Gross Profit Trends Compared: Thomson Reuters Corporation vs Old Dominion Freight Line, Inc.

Comparing Profit Trends: Information Services vs. Freight Industry

__timestampOld Dominion Freight Line, Inc.Thomson Reuters Corporation
Wednesday, January 1, 20146874880003398000000
Thursday, January 1, 20157574990003399000000
Friday, January 1, 20167446270002934000000
Sunday, January 1, 20178753800003254000000
Monday, January 1, 201811442430001370000000
Tuesday, January 1, 201911702160003475000000
Wednesday, January 1, 202012285980003715000000
Friday, January 1, 202117750600003870000000
Saturday, January 1, 202222561260004219000000
Sunday, January 1, 202320721990002699000000
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Gross Profit Trends: A Tale of Two Industries

In the ever-evolving landscape of global commerce, the financial trajectories of companies can reveal much about industry dynamics. This analysis juxtaposes the gross profit trends of Thomson Reuters Corporation, a titan in the information services sector, against Old Dominion Freight Line, Inc., a leader in the transportation industry, from 2014 to 2023.

Thomson Reuters consistently maintained a higher gross profit, peaking in 2022 with a 24% increase from 2014. However, 2023 saw a notable decline of 36%, reflecting potential market shifts or strategic changes. In contrast, Old Dominion Freight Line exhibited a robust growth trajectory, with a staggering 202% increase in gross profit over the same period, underscoring the resilience and expansion of the freight industry.

These trends highlight the contrasting fortunes of two distinct sectors, offering insights into their respective market conditions and strategic adaptations.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025