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TFI International (TSX:TFII) Gross Margin % : 17.85% (As of Dec. 2024)


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What is TFI International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TFI International's Gross Profit for the three months ended in Dec. 2024 was C$528 Mil. TFI International's Revenue for the three months ended in Dec. 2024 was C$2,959 Mil. Therefore, TFI International's Gross Margin % for the quarter that ended in Dec. 2024 was 17.85%.


The historical rank and industry rank for TFI International's Gross Margin % or its related term are showing as below:

TSX:TFII' s Gross Margin % Range Over the Past 10 Years
Min: 11.21   Med: 14.51   Max: 17.85
Current: 14.94


During the past 13 years, the highest Gross Margin % of TFI International was 17.85%. The lowest was 11.21%. And the median was 14.51%.

TSX:TFII's Gross Margin % is ranked worse than
64.63% of 950 companies
in the Transportation industry
Industry Median: 20.08 vs TSX:TFII: 14.94

TFI International had a gross margin of 17.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TFI International was 3.00% per year.


TFI International Gross Margin % Historical Data

The historical data trend for TFI International's Gross Margin % 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.

* Premium members only.

TFI International Gross Margin % Chart

TFI International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 15.90 17.85 16.82 14.90

TFI International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % 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 21.06 13.49 14.44 13.79 17.85

Competitive Comparison of TFI International's Gross Margin %

For the Trucking subindustry, TFI International's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TFI International's Gross Margin % falls into.


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TFI International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

TFI International's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=1782.8 / 11962.964
=(Revenue - Cost of Goods Sold) / Revenue
=(11962.964 - 10180.127) / 11962.964
=14.90 %

TFI International's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=528.2 / 2958.941
=(Revenue - Cost of Goods Sold) / Revenue
=(2958.941 - 2430.765) / 2958.941
=17.85 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


TFI International  (TSX:TFII) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TFI International had a gross margin of 17.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


TFI International Gross Margin % Related Terms

Thank you for viewing the detailed overview of TFI International's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


TFI International Business Description

Traded in Other Exchanges
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 customers' 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.
Executives
Sébastien Martel Director
John Pratt Director
Diane Giard Director
William T. England Director
Tfi International Inc. Issuer
Debra Kelly-ennis Director
Alain Bédard Director, Senior Officer
David Joseph Saperstein Senior Officer
Leslie Abi-karam Director
Steven Brookshaw Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Frank Paglia Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Neil Donald Manning Director
Joey Saputo Director
Richard Guay Director, Senior Officer

TFI International Headlines

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