Old Dominion Freight Line (ODFL) Tax Rate (2009 - 2026)
Old Dominion Freight Line's (ODFL) quarterly Tax Rate came in at 25.0% in Q2 2026, up 20.0% on a YoY basis from 20.83% in Q2 2025, and little changed quarter-over-quarter from 25.0% in Q1 2026.
Analysis
Old Dominion Freight Line (ODFL) Tax Rate (2009 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has reported Tax Rate for 18 consecutive years, with 25.0% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 20.0% year-over-year to 25.0%; the trailing twelve-month figure through Jun 2026 stood at 25.68% (up 204.0% YoY), and the FY2025 full-year result was 25.63%, up 177.0% from the prior year.
- Tax Rate steadied at 25.0% in Q2 2026 per ODFL's latest filing, from 25.0% in the prior quarter.
- Across five years, Tax Rate topped out at 28.49% in Q4 2025 and bottomed at 21.49% in Q4 2024.
- Historically, Tax Rate has averaged 24.9% across 5 years, with a median of 24.9% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 261 bps in 2024, then surged 700 bps in 2025.
- Over 5 years, Tax Rate stood at 25.02% in 2022, then slipped by 4 bps to 24.1% in 2023, then declined by 11 bps to 21.49% in 2024, then surged by 33 bps to 28.49% in 2025, then fell by 12 bps to 25.0% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.0%, 25.0%, and 28.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.67 Bn | 37.39 Bn | 1.52 Bn | 25.00% |
| 2 | Hunt J B Transport Services | 25.17 Bn | 25.17 Bn | - | 25.40% |
| 3 | Xpo | 21.43 Bn | 21.14 Bn | 1.89 Bn | 25.69% |
| 4 | FedEx Freight Holding Company | 18.67 Bn | 18.67 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.27 Bn | 11.08 Bn | 1.77 Bn | 34.13% |
| 6 | TFI International | 10.95 Bn | 10.75 Bn | - | 24.43% |
| 7 | Saia | 9.37 Bn | 9.28 Bn | - | 24.88% |
| 8 | Schneider National | 5.99 Bn | 5.46 Bn | 1.00 Bn | 24.24% |
| 9 | Arcbest | 3.04 Bn | 2.87 Bn | 1.14 Bn | 34.03% |
| 10 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - | 27.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00% |
| Mar 31, 2026 | 25.00% |
| Dec 31, 2025 | 28.49% |
| Sep 30, 2025 | 24.80% |
| Jun 30, 2025 | 24.80% |
| Mar 31, 2025 | 24.80% |
| Dec 31, 2024 | 21.49% |
| Sep 30, 2024 | 23.45% |
| Jun 30, 2024 | 24.48% |
| Mar 31, 2024 | 25.60% |
| Dec 31, 2023 | 24.10% |
| Sep 30, 2023 | 23.99% |
| Jun 30, 2023 | 25.40% |
| Mar 31, 2023 | 25.80% |
| Dec 31, 2022 | 25.02% |
| Sep 30, 2022 | 23.92% |
| Jun 30, 2022 | 26.00% |
| Mar 31, 2022 | 26.00% |
| Dec 31, 2021 | 25.01% |
| Sep 30, 2021 | 25.15% |