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 Airlines Holdings Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2022 | 37.70% | 15.34% | -124.54% | 57.54% | 10.69% | 58.36% |
| Dec 31, 2021 | 28.11% | 21.64% | -3.43% | 46.06% | -39.05% | 90.44% |
| Dec 31, 2020 | 20.22% | 7.03% | -55.18% | 31.54% | -118.61% | 204.41% |
| Dec 31, 2019 | 19.98% | 3.04% | -59.94% | 32.65% | 26.09% | 135.90% |
| Dec 31, 2018 | 22.60% | 23.55% | — | 29.21% | 21.30% | 158.59% |
| Dec 31, 2017 | 20.37% | 18.65% | — | 43.10% | 24.20% | 491.00% |
| Dec 31, 2016 | 15.98% | 13.20% | — | 21.24% | 26.13% | 847.16% |
| Dec 31, 2015 | 18.09% | 7.00% | — | 23.05% | 81.86% | 196.11% |
| Dec 31, 2014 | 17.91% | 13.73% | — | 24.45% | 47.25% | 141.62% |
| Dec 31, 2013 | 16.73% | 8.97% | — | 20.67% | 19.14% | 67.53% |
| Dec 31, 2012 | 16.52% | 13.80% | — | 19.84% | -150.31% | 17.34% |
| Dec 31, 2011 | 16.28% | 9.54% | — | 17.72% | 46.51% | 54.07% |
| Dec 31, 2010 | 11.31% | 8.57% | — | 15.65% | 14.65% | 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% | 16.67% | 3.14% |
| Dec 31, 2006 | 17.38% | 15.69% | — | 10.49% | 1,064.99% | 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% | 19.64% |
| Dec 31, 2021 | 28.11% | 30.78% |
| Dec 31, 2020 | 20.22% | -10.82% |
| Dec 31, 2019 | 19.98% | 8.33% |
| Dec 31, 2018 | 22.60% | 33.03% |
| Dec 31, 2017 | 20.37% | 40.90% |
| Dec 31, 2016 | 15.98% | 27.46% |
| Dec 31, 2015 | 18.09% | 38.20% |
| Dec 31, 2014 | 17.91% | 27.90% |
| Dec 31, 2013 | 16.73% | 22.65% |
| Dec 31, 2012 | 16.52% | 15.25% |
| Dec 31, 2011 | 16.28% | 22.02% |
| Dec 31, 2010 | 11.31% | 18.67% |
| Dec 31, 2009 | 5.88% | 9.88% |
| Dec 31, 2008 | 12.30% | 3.26% |
| Dec 31, 2007 | 14.68% | 10.87% |
| Dec 31, 2006 | 17.38% | 68.59% |
| Dec 31, 2005 | 15.50% | -101.45% |
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% | 15.70% |
| Dec 31, 2021 | 28.11% | 15.61% |
| Dec 31, 2020 | 20.22% | 0.67% |
| Dec 31, 2019 | 19.98% | 14.80% |
| Dec 31, 2018 | 22.60% | 18.12% |
| Dec 31, 2017 | 20.37% | 18.27% |
| Dec 31, 2016 | 15.98% | 21.84% |
| Dec 31, 2015 | 18.09% | 16.16% |
| Dec 31, 2014 | 17.91% | 19.66% |
| Dec 31, 2013 | 16.73% | 16.39% |
| Dec 31, 2012 | 16.52% | 17.17% |
| Dec 31, 2011 | 16.28% | 20.00% |
| Dec 31, 2010 | 11.31% | 16.32% |
| Dec 31, 2009 | 5.88% | 12.81% |
| Dec 31, 2008 | 12.30% | 20.67% |
| Dec 31, 2007 | 14.68% | 20.32% |
| Dec 31, 2006 | 17.38% | 31.99% |
| Dec 31, 2005 | 15.50% | 7.87% |
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).