Old Dominion Freight Line (ODFL) Gross Margin (2009 - 2026)
Old Dominion Freight Line (ODFL) posted Gross Margin of 99.64% for Q1 2026, up 6.18% quarter-over-quarter from 93.84% in Q4 2025, and up 165.0% year-on-year from 37.6% in Q1 2025.
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 99.64% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 99.64%, up 165.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 97.71% (down 150.0% YoY), and the FY2025 annual result was 98.0%, down 158.0% from the prior year.
- Gross Margin was 99.64% for Q1 2026 at Old Dominion Freight Line, up from 93.84% in the prior quarter.
- Over five years, Gross Margin peaked at 99.81% in Q3 2022 and troughed at 92.76% in Q4 2023.
- Average Gross Margin over 5 years is 98.39%, with a median of 99.49% recorded in 2024.
- Year-over-year, Gross Margin jumped 677 bps in 2024 and plunged 569 bps in 2025.
- Over 5 years, Gross Margin stood at 98.09% in 2022, then fell by 5 bps to 92.76% in 2023, then grew by 7 bps to 99.53% in 2024, then decreased by 6 bps to 93.84% in 2025, then grew by 6 bps to 99.64% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 99.64% in Q1 2026, 93.84% in Q4 2025, and 97.99% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 96.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.64% |
| Dec 31, 2025 | 93.84% |
| Sep 30, 2025 | 97.99% |
| Jun 30, 2025 | 99.20% |
| Mar 31, 2025 | 97.99% |
| Dec 31, 2024 | 99.53% |
| Sep 30, 2024 | 99.78% |
| Jun 30, 2024 | 99.49% |
| Mar 31, 2024 | 99.52% |
| Dec 31, 2023 | 92.76% |
| Sep 30, 2023 | 99.61% |
| Jun 30, 2023 | 97.98% |
| Mar 31, 2023 | 97.88% |
| Dec 31, 2022 | 98.09% |
| Sep 30, 2022 | 99.81% |
| Jun 30, 2022 | 99.74% |
| Mar 31, 2022 | 99.75% |
| Dec 31, 2021 | 99.39% |
| Sep 30, 2021 | 96.28% |
| Jun 30, 2021 | 96.67% |