- TFI International reported an adjusted EPS of $1.85 for Q2 2026, compared to $1.34 last year and beating analyst estimates of $1.60.
- Operating income increased by 29% year-over-year to $220.4 million, surpassing the expected $191.4 million.
- Adjusted EBITDA reached $363.9 million, an 11% increase year-over-year, exceeding the forecasted $343.1 million.
- Total revenue for the quarter was $2.29 billion, up 12% from the previous year and higher than the anticipated $2.2 billion.
- Excluding fuel surcharges, revenue was $1.90 billion, marking a 5.9% increase year-over-year, against an estimate of $1.88 billion.
- Logistics revenue grew by 9.9% to $431.9 million.
- Less-than-Truckload (LTL) revenue was $724.9 million, a 3% increase year-on-year.
- Truckload revenue increased by 6.8% to $760.8 million.
- Adjusted net income for the quarter was $152.5 million, a 36% increase year-over-year, exceeding expectations of $132.5 million.
- TFI International plans to invest between $225 million and $250 million in net capital expenditures for the year, excluding real estate.
- The company projects Q3 2026 adjusted diluted EPS to be between $1.70 and $1.80, barring significant changes in the operating environment.
- Strong performance led to over $200 million in free cash flow, enhancing balance sheet strength and supporting strategic investments in freight opportunities.
- Analysts have given 15 buy ratings, 4 hold ratings, and no sell ratings for the company’s stock.
Tfi International on Smartkarma
Analysts at Baptista Research on Smartkarma have published a bullish report on TFI International, pointing out that the company’s performance goes beyond just its less-than-truckload (LTL) segment. The report, titled “TFI International Is Not Just An LTL Story — Here’s Why Truckload Productivity Matters!“, highlights the first-quarter 2026 results of TFI International. The company reported adjusted diluted earnings per share of $0.69 and a stable revenue base of $1.7 billion. The operating earnings were $97 million with a 5.7% margin, and net cash from operating activities reached $122 million. TFI International’s strong financial position was underscored by its $124 million in free cash flow and a funded debt-to-EBITDA ratio of 2.6 as of March.
A look at Tfi International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
TFI International Inc, a key player in the transportation and logistics industry, stands out with a notable overall outlook reflected in the Smartkarma Smart Scores. With a strong momentum score, TFI International is positioned to capitalize on its current market trends and potentially outperform its competitors in the near future. While the company scores moderately on value, dividend, and growth factors, its resilience score indicates a stable foundation that can weather market uncertainties, providing investors with a level of confidence in its long-term prospects.
TFI International’s strategic focus on identifying valuable acquisitions and effectively managing its diverse network of subsidiaries has bolstered its position in the market. Operating across the United States, Canada, and Mexico, the company has established a strong presence in key regions, further enhancing its growth potential. With a balanced set of Smart Scores, including a high momentum rating, TFI International appears well-positioned for sustained success in the long run, making it an intriguing prospect for investors seeking stability and growth in the transportation and logistics sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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