The earnings call highlighted strategic steps taken by TFI International, such as increasing dividends and buying back shares, indicating confidence in the company's financial stability. However, significant revenue and income declines across multiple segments, particularly in Logistics and Truckload, and ongoing challenges in the Canadian market present notable concerns. While the company is optimistic about 2026, current market conditions remain subdued.

Company Guidance

In the third quarter of fiscal year 2025, TFI International reported a total revenue before fuel surcharge of $1.7 billion, down from $1.9 billion in the same period last year. The company's operating income was $153 million, resulting in a margin of 8.9%. Adjusted net income was $99 million, compared to $134 million in the third quarter of 2024, with an adjusted EPS of $1.20 versus $1.58 a year ago. Free cash flow for the quarter was nearly $200 million, bringing the year-to-date total to over $570 million. The company also announced a 4% increase in its quarterly dividend to $0.47 per share, suggesting a yield of close to 2%. Additionally, TFI repurchased $67 million worth of shares during the quarter, contributing to a total return of capital to shareholders exceeding $100 million. For the fourth quarter, TFI anticipates adjusted diluted EPS to be between $0.80 and $0.90 and expects full-year net CapEx, excluding real estate, to range from $100 million to $175 million.

Dividend Increase and Share Repurchase

TFI International's Board approved a 4% increase in the quarterly dividend to $0.47 per share. The company also repurchased a total of $67 million worth of shares during the quarter.

Strong Free Cash Flow

Year-to-date free cash flow exceeded $570 million, slightly above last year, allowing for strategic investments and shareholder returns.

U.S. LTL Service Improvement

The U.S. LTL operation showed progress on margins for a second consecutive quarter, with improvements in operational metrics like on-time delivery and reduced missed pickups.

TFI International (TSE:TFII) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:TFII Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 09, 2026	2025 (Q4)	1.22 / -	1.67	―	―	―
Oct 30, 2025	2025 (Q3)	1.69 / 1.68	2.245	-25.00% (-0.56)
Jul 28, 2025	2025 (Q2)	1.73 / 1.88	2.399	-21.64% (-0.52)
Apr 23, 2025	2025 (Q1)	1.30 / 1.07	1.74	-38.71% (-0.67)
Feb 19, 2025	2024 (Q4)	2.22 / 1.67	2.399	-30.41% (-0.73)
Oct 21, 2024	2024 (Q3)	2.48 / 2.24	2.203	1.91% (+0.04)
Jul 25, 2024	2024 (Q2)	2.27 / 2.40	2.231	7.55% (+0.17)
Apr 25, 2024	2024 (Q1)	1.90 / 1.74	1.866	-6.77% (-0.13)
Feb 08, 2024	2023 (Q4)	2.34 / 2.40	2.413	-0.58% (-0.01)
Oct 23, 2023	2023 (Q3)	2.43 / 2.20	2.82	-21.89% (-0.62)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:TFII Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 30, 2025	C$122.13	C$126.04	+3.20%
Jul 28, 2025	C$123.47	C$128.41	+4.00%
Apr 23, 2025	C$107.87	C$115.77	+7.32%
Feb 19, 2025	C$178.64	C$141.50	-20.79%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.