Key Insights on Gross Profit: Lockheed Martin Corporation vs Old Dominion Freight Line, Inc.

Comparing Profit Trends: Lockheed Martin vs. Old Dominion Freight

__timestampLockheed Martin CorporationOld Dominion Freight Line, Inc.
Wednesday, January 1, 20145374000000687488000
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Friday, January 1, 20165142000000744627000
Sunday, January 1, 20175548000000875380000
Monday, January 1, 201873700000001144243000
Tuesday, January 1, 201983670000001170216000
Wednesday, January 1, 202086540000001228598000
Friday, January 1, 202190610000001775060000
Saturday, January 1, 202282870000002256126000
Sunday, January 1, 202384790000002072199000
Monday, January 1, 20246930000000
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Data in motion

A Tale of Two Giants: Lockheed Martin vs. Old Dominion Freight Line

In the ever-evolving landscape of American industry, Lockheed Martin Corporation and Old Dominion Freight Line, Inc. stand as titans in their respective fields. Over the past decade, Lockheed Martin has consistently demonstrated robust growth in gross profit, peaking in 2021 with a remarkable 27% increase from 2014. However, 2024 shows a dip, highlighting potential challenges or strategic shifts.

Meanwhile, Old Dominion Freight Line has shown an impressive upward trajectory, with gross profit more than tripling from 2014 to 2022. This growth underscores the booming logistics sector and Old Dominion's strategic prowess. Notably, 2023 marks a slight decline, possibly indicating market saturation or economic headwinds.

This comparative analysis not only highlights the resilience and adaptability of these corporations but also offers a glimpse into the broader economic trends shaping the U.S. market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025