Old Dominion Freight Line (ODFL) Gross Margin (2009 - 2026)
Old Dominion Freight Line's (ODFL) quarterly Gross Margin came in at 99.64% in Q1 2026, up 24.0% YoY from 80.35% in Q1 2025, and up 1.62% on a QoQ basis from 98.05% in Q4 2025.
Old Dominion Freight Line (ODFL) Gross Margin (2009 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has 18 years of Gross Margin data on file, last reported at 99.64% in Q1 2026.
- Quarterly Gross Margin rose 24.0% year-over-year to 99.64% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 98.74% (up 139.0% YoY) and the FY2025 annual result came in at 98.0%, up 11.0% from the prior year.
- Gross Margin climbed to 99.64% in Q1 2026, from 98.05% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.82% in Q2 2023 to a low of 90.14% in Q4 2022.
- A 5-year average of 97.84% and a median of 98.05% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1726 bps — and 2023, when it jumped 775 bps.
- Tracing ODFL's Gross Margin over 5 years: stood at 90.14% in 2022, then advanced by 9 bps to 97.9% in 2023, then declined by 6 bps to 92.43% in 2024, then climbed by 6 bps to 98.05% in 2025, then grew by 2 bps to 99.64% in 2026.
- The last three Gross Margin figures came in at 99.64% (Q1 2026), 98.05% (Q4 2025), and 99.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 97.83% |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 80.30% |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 84.63% |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | - |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 63.86% |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 17.02% |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 95.93% |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | - |
| 10 | Marten Transport | 1.20 Bn | 1.09 Bn | 184.72 Mn | 82.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 97.83% |
| Mar 31, 2026 | 99.64% |
| Dec 31, 2025 | 98.05% |
| Sep 30, 2025 | 99.29% |
| Jun 30, 2025 | 97.97% |
| Mar 31, 2025 | 99.40% |
| Dec 31, 2024 | 92.43% |
| Sep 30, 2024 | 97.90% |
| Jun 30, 2024 | 99.49% |
| Mar 31, 2024 | 99.52% |
| Dec 31, 2023 | 97.90% |
| Sep 30, 2023 | 97.97% |
| Jun 30, 2023 | 99.82% |
| Mar 31, 2023 | 99.67% |
| Dec 31, 2022 | 90.14% |
| Sep 30, 2022 | 97.85% |
| Jun 30, 2022 | 99.74% |
| Mar 31, 2022 | 96.49% |
| Dec 31, 2021 | 107.40% |
| Sep 30, 2021 | 96.28% |