Old Dominion Freight Line, Inc. and HEICO Corporation: A Detailed Gross Profit Analysis

HEICO and Old Dominion: A Decade of Profit Growth

__timestampHEICO CorporationOld Dominion Freight Line, Inc.
Wednesday, January 1, 2014398312000687488000
Thursday, January 1, 2015434179000757499000
Friday, January 1, 2016515492000744627000
Sunday, January 1, 2017574725000875380000
Monday, January 1, 20186907150001144243000
Tuesday, January 1, 20198138400001170216000
Wednesday, January 1, 20206821270001228598000
Friday, January 1, 20217274230001775060000
Saturday, January 1, 20228627590002256126000
Sunday, January 1, 202311534880002072199000
Monday, January 1, 20241501726000
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Igniting the spark of knowledge

A Tale of Two Titans: HEICO Corporation and Old Dominion Freight Line, Inc.

In the competitive landscape of American industry, HEICO Corporation and Old Dominion Freight Line, Inc. have emerged as formidable players. Over the past decade, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

HEICO Corporation: A Steady Climb

From 2014 to 2023, HEICO Corporation's gross profit surged by approximately 290%, showcasing its robust business model and innovative approach. The company consistently increased its profitability, with a notable leap in 2023, reaching a gross profit of $1.15 billion.

Old Dominion Freight Line, Inc.: A Freight Giant

Old Dominion Freight Line, Inc. also experienced significant growth, with its gross profit more than tripling from 2014 to 2022. However, data for 2024 is missing, leaving room for speculation about its future trajectory.

Both companies exemplify resilience and growth, setting benchmarks in their respective sectors.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025