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Side-by-side financial comparison of TFI International Inc. (TFII) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

TFI International Inc. is the larger business by last-quarter revenue ($921.9M vs $790.2M, roughly 1.2× UNITED THERAPEUTICS Corp).

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...

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

TFII vs UTHR — Head-to-Head

Bigger by revenue
TFII
TFII
1.2× larger
TFII
$921.9M
$790.2M
UTHR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
TFII
TFII
UTHR
UTHR
Revenue
$921.9M
$790.2M
Net Profit
$364.3M
Gross Margin
86.9%
Operating Margin
8.4%
45.1%
Net Margin
46.1%
Revenue YoY
7.4%
Net Profit YoY
20.9%
EPS (diluted)
$7.66

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
UTHR
UTHR
Q4 25
$790.2M
Q3 25
$921.9M
$799.5M
Q2 25
$2.0B
$798.6M
Q1 25
$2.0B
$794.4M
Q4 24
$735.9M
Q3 24
$1.0B
$748.9M
Q2 24
$2.3B
$714.9M
Q1 24
$1.9B
$677.7M
Net Profit
TFII
TFII
UTHR
UTHR
Q4 25
$364.3M
Q3 25
$338.7M
Q2 25
$98.2M
$309.5M
Q1 25
$56.0M
$322.2M
Q4 24
$301.3M
Q3 24
$309.1M
Q2 24
$117.8M
$278.1M
Q1 24
$92.8M
$306.6M
Gross Margin
TFII
TFII
UTHR
UTHR
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Q1 24
89.2%
Operating Margin
TFII
TFII
UTHR
UTHR
Q4 25
45.1%
Q3 25
8.4%
48.6%
Q2 25
8.4%
45.6%
Q1 25
5.8%
48.2%
Q4 24
48.6%
Q3 24
9.5%
45.8%
Q2 24
9.2%
44.7%
Q1 24
8.1%
52.6%
Net Margin
TFII
TFII
UTHR
UTHR
Q4 25
46.1%
Q3 25
42.4%
Q2 25
4.8%
38.8%
Q1 25
2.9%
40.6%
Q4 24
40.9%
Q3 24
41.3%
Q2 24
5.2%
38.9%
Q1 24
5.0%
45.2%
EPS (diluted)
TFII
TFII
UTHR
UTHR
Q4 25
$7.66
Q3 25
$7.16
Q2 25
$6.41
Q1 25
$6.63
Q4 24
$6.23
Q3 24
$6.39
Q2 24
$5.85
Q1 24
$6.17

Balance Sheet & Financial Strength

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

Metric
TFII
TFII
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.1B
Total Assets
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TFII
TFII
UTHR
UTHR
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.0B
Q1 24
$2.7B
Stockholders' Equity
TFII
TFII
UTHR
UTHR
Q4 25
$7.1B
Q3 25
$6.6B
Q2 25
$7.2B
Q1 25
$6.8B
Q4 24
$6.4B
Q3 24
$6.1B
Q2 24
$5.7B
Q1 24
$5.3B
Total Assets
TFII
TFII
UTHR
UTHR
Q4 25
$7.9B
Q3 25
$7.4B
Q2 25
$7.9B
Q1 25
$7.7B
Q4 24
$7.4B
Q3 24
$7.1B
Q2 24
$6.7B
Q1 24
$6.5B

Cash Flow & Capital Efficiency

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

Metric
TFII
TFII
UTHR
UTHR
Operating Cash FlowLast quarter
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TFII
TFII
UTHR
UTHR
Q4 25
$346.2M
Q3 25
$562.1M
Q2 25
$191.7M
Q1 25
$461.2M
Q4 24
$341.2M
Q3 24
$377.2M
Q2 24
$232.2M
Q1 24
$376.5M
Free Cash Flow
TFII
TFII
UTHR
UTHR
Q4 25
$173.3M
Q3 25
$351.6M
Q2 25
$129.5M
Q1 25
$386.3M
Q4 24
$254.5M
Q3 24
$300.7M
Q2 24
$187.1M
Q1 24
$338.3M
FCF Margin
TFII
TFII
UTHR
UTHR
Q4 25
21.9%
Q3 25
44.0%
Q2 25
16.2%
Q1 25
48.6%
Q4 24
34.6%
Q3 24
40.2%
Q2 24
26.2%
Q1 24
49.9%
Capex Intensity
TFII
TFII
UTHR
UTHR
Q4 25
21.9%
Q3 25
26.3%
Q2 25
7.8%
Q1 25
9.4%
Q4 24
11.8%
Q3 24
10.2%
Q2 24
6.3%
Q1 24
5.6%
Cash Conversion
TFII
TFII
UTHR
UTHR
Q4 25
0.95×
Q3 25
1.66×
Q2 25
0.62×
Q1 25
1.43×
Q4 24
1.13×
Q3 24
1.22×
Q2 24
0.83×
Q1 24
1.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TFII
TFII

Segment breakdown not available.

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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