TFI InternationalFRA:9TF +0.16%88 Operating Margin % is 4.42% as of Mar. 2026, which is 50% below its 10-year median of 8.79. GuruFocus rates FRA:9TF with a GF Score™ of 88/100 and a GF Value™ of €113.12 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,007 Transportation companies, TFI International ranks worse than 51.94% on this metric.
TFI International (FRA:9TF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
TFI International Operating Margin % Related Terms
TFI International Operating Margin % Historical Data
* Premium members only.
The historical data trend for TFI International's Operating 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.
FRA:9TF vs ODFL, XPO, SAIA: Operating Margin % Comparison
For the Trucking subindustry, TFI International's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, TFI International's Operating Margin % distribution charts can be found below:
* The bar in red indicates where TFI International's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
TFI International's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:9TF) has a Operating Margin % of 4.42% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on TFI International and its competitors. This is 50% below median its historical median of 8.79. Over the past decade, TFI International's Operating Margin % has ranged from 5.25 to 10.68. According to the industry distribution chart, TFI International ranks #523 out of 1007 companies in the Transportation industry, placing it in the top 51.9%.
Is TFI International's Operating Margin % too high?
TFI International's current Operating Margin % of 4.42% is 50% below median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 10.68. The Transportation industry median Operating Margin % is 7.36. TFI International's value of 4.42% is 39.9% below this industry median. Based on the distribution chart, TFI International ranks #523 out of 1007 companies in the Transportation industry, which is below the industry midpoint. Overall, TFI International has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TFI International's Operating Margin % compare to ODFL and XPO?
According to the Transportation industry distribution chart, TFI International ranks #523 out of 1007 companies for Operating Margin %. This places TFI International in the lower half of its industry. The industry median Operating Margin % is 7.36. TFI International's value of 4.42% is 39.9% below this benchmark. Historically, TFI International's own Operating Margin % has ranged from 5.25 to 10.68 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 7.36, 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 Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TFI International's current Operating Margin % of 4.42% is 39.9% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on TFI International and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI International's current Operating Margin % is 4.42%, which is 50% below median its own 10-year median of 8.79. 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?
Based on GuruFocus' analysis, TFI International (FRA:9TF) is currently considered Modestly Overvalued. The stock's GF Value™ is €113.12, compared to a current price of €126.40 — trading 11.7% above its estimated fair value. The current Operating Margin % is 4.42%, which is 50% below median its 10-year median of 8.79 and 39.9% below the Transportation industry median of 7.36. TFI International's overall GF Score™ is 88/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For TFI International (FRA:9TF), the current Operating Margin % is 4.42% 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 (FRA:9TF) Overvalued in 2026?
Based on GuruFocus' analysis, TFI International stock appears to be overvalued.
The current stock price of €126.40 is trading 11.7% above its estimated GF Value™ of €113.12.
GuruFocus considers TFI International to be Modestly Overvalued.
Key valuation signals for FRA:9TF:
Operating Margin %: 4.42% (50% below median its 10-year median of 8.79)
GF Value™: €113.12 vs. price of €126.40 (11.7% above fair value)
Industry Position: 39.9% below the Transportation median (#523 of 1007)
No single metric tells the full story. See the FRA:9TF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
88GF Score
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