Profit Surge: TFII Stock Price Jumps 6.21%
TFI International Inc. (TFII) is currently priced at $146.92, marking an increase of $8.59 (6.21%) from the previous close at $138.33. The trading volume stands at $414,856, representing a relative increase of 99.56%.
TFII's latest quarterly earnings report, announced on Sunday, April 26th, revealed a consensus estimate EPS of 0.59.
With a forward dividend yield of 1.28%, TFII distributed 47 cents per share MRQ, showcasing a year-over-year growth to 10.303 cents. The TTM dividend per share stands at $1.84.
TFII demonstrated robust cash flow movements with free cash flow amounting to $277.86 million. Noteworthy activities include debt repayment of $-252.65 million and net change in cash of $244.54 million.
The company generated revenues of $2.67 billion with a gross profit of $315.58 million. Operating income was reported at $175.31 million, leading to a net income of $99.83 million. Earnings per share (EPS) and diluted EPS were $1.22 and $1.21, respectively.
Key ratios for TFII include a gross profit margin of 11.83%, net profit margin of 3.74%, return on equity of 2.72%, and a price-to-earnings ratio of 29.16.
TFII's balance sheet reflects total assets of $7.49 billion, total liabilities of $4.82 billion, and net debt amounting to $3.48 billion.
This concise report provides a snapshot of TFII's current financial status, highlighting its strong performance and financial health.
TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items. The LTL segment is involved in the pickup, consolidation, transportation, and delivery of smaller loads. The TL segment offers expedited transportation, flatbed, tank container, and dedicated services, as well as TL brokerage services. This segment carries full loads directly from the customer to the destination using a closed van or specialized equipment. The Logistics segment provides asset-light logistics services, including brokerage, freight forwarding, and transportation management, as well as small package parcel delivery. As of December 31, 2021, the company had 13,384 tractors, 50,091 trailers, and 9,428 independent contractors. The company was formerly known as TransForce Inc. and changed its name to TFI International Inc. in December 2016. TFI International Inc. is headquartered in Saint-Laurent, Canada.