Based on the latest figures, Old Dominion Freight Line reports a gross margin of 84.8%, an operating margin of 25.8%, an EBITDA margin of 32.8%, and a net margin of 19.4%. EBITDA margin led the available margin improvements with a 0.8 percentage-point increase, while gross margin fell by 0.1 percentage points.
Over the last 3 years, Old Dominion Freight Line recorded average margins of 84.31% gross, 26.48% operating, 32.95% EBITDA, and 20.1% net. The latest figures show gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.
The largest positive change was in EBITDA margin, up 0.8 percentage points. Operating margin also expanded by 0.4 percentage points, while gross margin contracted by 0.1 percentage points.
Looking back over the last 3 years, Old Dominion Freight Line recorded an average gross margin of 84.31%. The latest gross margin for Old Dominion Freight Line is 84.8%, 0.5 percentage points above its three-year average. The highest gross margin for Old Dominion Freight Line was 85.1% in Mar 2026, while the lowest was 82.8% in Sep 2023.
The average operating margin for Old Dominion Freight Line was 26.48% in the last 3 years. The latest operating margin for Old Dominion Freight Line is 25.8%, 0.7 percentage points below its three-year average. The operating margin for Old Dominion Freight Line moved between 24.6% in Mar 2026 and 28.1% in Sep 2023.
Across the last 3 years, Old Dominion Freight Line's EBITDA margin stood at 32.95%. Old Dominion Freight Line's current EBITDA margin is 32.8% and is 0.2 percentage points below its three-year average. EBITDA margin was highest at 34.3% in Jun 2024 and lowest at 31.6% in Mar 2026.
Old Dominion Freight Line recorded an average net margin of 20.1% across the last 3 years. Old Dominion Freight Line currently reports a net margin of 19.4%, 0.7 percentage points below its three-year average. Over the last 3 years, Old Dominion Freight Line's net margin peaked at 21.4% in Jun 2024 and reached a low of 18.5% in Mar 2026.
With a gross margin of 84.8%, ODFL is above the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 32.7%, Old Dominion Freight Line's gross margin is 159% higher.
As of Jun 30, 2026, ODFL has a gross margin of 84.8%.
As of Jun 30, 2026, ODFL has an operating margin of 25.8%.
As of Jun 30, 2026, ODFL has an EBITDA margin of 32.8%.
The current net margin for ODFL is 19.4% as of Jun 30, 2026.
Old Dominion Freight Line's gross, operating, EBITDA, and net margins averaged 84.3% gross, 26.5% operating, 33.0% EBITDA, and 20.1% net over the last 3 years.
Over the last 5 years, Old Dominion Freight Line's highest margins were 85.1% gross in Mar 2026, 29.4% operating in Dec 2022, 34.3% EBITDA in Jun 2024, and 22% net in Mar 2023.
Over this 5-year history, Old Dominion Freight Line's margins fell as low as 81.6% gross in Dec 2022, 24.6% operating in Mar 2026, 31.4% EBITDA in Sep 2021, and 18.5% net in Mar 2026.