Old Dominion Freight Line (ODFL) Gross Margin (2009 - 2026)
Old Dominion Freight Line's (ODFL) quarterly Gross Margin came in at 97.83% in Q2 2026, down 15.0% on a YoY basis from 115.09% in Q2 2025, and little changed quarter-over-quarter from 97.92% in Q1 2026.
Analysis
Old Dominion Freight Line (ODFL) Gross Margin (2009 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has reported Gross Margin for 18 consecutive years, with 97.83% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 15.0% year-over-year to 97.83%; the trailing twelve-month figure through Jun 2026 stood at 97.94% (changed 0.0% YoY), and the FY2025 full-year result was 98.0%, up 11.0% from the prior year.
- Gross Margin steadied at 97.83% in Q2 2026 per ODFL's latest filing, from 97.92% in the prior quarter.
- Across five years, Gross Margin topped out at 98.09% in Q4 2022 and bottomed at 96.49% in Q1 2022.
- Historically, Gross Margin has averaged 97.83% across 5 years, with a median of 97.9% in 2024.
- The widest YoY moves for Gross Margin: up 200 bps in 2022, down 42 bps in 2022.
- Over 5 years, Gross Margin stood at 98.09% in 2022, then retreated by 0 bps to 97.9% in 2023, then advanced by 0 bps to 97.9% in 2024, then climbed by 0 bps to 98.05% in 2025, then dropped by 0 bps to 97.83% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 97.83%, 97.92%, and 98.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.71 Bn | 37.42 Bn | 1.52 Bn | 97.83% |
| 2 | Hunt J B Transport Services | 25.19 Bn | 25.19 Bn | - | - |
| 3 | Xpo | 21.57 Bn | 21.27 Bn | 1.89 Bn | 80.30% |
| 4 | FedEx Freight Holding Company | 18.58 Bn | 18.58 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.20 Bn | 11.02 Bn | 1.77 Bn | 84.63% |
| 6 | TFI International | 10.95 Bn | 10.74 Bn | - | - |
| 7 | Saia | 9.28 Bn | 9.19 Bn | - | - |
| 8 | Schneider National | 5.92 Bn | 5.39 Bn | 1.00 Bn | 63.86% |
| 9 | Arcbest | 3.05 Bn | 2.88 Bn | 1.14 Bn | 95.93% |
| 10 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.83% |
| Mar 31, 2026 | 97.92% |
| Dec 31, 2025 | 98.05% |
| Sep 30, 2025 | 97.99% |
| Jun 30, 2025 | 97.97% |
| Mar 31, 2025 | 97.99% |
| Dec 31, 2024 | 97.90% |
| Sep 30, 2024 | 97.90% |
| Jun 30, 2024 | 97.86% |
| Mar 31, 2024 | 97.90% |
| Dec 31, 2023 | 97.90% |
| Sep 30, 2023 | 97.97% |
| Jun 30, 2023 | 97.98% |
| Mar 31, 2023 | 97.88% |
| Dec 31, 2022 | 98.09% |
| Sep 30, 2022 | 97.85% |
| Jun 30, 2022 | 97.44% |
| Mar 31, 2022 | 96.49% |
| Dec 31, 2021 | 96.09% |
| Sep 30, 2021 | 96.28% |