Comparing Cost of Revenue Efficiency: Cummins Inc. vs Old Dominion Freight Line, Inc.

Cost Efficiency: Cummins vs. Old Dominion

__timestampCummins Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 2014143600000002100409000
Thursday, January 1, 2015141630000002214943000
Friday, January 1, 2016130570000002246890000
Sunday, January 1, 2017153380000002482732000
Monday, January 1, 2018180340000002899452000
Tuesday, January 1, 2019175910000002938895000
Wednesday, January 1, 2020149170000002786531000
Friday, January 1, 2021183260000003481268000
Saturday, January 1, 2022213550000004003951000
Sunday, January 1, 2023258160000003793953000
Monday, January 1, 202425663000000
Loading chart...

Unlocking the unknown

Cost of Revenue Efficiency: A Tale of Two Giants

In the competitive landscape of industrial and freight sectors, understanding cost efficiency is paramount. Cummins Inc., a leader in engine manufacturing, and Old Dominion Freight Line, Inc., a prominent freight carrier, offer a fascinating comparison. From 2014 to 2023, Cummins Inc. consistently reported higher cost of revenue, peaking at approximately $25.8 billion in 2023. In contrast, Old Dominion's cost of revenue reached around $4 billion in 2022, marking a significant growth of nearly 90% from 2014. This disparity highlights Cummins' larger scale of operations, yet Old Dominion's efficiency in managing costs is noteworthy. Over the decade, Cummins' cost of revenue grew by about 80%, while Old Dominion's increased by 90%, reflecting their strategic expansions. This data underscores the importance of cost management in sustaining growth and competitiveness in their respective industries.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025