Comparing Revenue Performance: Thomson Reuters Corporation or Old Dominion Freight Line, Inc.?

Revenue Trends: Thomson Reuters vs. Old Dominion

__timestampOld Dominion Freight Line, Inc.Thomson Reuters Corporation
Wednesday, January 1, 2014278789700012607000000
Thursday, January 1, 2015297244200012209000000
Friday, January 1, 2016299151700011166000000
Sunday, January 1, 2017335811200011333000000
Monday, January 1, 201840436950005501000000
Tuesday, January 1, 201941091110005906000000
Wednesday, January 1, 202040151290005984000000
Friday, January 1, 202152563280006348000000
Saturday, January 1, 202262600770006627000000
Sunday, January 1, 202358661520006794000000
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In pursuit of knowledge

Revenue Showdown: Thomson Reuters vs. Old Dominion Freight Line

In the ever-evolving landscape of corporate revenue, two giants stand out: Thomson Reuters Corporation and Old Dominion Freight Line, Inc. Over the past decade, these companies have showcased distinct revenue trajectories, reflecting their unique market positions.

A Decade of Growth and Change

From 2014 to 2023, Thomson Reuters experienced a revenue decline of approximately 46%, dropping from its peak in 2014. This shift is largely attributed to strategic divestitures and a focus on core business areas. In contrast, Old Dominion Freight Line has seen a robust growth of about 110% over the same period, driven by the booming logistics and freight industry.

Key Insights

By 2023, Old Dominion's revenue reached nearly 94% of Thomson Reuters', a significant leap from just 22% in 2014. This trend highlights the dynamic nature of industry growth and strategic business decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025