TFI International (US:TFII) Globenewswire·2026-02-17 21:07Core Insights - TFI International Inc. reported strong free cash flow exceeding $10 per share for 2025, driven by operational efficiencies and customer service focus [2] - The company improved its operating ratio for U.S. Less-Than-Truckload (LTL) and is pursuing growth opportunities to leverage its infrastructure [2] - Significant capital was returned to shareholders through increased dividends and share repurchases, totaling over $200 million for the year [2] Financial Highlights - Total revenue for Q4 2025 was $1.91 billion, down from $2.08 billion in Q4 2024, with revenue before fuel surcharge at $1.68 billion compared to $1.83 billion [5][10] - Adjusted EBITDA for Q4 2025 was $279.6 million, down from $315.3 million in Q4 2024 [28] - Operating income for Q4 2025 was $127.2 million, compared to $160.2 million in the prior year [6][11] - Net income for Q4 2025 was $71.7 million, or $0.87 per diluted share, down from $88.1 million, or $1.03 per diluted share in Q4 2024 [8][12] Segment Performance - Revenue before fuel surcharge for the Less-Than-Truckload segment was $660.5 million in Q4 2025, down from $737.3 million in Q4 2024 [14] - Truckload segment revenue before fuel surcharge was $674.2 million, compared to $693.2 million in the prior year [14] - Logistics segment revenue before fuel surcharge decreased to $358.1 million from $410.2 million in Q4 2024 [14] Cash Flow and Capital Allocation - Net cash from operating activities increased to $282.2 million in Q4 2025 from $262.4 million in Q4 2024 [15] - Free cash flow for Q4 2025 was $258.9 million, up from $207.5 million in Q4 2024 [33] - The company declared a quarterly dividend of $0.47 per share, a 4% increase from the previous year [18] Full-Year Results - Total revenue for 2025 was $7.88 billion, down from $8.40 billion in 2024, with revenue before fuel surcharge at $6.91 billion compared to $7.30 billion [10] - Full-year net income was $310.6 million, or $3.72 per diluted share, down from $422.5 million, or $4.96 per diluted share in 2024 [12] - Adjusted net income for 2025 was $364.9 million, or $4.37 per diluted share, compared to $489.5 million, or $5.75 per diluted share in the prior year [12] Guidance - The company expects first quarter 2026 adjusted diluted EPS to be in the range of $0.50 to $0.60 [19] - Full-year net capital expenditures, excluding real estate, are anticipated to be between $225 million and $250 million [19]