__timestamp | Cummins Inc. | Old Dominion Freight Line, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 14360000000 | 2100409000 |
Thursday, January 1, 2015 | 14163000000 | 2214943000 |
Friday, January 1, 2016 | 13057000000 | 2246890000 |
Sunday, January 1, 2017 | 15338000000 | 2482732000 |
Monday, January 1, 2018 | 18034000000 | 2899452000 |
Tuesday, January 1, 2019 | 17591000000 | 2938895000 |
Wednesday, January 1, 2020 | 14917000000 | 2786531000 |
Friday, January 1, 2021 | 18326000000 | 3481268000 |
Saturday, January 1, 2022 | 21355000000 | 4003951000 |
Sunday, January 1, 2023 | 25816000000 | 3793953000 |
Monday, January 1, 2024 | 25663000000 |
Unlocking the unknown
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.
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