Old Dominion Freight Line, Inc. (ODFL) Operating Margin: 24.57%
Is Old Dominion Freight Line, Inc.’s operating margin high or low?
Old Dominion Freight Line, Inc.'s operating margin of 24.57% is in line with its 5-year average of 26.29%, near the low end of its 5-year range (22.59%–29.40%).
The operating margin for Old Dominion Freight Line, Inc. (ODFL) is 24.57% as of Wednesday, June 10, 2026. It is below its 12-month average by 4.23% (25.66%).
ODFL Operating Margin Chart
ODFL Average Operating Margin Chart
ODFL Current vs Average Operating Margin Chart
ODFL Operating Margin Metrics
OPERATING MARGIN
24.57%
OPERATING MARGIN AVG TTM
25.66%
OPERATING MARGIN AVG 3Y
27.17%
OPERATING MARGIN AVG 5Y
26.29%
OPERATING MARGIN AVG 10Y
22.54%
OPERATING MARGIN AVG 15Y
19.58%
OPERATING MARGIN AVG 20Y
16.95%
CURRENT VS TTM AVG
-4.23%
CURRENT VS 3Y AVG
-9.57%
CURRENT VS 5Y AVG
-6.54%
CURRENT VS 10Y AVG
+9.00%
CURRENT VS 15Y AVG
+25.51%
CURRENT VS 20Y AVG
+44.97%
ODFL Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | — | 24.57% | 25.66% | 27.17% | 26.29% |
| Rockwell Automation, Inc. (ROK) | $49.11B | 19.08% | 16.18% | 17.07% | 15.99% |
| AMETEK, Inc. (AME) | $51.06B | 26.17% | 25.89% | 25.52% | 24.72% |
| Fastenal Company (FAST) | $52.90B | 20.25% | 20.10% | 20.46% | 20.38% |
| PACCAR Inc (PCAR) | $60.21B | 9.68% | 12.47% | 13.66% | 10.74% |
| Paychex, Inc. (PAYX) | $36.22B | 36.90% | 40.41% | 40.33% | 38.91% |
| Axon Enterprise, Inc. (AXON) | $36.08B | 1.48% | 0.29% | 4.66% | -0.46% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | -33.20% | -40.77% | -54.59% | -89.77% |
| Dover Corporation (DOV) | $29.23B | 16.70% | 16.27% | 16.18% | 15.81% |
| Xylem Inc. (XYL) | $25.76B | 13.60% | 12.66% | 11.36% | 10.70% |
Operating Efficiency
Gross Margin
30.9%
Operating Margin
24.6%
Old Dominion Freight Line, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. Operating Margin FAQ
- What is the operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The operating margin for ODFL stock is 24.57%.
- Is Old Dominion Freight Line, Inc.'s operating margin high or low?
- Old Dominion Freight Line, Inc.'s operating margin of 24.57% is in line with its 5-year average of 26.29%, near the low end of its 5-year range (22.59%–29.40%).
- What is the TTM average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The TTM average operating margin for ODFL stock is 25.66%.
- What is the 3Y average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 3Y average operating margin for ODFL stock is 27.17%.
- What is the 5Y average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 5Y average operating margin for ODFL stock is 26.29%.
- What is the 10Y average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 10Y average operating margin for ODFL stock is 22.54%.
- What is the 15Y average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 15Y average operating margin for ODFL stock is 19.58%.
- What is the 20Y average operating margin for Old Dominion Freight Line, Inc. (ODFL)?
- The 20Y average operating margin for ODFL stock is 16.95%.
Old Dominion Freight Line, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 24.76% |
| 2024-12-31 | 26.55% |
| 2023-12-31 | 27.97% |
| 2022-12-31 | 29.40% |
| 2021-12-31 | 26.47% |
| 2020-12-31 | 22.59% |
| 2019-12-31 | 19.92% |
| 2018-12-31 | 20.21% |
| 2017-12-31 | 17.15% |
| 2016-12-31 | 16.17% |
| 2015-12-31 | 16.76% |
| 2014-12-31 | 15.83% |
| 2013-12-31 | 14.48% |
| 2012-12-31 | 13.36% |
| 2011-12-31 | 12.29% |
| 2010-12-31 | 9.30% |
| 2009-12-31 | 5.65% |
| 2008-12-31 | 8.39% |
| 2007-12-31 | 9.27% |
| 2006-12-31 | 10.20% |
| 2005-12-31 | 9.19% |
| 2004-12-31 | 8.57% |
| 2003-12-31 | 7.67% |
| 2002-12-31 | 6.41% |
| 2001-12-31 | 4.92% |
| 2000-12-31 | 5.62% |
| 1999-12-31 | 6.58% |
| 1998-12-31 | 5.89% |
| 1997-12-31 | 6.09% |
| 1996-12-31 | 4.42% |
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