Operating Profit Margin
since 2005
Calculation
Old Dominion Freight Line Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Revenue from operations1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 29.40% | = | 100 | × | 1,840,632) | ÷ | 6,260,077) |
| Dec 31, 2021 | 26.47% | = | 100 | × | 1,391,602) | ÷ | 5,256,328) |
| Dec 31, 2020 | 22.59% | = | 100 | × | 906,882) | ÷ | 4,015,129) |
| Dec 31, 2019 | 19.92% | = | 100 | × | 818,706) | ÷ | 4,109,111) |
| Dec 31, 2018 | 20.21% | = | 100 | × | 817,051) | ÷ | 4,043,695) |
| Dec 31, 2017 | 17.15% | = | 100 | × | 575,886) | ÷ | 3,358,112) |
| Dec 31, 2016 | 16.17% | = | 100 | × | 483,835) | ÷ | 2,991,517) |
| Dec 31, 2015 | 16.76% | = | 100 | × | 498,240) | ÷ | 2,972,442) |
| Dec 31, 2014 | 15.83% | = | 100 | × | 441,307) | ÷ | 2,787,897) |
| Dec 31, 2013 | 14.48% | = | 100 | × | 338,438) | ÷ | 2,337,648) |
| Dec 31, 2012 | 13.52% | = | 100 | × | 285,254) | ÷ | 2,110,483) |
| Dec 31, 2011 | 12.43% | = | 100 | × | 234,072) | ÷ | 1,882,541) |
| Dec 31, 2010 | 9.30% | = | 100 | × | 137,739) | ÷ | 1,480,998) |
| Dec 31, 2009 | 5.65% | = | 100 | × | 70,391) | ÷ | 1,245,005) |
| Dec 31, 2008 | 8.39% | = | 100 | × | 129,070) | ÷ | 1,537,724) |
| Dec 31, 2007 | 9.27% | = | 100 | × | 129,937) | ÷ | 1,401,542) |
| Dec 31, 2006 | 10.20% | = | 100 | × | 130,485) | ÷ | 1,279,431) |
| Dec 31, 2005 | 9.19% | = | 100 | × | 97,585) | ÷ | 1,061,403) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Old Dominion Freight Line Inc., operating profit margin, long-term trends, comparison to competitors
| Old Dominion Freight Line Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 29.40% | 6.68% | -5.75% | 39.87% | 13.05% |
| Dec 31, 2021 | 26.47% | 6.98% | -21.97% | 42.83% | 13.17% |
| Dec 31, 2020 | 22.59% | 3.49% | -43.66% | 40.11% | 9.08% |
| Dec 31, 2019 | 19.92% | 6.41% | -60.76% | 39.40% | 10.52% |
| Dec 31, 2018 | 20.21% | 7.44% | — | 37.30% | 9.77% |
| Dec 31, 2017 | 17.15% | 8.35% | — | 37.95% | 11.43% |
| Dec 31, 2016 | 16.17% | 6.11% | — | 36.47% | 8.98% |
| Dec 31, 2015 | 16.76% | 3.93% | — | 36.91% | 13.14% |
| Dec 31, 2014 | 15.83% | 7.56% | — | 36.49% | 8.53% |
| Dec 31, 2013 | 14.48% | 5.76% | — | 33.90% | 12.69% |
| Dec 31, 2012 | 13.52% | 7.46% | — | 32.23% | 2.48% |
| Dec 31, 2011 | 12.43% | 6.05% | — | 29.27% | 11.45% |
| Dec 31, 2010 | 9.30% | 5.75% | — | 29.36% | 11.86% |
| Dec 31, 2009 | 5.65% | 2.10% | — | 23.98% | 8.39% |
| Dec 31, 2008 | 8.39% | 5.47% | — | 22.68% | 10.45% |
| Dec 31, 2007 | 9.27% | 9.30% | — | 20.73% | 1.16% |
| Dec 31, 2006 | 10.20% | 9.33% | — | 18.51% | 13.95% |
| Dec 31, 2005 | 9.19% | 8.42% | — | 13.22% | 14.43% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).