TTM
30.9%
YoY change
−2.63pp
Trough year (2010)
19.0%
Peak year (1998)
86.7%
Latest annual
32.2%
Gross Margin history chart for Old Dominion Freight Line (ODFL) from 1991 to 2025
Latest: 32.2%
Gross Margin change chart for Old Dominion Freight Line (ODFL) from 1991 to 2025
Latest: −2.63pp
Gross Margin history table for Old Dominion Freight Line (ODFL) from 1991 to 2025
| 2025 | 32.2% | -2.63pp | ||
| 2024 | 34.8% | -0.54pp | ||
| 2023 | 35.3% | -0.72pp | ||
| 2022 | 36.0% | +2.27pp | ||
| 2021 | 33.8% | +3.17pp | ||
| 2020 | 30.6% | +2.12pp | ||
| 2019 | 28.5% | +0.18pp | ||
| 2018 | 28.3% | +2.23pp | ||
| 2017 | 26.1% | +1.18pp | ||
| 2016 | 24.9% | -0.59pp | ||
| 2015 | 25.5% | +0.82pp | ||
| 2014 | 24.7% | +1.72pp | ||
| 2013 | 22.9% | +0.89pp | ||
| 2012 | 22.1% | +0.86pp | ||
| 2011 | 21.2% | +2.17pp | ||
| 2010 | 19.0% | -59.66pp | ||
| 2009 | 78.7% | +4.76pp | ||
| 2008 | 73.9% | -11.50pp | ||
| 2007 | 85.4% | +9.61pp | ||
| 2006 | 75.8% | -1.13pp | ||
| 2005 | 77.0% | +1.09pp | ||
| 2004 | 75.9% | -4.60pp | ||
| 2003 | 80.5% | +4.93pp | ||
| 2002 | 75.5% | +0.22pp | ||
| 2001 | 75.3% | +0.80pp | ||
| 2000 | 74.5% | -2.47pp | ||
| 1999 | 77.0% | -9.67pp | ||
| 1998 | 86.7% | +13.77pp | ||
| 1997 | 72.9% | +5.03pp | ||
| 1996 | 67.9% | -14.60pp | ||
| 1995 | 82.5% | +4.97pp | ||
| 1994 | 77.5% | +0.72pp | ||
| 1993 | 76.8% | -0.33pp | ||
| 1992 | 77.1% | +2.32pp | ||
| 1991 | 74.8% | — |
- 202532.2%-2.63pp
- 202434.8%-0.54pp
- 202335.3%-0.72pp
- 202236.0%+2.27pp
- 202133.8%+3.17pp
- 202030.6%+2.12pp
- 201928.5%+0.18pp
- 201828.3%+2.23pp
- 201726.1%+1.18pp
- 201624.9%-0.59pp
- 201525.5%+0.82pp
- 201424.7%+1.72pp
- 201322.9%+0.89pp
- 201222.1%+0.86pp
- 201121.2%+2.17pp
- 201019.0%-59.66pp
- 200978.7%+4.76pp
- 200873.9%-11.50pp
- 200785.4%+9.61pp
- 200675.8%-1.13pp
- 200577.0%+1.09pp
- 200475.9%-4.60pp
- 200380.5%+4.93pp
- 200275.5%+0.22pp
- 200175.3%+0.80pp
- 200074.5%-2.47pp
- 199977.0%-9.67pp
- 199886.7%+13.77pp
- 199772.9%+5.03pp
- 199667.9%-14.60pp
- 199582.5%+4.97pp
- 199477.5%+0.72pp
- 199376.8%-0.33pp
- 199277.1%+2.32pp
- 199174.8%—
Gross Margin values are taken from Old Dominion Freight Line's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Old Dominion Freight Line (ODFL)
According to Old Dominion Freight Line's latest reported financial statements, the company's latest reported gross margin is 30.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Old Dominion Freight Line (ODFL) came in at 32.15% – contracted 2.6 percentage points year-over-year.
The record annual gross margin stands at 86.66%, reached in 1998; the historical low of 19.03% was recorded in 2010.
Old Dominion Freight Line Gross Margin by Year
Old Dominion Freight Line Gross Margin 2025: 32.2%
2025's gross margin for Old Dominion Freight Line came in at 32.15%, contracted 2.6 percentage points from 2024.
Old Dominion Freight Line Gross Margin 2024: 34.8%
Old Dominion Freight Line posted gross margin of 34.79% in 2024, contracted 0.5 percentage points from 2023.
Old Dominion Freight Line Gross Margin 2023: 35.3%
In 2023, Old Dominion Freight Line reported gross margin of 35.32%, contracted 0.7 percentage points from 2022.
Old Dominion Freight Line Gross Margin 2022: 36.0%
Old Dominion Freight Line gross margin in 2022 was 36.04%, expanded 2.3 percentage points from 2021.
Old Dominion Freight Line Gross Margin 2021: 33.8%
Old Dominion Freight Line gross margin in 2021 was 33.77%.
See more financial history for Old Dominion Freight Line (ODFL).
Sector peers by Gross Margin
Industrials peers of Old Dominion Freight Line (ODFL), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
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