ODFL vs UPS
OLD Dominion Freight Line, Inc. and United Parcel Service Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ODFL | UPS |
|---|---|---|
| Revenue | $5.5B | $88.7B |
| Net income | $1.0B | $5.6B |
| Gross margin | · | · |
| Net margin | 18.6% | 6.3% |
| Return on equity | 23.9% | 33.8% |
| Diluted EPS | $4.84 | $6.56 |
| Dividend / share | $1.12 | $6.56 |
| Payout ratio | 23.0% | 96.9% |
| Free cash flow | $955.1M | $4.8B |
| Equity | $4.3B | $16.2B |
| Net debt / equity | −0.02× | 1.13× |
| Current ratio | 1.44× | 1.22× |
| Revenue CAGR 5y | 6.5% | 0.9% |
| Profit CAGR 5y | 8.8% | 32.9% |
UPS bills 16.1× the revenue of ODFL, and ODFL keeps more of each dollar of revenue as profit (18.6% against 6.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ODFL | UPS |
|---|---|---|
| FY2025 | $5.5B | $88.7B |
| FY2024 | $5.8B | $91.1B |
| FY2023 | $5.9B | $91.0B |
| FY2022 | $6.3B | $100.3B |
| FY2021 | $5.3B | $97.3B |
| FY2020 | $4.0B | $84.6B |
| FY2019 | $4.1B | $74.1B |
| FY2018 | $4.0B | $71.9B |
| FY2017 | $3.4B | $66.6B |
| FY2016 | $3.0B | $61.6B |
Bottom line
| Fiscal year | ODFL | UPS |
|---|---|---|
| FY2025 | $1.0B | $5.6B |
| FY2024 | $1.2B | $5.8B |
| FY2023 | $1.2B | $6.7B |
| FY2022 | $1.4B | $11.5B |
| FY2021 | $1.0B | $12.9B |
| FY2020 | $672.7M | $1.3B |
| FY2019 | $615.5M | $4.4B |
| FY2018 | $605.7M | $4.8B |
| FY2017 | $463.8M | $4.9B |
| FY2016 | $295.8M | $3.4B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$83,164,611,000 | UPS |
| FY2024 | −$85,255,190,000 | UPS |
| FY2023 | −$85,091,848,000 | UPS |
| FY2022 | −$94,077,923,000 | UPS |
| FY2021 | −$92,030,672,000 | UPS |
| FY2020 | −$80,612,871,000 | UPS |
| FY2019 | −$69,984,889,000 | UPS |
| FY2018 | −$67,817,305,000 | UPS |
| FY2017 | −$63,226,888,000 | UPS |
| FY2016 | −$58,618,483,000 | UPS |
| FY2015 | −$55,390,558,000 | UPS |
| FY2014 | −$55,444,103,000 | UPS |
| FY2013 | −$53,100,352,000 | UPS |
| FY2012 | −$51,992,421,000 | UPS |
| FY2011 | −$51,201,200,000 | UPS |
| FY2010 | −$48,064,002,000 | UPS |
| FY2009 | −$44,051,995,000 | UPS |
| FY2008 | −$49,948,276,000 | UPS |
UPS has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +12.3 pp | ODFL |
| FY2024 | +14.0 pp | ODFL |
| FY2023 | +13.8 pp | ODFL |
| FY2022 | +10.5 pp | ODFL |
| FY2021 | +6.4 pp | ODFL |
| FY2020 | +15.2 pp | ODFL |
| FY2019 | +9.0 pp | ODFL |
| FY2018 | +8.3 pp | ODFL |
| FY2017 | +6.4 pp | ODFL |
| FY2016 | +4.3 pp | ODFL |
| FY2015 | +2.0 pp | ODFL |
| FY2014 | +4.4 pp | ODFL |
| FY2013 | +0.9 pp | ODFL |
| FY2012 | +6.4 pp | ODFL |
| FY2011 | +0.2 pp | ODFL |
| FY2010 | −1.6 pp | UPS |
| FY2009 | −1.5 pp | UPS |
| FY2008 | −1.4 pp | UPS |
The higher net margin has changed hands between ODFL and UPS over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ODFL's net margin has been more volatile than UPS's over the 18 comparable fiscal years — 6.0 percentage points of standard deviation against 2.7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ODFL and UPS over these 18 fiscal years — ODFL led in 15 and UPS in 3.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UPS's return on equity has been more volatile than ODFL's over the 18 comparable fiscal years — 157.1 percentage points of standard deviation against 7.3.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ODFL and UPS over these 18 fiscal years — ODFL led in 1 and UPS in 17.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.