Total Asset Turnover
since 2005
Calculation
Old Dominion Freight Line Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue from operations1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 1.29 | = | 6,260,077) | ÷ | 4,838,610) |
| Dec 31, 2021 | 1.09 | = | 5,256,328) | ÷ | 4,821,544) |
| Dec 31, 2020 | 0.92 | = | 4,015,129) | ÷ | 4,369,410) |
| Dec 31, 2019 | 1.03 | = | 4,109,111) | ÷ | 3,995,568) |
| Dec 31, 2018 | 1.14 | = | 4,043,695) | ÷ | 3,545,283) |
| Dec 31, 2017 | 1.09 | = | 3,358,112) | ÷ | 3,068,424) |
| Dec 31, 2016 | 1.11 | = | 2,991,517) | ÷ | 2,696,247) |
| Dec 31, 2015 | 1.21 | = | 2,972,442) | ÷ | 2,466,504) |
| Dec 31, 2014 | 1.25 | = | 2,787,897) | ÷ | 2,236,237) |
| Dec 31, 2013 | 1.21 | = | 2,337,648) | ÷ | 1,932,089) |
| Dec 31, 2012 | 1.23 | = | 2,110,483) | ÷ | 1,712,514) |
| Dec 31, 2011 | 1.24 | = | 1,882,541) | ÷ | 1,513,074) |
| Dec 31, 2010 | 1.19 | = | 1,480,998) | ÷ | 1,239,881) |
| Dec 31, 2009 | 1.07 | = | 1,245,005) | ÷ | 1,159,278) |
| Dec 31, 2008 | 1.43 | = | 1,537,724) | ÷ | 1,074,905) |
| Dec 31, 2007 | 1.43 | = | 1,401,542) | ÷ | 981,048) |
| Dec 31, 2006 | 1.43 | = | 1,279,431) | ÷ | 892,193) |
| Dec 31, 2005 | 1.65 | = | 1,061,403) | ÷ | 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., total asset turnover, 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 | 1.29 | 1.09 | 0.99 | 0.38 | 1.41 |
| Dec 31, 2021 | 1.09 | 1.01 | 0.45 | 0.34 | 1.40 |
| Dec 31, 2020 | 0.92 | 0.94 | 0.33 | 0.31 | 1.36 |
| Dec 31, 2019 | 1.03 | 1.28 | 0.45 | 0.35 | 1.28 |
| Dec 31, 2018 | 1.14 | 1.25 | — | 0.39 | 1.44 |
| Dec 31, 2017 | 1.09 | 1.24 | — | 0.37 | 1.45 |
| Dec 31, 2016 | 1.11 | 1.09 | — | 0.36 | 1.51 |
| Dec 31, 2015 | 1.21 | 1.28 | — | 0.40 | 1.52 |
| Dec 31, 2014 | 1.25 | 1.38 | — | 0.46 | 1.64 |
| Dec 31, 2013 | 1.21 | 1.32 | — | 0.44 | 1.53 |
| Dec 31, 2012 | 1.23 | 1.43 | — | 0.44 | 1.39 |
| Dec 31, 2011 | 1.24 | 1.44 | — | 0.43 | 1.53 |
| Dec 31, 2010 | 1.19 | 1.39 | — | 0.39 | 1.47 |
| Dec 31, 2009 | 1.07 | 1.46 | — | 0.33 | 1.42 |
| Dec 31, 2008 | 1.43 | 1.48 | — | 0.45 | 1.62 |
| Dec 31, 2007 | 1.43 | 1.47 | — | 0.43 | 1.27 |
| Dec 31, 2006 | 1.43 | 1.42 | — | 0.43 | 1.43 |
| Dec 31, 2005 | 1.65 | 1.44 | — | 0.38 | 1.21 |
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., total asset turnover, long-term trends, comparison to sector (transportation)
| Old Dominion Freight Line Inc. | Transportation | |
|---|---|---|
| Dec 31, 2022 | 1.29 | 0.98 |
| Dec 31, 2021 | 1.09 | 0.87 |
| Dec 31, 2020 | 0.92 | 0.80 |
| Dec 31, 2019 | 1.03 | 0.87 |
| Dec 31, 2018 | 1.14 | 0.99 |
| Dec 31, 2017 | 1.09 | 0.97 |
| Dec 31, 2016 | 1.11 | 0.92 |
| Dec 31, 2015 | 1.21 | 0.98 |
| Dec 31, 2014 | 1.25 | 1.05 |
| Dec 31, 2013 | 1.21 | 1.02 |
| Dec 31, 2012 | 1.23 | 1.02 |
| Dec 31, 2011 | 1.24 | 1.04 |
| Dec 31, 2010 | 1.19 | 1.00 |
| Dec 31, 2009 | 1.07 | 0.96 |
| Dec 31, 2008 | 1.43 | 1.10 |
| Dec 31, 2007 | 1.43 | 1.00 |
| Dec 31, 2006 | 1.43 | 1.03 |
| Dec 31, 2005 | 1.65 | 0.94 |
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., total asset turnover, long-term trends, comparison to industry (industrials)
| Old Dominion Freight Line Inc. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 1.29 | 0.66 |
| Dec 31, 2021 | 1.09 | 0.60 |
| Dec 31, 2020 | 0.92 | 0.51 |
| Dec 31, 2019 | 1.03 | 0.61 |
| Dec 31, 2018 | 1.14 | 0.65 |
| Dec 31, 2017 | 1.09 | 0.61 |
| Dec 31, 2016 | 1.11 | 0.60 |
| Dec 31, 2015 | 1.21 | 0.53 |
| Dec 31, 2014 | 1.25 | 0.47 |
| Dec 31, 2013 | 1.21 | 0.46 |
| Dec 31, 2012 | 1.23 | 0.44 |
| Dec 31, 2011 | 1.24 | 0.43 |
| Dec 31, 2010 | 1.19 | 0.40 |
| Dec 31, 2009 | 1.07 | 0.38 |
| Dec 31, 2008 | 1.43 | 0.42 |
| Dec 31, 2007 | 1.43 | 0.40 |
| Dec 31, 2006 | 1.43 | 0.42 |
| Dec 31, 2005 | 1.65 | 0.39 |
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).