Old Dominion Freight Line Inc (ODFL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,557,600 | 1,647,780 | 1,841,350 | 1,388,420 | 901,364 |
| Revenue | US$ in thousands | 5,818,210 | 5,888,710 | 6,263,500 | 5,256,890 | 4,014,390 |
| Pretax margin | 26.77% | 27.98% | 29.40% | 26.41% | 22.45% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,557,600K ÷ $5,818,210K
= 26.77%
Old Dominion Freight Line Inc's pretax margin has shown a generally positive trend over the years, indicating an improvement in the company's profitability before taxes. The pretax margin increased from 22.45% in December 2020 to 26.41% in December 2021, demonstrating a significant growth in profitability. In the following years, the pretax margin continued to improve, reaching 29.40% by December 2022. However, there was a slight decline in the pretax margin to 27.98% in December 2023 and further to 26.77% by December 2024.
The fluctuations in the pretax margin suggest that Old Dominion Freight Line Inc may have experienced some variations in its operational efficiency and cost management during the period under review. Overall, the company has shown a strong performance in generating profits before taxes, with room for potential optimization to sustain or further enhance profitability levels in the future.
Peer comparison
Dec 31, 2024