TFI International reports Q4 adjusted EPS $1.09, consensus 85c

Reports Q4 revenue $1.91B, consensus $1.92B. “We finished 2025 on a favorable note, delivering robust free cash flow that topped $10 per share for the year, driven by our entire team’s keen emphasis on customer service and operational efficiencies,” said Alain Bedard, chairman, president and CEO. “As we prepare for stronger freight fundamentals, we were able to improve our operating ratio for U.S. LTL which has been an ongoing area of focus. We’re also tapping into attractive growth opportunities today that will further leverage our unique infrastructure and capabilities. The end result of our strong execution was evident during the fourth quarter, with free cash flow some 25% higher than the year-earlier period, further strengthening our fortress balance sheet and supporting strategic allocation of capital to internal growth investments and attractive M&A. Importantly, we were also able to return significant capital to shareholders, raising our dividend in the fourth quarter and repurchasing well over $200 million worth of common shares during the year, which are key components of our ongoing approach to creating long-term shareholder value.”