TFI International (MEX:TFII N) Return-on-Tangible-Asset: 3.74% (As of Mar. 2026) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TFII N TFI International Inc MEX:TFII N
93 GF Score
Price MXN1,577.84
GF Value MXN1,415.30
! 9 Warning Signs
View Full Analysis

What is TFI International Return-on-Tangible-Asset?

TFI International MEX:TFII N 93 Return-on-Tangible-Asset is 3.74% as of Mar. 2026, which is 71% below its 10-year median of 13.10. GuruFocus rates MEX:TFII N with a GF Score™ of 93/100 and a GF Value™ of MXN1,415.30. The stock has 9 warning signs investors should review. Among 1,009 Transportation companies, TFI International ranks better than 71.95% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. TFI International's annualized Net Income for the quarter that ended in Mar. 2026 was MXN3,124 Mil. TFI International's average total tangible assets for the quarter that ended in Mar. 2026 was MXN83,531 Mil. Therefore, TFI International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.74%.

The historical rank and industry rank for TFI International's Return-on-Tangible-Asset or its related term are showing as below:

MEX:TFII N' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.49   Med: 13.1   Max: 33.13
Current: 6.49

During the past 13 years, TFI International's highest Return-on-Tangible-Asset was 33.13%. The lowest was 6.49%. And the median was 13.10%.

MEX:TFII N's Return-on-Tangible-Asset is ranked better than
71.95% of 1009 companies
in the Transportation industry
Industry Median: 3.78 vs MEX:TFII N: 6.49

TFI International  (MEX:TFII N) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


TFI International Return-on-Tangible-Asset Related Terms


TFI International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for TFI International's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

TFI International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.63 20.03 11.53 10.57 6.28

TFI International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 4.93 8.36 7.43 6.23 3.74

MEX:TFII N vs ODFL, XPO, KNX: Return-on-Tangible-Asset Comparison

For the Trucking subindustry, TFI International's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, TFI International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where TFI International's Return-on-Tangible-Asset falls into.


MEX:TFII N
93GF Score
TFI International Inc MEX:TFII N
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TFI International Return-on-Tangible-Asset Calculation

TFI International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5591.724/( (94328.099+83632.858)/ 2 )
=5591.724/88980.4785
=6.28 %

TFI International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3123.84/( (83632.858+83429.838)/ 2 )
=3123.84/83531.348
=3.74 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 3.74% mean?
TFI International (MEX:TFII N) has a Return-on-Tangible-Asset of 3.74% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on TFI International and its competitors. This is 71% below median its historical median of 13.10. Over the past decade, TFI International's Return-on-Tangible-Asset has ranged from 6.49 to 33.13. According to the industry distribution chart, TFI International ranks #283 out of 1009 companies in the Transportation industry, placing it in the top 28%.
Is TFI International's Return-on-Tangible-Asset too high?
TFI International's current Return-on-Tangible-Asset of 3.74% is 71% below median its 10-year median of 13.10. Over the past 10 years, this metric has ranged from a low of 6.49 to a high of 33.13. The Transportation industry median Return-on-Tangible-Asset is 3.78. TFI International's value of 3.74% is 1.1% below this industry median. Based on the distribution chart, TFI International ranks #283 out of 1009 companies in the Transportation industry, which is above the industry midpoint. Overall, TFI International has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does TFI International's Return-on-Tangible-Asset compare to ODFL and XPO?
According to the Transportation industry distribution chart, TFI International ranks #283 out of 1009 companies for Return-on-Tangible-Asset. This puts TFI International in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.78. TFI International's value of 3.74% is 1.1% below this benchmark. Historically, TFI International's own Return-on-Tangible-Asset has ranged from 6.49 to 33.13 over the past decade. While the company's 10-year median is 13.10 vs. the industry median of 3.78, 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 Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TFI International's current Return-on-Tangible-Asset of 3.74% is 1.1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on TFI International and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFI International's current Return-on-Tangible-Asset is 3.74%, which is 71% below median its own 10-year median of 13.10. 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 Return-on-Tangible-Asset of 3.74%. The stock's GF Value™ is MXN1,415.30, compared to a current price of MXN1,577.84 — trading 11.5% above its estimated fair value. The current Return-on-Tangible-Asset is 3.74%, which is 71% below median its 10-year median of 13.10 and 1.1% below the Transportation industry median of 3.78. TFI International's overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For TFI International (MEX:TFII N), the current Return-on-Tangible-Asset is 3.74% 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 11.5% above its estimated GF Value™ of MXN1,415.30.

Key valuation signals for MEX:TFII N:

  • Return-on-Tangible-Asset: 3.74% (71% below median its 10-year median of 13.10)
  • GF Value™: MXN1,415.30 vs. price of MXN1,577.84 (11.5% above fair value)
  • GF Score™: 93/100 with 9 warning signs
  • Industry Position: 1.1% below the Transportation median (#283 of 1009)

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.
93GF Score

Get the complete analysis for MEX:TFII N

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,577.84
Price
MXN1,415.30
GF Value