Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 31.70% is in line with its 5-year average of 34.77%, around the middle of its 5-year range (27.67%–37.95%).
0.03% above its 12-month average of 31.69%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
31.70%
GROSS MARGIN AVG TTM
31.69%
GROSS MARGIN AVG 3Y
34.15%
GROSS MARGIN AVG 5Y
34.77%
GROSS MARGIN AVG 10Y
31.19%
GROSS MARGIN AVG 15Y
29.14%
GROSS MARGIN AVG 20Y
43.50%
CURRENT VS TTM AVG
+0.03%
CURRENT VS 3Y AVG
-7.16%
CURRENT VS 5Y AVG
-8.83%
CURRENT VS 10Y AVG
+1.63%
CURRENT VS 15Y AVG
+8.77%
CURRENT VS 20Y AVG
-27.13%
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+2.51%
vs the sector median at left
Old Dominion Freight Line, Inc.
Market Cap
$38.89B
Gross Margin
31.70%
TTM Avg
31.69%
3Y Avg
34.15%
5Y Avg
34.77%
Market Cap
$38.13B
Gross Margin
37.26%
TTM Avg
30.53%
3Y Avg
22.77%
5Y Avg
9.07%
Market Cap
$40.74B
Gross Margin
59.41%
TTM Avg
59.63%
3Y Avg
60.43%
5Y Avg
60.72%
Market Cap
$41.12B
Gross Margin
39.22%
TTM Avg
40.38%
3Y Avg
40.37%
5Y Avg
40.32%
Market Cap
$35.13B
Gross Margin
65.06%
TTM Avg
49.08%
3Y Avg
37.53%
5Y Avg
20.05%
Market Cap
$43.13B
Gross Margin
75.80%
TTM Avg
75.56%
3Y Avg
76.06%
5Y Avg
76.66%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | $38.89B | 31.70% | 31.69% | 34.15% | 34.77% |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.13B | 37.26% | 30.53% | 22.77% | 9.07% |
| Axon Enterprise, Inc. (AXON)vs › | $40.74B | 59.41% | 59.63% | 60.43% | 60.72% |
| Waste Connections, Inc. (WCN)vs › | $41.12B | 39.22% | 40.38% | 40.37% | 40.32% |
| Paychex, Inc. (PAYX)vs › | $41.59B | 74.29% | 73.32% | 72.40% | 71.47% |
| Ferrovial SE (FER)vs › | $42.06B | 24.87% | 24.91% | 24.12% | 22.54% |
| United Airlines Holdings, Inc. (UAL)vs › | $35.13B | 65.06% | 49.08% | 37.53% | 20.05% |
| Thomson Reuters Corporation (TRI)vs › | $43.13B | 75.80% | 75.56% | 76.06% | 76.66% |
| EMCOR Group, Inc. (EME)vs › | $34.10B | 19.66% | 19.28% | 17.41% | 16.78% |
| Ferguson plc (FERG)vs › | $43.89B | 30.55% | 30.83% | 30.64% | 30.64% |
Gross Margin
31.7%
(Revenue - COGS) / Revenue
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
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 35.04% |
| 2026-03-31 | 27.67% |
| 2025-12-31 | 30.08% |
| 2025-09-30 | 33.34% |
| 2025-06-30 | 32.33% |
| 2025-03-31 | 32.74% |
| 2024-12-31 | 33.65% |
| 2024-09-30 | 35.04% |
| 2024-06-30 | 35.85% |
| 2024-03-31 | 34.52% |
| 2023-12-31 | 35.34% |
| 2023-09-30 | 36.69% |
| 2023-06-30 | 35.14% |
| 2023-03-31 | 34.05% |
| 2022-12-31 | 35.37% |
| 2022-09-30 | 37.95% |
| 2022-06-30 | 36.82% |
| 2022-03-31 | 33.79% |
| 2021-12-31 | 33.18% |
| 2021-09-30 | 34.76% |
| 2021-06-30 | 35.05% |
| 2021-03-31 | 31.78% |
| 2020-12-31 | 30.89% |
| 2020-09-30 | 33.35% |
| 2020-06-30 | 30.70% |
| 2020-03-31 | 27.24% |
| 2019-12-31 | 27.46% |
| 2019-09-30 | 29.67% |
| 2019-06-30 | 30.04% |
| 2019-03-31 | 26.58% |
| 2018-12-31 | 29.07% |
| 2018-09-30 | 29.36% |
| 2018-06-30 | 29.26% |
| 2018-03-31 | 25.14% |
| 2017-12-31 | 25.15% |
| 2017-09-30 | 27.37% |
| 2017-06-30 | 28.11% |
| 2017-03-31 | 23.37% |
| 2016-12-31 | 23.40% |
| 2016-09-30 | 26.11% |
| 2016-06-30 | 26.46% |
| 2016-03-31 | 23.45% |
| 2015-12-31 | 23.63% |
| 2015-09-30 | 26.81% |
| 2015-06-30 | 27.08% |
| 2015-03-31 | 24.21% |
| 2014-12-31 | 24.29% |
| 2014-09-30 | 26.00% |
| 2014-06-30 | 25.89% |
| 2014-03-31 | 22.10% |
| 2013-12-31 | 20.69% |
| 2013-09-30 | 24.58% |
| 2013-06-30 | 24.83% |
| 2013-03-31 | 21.46% |
| 2012-12-31 | -137.67% |
| 2012-09-30 | 23.34% |
| 2012-06-30 | 23.87% |
| 2012-03-31 | 20.09% |
| 2011-12-31 | 74.91% |
| 2011-09-30 | 74.89% |
| 2011-06-30 | 74.31% |
| 2011-03-31 | 73.40% |
| 2010-12-31 | 52.93% |
| 2010-09-30 | 76.73% |
| 2010-06-30 | 76.68% |
| 2010-03-31 | 76.43% |
| 2009-12-31 | 85.63% |
| 2009-09-30 | 87.21% |
| 2009-06-30 | 88.08% |
| 2009-03-31 | 89.36% |
| 2008-12-31 | 89.08% |
| 2008-09-30 | 81.43% |
| 2008-06-30 | 79.49% |
| 2008-03-31 | 82.53% |
| 2007-12-31 | 89.34% |
| 2007-09-30 | 84.12% |
| 2007-06-30 | 86.24% |
| 2007-03-31 | 71.08% |
| 2006-12-31 | 83.02% |
| 2006-09-30 | 70.88% |
| 2006-06-30 | 71.33% |
| 2006-03-31 | 71.41% |
| 2005-12-31 | 94.71% |
| 2005-09-30 | 71.20% |
| 2005-06-30 | 71.87% |
| 2005-03-31 | 72.02% |
| 2004-12-31 | 72.15% |
| 2004-09-30 | 74.63% |
| 2004-06-30 | 74.78% |
| 2004-03-31 | 75.21% |
| 2003-12-31 | 70.46% |
| 2003-09-30 | 76.94% |
| 2003-06-30 | 75.89% |
| 2003-03-31 | 75.81% |
| 2002-12-31 | 76.35% |
| 2002-09-30 | 75.26% |
