETF Trust 0.05% 58,620 NS July 31, 2026 N-PORT
SPWO · SP Funds Trust 0.05% 768 NS July 31, 2026 N-PORT
DFAX · Dimensional ETF Trust 0.05% 42,521 NS July 31, 2026 N-PORT
DFIS · Dimensional ETF Trust 0.05% 20,057 NS July 31, 2026 N-PORT
IGRO · iShares Trust 0.05% 4,591 SH Sept. 11, 2026 Daily
DFAI · Dimensional ETF Trust 0.04% 53,727 NS July 31, 2026 N-PORT
DXIV · Dimensional ETF Trust 0.04% 600 NS July 31, 2026 N-PORT
BKIE · BNY Mellon ETF Trust 0.04% 3,841 NS July 31, 2026 N-PORT
PXF · Invesco Exchange-Traded Fund Trust … 0.04% 9,089 SH Sept. 30, 2026 Daily
IDEV · iShares Trust 0.03% 85,369 SH Sept. 11, 2026 Daily
PABD · iShares Trust 0.03% 829 SH Sept. 11, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 180,647 SH Aug. 19, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.03% 752,599 SH Aug. 19, 2026 Daily
ACWX · iShares Trust 0.03% 26,137 SH Sept. 11, 2026 Daily
GLBL · Pacer Funds Trust 0.02% 2 NS July 31, 2026 N-PORT
TLTD · FlexShares Trust 0.02% 1,188 NS July 31, 2026 N-PORT
IXUS · iShares Trust 0.02% 106,205 SH Sept. 11, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.02% 1,777 SH Sept. 30, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.02% 1,136,452 SH Aug. 19, 2026 Daily
TOK · iShares Trust 0.01% 218 SH Sept. 10, 2026 Daily
URTH · iShares, Inc. 0.01% 6,860 SH Sept. 10, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 63,103 SH Aug. 19, 2026 Daily
ACWI · iShares Trust 0.01% 23,788 SH Sept. 10, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III -0.03% -5,932 NS July 31, 2026 N-PORT

TFII Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 24 analysts BUY
Median target $175.00 +47.2%
6 25.0% Strong Buy
12 50.0% Buy
6 25.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

13 analysts · 2026-09-20

Mean target $174.08 +46.4%

← Below all targets Current price $118.90
Low$158.00 Mean$174.08 High$205.00

Latest News Recent headlines mentioning this company

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Source: SEC 40-F filed Feb 17, 2026