TFI International Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Net Income	504.88	823.23	754.41	275.68	233.68	291.99
Depreciation & Amortization	441.98	430.59	393.03	299.23	295.75	260.59
Share-Based Compensation	13.45	14.65	15.42	7.05	6.23	5.93
Other Operating Activities	53.54	-296.83	-307.51	28.91	-47.18	127.15
Operating Cash Flow	1,014	971.65	855.35	610.86	488.47	685.66
Operating Cash Flow Growth	4.34%	13.60%	40.02%	25.06%	-28.76%	-
Capital Expenditures	-288.22	-222	-175.81	-90.59	-189.54	-233.25
Acquisitions	-578.42	519.23	-988.26	-300.82	-111.77	-127.26
Change in Investments	47.51	-67.62	4.77	11.45	1.21	-0.6
Other Investing Activities	21.81	-6.18	-3.35	1.49	-3.76	-1.38
Investing Cash Flow	-797.33	223.42	-1,162.66	-378.48	-303.86	-362.49
Dividends Paid	-121.1	-97.32	-85.39	-67.6	-60.48	-74.1
Share Issuance / Repurchase	-321.83	-560.67	-194.62	403.85	-178	-128.86
Debt Issued / Paid	414.86	-409.25	602.31	-564.33	53.86	21.94
Financing Cash Flow	-28.07	-1,067.24	322.3	-228.08	-184.62	-181.01
Net Cash Flow	188.44	127.83	15	4.3	0	0
Free Cash Flow	725.62	749.64	679.54	520.27	298.93	452.42
Free Cash Flow Growth	-3.21%	10.32%	30.61%	74.04%	-33.93%	-
Free Cash Flow Margin	9.65%	8.51%	9.41%	13.76%	7.66%	8.83%
Free Cash Flow Per Share	8.44	8.60	7.30	5.57	3.67	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).