Old Dominion Freight Line, Inc. (ODFL) Gross Margin: 30.91%
Is Old Dominion Freight Line, Inc.’s gross margin high or low?
Old Dominion Freight Line, Inc.'s gross margin of 30.91% is in line with its 5-year average of 33.78%, near the low end of its 5-year range (30.60%–36.04%).
The gross margin for Old Dominion Freight Line, Inc. (ODFL) is 30.91% as of Wednesday, June 10, 2026. It is below its 12-month average by 7.65% (33.47%).
ODFL Gross Margin Chart
ODFL Average Gross Margin Chart
ODFL Current vs Average Gross Margin Chart
ODFL Gross Margin Metrics
GROSS MARGIN
30.91%
GROSS MARGIN AVG TTM
33.47%
GROSS MARGIN AVG 3Y
34.58%
GROSS MARGIN AVG 5Y
33.78%
GROSS MARGIN AVG 10Y
30.54%
GROSS MARGIN AVG 15Y
27.86%
GROSS MARGIN AVG 20Y
39.84%
CURRENT VS TTM AVG
-7.65%
CURRENT VS 3Y AVG
-10.60%
CURRENT VS 5Y AVG
-8.49%
CURRENT VS 10Y AVG
+1.23%
CURRENT VS 15Y AVG
+10.95%
CURRENT VS 20Y AVG
-22.41%
ODFL Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | — | 30.91% | 33.47% | 34.58% | 33.78% |
| AMETEK, Inc. (AME) | $51.06B | 36.56% | 36.03% | 35.77% | 35.26% |
| Rockwell Automation, Inc. (ROK) | $51.24B | 48.14% | 46.33% | 43.42% | 43.59% |
| Fastenal Company (FAST) | $53.48B | 45.01% | 45.05% | 45.45% | 45.58% |
| Axon Enterprise, Inc. (AXON) | $36.97B | 59.32% | 59.63% | 60.43% | 60.72% |
| Paychex, Inc. (PAYX) | $35.93B | 72.35% | 72.16% | 71.47% | 70.48% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | 36.56% | 30.53% | 22.77% | 9.07% |
| PACCAR Inc (PCAR) | $62.99B | 16.23% | 18.08% | 19.00% | 18.78% |
| Dover Corporation (DOV) | $29.23B | 39.50% | 38.98% | 38.08% | 37.82% |
| Xylem Inc. (XYL) | $25.76B | 38.61% | 37.98% | 37.65% | 37.69% |
Gross Margin Analysis
Gross Margin
30.9%
(Revenue - COGS) / Revenue
Old Dominion Freight Line, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. Gross Margin FAQ
- What is the gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The gross margin for ODFL stock is 30.91%.
- Is Old Dominion Freight Line, Inc.'s gross margin high or low?
- Old Dominion Freight Line, Inc.'s gross margin of 30.91% is in line with its 5-year average of 33.78%, near the low end of its 5-year range (30.60%–36.04%).
- What is the TTM average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The TTM average gross margin for ODFL stock is 33.47%.
- What is the 3Y average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 3Y average gross margin for ODFL stock is 34.58%.
- What is the 5Y average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 5Y average gross margin for ODFL stock is 33.78%.
- What is the 10Y average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 10Y average gross margin for ODFL stock is 30.54%.
- What is the 15Y average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 15Y average gross margin for ODFL stock is 27.86%.
- What is the 20Y average gross margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 20Y average gross margin for ODFL stock is 39.84%.
Old Dominion Freight Line, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 32.15% |
| 2024-12-31 | 34.79% |
| 2023-12-31 | 35.32% |
| 2022-12-31 | 36.04% |
| 2021-12-31 | 33.77% |
| 2020-12-31 | 30.60% |
| 2019-12-31 | 28.48% |
| 2018-12-31 | 28.30% |
| 2017-12-31 | 26.07% |
| 2016-12-31 | 24.89% |
| 2015-12-31 | 25.48% |
| 2014-12-31 | 24.66% |
| 2013-12-31 | 22.94% |
| 2012-12-31 | 22.05% |
| 2011-12-31 | 21.19% |
| 2010-12-31 | 19.03% |
| 2009-12-31 | 78.69% |
| 2008-12-31 | 73.93% |
| 2007-12-31 | 85.43% |
| 2006-12-31 | 75.83% |
| 2005-12-31 | 76.96% |
| 2004-12-31 | 75.87% |
| 2003-12-31 | 80.47% |
| 2002-12-31 | 75.54% |
| 2001-12-31 | 75.32% |
| 2000-12-31 | 74.52% |
| 1999-12-31 | 76.99% |
| 1998-12-31 | 86.66% |
| 1997-12-31 | 72.89% |
| 1996-12-31 | 67.87% |
Related Metrics
About Old Dominion Freight Line, Inc.
Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.
- Sector
- Industrials
- Industry
- Trucking
- CEO
- Kevin Freeman