Old Dominion Freight Line (ODFL) Operating Margin (2009 - 2026)
Old Dominion Freight Line (ODFL) reported Operating Margin of 29.94% for Q2 2026, up 4.52 percentage points from 25.42% a year earlier and up 6.17 percentage points from the prior quarter.
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Analysis
Old Dominion Freight Line (ODFL) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Old Dominion Freight Line's Operating Margin came in at 25.84%, up 0.45 percentage points year-over-year; for FY2025, it came in at 24.76%, down 1.79 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, though with a five-year change of +2.18 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 26.55% in FY2024 (-1.42 pp), 27.97% in FY2023 (-1.43 pp), 29.40% in FY2022 (+2.93 pp) and 26.47% in FY2021 (+3.89 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q3 2022.
- Year over year, Operating Margin gained in 1 of the last eight quarters, with an average year-over-year change of -1.18 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2026 (a gain of 4.52 percentage points); the low point was Q4 2024 (a drop of 4.05 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 23.78% (Q1 2026), 23.27% (Q4 2025) and 25.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 40.25% |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 32.44% |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 13.12% |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | 32.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.94% |
| 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 | 28.15% |
| 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 | 26.41% |
| Sep 30, 2021 | 27.39% |
API Access
Old Dominion Freight Line Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ODFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ODFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ODFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();