Who Generates Higher Gross Profit? Old Dominion Freight Line, Inc. or Global Payments Inc.

Who Leads in Gross Profit: Old Dominion Freight Line vs. Global Payments?

In the ever-evolving landscape of American business, two giants stand out in their respective industries: Old Dominion Freight Line, Inc., a leader in freight transportation, and Global Payments Inc., a titan in payment technology services. Over the past decade, from 2014 to 2023, Global Payments has consistently outperformed Old Dominion in terms of gross profit. In 2023, Global Payments reported a gross profit nearly three times that of Old Dominion, highlighting its robust growth trajectory.

A Decade of Growth

Global Payments has seen its gross profit soar by approximately 238% since 2014, reflecting its strategic expansions and technological advancements. Meanwhile, Old Dominion has also shown commendable growth, with its gross profit increasing by around 201% over the same period. This comparison not only underscores the dynamic nature of these industries but also offers insights into the strategic priorities of these companies.