Old Dominion Freight Line (ODFL) Operating Margin (2009 - 2026)
Old Dominion Freight Line posted quarterly Operating Margin of 23.78% for Q1 2026, down 81.0% year-on-year from 125.14% in Q1 2025, and up 2.16% on a QoQ basis from 23.27% in Q4 2025.
Old Dominion Freight Line (ODFL) has 18 years of Operating Margin data on file, last reported at 23.78% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 81.0% year-over-year to 23.78%; the trailing twelve-month figure through Mar 2026 stood at 24.57% (down 154.0% YoY), and the FY2025 full-year result was 24.76%, down 179.0% from the prior year.
- Operating Margin for Q1 2026 stood at 23.78%, up from 23.27% in the prior quarter.
- Across five years, Operating Margin topped out at 30.93% in Q3 2022 and bottomed at 58.42% in Q4 2023.
- The 5-year median for Operating Margin is 26.56% (2023), against an average of 21.84%.
- The widest annual swing landed in 2023, when Operating Margin plunged 8726 bps; it then jumped 8252 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 28.84% in 2022, then sank by 303 bps to 58.42% in 2023, then surged by 141 bps to 24.1% in 2024, then dropped by 3 bps to 23.27% in 2025, then climbed by 2 bps to 23.78% in 2026.
- The last three Operating Margin figures came in at 23.78% (Q1 2026), 23.27% (Q4 2025), and 25.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 23.78% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 8.30% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 8.29% |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 1.54% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 2.39% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -1.96% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.34% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.49% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -6.29% |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.78% |
| Dec 31, 2025 | 23.27% |
| Sep 30, 2025 | 25.66% |
| Jun 30, 2025 | 25.42% |
| Mar 31, 2025 | 24.59% |
| Dec 31, 2024 | 24.10% |
| Sep 30, 2024 | 27.33% |
| Jun 30, 2024 | 28.14% |
| Mar 31, 2024 | 26.47% |
| Dec 31, 2023 | -58.42% |
| Sep 30, 2023 | 29.37% |
| Jun 30, 2023 | 27.71% |
| Mar 31, 2023 | 26.56% |
| Dec 31, 2022 | 28.84% |
| Sep 30, 2022 | 30.93% |
| Jun 30, 2022 | 30.51% |
| Mar 31, 2022 | 27.09% |
| Dec 31, 2021 | -51.59% |
| Sep 30, 2021 | 27.39% |
| Jun 30, 2021 | 27.74% |
| Mar 31, 2021 | 23.94% |
| Dec 31, 2020 | -43.16% |
| Sep 30, 2020 | 25.54% |
| Jun 30, 2020 | 22.22% |
| Mar 31, 2020 | 18.55% |
| Sep 30, 2019 | 20.75% |
| Jun 30, 2019 | 22.11% |
| Mar 31, 2019 | 18.01% |
| Dec 31, 2018 | 21.31% |
| Sep 30, 2018 | 21.58% |
| Jun 30, 2018 | 21.33% |
| Mar 31, 2018 | 16.14% |
| Dec 31, 2017 | 16.10% |
| Sep 30, 2017 | 18.77% |
| Jun 30, 2017 | 19.10% |
| Mar 31, 2017 | 14.34% |
| Dec 31, 2016 | 15.21% |
| Sep 30, 2016 | 17.56% |
| Jun 30, 2016 | 17.66% |
| Mar 31, 2016 | 14.07% |
| Dec 31, 2015 | 15.51% |
| Sep 30, 2015 | 17.94% |
| Jun 30, 2015 | 18.49% |
| Mar 31, 2015 | 14.87% |
| Dec 31, 2014 | 15.57% |
| Sep 30, 2014 | 16.98% |
| Jun 30, 2014 | 17.45% |
| Mar 31, 2014 | 12.91% |
| Dec 31, 2013 | 12.97% |
| Sep 30, 2013 | 15.91% |
| Jun 30, 2013 | 16.53% |
| Mar 31, 2013 | 12.25% |
| Dec 31, 2012 | 12.65% |
| Sep 30, 2012 | 14.70% |
| Jun 30, 2012 | 15.09% |
| Mar 31, 2012 | 10.78% |
| Dec 31, 2011 | 13.05% |
| Sep 30, 2011 | 13.79% |
| Jun 30, 2011 | 13.46% |
| Mar 31, 2011 | 8.97% |
| Dec 31, 2010 | 9.52% |
| Sep 30, 2010 | 10.96% |
| Jun 30, 2010 | 10.87% |
| Mar 31, 2010 | 5.15% |
| Dec 31, 2009 | 6.09% |
| Sep 30, 2009 | 6.18% |
| Jun 30, 2009 | 6.79% |