Old Dominion Freight Line, Inc. (ODFL) Tax Rate: 24.80%
Is Old Dominion Freight Line, Inc.’s tax rate high or low?
Old Dominion Freight Line, Inc.'s tax rate of 24.80% is in line with its 5-year average of 24.92%, around the middle of its 5-year range (23.85%–25.50%).
The tax rate for Old Dominion Freight Line, Inc. (ODFL) is 24.80%. It is above its 12-month average by 1.95% (24.33%).
ODFL Tax Rate Chart
ODFL Average Tax Rate Chart
ODFL Current vs Average Tax Rate Chart
ODFL Tax Rate Metrics
TAX RATE
24.80%
TAX RATE AVG TTM
24.33%
TAX RATE AVG 3Y
24.66%
TAX RATE AVG 5Y
24.92%
TAX RATE AVG 10Y
26.90%
TAX RATE AVG 15Y
30.32%
TAX RATE AVG 20Y
32.41%
CURRENT VS TTM AVG
+1.95%
CURRENT VS 3Y AVG
+0.57%
CURRENT VS 5Y AVG
-0.47%
CURRENT VS 10Y AVG
-7.80%
CURRENT VS 15Y AVG
-18.20%
CURRENT VS 20Y AVG
-23.48%
Old Dominion Freight Line, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. Tax Rate FAQ
- What is the tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The tax rate for ODFL stock is 24.80%.
- Is Old Dominion Freight Line, Inc.'s tax rate high or low?
- Old Dominion Freight Line, Inc.'s tax rate of 24.80% is in line with its 5-year average of 24.92%, around the middle of its 5-year range (23.85%–25.50%).
- What is the TTM average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The TTM average tax rate for ODFL stock is 24.33%.
- What is the 3Y average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The 3Y average tax rate for ODFL stock is 24.66%.
- What is the 5Y average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The 5Y average tax rate for ODFL stock is 24.92%.
- What is the 10Y average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The 10Y average tax rate for ODFL stock is 26.90%.
- What is the 15Y average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The 15Y average tax rate for ODFL stock is 30.32%.
- What is the 20Y average tax rate for Old Dominion Freight Line, Inc. (ODFL)?
- The 20Y average tax rate for ODFL stock is 32.41%.
Old Dominion Freight Line, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 24.80% |
| 2024-12-31 | 23.85% |
| 2023-12-31 | 24.78% |
| 2022-12-31 | 25.21% |
| 2021-12-31 | 25.50% |
| 2020-12-31 | 25.37% |
| 2019-12-31 | 25.30% |
| 2018-12-31 | 25.73% |
| 2017-12-31 | 19.46% |
| 2016-12-31 | 38.07% |
| 2015-12-31 | 37.82% |
| 2014-12-31 | 38.15% |
| 2013-12-31 | 37.29% |
| 2012-12-31 | 37.95% |
| 2011-12-31 | 36.63% |
| 2010-12-31 | 39.20% |
| 2009-12-31 | 39.00% |
| 2008-12-31 | 39.04% |
| 2007-12-31 | 37.97% |
| 2006-12-31 | 39.19% |
| 2005-12-31 | 40.31% |
| 2004-12-31 | 39.63% |
| 2003-12-31 | 39.07% |
| 2002-12-31 | 39.00% |
| 2001-12-31 | 39.00% |
| 2000-12-31 | 39.00% |
| 1999-12-31 | 38.61% |
| 1998-12-31 | 38.00% |
| 1997-12-31 | 38.00% |
| 1996-12-31 | 38.00% |
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