Old Dominion Freight Line Gross Margin 2010-2024 | ODFL
- Old Dominion Freight Line average gross margin for 2023 was 97.92%, a 1.07% decline from 2022.
- Old Dominion Freight Line average gross margin for 2022 was 96.88%, a 0% increase from 2021.
- Old Dominion Freight Line average gross margin for 2021 was 96.88%, a 0.94% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.