Who Generates Higher Gross Profit? Union Pacific Corporation or Old Dominion Freight Line, Inc.

Union Pacific vs. Old Dominion: A Decade of Gross Profit Trends

__timestampOld Dominion Freight Line, Inc.Union Pacific Corporation
Wednesday, January 1, 20146874880009677000000
Thursday, January 1, 20157574990008976000000
Friday, January 1, 20167446270008269000000
Sunday, January 1, 20178753800009009000000
Monday, January 1, 201811442430009539000000
Tuesday, January 1, 201911702160009614000000
Wednesday, January 1, 202012285980009179000000
Friday, January 1, 2021177506000010514000000
Saturday, January 1, 2022225612600011205000000
Sunday, January 1, 2023207219900010529000000
Monday, January 1, 202411039000000
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A Tale of Two Giants: Union Pacific vs. Old Dominion Freight Line

In the world of freight transportation, Union Pacific Corporation and Old Dominion Freight Line, Inc. stand as titans. Over the past decade, Union Pacific has consistently outperformed Old Dominion in terms of gross profit, boasting figures that are approximately 8 to 10 times higher. For instance, in 2022, Union Pacific's gross profit reached an impressive $11.2 billion, while Old Dominion's was $2.3 billion. This trend highlights Union Pacific's dominant position in the industry.

However, Old Dominion has shown remarkable growth, with its gross profit increasing by over 200% from 2014 to 2022. This growth trajectory suggests a promising future for the company. Despite missing data for 2024, Union Pacific's continued upward trend suggests it remains a formidable force. As these companies navigate the evolving landscape of freight transportation, their financial performances offer valuable insights into their strategic directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025