TFI International Inc (TFII) — Tangible Net Worth Ratio

Latest as of March 2026: 71.4%

TFI International Inc (TFII) has a Tangible Net Worth Ratio of 71.4% as of March 2026. This metric is calculated by deducting intangible assets (CA$760.84 Million) from net assets (CA$2.66 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. See TFI International Inc (TFII) shareholders funds for net asset value and shareholders' equity analysis.

Tangible NW Ratio

71.4%
Tangible equity / total equity

Net Assets (Equity)

CA$2.66 Billion
CAD

Intangible Assets

CA$760.84 Million
Goodwill, patents, brand value

Total Assets

CA$7.49 Billion
CAD

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 March 2026, the ratio stands at 71.4%, reflecting net assets of CA$2.66 Billion with intangible assets of CA$760.84 Million CAD. Also explore how fast is TFI International Inc growing its equity to track the company's year-over-year net asset growth rate.

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. For the full company profile including market capitalisation, see market cap of TFI International Inc.

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
pp = percentage points