TFI International vs XPO
TFI International and XPO are similar in size: $7.88bn and $8.16bn of revenue in their latest fiscal years. XPO grew faster (1.1% against -6.1%). TFI International kept more of each dollar of sales as profit: a net margin of 3.9% against 3.9%. TFI International carries less debt relative to equity (96.3% against 183.1%).
| Latest fiscal year | TFI InternationalTFII, 2025 | XPOXPO, 2025 |
|---|---|---|
| Revenue | $7.88bn | $8.16bn |
| Revenue growth | -6.1% | 1.1% |
| Net income | $311m | $316m |
| Operating margin | 7.2% | 8.0% |
| Net margin | 3.9% | 3.9% |
| Return on equity | 11.6% | 18.3% |
| Free cash flow | $705m | $329m |
| Cash | $210m | $310m |
| Total debt | $2.58bn | $3.41bn |
| Debt to equity | 96.3% | 183.1% |
| Dividend per share | — | — |
| Dividend yield | 1.9% | — |
| Share buybacks | $226m | $125m |
| Employees | — | 22,500 |
| Market value | $8.04bn | $22.39bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | 26 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 14 sales |