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Side-by-side financial comparison of TFI International Inc. (TFII) and HANOVER INSURANCE GROUP, INC. (THG). Click either name above to swap in a different company.

HANOVER INSURANCE GROUP, INC. is the larger business by last-quarter revenue ($1.7B vs $921.9M, roughly 1.8× TFI International Inc.).

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...

The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.

TFII vs THG — Head-to-Head

Bigger by revenue
THG
THG
1.8× larger
THG
$1.7B
$921.9M
TFII

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
TFII
TFII
THG
THG
Revenue
$921.9M
$1.7B
Net Profit
$186.8M
Gross Margin
Operating Margin
8.4%
11.1%
Net Margin
11.0%
Revenue YoY
6.1%
Net Profit YoY
45.7%
EPS (diluted)

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
TFII
TFII
THG
THG
Q1 26
$1.7B
Q4 25
$1.7B
Q3 25
$921.9M
$1.7B
Q2 25
$2.0B
$1.7B
Q1 25
$2.0B
$1.6B
Q4 24
$1.6B
Q3 24
$1.0B
$1.6B
Q2 24
$2.3B
$1.5B
Net Profit
TFII
TFII
THG
THG
Q1 26
$186.8M
Q4 25
$198.5M
Q3 25
$178.7M
Q2 25
$98.2M
$157.1M
Q1 25
$56.0M
$128.2M
Q4 24
$167.9M
Q3 24
$102.1M
Q2 24
$117.8M
$40.5M
Operating Margin
TFII
TFII
THG
THG
Q1 26
11.1%
Q4 25
17.3%
Q3 25
8.4%
14.9%
Q2 25
8.4%
12.7%
Q1 25
5.8%
11.6%
Q4 24
16.1%
Q3 24
9.5%
9.6%
Q2 24
9.2%
6.2%
Net Margin
TFII
TFII
THG
THG
Q1 26
11.0%
Q4 25
11.9%
Q3 25
10.7%
Q2 25
4.8%
9.5%
Q1 25
2.9%
8.0%
Q4 24
10.6%
Q3 24
6.5%
Q2 24
5.2%
2.6%
EPS (diluted)
TFII
TFII
THG
THG
Q1 26
Q4 25
$5.46
Q3 25
$4.90
Q2 25
$4.30
Q1 25
$3.50
Q4 24
$4.60
Q3 24
$2.80
Q2 24
$1.12

Balance Sheet & Financial Strength

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

Metric
TFII
TFII
THG
THG
Cash + ST InvestmentsLiquidity on hand
$243.5M
Total DebtLower is stronger
$843.8M
Stockholders' EquityBook value
$3.0B
Total Assets
$16.5B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TFII
TFII
THG
THG
Q1 26
$243.5M
Q4 25
$1.1B
Q3 25
$915.7M
Q2 25
$244.1M
Q1 25
$315.1M
Q4 24
$435.5M
Q3 24
$427.1M
Q2 24
$337.6M
Total Debt
TFII
TFII
THG
THG
Q1 26
$843.8M
Q4 25
$843.3M
Q3 25
$843.0M
Q2 25
$347.8M
Q1 25
$722.5M
Q4 24
$722.3M
Q3 24
Q2 24
Stockholders' Equity
TFII
TFII
THG
THG
Q1 26
$3.0B
Q4 25
$3.6B
Q3 25
$3.4B
Q2 25
$3.2B
Q1 25
$3.0B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.6B
Total Assets
TFII
TFII
THG
THG
Q1 26
$16.5B
Q4 25
$16.9B
Q3 25
$16.8B
Q2 25
$15.7B
Q1 25
$15.5B
Q4 24
$15.3B
Q3 24
$15.4B
Q2 24
$14.9B
Debt / Equity
TFII
TFII
THG
THG
Q1 26
0.28×
Q4 25
0.24×
Q3 25
0.25×
Q2 25
0.11×
Q1 25
0.24×
Q4 24
0.25×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

TFII
TFII

Segment breakdown not available.

THG
THG

Premiums earned$1.6B92%
Other$124.6M7%
Fees and other income$6.2M0%

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