Return on Equity (ROE)
since 2005
Calculation
Old Dominion Freight Line Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 37.70% | = | 100 | × | 1,377,159) | ÷ | 3,652,917) |
| Dec 31, 2021 | 28.11% | = | 100 | × | 1,034,375) | ÷ | 3,679,807) |
| Dec 31, 2020 | 20.22% | = | 100 | × | 672,682) | ÷ | 3,326,288) |
| Dec 31, 2019 | 19.98% | = | 100 | × | 615,518) | ÷ | 3,080,717) |
| Dec 31, 2018 | 22.60% | = | 100 | × | 605,668) | ÷ | 2,680,483) |
| Dec 31, 2017 | 20.37% | = | 100 | × | 463,774) | ÷ | 2,276,854) |
| Dec 31, 2016 | 15.98% | = | 100 | × | 295,765) | ÷ | 1,851,158) |
| Dec 31, 2015 | 18.09% | = | 100 | × | 304,690) | ÷ | 1,684,637) |
| Dec 31, 2014 | 17.91% | = | 100 | × | 267,514) | ÷ | 1,494,064) |
| Dec 31, 2013 | 16.73% | = | 100 | × | 206,113) | ÷ | 1,232,082) |
| Dec 31, 2012 | 16.52% | = | 100 | × | 169,452) | ÷ | 1,025,969) |
| Dec 31, 2011 | 16.28% | = | 100 | × | 139,470) | ÷ | 856,519) |
| Dec 31, 2010 | 11.31% | = | 100 | × | 75,651) | ÷ | 668,649) |
| Dec 31, 2009 | 5.88% | = | 100 | × | 34,871) | ÷ | 593,000) |
| Dec 31, 2008 | 12.30% | = | 100 | × | 68,677) | ÷ | 558,129) |
| Dec 31, 2007 | 14.68% | = | 100 | × | 71,832) | ÷ | 489,452) |
| Dec 31, 2006 | 17.38% | = | 100 | × | 72,569) | ÷ | 417,620) |
| Dec 31, 2005 | 15.50% | = | 100 | × | 53,475) | ÷ | 345,051) |
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., ROE, 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 | 37.70% | 15.34% | -124.54% | 57.54% | 58.36% |
| Dec 31, 2021 | 28.11% | 21.64% | -3.43% | 46.06% | 90.44% |
| Dec 31, 2020 | 20.22% | 7.03% | -55.18% | 31.54% | 204.41% |
| Dec 31, 2019 | 19.98% | 3.04% | -59.94% | 32.65% | 135.90% |
| Dec 31, 2018 | 22.60% | 23.55% | — | 29.21% | 158.59% |
| Dec 31, 2017 | 20.37% | 18.65% | — | 43.10% | 491.00% |
| Dec 31, 2016 | 15.98% | 13.20% | — | 21.24% | 847.16% |
| Dec 31, 2015 | 18.09% | 7.00% | — | 23.05% | 196.11% |
| Dec 31, 2014 | 17.91% | 13.73% | — | 24.45% | 141.62% |
| Dec 31, 2013 | 16.73% | 8.97% | — | 20.67% | 67.53% |
| Dec 31, 2012 | 16.52% | 13.80% | — | 19.84% | 17.34% |
| Dec 31, 2011 | 16.28% | 9.54% | — | 17.72% | 54.07% |
| Dec 31, 2010 | 11.31% | 8.57% | — | 15.65% | 43.71% |
| Dec 31, 2009 | 5.88% | 0.72% | — | 11.20% | 28.20% |
| Dec 31, 2008 | 12.30% | 7.74% | — | 15.14% | 44.29% |
| Dec 31, 2007 | 14.68% | 15.93% | — | 11.90% | 3.14% |
| Dec 31, 2006 | 17.38% | 15.69% | — | 10.49% | 27.14% |
| Dec 31, 2005 | 15.50% | 15.11% | — | 7.49% | 22.92% |
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., ROE, long-term trends, comparison to sector (transportation)
| Old Dominion Freight Line Inc. | Transportation | |
|---|---|---|
| Dec 31, 2022 | 37.70% | 20.60% |
| Dec 31, 2021 | 28.11% | 36.02% |
| Dec 31, 2020 | 20.22% | 2.51% |
| Dec 31, 2019 | 19.98% | 4.49% |
| Dec 31, 2018 | 22.60% | 35.77% |
| Dec 31, 2017 | 20.37% | 44.41% |
| Dec 31, 2016 | 15.98% | 27.80% |
| Dec 31, 2015 | 18.09% | 27.95% |
| Dec 31, 2014 | 17.91% | 26.70% |
| Dec 31, 2013 | 16.73% | 22.89% |
| Dec 31, 2012 | 16.52% | 17.28% |
| Dec 31, 2011 | 16.28% | 20.93% |
| Dec 31, 2010 | 11.31% | 18.84% |
| Dec 31, 2009 | 5.88% | 10.86% |
| Dec 31, 2008 | 12.30% | 17.59% |
| Dec 31, 2007 | 14.68% | 10.52% |
| Dec 31, 2006 | 17.38% | 18.00% |
| Dec 31, 2005 | 15.50% | 15.79% |
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., ROE, long-term trends, comparison to industry (industrials)
| Old Dominion Freight Line Inc. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 37.70% | 15.53% |
| Dec 31, 2021 | 28.11% | 16.58% |
| Dec 31, 2020 | 20.22% | 3.94% |
| Dec 31, 2019 | 19.98% | 13.76% |
| Dec 31, 2018 | 22.60% | 17.74% |
| Dec 31, 2017 | 20.37% | 17.95% |
| Dec 31, 2016 | 15.98% | 21.48% |
| Dec 31, 2015 | 18.09% | 13.44% |
| Dec 31, 2014 | 17.91% | 19.42% |
| Dec 31, 2013 | 16.73% | 16.37% |
| Dec 31, 2012 | 16.52% | 17.53% |
| Dec 31, 2011 | 16.28% | 19.87% |
| Dec 31, 2010 | 11.31% | 16.43% |
| Dec 31, 2009 | 5.88% | 12.98% |
| Dec 31, 2008 | 12.30% | 23.45% |
| Dec 31, 2007 | 14.68% | 20.40% |
| Dec 31, 2006 | 17.38% | 21.29% |
| Dec 31, 2005 | 15.50% | 16.98% |
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).