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ODFL (Old Dominion Freight Line) Pretax Margin % : 27.42% (As of Sep. 2024)


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What is Old Dominion Freight Line Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Old Dominion Freight Line's Pre-Tax Income for the three months ended in Sep. 2024 was $403 Mil. Old Dominion Freight Line's Revenue for the three months ended in Sep. 2024 was $1,470 Mil. Therefore, Old Dominion Freight Line's pretax margin for the quarter that ended in Sep. 2024 was 27.42%.

The historical rank and industry rank for Old Dominion Freight Line's Pretax Margin % or its related term are showing as below:

ODFL' s Pretax Margin % Range Over the Past 10 Years
Min: 15.51   Med: 20.11   Max: 29.41
Current: 27.81


ODFL's Pretax Margin % is ranked better than
86.4% of 963 companies
in the Transportation industry
Industry Median: 7.16 vs ODFL: 27.81

Old Dominion Freight Line Pretax Margin % Historical Data

The historical data trend for Old Dominion Freight Line's Pretax Margin % 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.

* Premium members only.

Old Dominion Freight Line Pretax Margin % Chart

Old Dominion Freight Line Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.05 22.45 26.41 29.41 28.09

Old Dominion Freight Line Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % 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 29.46 28.44 26.91 28.45 27.42

Competitive Comparison of Old Dominion Freight Line's Pretax Margin %

For the Trucking subindustry, Old Dominion Freight Line's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Pretax Margin % falls into.



Old Dominion Freight Line Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Old Dominion Freight Line's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1647.776/5866.152
=28.09 %

Old Dominion Freight Line's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=403.094/1470.211
=27.42 %

* 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.


Old Dominion Freight Line  (NAS:ODFL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Old Dominion Freight Line Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Old Dominion Freight Line's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Old Dominion Freight Line Business Description

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, 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.
Executives
Leo H Suggs director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
David S Congdon director, 10 percent owner, officer: President and COO C/O OLD DOMINION FREIGHT LINE, INC., 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Greg C Gantt officer: Senior VP - Operations 2116 MIRUS COURT, HIGH POINT NC 27265
Stith Thomas A. Iii director 500 OLD DOMINION WAY, THOMASVILLE NC 27360
John D. Kasarda director 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Steven W. Hartsell officer: SVP - Sales 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Andrew Stephen Davis director 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Christopher James Kelley officer: SVP - Operations 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Bradley R Gabosch director 500 OLD DOMINION WAY, THOMASVILLE NC 27360
David J. Bates officer: SVP - Operations C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
D. Michael Wray director 7205 PINETREE ROAD, RICHMOND VA 23229
Gregory B Plemmons officer: SVP - Sales 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Wendy T. Stallings director 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Earl E Congdon director, officer: Chairman of the Board and CEO C/O OLD DOMINION FREIGHT LINE, INC., 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Sherry A Aaholm director 500 JACKSON STREET, COLUMBUS IN 47201