TFI International (MEX:TFII N) Debt-to-EBITDA : 3.31 (As of Mar. 2026) — 46% Above Median

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MEX:TFII N TFI International Inc MEX:TFII N
94 GF Score
Price MXN1,577.84
GF Value MXN1,376.85
! 9 Warning Signs
View Full Analysis

What is TFI International Debt-to-EBITDA?

TFI International MEX:TFII N 94 Debt-to-EBITDA is 3.31 as of Mar. 2026, which is 46% above its 10-year median of 2.27. GuruFocus rates MEX:TFII N with a GF Score™ of 94/100 and a GF Value™ of MXN1,376.85. The stock has 9 warning signs investors should review. Among 870 Transportation companies, TFI International ranks worse than 52.18% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

TFI International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN6,881 Mil. TFI International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN50,476 Mil. TFI International's annualized EBITDA for the quarter that ended in Mar. 2026 was MXN17,330 Mil. TFI International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.31.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for TFI International's Debt-to-EBITDA or its related term are showing as below:

MEX:TFII N' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.11   Med: 2.27   Max: 3.62
Current: 2.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of TFI International was 3.62. The lowest was 1.11. And the median was 2.27.

MEX:TFII N's Debt-to-EBITDA is ranked worse than
52.18% of 870 companies
in the Transportation industry
Industry Median: 2.64 vs MEX:TFII N: 2.78

TFI International  (MEX:TFII N) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


TFI International Debt-to-EBITDA Related Terms


TFI International Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TFI International's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TFI International Debt-to-EBITDA Chart

TFI International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.11 1.96 2.30 2.78

TFI International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 2.33 2.48 2.94 3.31

MEX:TFII N vs ODFL, XPO, KNX: Debt-to-EBITDA Comparison

For the Trucking subindustry, TFI International's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TFI International Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TFI International's Debt-to-EBITDA falls into.


MEX:TFII N
94GF Score
TFI International Inc MEX:TFII N
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TFI International Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

TFI International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7131.067 + 50919.219) / 20917.546
=2.78

TFI International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6880.683 + 50476.25) / 17329.928
=3.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.31 mean?
TFI International (MEX:TFII N) has a Debt-to-EBITDA of 3.31 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TFI International. This is 46% above median its historical median of 2.27. Over the past decade, TFI International's Debt-to-EBITDA has ranged from 1.11 to 3.62. According to the industry distribution chart, TFI International ranks #454 out of 870 companies in the Transportation industry, placing it in the top 52.2%.
Is TFI International's Debt-to-EBITDA too high?
TFI International's current Debt-to-EBITDA of 3.31 is 46% above median its 10-year median of 2.27. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 3.62. The Transportation industry median Debt-to-EBITDA is 2.64. TFI International's value of 3.31 is 25.4% above this industry median. Based on the distribution chart, TFI International ranks #454 out of 870 companies in the Transportation industry, which is below the industry midpoint. Overall, TFI International has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does TFI International's Debt-to-EBITDA compare to ODFL and XPO?
According to the Transportation industry distribution chart, TFI International ranks #454 out of 870 companies for Debt-to-EBITDA. This places TFI International in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. TFI International's value of 3.31 is 25.4% above this benchmark. Historically, TFI International's own Debt-to-EBITDA has ranged from 1.11 to 3.62 over the past decade. While the company's 10-year median is 2.27 vs. the industry median of 2.64, TFI International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TFI International's current Debt-to-EBITDA of 3.31 is 25.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TFI International. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI International's current Debt-to-EBITDA is 3.31, which is 46% above median its own 10-year median of 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI International stock overvalued right now?
TFI International (MEX:TFII N) has a current Debt-to-EBITDA of 3.31. The stock's GF Value™ is MXN1,376.85, compared to a current price of MXN1,577.84 — trading 14.6% above its estimated fair value. The current Debt-to-EBITDA is 3.31, which is 46% above median its 10-year median of 2.27 and 25.4% above the Transportation industry median of 2.64. TFI International's overall GF Score™ is 94/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For TFI International (MEX:TFII N), the current Debt-to-EBITDA is 3.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TFI International (MEX:TFII N) Overvalued in 2026?

Based on GuruFocus' analysis, TFI International stock appears to be overvalued. The current stock price of MXN1,577.84 is trading 14.6% above its estimated GF Value™ of MXN1,376.85.

Key valuation signals for MEX:TFII N:

  • Debt-to-EBITDA: 3.31 (46% above median its 10-year median of 2.27)
  • GF Value™: MXN1,376.85 vs. price of MXN1,577.84 (14.6% above fair value)
  • GF Score™: 94/100 with 9 warning signs
  • Industry Position: 25.4% above the Transportation median (#454 of 870)

No single metric tells the full story. See the MEX:TFII N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TFI International Business Description

Address 8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6
TFI International Inc is involved in the provision of transportation and logistics services across the United States, Canada, and Mexico. The company's reportable segments are; Less-Than-Truckload, which derives maximum revenue, Truckload, and Logistics. The Less-Than-Truckload segment engages in pickup, consolidation, transport, and delivery of smaller loads; the Truckload segment deals with full loads carried directly from the customer to the destination using a closed van or specialized equipment to meet customer's specific needs; and the Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. Geographically, the company generates maximum revenue from the United States.
94GF Score

Get the complete analysis for MEX:TFII N

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,577.84
Price
MXN1,376.85
GF Value