Howmet Aerospace Inc. vs Old Dominion Freight Line, Inc.: Examining Key Revenue Metrics

Comparing Revenue Trends of Aerospace and Freight Giants

__timestampHowmet Aerospace Inc.Old Dominion Freight Line, Inc.
Wednesday, January 1, 2014125420000002787897000
Thursday, January 1, 2015124130000002972442000
Friday, January 1, 2016123940000002991517000
Sunday, January 1, 2017129600000003358112000
Monday, January 1, 2018140140000004043695000
Tuesday, January 1, 2019141920000004109111000
Wednesday, January 1, 202052590000004015129000
Friday, January 1, 202149720000005256328000
Saturday, January 1, 202256630000006260077000
Sunday, January 1, 202366400000005866152000
Monday, January 1, 20247430000000
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Infusing magic into the data realm

A Tale of Two Giants: Howmet Aerospace Inc. vs Old Dominion Freight Line, Inc.

In the ever-evolving landscape of American industry, Howmet Aerospace Inc. and Old Dominion Freight Line, Inc. stand as titans in their respective fields. Over the past decade, these companies have showcased remarkable resilience and adaptability. From 2014 to 2023, Howmet Aerospace's revenue trajectory reveals a significant dip in 2020, plummeting by over 60% from its 2019 peak, likely due to the global pandemic's impact on aerospace demand. However, a robust recovery is evident, with revenues climbing back by 34% in 2023.

Conversely, Old Dominion Freight Line, a leader in freight logistics, has demonstrated consistent growth, with revenues more than doubling from 2014 to 2022. This growth underscores the increasing demand for freight services in a globalized economy. As we look to the future, these trends highlight the dynamic nature of industry and the importance of strategic adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025