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Old Dominion Freight Line (MEX:ODFL) Gross-Profit-to-Asset % : 35.15% (As of Dec. 2024)


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What is Old Dominion Freight Line Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Old Dominion Freight Line's annualized Gross Profit for the quarter that ended in Dec. 2024 was MXN38,901 Mil. Old Dominion Freight Line's average Total Assets over the quarter that ended in Dec. 2024 was MXN110,682 Mil. Therefore, Old Dominion Freight Line's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 35.15%.


Old Dominion Freight Line Gross-Profit-to-Asset % Historical Data

The historical data trend for Old Dominion Freight Line's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Old Dominion Freight Line Gross-Profit-to-Asset % Chart

Old Dominion Freight Line Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.12 39.19 45.52 37.44 40.55

Old Dominion Freight Line Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.71 41.08 39.64 35.15 32.47

Competitive Comparison of Old Dominion Freight Line's Gross-Profit-to-Asset %

For the Trucking subindustry, Old Dominion Freight Line's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old Dominion Freight Line's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Gross-Profit-to-Asset % falls into.


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Old Dominion Freight Line Gross-Profit-to-Asset % Calculation

Old Dominion Freight Line's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=42186.764/( (93568.726+114526.887)/ 2 )
=42186.764/104047.8065
=40.55 %

Old Dominion Freight Line's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=38901.22/( (106836.24+114526.887)/ 2 )
=38901.22/110681.5635
=35.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Old Dominion Freight Line Gross-Profit-to-Asset % Related Terms

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Old Dominion Freight Line Business Description

Traded in Other Exchanges
Address
500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are head and shoulders above its peers. Strategic initiatives revolve around boosting network density through market share gains and maintaining industry-leading service (including ultralow cargo claims) via steadfast infrastructure investment.