Comparative EBITDA Analysis: Cummins Inc. vs Old Dominion Freight Line, Inc.

EBITDA Growth: Cummins vs Old Dominion, 2014-2023

__timestampCummins Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 20142498000000585590000
Thursday, January 1, 20152604000000660570000
Friday, January 1, 20162534000000671786000
Sunday, January 1, 20173035000000783749000
Monday, January 1, 201834860000001046059000
Tuesday, January 1, 201936230000001078007000
Wednesday, January 1, 202031250000001168149000
Friday, January 1, 202128620000001651501000
Saturday, January 1, 202238020000002118962000
Sunday, January 1, 202330250000001972689000
Monday, January 1, 20246338000000
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A Decade of EBITDA Growth: Cummins Inc. vs Old Dominion Freight Line, Inc.

In the ever-evolving landscape of industrial and freight sectors, Cummins Inc. and Old Dominion Freight Line, Inc. have showcased remarkable financial resilience over the past decade. From 2014 to 2023, Cummins Inc. consistently outperformed Old Dominion in terms of EBITDA, with an average annual EBITDA of approximately $3.06 billion, nearly three times that of Old Dominion's $1.17 billion.

However, the growth trajectory tells a compelling story. Old Dominion's EBITDA surged by an impressive 237% from 2014 to 2022, reflecting its strategic expansion and operational efficiency. In contrast, Cummins Inc. experienced a more modest growth of 21% over the same period.

The year 2022 marked a peak for both companies, with Cummins reaching its highest EBITDA of $3.8 billion, while Old Dominion hit $2.1 billion. As we look to the future, these trends highlight the dynamic nature of these industries and the potential for continued growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025