407 INTERNATIONAL INC.

What 407 INTERNATIONAL INC. does

407 International Inc. is the corporate entity that operates the 407 ETR (Express Toll Route), an all-electronic toll highway running from Burlington to Oshawa across the Greater Toronto Area in Ontario, Canada. The asset operates under a 99-year lease originally granted by the Province of Ontario in 1999 and is controlled by Ferrovial, a publicly listed Spanish infrastructure conglomerate, which consolidates the 407 ETR within its North American infrastructure portfolio.

The 407 ETR collects tolls through a fully electronic system: regular users employ 407 ETR transponders, while occasional drivers are billed via license-plate-based invoicing. The customer base is broadly distributed across commuters, occasional drivers, and freight operators using the corridor, with no named enterprise anchors. Distribution is direct — the highway is the product, accessed at entry/exit points — and pricing is transaction-based per trip, with specific tariffs not publicly disclosed.

Operationally, the company reported strong H1 2026 financial results, with revenue up 19%, EBITDA up 24%, and net income up 31% versus H1 2025, even though overall traffic grew only 2% and Q2 traffic declined 3% on weaker economic conditions and adverse weather. The implied gap between traffic and revenue growth points to active yield management on a mature, high-margin infrastructure asset. Net income nevertheless missed analyst forecasts by approximately 9% due to higher finance costs. No product portfolio diversification, technology stack details, AI capabilities, or management team disclosures are present in the available data.

Name

407 INTERNATIONAL INC.

Legal name

407 International Inc.

Website

https://407etr.com

Company type

Private

Founded year

1999

Operating status

Operating

Short description

407 International Inc. operates the 407 ETR, an all-electronic toll highway in Ontario's Greater Toronto Area, serving commuters and freight operators under a 99-year provincial concession held by Ferrovial.

Ownership category

akta.pro rank

Product category

Toll Road Services

SIC

Transportation Services (4700)

akta.pro primary industry

Electronic Toll Collection (ETC) & Transponder/Tag Systems (RFID/DSRC) (TLAJABAA)

akta.pro secondary industries

Back-Office Toll Transaction Processing, Billing & Customer Account Management (TLAJABAC), Toll Payment & Toll Account Management (ETC, Toll Tags, Toll Invoicing) (TLABAMAC), Tolling, Pricing & Revenue Operations (Toll Roads, Congestion Pricing, Enforcement) (BPAIALAH)

Keywords

• Electronic toll collection
• Toll road operations
• Highway tolling
• Toll infrastructure
• Electronic toll highway

Headquarters

HQ city

Woodbridge

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Others

Distribution channels1 record

Core offering

407 International Inc. operates the 407 ETR (Express Toll Route), an all-electronic toll highway spanning from Burlington to Oshawa in Ontario, Canada. The company provides electronic toll collection, transponder-based and invoice-based billing, and account management services to drivers and freight operators using the corridor under a 99-year lease from the Province of Ontario.

Product overview

407 INTERNATIONAL INC. operates 407 ETR, a toll road system. The company provides electronic toll collection services on Highway 407 in Ontario, Canada. No detailed product portfolio or module descriptions are available in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• 407 ETR Express Toll Route All-electronic toll highway providing high-speed transportation corridor service across the Greater Toronto Area for commuters and freight transport.
• Electronic Toll Collection

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves3 records

Expansion highlights2 records

Regional players

• AtkinsRéalis: AtkinsRéalis (formerly SNC-Lavalin) is a Canadian-headquartered engineering services and infrastructure operator with significant involvement in Ontario infrastructure, including highway and toll systems engineering. Comparable as a regional infrastructure participant serving the same Ontario/GTA ecosystem, though not a direct toll-road concession competitor.

Direct peers

• Indiana Toll Road Concession Company: Indiana Toll Road Concession Company operates the 157-mile Indiana Toll Road under a long-term lease from the State of Indiana. Comparable to 407 ETR through private-concession structure, all-electronic tolling, and corridor-based revenue tied to economic activity in a single U.S. state.
• Abertis: Abertis is one of the world's largest toll road operators, managing more than 1,500 km of high-capacity toll roads across Europe, the Americas, and Asia through long-duration concessions. Comparable to 407 ETR through its concession-based operating model, electronic toll collection, and exposure to urban-corridor traffic.
• Cintra: Cintra is Ferrovial's toll road concession subsidiary, operating and investing in greenfield toll roads and managed lanes across the U.S., Canada, Europe, and Australia (e.g., I-66, I-77, LBJ Express, NTE, Toowoomba). It is the closest comparable to 407 International Inc. given identical concession-based business model, electronic tolling focus, and shared Ferrovial ownership.
• Atlas Arteria: Atlas Arteria is a toll road concession company listed in Australia, holding ~31.1% of APRR/AREA in France and the Dulles Greenway in the U.S. Its business model — owning minority/majority stakes in long-duration toll road concessions — is directly comparable to the 407 ETR structure.
• Autostrade per l'Italia: Autostrade per l'Italia operates more than 3,000 km of Italian toll motorways under a long-duration concession arrangement from the Italian government. Comparable to 407 ETR through its concession model, dense urban-corridor exposure, and electronic tolling.
• Transurban: Transurban is the largest pure-play toll road operator globally, managing toll concessions in Australia, the United States, and Canada (including most E-ZPass corridors in Virginia and Maryland). It is highly comparable in business model — long-duration concessions, electronic/free-flow tolling, and revenue tied to urban-corridor traffic.

Broad incumbents

• New Jersey Turnpike Authority: The New Jersey Turnpike Authority operates the New Jersey Turnpike and Garden State Parkway, two of the largest toll road systems in the United States, with all-electronic tolling. Comparable to 407 ETR through toll road operations, urban-corridor exposure, and electronic toll collection.
• Illinois State Toll Highway Authority: The Illinois Tollway operates more than 290 miles of toll roads in northern Illinois under a public authority structure with all-electronic tolling. Comparable to 407 ETR through its focus on corridor-based electronic toll collection in a major U.S. metro region, though it is a government authority rather than a private concession.

Others

• E-ZPass Interagency Group: E-ZPass is an interoperability consortium of U.S. toll agencies providing transponder-based electronic toll collection and clearinghouse services across 19 states. While not a toll operator, it functions as an enabling ecosystem for toll road interoperability and account management, comparable to the transponder/invoicing technology stack that 407 ETR operates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/407etr

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 407 INTERNATIONAL INC.