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Side-by-side financial comparison of Keysight Technologies (KEYS) and TFI International Inc. (TFII). Click either name above to swap in a different company.

Keysight Technologies is the larger business by last-quarter revenue ($1.6B vs $921.9M, roughly 1.7× TFI International Inc.).

Keysight Technologies, Inc. is an American company that manufactures electronics test and measurement equipment and software. The company was formed as a spin-off of Agilent Technologies, which inherited and rebranded the test and measurement product lines developed and produced, from the late 1960s to the turn of the millennium, by Hewlett-Packard's Test and Measurement division. Its name is a portmanteau of key and insight.

TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal. It operates primarily in Canada, the United States, and Mexico through 4 business segments: less than truckload (LTL), package and courier, logistics, and truckload. It has Canada's largest LTL business, largest trucking fleet, and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. Its trucking fleet consists of over 14,000 c...

KEYS vs TFII — Head-to-Head

Bigger by revenue
KEYS
KEYS
1.7× larger
KEYS
$1.6B
$921.9M
TFII

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
KEYS
KEYS
TFII
TFII
Revenue
$1.6B
$921.9M
Net Profit
$281.0M
Gross Margin
Operating Margin
15.5%
8.4%
Net Margin
17.6%
Revenue YoY
27.0%
Net Profit YoY
66.3%
EPS (diluted)
$1.63

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KEYS
KEYS
TFII
TFII
Q1 26
$1.6B
Q4 25
$1.4B
Q3 25
$1.4B
$921.9M
Q2 25
$1.3B
$2.0B
Q1 25
$1.3B
$2.0B
Q4 24
$1.3B
Q3 24
$1.2B
$1.0B
Q2 24
$1.2B
$2.3B
Net Profit
KEYS
KEYS
TFII
TFII
Q1 26
$281.0M
Q4 25
$233.0M
Q3 25
$191.0M
Q2 25
$257.0M
$98.2M
Q1 25
$169.0M
$56.0M
Q4 24
$-73.0M
Q3 24
$389.0M
Q2 24
$126.0M
$117.8M
Gross Margin
KEYS
KEYS
TFII
TFII
Q1 26
Q4 25
61.2%
Q3 25
61.7%
Q2 25
62.3%
Q1 25
63.2%
Q4 24
62.3%
Q3 24
62.0%
Q2 24
62.7%
Operating Margin
KEYS
KEYS
TFII
TFII
Q1 26
15.5%
Q4 25
15.3%
Q3 25
17.3%
8.4%
Q2 25
15.8%
8.4%
Q1 25
16.8%
5.8%
Q4 24
17.9%
Q3 24
16.8%
9.5%
Q2 24
14.6%
9.2%
Net Margin
KEYS
KEYS
TFII
TFII
Q1 26
17.6%
Q4 25
16.4%
Q3 25
14.1%
Q2 25
19.7%
4.8%
Q1 25
13.0%
2.9%
Q4 24
-5.7%
Q3 24
32.0%
Q2 24
10.4%
5.2%
EPS (diluted)
KEYS
KEYS
TFII
TFII
Q1 26
$1.63
Q4 25
$1.35
Q3 25
$1.10
Q2 25
$1.49
Q1 25
$0.97
Q4 24
$-0.41
Q3 24
$2.22
Q2 24
$0.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KEYS
KEYS
TFII
TFII
Cash + ST InvestmentsLiquidity on hand
$2.2B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$6.2B
Total Assets
$11.5B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEYS
KEYS
TFII
TFII
Q1 26
$2.2B
Q4 25
$1.9B
Q3 25
$2.6B
Q2 25
$3.1B
Q1 25
$2.1B
Q4 24
$1.8B
Q3 24
$1.6B
Q2 24
$1.7B
Total Debt
KEYS
KEYS
TFII
TFII
Q1 26
$2.5B
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Stockholders' Equity
KEYS
KEYS
TFII
TFII
Q1 26
$6.2B
Q4 25
$5.9B
Q3 25
$5.7B
Q2 25
$5.5B
Q1 25
$5.2B
Q4 24
$5.1B
Q3 24
$5.2B
Q2 24
$4.9B
Total Assets
KEYS
KEYS
TFII
TFII
Q1 26
$11.5B
Q4 25
$11.3B
Q3 25
$10.7B
Q2 25
$10.5B
Q1 25
$9.4B
Q4 24
$9.3B
Q3 24
$9.3B
Q2 24
$9.0B
Debt / Equity
KEYS
KEYS
TFII
TFII
Q1 26
0.41×
Q4 25
0.43×
Q3 25
0.45×
Q2 25
0.46×
Q1 25
0.35×
Q4 24
0.35×
Q3 24
0.34×
Q2 24
0.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KEYS
KEYS
TFII
TFII
Operating Cash FlowLast quarter
$441.0M
Free Cash FlowOCF − Capex
$407.0M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.57×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEYS
KEYS
TFII
TFII
Q1 26
$441.0M
Q4 25
$225.0M
Q3 25
$322.0M
Q2 25
$484.0M
Q1 25
$378.0M
Q4 24
$359.0M
Q3 24
$255.0M
Q2 24
$110.0M
Free Cash Flow
KEYS
KEYS
TFII
TFII
Q1 26
$407.0M
Q4 25
$187.0M
Q3 25
$291.0M
Q2 25
$457.0M
Q1 25
$346.0M
Q4 24
$321.0M
Q3 24
$222.0M
Q2 24
$74.0M
FCF Margin
KEYS
KEYS
TFII
TFII
Q1 26
25.4%
Q4 25
13.2%
Q3 25
21.5%
Q2 25
35.0%
Q1 25
26.7%
Q4 24
24.9%
Q3 24
18.2%
Q2 24
6.1%
Capex Intensity
KEYS
KEYS
TFII
TFII
Q1 26
Q4 25
2.7%
Q3 25
2.3%
Q2 25
2.1%
Q1 25
2.5%
Q4 24
3.0%
Q3 24
2.7%
Q2 24
3.0%
Cash Conversion
KEYS
KEYS
TFII
TFII
Q1 26
1.57×
Q4 25
0.97×
Q3 25
1.69×
Q2 25
1.88×
Q1 25
2.24×
Q4 24
Q3 24
0.66×
Q2 24
0.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KEYS
KEYS

Commercial Communications$758.0M47%
Electronic Industrial$476.0M30%
Aerospace, Defense and Government$366.0M23%

TFII
TFII

Segment breakdown not available.

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