TFI INTERNATIONAL INC. (TFII) Return on equity 2019–2021
TFI INTERNATIONAL INC. (TFII) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
34.0%FY2021 · since FY2019: 20.2% → 34.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2021 | 34.0% | +18.6 pp |
| FY2020 | 15.4% | -4.7 pp |
| FY2019 | 20.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice