TFI Gross Margin 2020-2024 | TFII
- TFI average gross margin for 2023 was 48.78%, a 1.5% increase from 2022.
- TFI average gross margin for 2022 was 48.06%, a 4.91% increase from 2021.
- TFI average gross margin for 2021 was 45.81%, a 0.17% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.