TFI International (MEX:TFII N) Interest Coverage: 2.33 (As of Mar. 2026) — 66% Below Median


MEX:TFII N TFI International Inc MEX:TFII N
95 GF Score
Price MXN1,577.84
GF Value MXN1,404.65
! 9 Warning Signs
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What is TFI International Interest Coverage?

TFI International MEX:TFII N 95 Interest Coverage is 2.33 as of Mar. 2026, which is 66% below its 10-year median of 6.85. GuruFocus rates MEX:TFII N with a GF Score™ of 95/100 and a GF Value™ of MXN1,404.65. The stock has 9 warning signs investors should review. Among 845 Transportation companies, TFI International ranks worse than 63.31% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. TFI International's Operating Income for the three months ended in Mar. 2026 was MXN1,555 Mil. TFI International's Interest Expense for the three months ended in Mar. 2026 was MXN-666 Mil. TFI International's interest coverage for the quarter that ended in Mar. 2026 was 2.33. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TFI International's Interest Coverage or its related term are showing as below:

MEX:TFII N' s Interest Coverage Range Over the Past 10 Years
Min: 3.68   Med: 6.85   Max: 14.37
Current: 3.68


MEX:TFII N's Interest Coverage is ranked worse than
63.31% of 845 companies
in the Transportation industry
Industry Median: 5.66 vs MEX:TFII N: 3.68

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


TFI International  (MEX:TFII N) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


TFI International Interest Coverage Related Terms


TFI International Interest Coverage Historical Data

* Premium members only.

The historical data trend for TFI International's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

TFI International Interest Coverage Chart

TFI International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.16 14.37 9.88 4.87 3.81

TFI International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.84 4.52 4.09 3.79 2.33

MEX:TFII N vs ODFL, XPO, SAIA: Interest Coverage Comparison

For the Trucking subindustry, TFI International's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TFI International's Interest Coverage falls into.


MEX:TFII N
95GF Score
TFI International Inc MEX:TFII N
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TFI International Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

TFI International's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, TFI International's Interest Expense was MXN-2,626 Mil. Its Operating Income was MXN9,999 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN50,919 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*9999.015/-2626.203
=3.81

TFI International's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, TFI International's Interest Expense was MXN-666 Mil. Its Operating Income was MXN1,555 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN50,476 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1555.068/-666.128
=2.33

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.33 mean?
TFI International (MEX:TFII N) has a Interest Coverage of 2.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TFI International and its competitors. This is 66% below median its historical median of 6.85. Over the past decade, TFI International's Interest Coverage has ranged from 3.68 to 14.37. According to the industry distribution chart, TFI International ranks #535 out of 845 companies in the Transportation industry, placing it in the top 63.3%.
Is TFI International's Interest Coverage too high?
TFI International's current Interest Coverage of 2.33 is 66% below median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 3.68 to a high of 14.37. The Transportation industry median Interest Coverage is 5.66. TFI International's value of 2.33 is 58.8% below this industry median. Based on the distribution chart, TFI International ranks #535 out of 845 companies in the Transportation industry, which is below the industry midpoint. Overall, TFI International has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does TFI International's Interest Coverage compare to ODFL and XPO?
According to the Transportation industry distribution chart, TFI International ranks #535 out of 845 companies for Interest Coverage. This places TFI International in the lower half of its industry. The industry median Interest Coverage is 5.66. TFI International's value of 2.33 is 58.8% below this benchmark. Historically, TFI International's own Interest Coverage has ranged from 3.68 to 14.37 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 5.66, TFI International has consistently been below 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 Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TFI International's current Interest Coverage of 2.33 is 58.8% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TFI International and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI International's current Interest Coverage is 2.33, which is 66% below median its own 10-year median of 6.85. 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 Interest Coverage of 2.33. The stock's GF Value™ is MXN1,404.65, compared to a current price of MXN1,577.84 — trading 12.3% above its estimated fair value. The current Interest Coverage is 2.33, which is 66% below median its 10-year median of 6.85 and 58.8% below the Transportation industry median of 5.66. TFI International's overall GF Score™ is 95/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For TFI International (MEX:TFII N), the current Interest Coverage is 2.33 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 12.3% above its estimated GF Value™ of MXN1,404.65.

Key valuation signals for MEX:TFII N:

  • Interest Coverage: 2.33 (66% below median its 10-year median of 6.85)
  • GF Value™: MXN1,404.65 vs. price of MXN1,577.84 (12.3% above fair value)
  • GF Score™: 95/100 with 9 warning signs
  • Industry Position: 58.8% below the Transportation median (#535 of 845)

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.
95GF Score

Get the complete analysis for MEX:TFII N

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

MXN1,577.84
Price
MXN1,404.65
GF Value