Who Generates Higher Gross Profit? W.W. Grainger, Inc. or Old Dominion Freight Line, Inc.

Comparing Gross Profit Growth: Grainger vs. Old Dominion

__timestampOld Dominion Freight Line, Inc.W.W. Grainger, Inc.
Wednesday, January 1, 20146874880004314242000
Thursday, January 1, 20157574990004231428000
Friday, January 1, 20167446270004114557000
Sunday, January 1, 20178753800004097557000
Monday, January 1, 201811442430004348000000
Tuesday, January 1, 201911702160004397000000
Wednesday, January 1, 202012285980004238000000
Friday, January 1, 202117750600004720000000
Saturday, January 1, 202222561260005849000000
Sunday, January 1, 202320721990006496000000
Monday, January 1, 20246758000000
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Unlocking the unknown

A Tale of Two Titans: W.W. Grainger, Inc. vs. Old Dominion Freight Line, Inc.

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025