TFI International (TFII) AI Stock Analysis

• Market Cap: $10.00B
• Dividend Yield: 2.03%
• Average Volume (3M): 280.96K
• Price to Earnings (P/E): 20.0
• Beta (1Y): 1.06
• Revenue Growth: 16.00%
• EPS Growth: -17.63%
• Country: CA
• Employees: 26,312
• Sector: Industrials
• Sector Strength: 86
• Industry: Trucking
• EPS (TTM): 1.86
• Shares Outstanding: 83,022,260
• 10 Day Avg. Volume: 333,580
• 30 Day Avg. Volume: 280,962
• PEG Ratio: -2.50
• Price to Book (P/B): 2.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.81
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 0.86
• Enterprise Value/Gross Profit: 24.64
• Enterprise Value/Ebitda: 7.99
• 1Y Price Target: $147.02
• Price Target Upside: 22.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14

• Rating: 63 Neutral
• Price Target: ―

TFI International's overall stock score of 63 reflects a mix of strengths and challenges. Strong financial performance and cash flow are key positives, but technical indicators suggest bearish momentum. Valuation is reasonable, and while the earnings call shows resilience, operational difficulties persist. Corporate events reinforce governance strength, but do not significantly alter the score.

Positive Factors

Customer Base Recovery

The mix of higher margin SMB accounts has begun to recover after a loss of business in 2024 which left the network over indexed to lower margin enterprise customers.

Share Buybacks

TFII continued to repurchase shares, buying back $85MM in 2Q.

Technology Initiatives

TForce is working to implement new billing software that has seen notable DSO improvements and other technology initiatives.

Negative Factors

Earnings Miss

Adjusted EPS of $0.76 and EBIT of $107.7m fell 17% below consensus and 5% below BMOe with misses in Truckload, Logistics, and Parcel.

Market Share Loss

Cargo claims remained elevated at 0.9% and there was a loss in market share with shipments declining 5.5%.

Tariff Uncertainty

The industrial end market in the U.S. is exposed to tariff uncertainty leading to pressure on total volumes.

TFI International Business Overview & Revenue Model

Company Description

TFI International Inc. is a leading North American transportation and logistics company, headquartered in Montreal, Canada. It operates across four main business segments: Package and Courier, Less-Than-Truckload (LTL), Truckload, and Logistics. The company provides a wide range of transportation services, including expedited services, temperature-controlled transport, and intermodal transport, catering to diverse industries such as e-commerce, manufacturing, and retail.

How the Company Makes Money

TFI International makes money by offering a variety of transportation and logistics services across North America. Its revenue model is primarily based on freight charges for moving goods through its network of trucks and intermodal services. The Package and Courier segment earns through parcel delivery services, often catering to e-commerce businesses. The Less-Than-Truckload and Truckload segments generate revenue by transporting goods that do not require a full truck's capacity or require full truckload services, respectively. The Logistics segment contributes by providing supply chain solutions, including freight brokerage and warehousing services. The company also benefits from strategic acquisitions and partnerships that expand its service offerings and geographic reach, enhancing its revenue potential.

TFI International Financial Statement Overview

Summary

TFI International demonstrates solid financial health with strong cash flow generation and steady revenue growth. Income statement shows good operational efficiency but faces net income pressures. The balance sheet indicates manageable leverage, though debt levels and equity trends require monitoring.

Income Statement

TFI International exhibits solid revenue growth with a TTM revenue of $8.49 billion, translating to a 1.12% increase from the previous annual period. The gross profit margin is a modest 5.91% in the TTM, while EBIT and EBITDA margins are reasonably healthy at 8.03% and 16.78%, respectively. However, the net profit margin has decreased slightly to 4.54%, indicating some pressure on net earnings.

Balance Sheet

The company's debt-to-equity ratio stands at 1.12, suggesting a moderate reliance on debt. The return on equity is 14.65%, which is strong but shows a decline from previous years. The equity ratio is 36.97%, indicating a balanced approach to leveraging assets, though the decrease in stockholders' equity raises some concerns about future financial flexibility.

Cash Flow

TFI International's cash flow position is robust, with a TTM free cash flow of $693.72 million, up by 4.55% from the previous year. The operating cash flow to net income ratio of 2.74 indicates a healthy conversion of earnings to cash. The free cash flow to net income ratio of 1.80 suggests strong cash generation relative to net income, providing financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.40B	7.52B	8.81B	7.22B	3.78B
Gross Profit	1.25B	1.27B	1.43B	1.04B	541.88M
EBITDA	1.29B	1.19B	2.05B	1.72B	963.52M
Net Income	422.48M	504.88M	823.23M	754.40M	275.68M
Balance Sheet
Total Assets	7.15B	6.28B	5.51B	5.75B	3.85B
Cash, Cash Equivalents and Short-Term Investments	0.00	335.56M	147.12M	19.29M	4.30M
Total Debt	2.98B	2.34B	1.73B	2.04B	1.23B
Total Liabilities	4.47B	3.69B	3.04B	3.53B	2.06B
Stockholders Equity	2.67B	2.59B	2.46B	2.22B	1.79B
Cash Flow
Free Cash Flow	663.56M	649.52M	614.70M	579.55M	466.49M
Operating Cash Flow	1.06B	1.01B	971.64M	855.35M	610.86M
Investing Cash Flow	-1.24B	-797.33M	223.42M	-1.16B	-378.48M
Financing Cash Flow	-164.44M	-28.07M	-1.07B	322.30M	-228.08M

TFI International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 120.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TFII, the sentiment is Negative. The current price of 120.5 is below the 20-day moving average (MA) of 123.82, below the 50-day MA of 122.03, and below the 200-day MA of 152.19, indicating a bearish trend. The MACD of 0.25 indicates Positive momentum. The RSI at 45.96 is Neutral, neither overbought nor oversold. The STOCH value of 32.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TFII.

TFI International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUS	81 Outperform	$2.49B	16.74	9.30%	3.81%	-0.13%	-33.06%
CJT	76 Outperform	$1.57B	12.84	15.65%	1.42%	16.28%	239.02%
SES	75 Outperform	C$3.57B	19.36	21.26%	2.64%	3.90%	-57.75%
WJX	73 Outperform	C$510.62M	12.46	8.09%	5.93%	-2.65%	-47.65%
MTL	72 Outperform	C$1.17B	11.67	9.99%	6.35%	5.52%	-18.01%
Sector *	71 Outperform	¥269.60B	14.19	8.47%	2.85%	6.33%	12.37%
TFII	63 Neutral	$10.00B	19.97	13.80%	2.03%	16.00%	-17.63%

TFI International Corporate Events

TFI International Reports Q1 2025 Results Amid Market Challenges

TFI International reported a decrease in operating income and net income for the first quarter of 2025 compared to the same period in the previous year, primarily due to weaker market demand. Despite these challenges, the company achieved a significant 40% increase in free cash flow, driven by strategic investments and operational excellence, while maintaining its commitment to shareholder returns through dividends and share repurchases.

Spark’s Take on TSE:TFII Stock

According to Spark, TipRanks’ AI Analyst, TSE:TFII is a Neutral.

TFI International’s overall stock score of 69 reflects its strong financial performance and reasonable valuation, offset by bearish technical indicators and a cautious outlook from the latest earnings call. The company’s solid cash flow generation and dividend increase are positives, but ongoing industry challenges and market uncertainties remain concerns.

To see Spark’s full report on TSE:TFII stock, click here.

TFI International Announces Successful Election of Directors

TFI International Inc. announced the successful election of all proposed directors at its Annual Meeting of shareholders. The election results, with a majority of votes cast in favor, reflect strong shareholder support for the company’s leadership. This outcome reinforces TFI International’s stable governance and strategic direction in the transportation and logistics industry.

Spark’s Take on TSE:TFII Stock

According to Spark, TipRanks’ AI Analyst, TSE:TFII is a Neutral.

TFI International’s overall stock score of 69 reflects its strong financial performance and reasonable valuation, offset by bearish technical indicators and a cautious outlook from the latest earnings call. The company’s solid cash flow generation and dividend increase are positives, but ongoing industry challenges and market uncertainties remain concerns.

To see Spark’s full report on TSE:TFII stock, click here.

TFI International to Announce Q1 2025 Financial Results

TFI International announced it will release its first-quarter financial results for 2025 on April 23, 2025, after market close. The results will be discussed in a webcast on April 24, 2025, led by Chairman and CEO Alain Bédard. This announcement is significant for stakeholders as it provides insights into the company’s financial health and strategic direction, potentially impacting its market positioning and investor confidence.

TFI International Declares Quarterly Dividend

TFI International announced a quarterly dividend of US $0.45 per common share, payable on April 15, 2025, to shareholders recorded by March 31, 2025. This decision reflects the company’s ongoing commitment to delivering shareholder value and underscores its strong financial position in the transportation and logistics sector.

TFI International Retains Canadian Corporation Status

TFI International Inc. announced it will retain its Canadian corporation status, reversing its previous plan to re-domicile to the United States. This decision was influenced by shareholder feedback, highlighting the company’s responsiveness to stakeholder concerns and its commitment to maintaining its current operational and market positioning.