TFI International Switches Auditors from KPMG to Deloitte
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
TFI International ( (TSE:TFII) ) has provided an update.
TFI International Inc., a major North American transportation and logistics provider headquartered in Saint-Laurent, Québec, operates an extensive network of trucking and freight services across Canada and the United States. The company serves diverse industrial and commercial customers, leveraging its scale and geographic reach to compete in the broader logistics and supply chain market.
On February 27, 2026, TFI International disclosed that it had terminated KPMG LLP as its auditor effective February 24, 2026, and nominated Deloitte LLP as its new external auditor. The company emphasized that KPMG’s audit opinions for the 2024 and 2025 fiscal years were unmodified and that there were no reportable events, suggesting the auditor change reflects a strategic governance decision rather than underlying financial or disclosure issues for stakeholders.
The most recent analyst rating on (TSE:TFII) stock is a Hold with a C$123.00 price target. To see the full list of analyst forecasts on TFI International stock, see the TSE:TFII Stock Forecast page.
Spark’s Take on TSE:TFII Stock
According to Spark, TipRanks’ AI Analyst, TSE:TFII is a Neutral.
The score is primarily driven by solid but risk-balanced fundamentals: strong revenue/FCF trends are offset by significant margin compression and higher leverage. Technicals are supportive with an uptrend and healthy momentum, while valuation is a key headwind due to a high P/E and modest yield. Earnings call tone was mixed, highlighting capital returns and cash flow but also ongoing segment weakness and subdued conditions.
To see Spark’s full report on TSE:TFII stock, click here.
More about TFI International
TFI International Inc. is a North American transportation and logistics company based in Saint-Laurent, Québec, operating through multiple subsidiaries across Canada and the U.S. It provides a wide range of trucking, logistics, and related freight services, positioning itself as a major player in the commercial transportation and supply chain sector.
Average Trading Volume: 224,012
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$13.13B
For a thorough assessment of TFII stock, go to TipRanks’ Stock Analysis page.
