TFI International Inc (TFII) — Tangible Net Worth Ratio
TFI International Inc (TFII) has a Tangible Net Worth Ratio of 73.1% as of June 2026. This metric is calculated by deducting intangible assets (CA$735.32 Million) from net assets (CA$2.74 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore TFI International Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TFI International Inc Tangible Net Worth Ratio (1996–2025)
This chart shows how TFI International Inc's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 73.1%, reflecting net assets of CA$2.74 Billion with intangible assets of CA$735.32 Million CAD. For live market cap and overall valuation, see TFI International Inc market cap and net worth.
Annual Tangible Net Worth Ratio for TFI International Inc (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TFI International Inc from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore TFI International Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.1% | CA$3.67 Billion | CA$1.06 Billion | CA$10.29 Billion | ▼ -2.7 pp |
| 2024 | 73.8% | CA$2.67 Billion | CA$700.68 Million | CA$7.14 Billion | ▼ -5.5 pp |
| 2023 | 79.3% | CA$2.59 Billion | CA$534.94 Million | CA$6.27 Billion | ▼ -8.1 pp |
| 2022 | 87.4% | CA$2.49 Billion | CA$313.59 Million | CA$5.56 Billion | ▲ +3.3 pp |
| 2021 | 84.1% | CA$2.29 Billion | CA$365.05 Million | CA$5.83 Billion | ▲ +4.9 pp |
| 2020 | 79.2% | CA$1.78 Billion | CA$370.84 Million | CA$3.83 Billion | ▲ +6.9 pp |
| 2019 | 72.3% | CA$1.15 Billion | CA$319.08 Million | CA$3.49 Billion | ▼ -0.8 pp |
| 2018 | 73.2% | CA$1.16 Billion | CA$310.66 Million | CA$2.97 Billion | ▲ +4.3 pp |
| 2017 | 68.8% | CA$1.13 Billion | CA$350.75 Million | CA$2.96 Billion | ▲ +3.6 pp |
| 2016 | 65.2% | CA$1.09 Billion | CA$377.20 Million | CA$3.03 Billion | ▲ +5.7 pp |
| 2015 | 59.6% | CA$740.35 Million | CA$299.19 Million | CA$2.43 Billion | ▲ +8.6 pp |
| 2014 | 51.0% | CA$931.26 Million | CA$456.12 Million | CA$3.11 Billion | ▼ -18.9 pp |
| 2013 | 70.0% | CA$784.53 Million | CA$235.74 Million | CA$2.05 Billion | ▲ +11.0 pp |
| 2012 | 58.9% | CA$727.37 Million | CA$298.90 Million | CA$2.11 Billion | ▲ +4.5 pp |
| 2011 | 54.4% | CA$664.75 Million | CA$302.99 Million | CA$2.07 Billion | ▼ -17.4 pp |
| 2010 | 71.9% | CA$611.83 Million | CA$172.11 Million | CA$1.65 Billion | ▼ -0.6 pp |
| 2009 | 72.5% | CA$507.13 Million | CA$139.71 Million | CA$1.45 Billion | ▼ -2.3 pp |
| 2008 | 74.8% | CA$475.77 Million | CA$120.07 Million | CA$1.51 Billion | ▼ -11.4 pp |
| 2007 | 86.1% | CA$502.77 Million | CA$69.69 Million | CA$1.46 Billion | ▼ -4.8 pp |
| 2006 | 90.9% | CA$499.36 Million | CA$45.23 Million | CA$1.04 Billion | ▼ -2.7 pp |
| 2005 | 93.6% | CA$340.85 Million | CA$21.77 Million | CA$786.27 Million | ▼ -4.4 pp |
| 2004 | 98.0% | CA$239.93 Million | CA$4.83 Million | CA$519.86 Million | ▼ -2.0 pp |
| 2003 | 100.0% | CA$159.05 Million | CA$0.00 | CA$325.41 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$143.00 Million | CA$0.00 | CA$270.42 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$71.59 Million | CA$0.00 | CA$204.12 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$39.07 Million | CA$0.00 | CA$200.37 Million | ▲ +157.8 pp |
| 1999 | -57.8% | CA$31.41 Million | CA$49.59 Million | CA$206.73 Million | ▼ -157.8 pp |
| 1998 | 100.0% | CA$23.22 Million | CA$0.00 | CA$95.63 Million | ▲ +101.5 pp |
| 1997 | -1.5% | CA$19.09 Million | CA$19.37 Million | CA$70.22 Million | ▲ +212.4 pp |
| 1996 | -213.9% | CA$5.15 Million | CA$16.17 Million | CA$55.01 Million | — |