__timestamp | Old Dominion Freight Line, Inc. | W.W. Grainger, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 687488000 | 4314242000 |
Thursday, January 1, 2015 | 757499000 | 4231428000 |
Friday, January 1, 2016 | 744627000 | 4114557000 |
Sunday, January 1, 2017 | 875380000 | 4097557000 |
Monday, January 1, 2018 | 1144243000 | 4348000000 |
Tuesday, January 1, 2019 | 1170216000 | 4397000000 |
Wednesday, January 1, 2020 | 1228598000 | 4238000000 |
Friday, January 1, 2021 | 1775060000 | 4720000000 |
Saturday, January 1, 2022 | 2256126000 | 5849000000 |
Sunday, January 1, 2023 | 2072199000 | 6496000000 |
Monday, January 1, 2024 | 6758000000 |
Unlocking the unknown
In the competitive landscape of American industry, two giants stand out in their respective fields: W.W. Grainger, Inc., a leader in industrial supply, and Old Dominion Freight Line, Inc., a powerhouse in freight transportation. Over the past decade, these companies have demonstrated remarkable growth in gross profit, a key indicator of financial health.
From 2014 to 2023, W.W. Grainger consistently outperformed Old Dominion, with gross profits peaking at approximately $6.5 billion in 2023, a 50% increase from 2014. In contrast, Old Dominion's gross profit grew by over 200%, reaching around $2.1 billion in 2023. This impressive growth highlights Old Dominion's rapid expansion in the freight sector.
While Grainger's steady dominance reflects its established market position, Old Dominion's aggressive growth trajectory signals its rising influence in the logistics industry. As these companies continue to evolve, their financial performances offer valuable insights into the broader economic trends shaping their sectors.
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