Old Dominion Freight Line (BSP:O1DF34) Tax Rate % : 21.49% (As of Dec. 2024)

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What is Old Dominion Freight Line Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Old Dominion Freight Line's Tax Expense for the three months ended in Dec. 2024 was R$439 Mil. Old Dominion Freight Line's Pre-Tax Income for the three months ended in Dec. 2024 was R$2,045 Mil. Therefore, Old Dominion Freight Line's Tax Rate % for the quarter that ended in Dec. 2024 was 21.49%.

Old Dominion Freight Line Tax Rate % Historical Data

The historical data trend for Old Dominion Freight Line's Tax Rate % 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 Tax Rate % Chart

Old Dominion Freight Line Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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25.37

25.50

25.21

24.78

23.85

Old Dominion Freight Line Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															24.10	25.60	24.48	23.45	21.49

Old Dominion Freight Line Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Old Dominion Freight Line's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	2266.668	/	9502.899
	=	23.85 %

Old Dominion Freight Line's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	439.461	/	2044.903
	=	21.49 %

Old Dominion Freight Line Tax Rate % Related Terms

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Old Dominion Freight Line Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Old Dominion Freight Line Inc (BSP:O1DF34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ODFL:USA ODFL:Mexico 0A7P:UK ODF:Germany ODF:Germany

Address

500 Old Dominion Way, Thomasville, NC, USA, 27360

Website

https://www.odfl.com

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.

Old Dominion Freight Line Headlines

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