Old Dominion Freight Line, Inc. vs Snap-on Incorporated: A Gross Profit Performance Breakdown

Comparing Gross Profit Growth: Old Dominion vs. Snap-on

__timestampOld Dominion Freight Line, Inc.Snap-on Incorporated
Wednesday, January 1, 20146874880001584300000
Thursday, January 1, 20157574990001648300000
Friday, January 1, 20167446270001709600000
Sunday, January 1, 20178753800001824900000
Monday, January 1, 201811442430001870000000
Tuesday, January 1, 201911702160001844000000
Wednesday, January 1, 202012285980001748500000
Friday, January 1, 202117750600002110800000
Saturday, January 1, 202222561260002181100000
Sunday, January 1, 202320721990002619800000
Monday, January 1, 20242377900000
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Unveiling the hidden dimensions of data

A Tale of Two Titans: Old Dominion Freight Line vs. Snap-on Incorporated

In the competitive landscape of American industry, Old Dominion Freight Line and Snap-on Incorporated have emerged as formidable players. Over the past decade, from 2014 to 2023, these companies have showcased remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Old Dominion Freight Line, a leader in the freight and logistics sector, has seen its gross profit soar by approximately 202% from 2014 to 2022, peaking in 2022. Meanwhile, Snap-on Incorporated, a giant in the tools and equipment industry, experienced a steady increase of around 65% over the same period, culminating in a record high in 2023.

This performance breakdown highlights the resilience and innovation driving these companies forward, with Old Dominion's growth outpacing Snap-on's until 2023, when Snap-on took the lead. As the market evolves, these insights offer a glimpse into the dynamic forces shaping the future of American business.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025