• TFI average return on equity for 2023 was 24.65, a 29.11% decline from 2022.
• TFI average return on equity for 2022 was 34.77, a 10.91% decline from 2021.
• TFI average return on equity for 2021 was 31.35, a 38.17% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.