Who Generates Higher Gross Profit? Automatic Data Processing, Inc. or Old Dominion Freight Line, Inc.

ADP vs. ODFL: A Decade of Gross Profit Growth

__timestampAutomatic Data Processing, Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 20144611400000687488000
Thursday, January 1, 20154133200000757499000
Friday, January 1, 20164450200000744627000
Sunday, January 1, 20174712600000875380000
Monday, January 1, 201850167000001144243000
Tuesday, January 1, 201955267000001170216000
Wednesday, January 1, 202061447000001228598000
Friday, January 1, 202163651000001775060000
Saturday, January 1, 202270364000002256126000
Sunday, January 1, 202380588000002072199000
Monday, January 1, 20248725900000
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Cracking the code

A Tale of Two Giants: ADP vs. Old Dominion Freight Line

In the ever-evolving landscape of American business, two titans stand out in their respective fields: Automatic Data Processing, Inc. (ADP) and Old Dominion Freight Line, Inc. (ODFL). Over the past decade, ADP has consistently outperformed ODFL in terms of gross profit, showcasing its dominance in the payroll and human resources sector. From 2014 to 2023, ADP's gross profit surged by approximately 89%, peaking at $8.7 billion in 2023. In contrast, ODFL, a leader in the freight and logistics industry, saw a commendable growth of around 202% during the same period, reaching $2.3 billion in 2022. However, data for 2024 is missing for ODFL, leaving a gap in the narrative. This comparison not only highlights the financial prowess of these companies but also underscores the diverse opportunities within the U.S. economy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025