Annual Revenue Comparison: Snap-on Incorporated vs TFI International Inc.

A Tale of Two Titans: Snap-on vs. TFI International

In the ever-evolving landscape of industrial and logistics sectors, Snap-on Incorporated and TFI International Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth, with TFI International's revenue surging by approximately 134% from 2014 to 2023. Meanwhile, Snap-on Incorporated has seen a steady increase of around 56% during the same period.

Revenue Trends

Snap-on's revenue journey began at $3.28 billion in 2014, reaching a peak of $5.11 billion in 2023. TFI International, on the other hand, started at $3.20 billion and skyrocketed to $8.81 billion in 2022, before slightly declining to $7.52 billion in 2023. This growth trajectory highlights TFI's aggressive expansion strategy, particularly evident in 2021 when their revenue jumped by 91% compared to the previous year.

These insights underscore the dynamic nature of these industries and the strategic maneuvers of these companies in capturing market share.