TFI International (TFII.TO) Financial Statements
Price: $107.5
Market Cap: $9.07B
Avg Volume: 330.95K
Market Cap: $9.07B
Avg Volume: 330.95K
Country: CA
Industry: Trucking
Sector: Industrials
Industry: Trucking
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of TFI International.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.40B | $7.52B | $8.81B | $7.22B | $3.78B | $3.96B | $3.76B | $3.77B | $2.99B | $2.90B |
| Cost of Revenue | $7.15B | $6.26B | $7.39B | $6.18B | $3.24B | $3.46B | $3.25B | $3.36B | $2.64B | $2.55B |
| Gross Profit | $1.25B | $1.27B | $1.43B | $1.04B | $541.88M | $502.63M | $510.01M | $405.21M | $358.23M | $352.55M |
| Gross Profit Ratio | 14.90% | 16.82% | 16.19% | 14.37% | 14.33% | 12.68% | 13.56% | 10.75% | 11.96% | 12.14% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $76.31M | $84.92M | $139.40M | $104.12M | $23.11M | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $501.36M | $361.82M | $247.93M | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $76.31M | $84.92M | $640.76M | $465.94M | $271.04M | $206.86M | $279.66M | $268.50M | $243.21M | $240.23M |
| Other Expenses | $456.11M | $422.83M | $492.29M | $380.34M | $150.57M | $158.51M | $205.47M | $213.60M | $181.32M | $173.12M |
| Operating Expenses | $532.41M | $507.76M | $492.29M | $380.34M | $150.57M | $158.51M | $205.47M | $213.60M | $181.32M | $173.12M |
| Cost and Expenses | $7.68B | $6.76B | $7.88B | $6.56B | $3.39B | $3.62B | $3.46B | $3.58B | $2.82B | $2.72B |
| Interest Income | $7.72M | $8.12M | $1.75M | $5.13M | $2.78M | $2.30M | $2.06M | $2.10M | $1.77M | $65.73M |
| Interest Expense | $151.97M | $75.47M | $82.15M | $78.14M | $56.69M | $58.82M | $40.09M | $45.14M | $30.65M | $- |
| Depreciation and Amortization | $582.07M | $441.98M | $560.57M | $492.76M | $401.36M | $392.29M | $260.59M | $270.76M | $193.09M | $126.99M |
| EBITDA | $1.29B | $1.19B | $2.05B | $1.72B | $963.52M | $903.14M | $521.27M | $451.46M | $325.58M | $314.92M |
| EBITDA Ratio | 15.42% | 15.88% | 23.31% | 23.88% | 25.48% | 22.78% | 13.86% | 11.97% | 10.87% | 10.84% |
| Operating Income | $718.96M | $757.63M | $1.15B | $662.65M | $416.57M | $391.66M | $316.09M | $193.82M | $192.11M | $199.22M |
| Operating Income Ratio | 8.56% | 10.07% | 13.00% | 9.18% | 11.02% | 9.88% | 8.40% | 5.14% | 6.41% | 6.86% |
| Total Other Income Expenses Net | $-158.24M | $-80.87M | $-80.40M | $-163.06M | $-53.91M | $-62.11M | $66.13M | $-76.47M | $-34.17M | $1.53M |
| Income Before Tax | $560.72M | $676.76M | $1.07B | $816.17M | $362.66M | $326.10M | $280.62M | $93.32M | $151.28M | $144.67M |
| Income Before Tax Ratio | 6.68% | 9.00% | 12.09% | 11.30% | 9.59% | 8.23% | 7.46% | 2.48% | 5.05% | 4.98% |
| Income Tax Expense | $138.24M | $171.89M | $242.41M | $151.81M | $86.98M | $77.70M | $66.24M | $-32.32M | $34.43M | $39.65M |
| Net Income | $422.48M | $504.88M | $823.23M | $754.40M | $275.68M | $237.53M | $214.38M | $125.64M | $475.84M | $117.78M |
| Net Income Ratio | 5.03% | 6.71% | 9.34% | 10.45% | 7.29% | 5.99% | 5.70% | 3.33% | 15.89% | 4.06% |
| EPS | $4.99 | $5.88 | $9.21 | $8.11 | $3.09 | $2.85 | $2.44 | $1.39 | $5.08 | $1.17 |
| EPS Diluted | $4.96 | $5.80 | $9.02 | $7.91 | $3.03 | $2.78 | $2.36 | $1.35 | $4.98 | $1.15 |
| Weighted Average Shares Outstanding | 84.61M | 85.91M | 89.36M | 93.05M | 89.11M | 83.39M | 87.97M | 90.49M | 93.71M | 100.21M |
| Weighted Average Shares Outstanding Diluted | 85.24M | 87.05M | 91.26M | 95.34M | 90.93M | 85.36M | 90.80M | 92.78M | 95.52M | 101.99M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $- | $335.56M | $147.12M | $19.29M | $4.30M | $- | $- | $- | $2.72M | $- |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $741.00K | $- |
| Cash and Short Term Investments | $- | $335.56M | $147.12M | $19.29M | $4.30M | $- | $- | $- | $2.72M | $- |
| Net Receivables | $939.65M | $918.41M | $1.04B | $1.06B | $605.48M | $- | $- | $462.79M | $431.93M | $- |
| Inventory | $17.96M | $23.96M | $24.18M | $24.40M | $8.76M | $- | $- | $7.39M | $6.34M | $- |
| Other Current Assets | $79.44M | $58.07M | $48.75M | $56.46M | $34.23M | $- | $- | $54.35M | $30.68M | $- |
| Total Current Assets | $1.04B | $1.34B | $1.26B | $1.16B | $652.77M | $- | $- | $518.82M | $471.74M | $- |
| Property Plant Equipment Net | $3.43B | $2.84B | $2.51B | $2.73B | $1.41B | $- | $- | $952.38M | $1.04B | $- |
| Goodwill | $1.92B | $1.48B | $1.28B | $1.42B | $1.38B | $- | $- | $1.11B | $1.10B | $- |
| Intangible Assets | $701.34M | $536.22M | $310.78M | $368.11M | $374.16M | $- | $- | $350.75M | $377.20M | $- |
| Goodwill and Intangible Assets | $2.62B | $2.02B | $1.59B | $1.79B | $1.75B | $- | $- | $1.46B | $1.48B | $- |
| Long Term Investments | $22.10M | $50.21M | $85.96M | $31.39M | $9.73M | $1.07M | $- | $5.02M | $11.82M | $- |
| Tax Assets | $13.72M | $20.61M | $27.05M | $29.70M | $11.21M | $- | $- | $4.09M | $6.26M | $- |
| Other Non-Current Assets | $22.19M | $16.39M | $23.55M | $6.45M | $14.17M | $-1.07M | $- | $26.94M | $20.99M | $- |
| Total Non-Current Assets | $6.11B | $4.95B | $4.24B | $4.59B | $3.20B | $- | $- | $2.45B | $2.56B | $- |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $1 | $- |
| Total Assets | $7.15B | $6.28B | $5.51B | $5.75B | $3.85B | $- | $- | $2.96B | $3.03B | $- |
| Account Payables | $430.58M | $450.64M | $498.78M | $612.09M | $327.62M | $- | $- | $243.17M | $236.95M | $- |
| Short Term Debt | $252.68M | $301.75M | $153.02M | $478.93M | $131.52M | $- | $- | $49.16M | $30.13M | $- |
| Tax Payables | $8.99M | $2.44M | $41.71M | $16.25M | $33.22M | $- | $- | $11.06M | $42.94M | $- |
| Deferred Revenue | $- | $- | $- | $55.26M | $50.67M | $- | $- | $132.24M | $177.05M | $- |
| Other Current Liabilities | $311.40M | $311.28M | $273.17M | $298.85M | $162.10M | $- | $- | $232.36M | $267.12M | $- |
| Total Current Liabilities | $1.00B | $1.07B | $966.68M | $1.41B | $654.46M | $- | $- | $426.04M | $429.38M | $- |
| Long Term Debt | $2.73B | $2.04B | $1.58B | $1.56B | $1.10B | $- | $- | $1.15B | $1.15B | $- |
| Deferred Revenue Non-Current | $- | $146.57M | $- | $151.67M | $52.30M | $- | $- | $-1.06B | $-1.21B | $- |
| Deferred Tax Liabilities Non-Current | $521.25M | $433.24M | $368.19M | $408.62M | $232.71M | $- | $- | $206.91M | $314.96M | $- |
| Other Non-Current Liabilities | $217.03M | $3.70M | $132.12M | $8.03M | $22.70M | $- | $- | $626.88M | $842.13M | $- |
| Total Non-Current Liabilities | $3.47B | $2.63B | $2.08B | $2.13B | $1.40B | $- | $- | $1.41B | $1.51B | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $4.47B | $3.69B | $3.04B | $3.53B | $2.06B | $- | $- | $1.84B | $1.94B | $- |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $2 | $2 | $- |
| Common Stock | $1.14B | $1.11B | $1.09B | $1.13B | $1.12B | $- | $- | $565.44M | $538.20M | $- |
| Retained Earnings | $1.84B | $1.65B | $1.57B | $1.19B | $805.07M | $- | $- | $544.66M | $493.31M | $- |
| Accumulated Other Comprehensive Income Loss | $-331.90M | $-200.54M | $-239.12M | $-144.66M | $-154.72M | $- | $- | $-2.24M | $38.67M | $- |
| Other Total Stockholders Equity | $30.97M | $37.68M | $913.29M | $647.12M | $505.47M | $- | $- | $17.49M | $15.05M | $- |
| Total Stockholders Equity | $2.67B | $2.59B | $2.46B | $2.22B | $1.79B | $- | $- | $1.13B | $1.09B | $- |
| Total Equity | $2.67B | $2.59B | $2.46B | $2.22B | $1.79B | $- | $- | $1.13B | $1.09B | $- |
| Total Liabilities and Stockholders Equity | $7.15B | $6.28B | $5.51B | $5.75B | $3.85B | $- | $- | $2.96B | $3.03B | $- |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $7.15B | $6.28B | $5.51B | $5.75B | $3.85B | $- | $- | $2.96B | $3.03B | $- |
| Total Investments | $22.10M | $50.21M | $85.96M | $31.39M | $9.73M | $1.07M | $- | $5.02M | $11.82M | $- |
| Total Debt | $2.98B | $2.34B | $1.73B | $2.04B | $1.23B | $- | $- | $1.20B | $1.18B | $- |
| Net Debt | $2.98B | $2.01B | $1.58B | $2.02B | $1.22B | $- | $- | $1.20B | $1.18B | $- |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $422.48M | $504.88M | $823.23M | $664.36M | $275.68M | $248.40M | $214.38M | $125.64M | $116.85M | $105.02M |
| Depreciation and Amortization | $582.07M | $441.98M | $430.59M | $393.03M | $299.23M | $300.31M | $191.33M | $329.02M | $143.65M | $126.99M |
| Deferred Income Tax | $138.24M | $171.89M | $242.41M | $151.81M | $86.98M | $77.70M | $66.24M | $-32.32M | $34.43M | $39.65M |
| Stock Based Compensation | $11.07M | $13.45M | $14.65M | $15.42M | $7.05M | $6.33M | $4.35M | $5.42M | $4.59M | $3.13M |
| Change in Working Capital | $11.57M | $106.63M | $-147.45M | $41.94M | $33.66M | $15.00M | $9.29M | $-9.26M | $10.91M | $41.49M |
| Accounts Receivables | $145.43M | $296.95M | $-80.03M | $-128.56M | $-20.87M | $0 | $-1.93M | $11.57M | $29.83M | $- |
| Inventory | $8.10M | $6.53M | $-1.50M | $-1.23M | $2.20M | $2.32M | $318.64K | $-189.26K | $621.98K | $- |
| Accounts Payables | $- | $-296.95M | $80.03M | $128.56M | $20.87M | $-50.39M | $11.61M | $-27.85M | $-20.74M | $- |
| Other Working Capital | $-141.97M | $100.10M | $-145.96M | $43.17M | $31.46M | $63.07M | $-719.51K | $7.20M | $1.19M | $57.58M |
| Other Non Cash Items | $-102.78M | $-224.98M | $-391.78M | $-411.21M | $-91.73M | $-150.83M | $-86.55M | $-163.88M | $-60.24M | $-10.07M |
| Net Cash Provided by Operating Activities | $1.06B | $1.01B | $971.64M | $855.35M | $610.86M | $496.92M | $399.04M | $254.61M | $250.19M | $306.21M |
| Investments in Property Plant and Equipment | $-392.82M | $-364.32M | $-356.94M | $-275.80M | $-144.38M | $-268.81M | $-234.00M | $-207.73M | $-83.53M | $-113.56M |
| Acquisitions Net | $-957.96M | $-628.70M | $387.98M | $-1.01B | $-325.30M | $-153.41M | $-114.89M | $145.26M | $-593.93M | $-32.26M |
| Purchases of Investments | $- | $-41.72M | $-80.55M | $-35.91M | $-7.45M | $-602.48K | $-443.46K | $- | $-22.10M | $- |
| Sales Maturities of Investments | $19.07M | $89.22M | $12.93M | $40.69M | $50.45M | $1.86M | $58.45M | $6.29M | $9.97M | $- |
| Other Investing Activities | $87.10M | $148.18M | $260.01M | $116.50M | $48.19M | $112.48M | $24.75M | $114.31M | $619.18M | $75.09M |
| Net Cash Used for Investing Activities | $-1.24B | $-797.33M | $223.42M | $-1.16B | $-378.48M | $-308.49M | $-266.14M | $-87.13M | $-70.41M | $-70.73M |
| Debt Repayment | $66.51M | $424.43M | $-344.39M | $613.52M | $-652.51M | $172.62M | $24.96M | $-65.26M | $-26.31M | $-99.30M |
| Common Stock Issued | $- | $- | $21.48M | $25.22M | $425.35M | $21.76M | $16.83M | $6.23M | $6.52M | $2.14M |
| Common Stock Repurchased | $-106.17M | $-334.61M | $-577.17M | $-271.54M | $-42.86M | $-258.18M | $-145.69M | $-68.57M | $-114.67M | $-87.74M |
| Dividends Paid | $-133.93M | $-121.09M | $-97.32M | $-85.39M | $-67.60M | $-61.78M | $-54.40M | $-54.88M | $-47.66M | $-49.40M |
| Other Financing Activities | $9.15M | $3.21M | $-48.36M | $8.90M | $132.62M | $-102.42M | $-44.61M | $18.32M | $27.99M | $963.47K |
| Net Cash Used Provided by Financing Activities | $-164.44M | $-28.07M | $-1.07B | $322.30M | $-228.08M | $-188.43M | $-132.90M | $-170.39M | $-177.06M | $-235.48M |
| Effect of Forex Changes on Cash | $10.85M | $- | $- | $- | $- | $1 | $1 | $- | $- | $- |
| Net Change in Cash | $-335.56M | $188.44M | $127.83M | $14.99M | $4.30M | $0 | $-0 | $-2.91M | $2.72M | $-0 |
| Cash at End of Period | $- | $335.56M | $147.12M | $19.29M | $4.30M | $0 | $-0 | $-0 | $2.72M | $-0 |
| Cash at Beginning of Period | $335.56M | $147.12M | $19.29M | $4.30M | $- | $- | $- | $2.91M | $0 | $0 |
| Operating Cash Flow | $1.06B | $1.01B | $971.64M | $855.35M | $610.86M | $496.92M | $399.04M | $254.61M | $250.19M | $306.21M |
| Capital Expenditure | $-399.09M | $-364.32M | $-356.94M | $-275.80M | $-144.38M | $-268.81M | $-234.00M | $-207.73M | $-83.53M | $-113.56M |
| Free Cash Flow | $663.56M | $649.52M | $614.70M | $579.55M | $466.49M | $228.11M | $165.03M | $46.88M | $166.65M | $192.65M |