Old Dominion Freight Line Inc (ODFL)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.06% | 43.07% | 43.85% | 43.80% | 44.12% | 44.85% | 45.74% | 47.17% | 47.34% | 46.68% | 45.43% | 43.90% | 42.71% | 41.55% | 40.12% | 37.88% | 36.35% | 53.22% | 52.85% | 53.02% |
| Operating profit margin | 26.55% | 27.46% | 27.98% | 27.87% | 27.88% | 28.12% | 28.56% | 29.28% | 29.39% | 28.85% | 27.95% | 27.14% | 26.48% | 25.89% | 25.35% | 23.92% | 22.59% | 21.28% | 20.00% | 20.06% |
| Pretax margin | 26.78% | 27.74% | 28.26% | 28.08% | 28.00% | 28.20% | 28.61% | 29.31% | 29.40% | 28.82% | 27.91% | 27.08% | 26.42% | 25.82% | 25.25% | 23.84% | 22.45% | 21.20% | 19.99% | 20.08% |
| Net profit margin | 20.39% | 20.98% | 21.33% | 21.14% | 21.06% | 21.14% | 21.47% | 21.94% | 21.99% | 21.55% | 20.77% | 20.16% | 19.68% | 19.22% | 18.81% | 17.79% | 16.76% | 15.87% | 14.95% | 14.99% |
Old Dominion Freight Line Inc's profitability ratios show a positive trend over the analyzed period. The gross profit margin has been increasing steadily, indicating improved efficiency in generating revenue after accounting for the cost of goods sold. The operating profit margin has also shown a consistent increase, reflecting the company's ability to control its operating expenses while generating profits from its core business activities.
Additionally, the pretax margin has demonstrated a growth trend, highlighting the company's ability to generate profits before accounting for taxes. The net profit margin, which represents the percentage of revenue that translates into net income after all expenses are accounted for, has also shown an overall positive trajectory.
These trends suggest that Old Dominion Freight Line Inc has been successful in managing its costs, increasing operational efficiency, and maximizing profitability over the analyzed period. Overall, the company's profitability ratios indicate a healthy financial performance and a strong operational foundation.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 28.12% | 30.06% | 31.33% | 29.09% | 29.76% | 31.14% | 34.16% | 36.68% | 38.04% | 37.06% | 34.84% | 32.35% | 28.86% | 27.60% | 25.59% | 22.83% | 20.76% | 19.67% | 19.32% | 20.93% |
| Return on assets (ROA) | 21.60% | 22.96% | 23.89% | 22.06% | 22.49% | 23.41% | 25.68% | 27.48% | 28.46% | 27.69% | 25.89% | 24.03% | 21.45% | 20.49% | 18.98% | 16.98% | 15.40% | 14.67% | 14.44% | 15.64% |
| Return on total capital | 35.90% | 38.53% | 40.17% | 36.73% | 37.86% | 39.90% | 43.55% | 47.34% | 49.14% | 48.88% | 45.75% | 42.42% | 36.77% | 36.13% | 33.09% | 30.13% | 26.43% | 25.31% | 25.16% | 26.90% |
| Return on equity (ROE) | 27.94% | 29.83% | 31.04% | 28.33% | 29.11% | 30.53% | 33.37% | 36.37% | 37.70% | 37.44% | 34.91% | 32.39% | 28.11% | 27.64% | 25.30% | 23.15% | 20.22% | 19.77% | 19.75% | 20.40% |
Old Dominion Freight Line Inc has shown a consistent improvement in profitability ratios over the analyzed period. The Operating return on assets (Operating ROA) has seen a steady increase from 20.93% on March 31, 2020, reaching a peak of 38.04% on December 31, 2022, before slightly decreasing to 28.12% on December 31, 2024. This indicates the company's ability to generate profits from its operations relative to its total assets.
Similarly, the Return on assets (ROA) also exhibits a positive trend, starting at 15.64% on March 31, 2020, peaking at 28.46% on December 31, 2022, and then slightly decreasing to 21.60% on December 31, 2024. This ratio reflects the company's overall efficiency in generating profit from its assets.
The Return on total capital shows a consistent increase, indicating the company's ability to generate returns for both equity and debt holders. The ratio has steadily risen from 26.90% on March 31, 2020, reaching a peak of 49.14% on December 31, 2022, and then decreasing to 35.90% on December 31, 2024.
Lastly, the Return on equity (ROE) has also shown improvement during the period, starting at 20.40% on March 31, 2020, reaching a high of 37.70% on December 31, 2022, and then declining to 27.94% on December 31, 2024. This ratio indicates the company's profitability in generating returns for its shareholders.
Overall, these profitability ratios demonstrate Old Dominion Freight Line Inc's effective utilization of assets and capital to generate profits and create value for its shareholders over the analyzed period.
See also:
Old Dominion Freight Line Inc Profitability Ratios (Quarterly Data)