Return on Assets (ROA)
since 2005
Calculation
Old Dominion Freight Line Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 28.46% | = | 100 | × | 1,377,159) | ÷ | 4,838,610) |
| Dec 31, 2021 | 21.45% | = | 100 | × | 1,034,375) | ÷ | 4,821,544) |
| Dec 31, 2020 | 15.40% | = | 100 | × | 672,682) | ÷ | 4,369,410) |
| Dec 31, 2019 | 15.41% | = | 100 | × | 615,518) | ÷ | 3,995,568) |
| Dec 31, 2018 | 17.08% | = | 100 | × | 605,668) | ÷ | 3,545,283) |
| Dec 31, 2017 | 15.11% | = | 100 | × | 463,774) | ÷ | 3,068,424) |
| Dec 31, 2016 | 10.97% | = | 100 | × | 295,765) | ÷ | 2,696,247) |
| Dec 31, 2015 | 12.35% | = | 100 | × | 304,690) | ÷ | 2,466,504) |
| Dec 31, 2014 | 11.96% | = | 100 | × | 267,514) | ÷ | 2,236,237) |
| Dec 31, 2013 | 10.67% | = | 100 | × | 206,113) | ÷ | 1,932,089) |
| Dec 31, 2012 | 9.89% | = | 100 | × | 169,452) | ÷ | 1,712,514) |
| Dec 31, 2011 | 9.22% | = | 100 | × | 139,470) | ÷ | 1,513,074) |
| Dec 31, 2010 | 6.10% | = | 100 | × | 75,651) | ÷ | 1,239,881) |
| Dec 31, 2009 | 3.01% | = | 100 | × | 34,871) | ÷ | 1,159,278) |
| Dec 31, 2008 | 6.39% | = | 100 | × | 68,677) | ÷ | 1,074,905) |
| Dec 31, 2007 | 7.32% | = | 100 | × | 71,832) | ÷ | 981,048) |
| Dec 31, 2006 | 8.13% | = | 100 | × | 72,569) | ÷ | 892,193) |
| Dec 31, 2005 | 8.33% | = | 100 | × | 53,475) | ÷ | 641,648) |
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., ROA, 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 | 28.46% | 4.45% | -28.47% | 10.69% | 16.24% |
| Dec 31, 2021 | 21.45% | 6.32% | -1.28% | 10.27% | 18.57% |
| Dec 31, 2020 | 15.40% | 1.75% | -20.35% | 8.57% | 2.15% |
| Dec 31, 2019 | 15.41% | 0.99% | -26.78% | 9.60% | 7.67% |
| Dec 31, 2018 | 17.08% | 8.74% | — | 10.09% | 9.58% |
| Dec 31, 2017 | 15.11% | 6.17% | — | 18.53% | 10.81% |
| Dec 31, 2016 | 10.97% | 3.95% | — | 7.60% | 8.50% |
| Dec 31, 2015 | 12.35% | 2.83% | — | 8.74% | 12.64% |
| Dec 31, 2014 | 11.96% | 6.34% | — | 9.83% | 8.55% |
| Dec 31, 2013 | 10.67% | 4.65% | — | 8.82% | 12.07% |
| Dec 31, 2012 | 9.89% | 6.80% | — | 8.36% | 2.08% |
| Dec 31, 2011 | 9.22% | 5.30% | — | 7.30% | 10.96% |
| Dec 31, 2010 | 6.10% | 4.75% | — | 6.45% | 10.38% |
| Dec 31, 2009 | 3.01% | 0.40% | — | 4.48% | 6.75% |
| Dec 31, 2008 | 6.39% | 4.39% | — | 5.89% | 9.42% |
| Dec 31, 2007 | 7.32% | 8.40% | — | 4.88% | 0.98% |
| Dec 31, 2006 | 8.13% | 7.96% | — | 4.40% | 12.65% |
| Dec 31, 2005 | 8.33% | 7.10% | — | 2.88% | 10.99% |
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).
Comparison to Sector (Transportation)
Old Dominion Freight Line Inc., ROA, long-term trends, comparison to sector (transportation)
| Old Dominion Freight Line Inc. | Transportation | |
|---|---|---|
| Dec 31, 2022 | 28.46% | 5.20% |
| Dec 31, 2021 | 21.45% | 9.49% |
| Dec 31, 2020 | 15.40% | 0.52% |
| Dec 31, 2019 | 15.41% | 1.16% |
| Dec 31, 2018 | 17.08% | 9.49% |
| Dec 31, 2017 | 15.11% | 12.27% |
| Dec 31, 2016 | 10.97% | 6.67% |
| Dec 31, 2015 | 12.35% | 8.21% |
| Dec 31, 2014 | 11.96% | 8.50% |
| Dec 31, 2013 | 10.67% | 8.64% |
| Dec 31, 2012 | 9.89% | 5.85% |
| Dec 31, 2011 | 9.22% | 7.98% |
| Dec 31, 2010 | 6.10% | 7.34% |
| Dec 31, 2009 | 3.01% | 4.21% |
| Dec 31, 2008 | 6.39% | 6.65% |
| Dec 31, 2007 | 7.32% | 4.21% |
| Dec 31, 2006 | 8.13% | 8.24% |
| Dec 31, 2005 | 8.33% | 6.95% |
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).
Comparison to Industry (Industrials)
Old Dominion Freight Line Inc., ROA, long-term trends, comparison to industry (industrials)
| Old Dominion Freight Line Inc. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 28.46% | 3.46% |
| Dec 31, 2021 | 21.45% | 3.83% |
| Dec 31, 2020 | 15.40% | 0.74% |
| Dec 31, 2019 | 15.41% | 2.39% |
| Dec 31, 2018 | 17.08% | 3.08% |
| Dec 31, 2017 | 15.11% | 3.53% |
| Dec 31, 2016 | 10.97% | 4.50% |
| Dec 31, 2015 | 12.35% | 2.94% |
| Dec 31, 2014 | 11.96% | 4.35% |
| Dec 31, 2013 | 10.67% | 3.98% |
| Dec 31, 2012 | 9.89% | 3.55% |
| Dec 31, 2011 | 9.22% | 3.74% |
| Dec 31, 2010 | 6.10% | 3.12% |
| Dec 31, 2009 | 3.01% | 2.34% |
| Dec 31, 2008 | 6.39% | 3.61% |
| Dec 31, 2007 | 7.32% | 3.92% |
| Dec 31, 2006 | 8.13% | 4.31% |
| Dec 31, 2005 | 8.33% | 3.59% |
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).