Old Dominion Freight Line
ODFL
#405
Rank
$47.72 B
Marketcap
$219.31
Share price
2.49%
Change (1 day)
-33.95%
Change (1 year)
Old Dominion Freight Line, Inc. is an American transportation company. It offers regional, interregional and national LTL services.

Operating Margin for Old Dominion Freight Line (ODFL)

Operating Margin as of March 2024 (TTM): 29.41%

According to Old Dominion Freight Line 's latest financial reports and stock price the company's current Operating Margin is 29.41%. At the end of 2022 the company had an Operating Margin of 29.41%.

Operating Margin history for Old Dominion Freight Line from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202229.41%11.36%
202126.41%17.66%
202022.45%11.96%
201920.05%-0.57%
201820.17%17.61%
201717.15%7.41%
201615.96%-3.16%
201516.49%6.26%
201415.51%10.34%
201314.06%8.66%
201212.94%10.69%
201111.69%39.15%
20108.40%82.98%
20094.59%-37.33%
20087.33%-11.32%
20078.26%-11.43%
20069.33%9.68%
20058.50%8.51%
20047.84%15.5%
20036.79%27.01%
20025.34%37.49%
20013.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.64%-70.62%๐Ÿ‡บ๐Ÿ‡ธ USA
5.23%-82.22%๐Ÿ‡บ๐Ÿ‡ธ USA
7.25%-75.35%๐Ÿ‡บ๐Ÿ‡ธ USA
16.10%-45.26%๐Ÿ‡บ๐Ÿ‡ธ USA
17.46%-40.63%๐Ÿ‡บ๐Ÿ‡ธ USA
7.38%-74.91%๐Ÿ‡บ๐Ÿ‡ธ USA
9.85%-66.51%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.