Old Dominion vs Samsung: Revenue, Profit and Business Model
Old Dominion reported $5.5B of revenue in FY2025 and $1B of net income. Samsung reported ~$236.9B of revenue in FY2025 and ~$31.4B of net income.
Latest financial snapshot
Old Dominion
- Latest revenue
- $5.5B (FY2025)
- Net income
- $1B
- Net margin
- 18.6%
- Revenue growth
- +7.0% a year, FY2016–FY2025
Samsung
- Latest revenue
- ~$236.9B (FY2025)
- Net income
- ~$31.4B
- Net margin
- 13.3%
- Revenue growth
- +4.5% a year, FY2021–FY2025
Financial summary
Old Dominion
Old Dominion's revenue peaked at $6.26 billion in 2022 during the post-pandemic freight boom, then declined to $5.87 billion in 2023, $5.81 billion in 2024 and $5.50 billion in 2025 as industrial shipments softened. Net income followed, falling from $1.38 billion in 2022 to $1.02 billion in 2025, yet margins stayed far above most LTL peers. In 2025 the company spent $415.0 million on capital expenditures, repurchased $730.3 million of stock and paid $235.6 million in dividends. In the first half of 2026 revenue rose 3.8% to $2.89 billion and net income rose 12.5% to $588.9 million; Q2 alone delivered a 70.1% operating ratio versus 74.6% a year earlier. Management lifted its 2026 capital budget to about $380 million, and the balance sheet carried $283.9 million of cash against roughly $20 million of debt at June 30, 2026.
Samsung
Samsung's earnings follow the memory cycle. Revenue fell from ~$215 billion (KRW 302.2 trillion) in 2022 to ~$184 billion (KRW 258.9 trillion) in 2023 during a chip downturn, then recovered to ~$214 billion (KRW 300.9 trillion) in 2024 and ~$237 billion (KRW 333.6 trillion) in 2025, when net income reached about $31.5 billion (KRW 44.3 trillion). In 2026, AI server demand created a memory shortage. Q1 operating profit of ~$40.6 billion (KRW 57.2 trillion) exceeded the full-year 2025 total, and Q2 reached ~$63.5 billion (KRW 89.5 trillion) on ~$122 billion (KRW 171.5 trillion) revenue. Higher memory costs also squeezed Samsung's own devices: the MX and Networks unit lost ~$497 million (KRW 0.7 trillion) in Q2 2026 on ~$23.6 billion (KRW 33.2 trillion) revenue.
Revenue and profit by year
Old Dominion
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $5.5B | $1B | 18.6% | -5.5% | Source |
| FY2024 | $5.8B | $1.2B | 20.4% | -0.9% | Source |
| FY2023 | $5.9B | $1.2B | 21.1% | -6.3% | Source |
| FY2022 | $6.3B | $1.4B | 22.0% | +19.1% | Source |
| FY2021 | $5.3B | $1B | 19.7% | +30.9% | Source |
| FY2020 | $4B | $672.7M | 16.8% | -2.3% | Source |
| FY2019 | $4.1B | $615.5M | 15.0% | +1.6% | Source |
| FY2018 | $4B | $605.7M | 15.0% | +20.4% | Source |
| FY2017 | $3.4B | $463.8M | 13.8% | +12.3% | Source |
| FY2016 | $3B | $295.8M | 9.9% | — | Source |
Samsung
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | ~$236.9B | ~$31.4B | 13.3% | +10.9% | Source |
| FY2024 | ~$213.6B | ~$23.9B | 11.2% | +16.2% | Source |
| FY2023 | ~$183.8B | ~$10.3B | 5.6% | -14.3% | Source |
| FY2022 | ~$214.6B | ~$38.9B | 18.1% | +8.1% | Source |
| FY2021 | ~$198.5B | ~$27.9B | 14.0% | — | Source |
Where the revenue comes from
Old Dominion
- LTL services99%
LTL services revenue was $1.539B of $1.554B total in Q2 2026, including fuel surcharges.
- Other services1%
Truckload brokerage, household moving and related services: $15.1M in Q2 2026.
Samsung
- Memory semiconductors
- Foundry and system LSI
- Galaxy smartphones and mobile devices
- Display panels
- TVs and appliances
- Network equipment
- Harman automotive and audio
Business model and strategy
Old Dominion
How it makes money
Old Dominion runs an asset-heavy LTL network. Drivers pick up partial loads from many shippers, bring them to service centers, consolidate them onto linehaul trailers and deliver them across the country. Revenue is billed per shipment based on weight, distance, freight class, fuel surcharges and accessorial services.
Growth strategy
Old Dominion grows organically. It invests through the freight cycle in service centers, doors and equipment, then wins share when demand returns and competitors run out of capacity. When Yellow Corp. collapsed in 2023, Old Dominion briefly held a $1.5 billion stalking-horse bid for Yellow's terminals but later withdrew from the auction, choosing to rely on its own spare capacity and targeted real estate purchases.
Competitive advantage
Old Dominion's edge comes from service quality and network capacity built ahead of demand. It reports 99% on-time service and a cargo claims ratio near 0.1%, which lets it charge premium rates. The company owns most of its service centers and keeps spare door capacity, so it can take on volume in an upturn without the congestion that hurts service at fuller networks.
Samsung
How it makes money
Samsung earns money from two groups of businesses. Device Solutions (DS) makes and sells memory (DRAM, HBM, NAND), System LSI chips such as Exynos processors and ISOCELL image sensors, and contract foundry manufacturing.
Growth strategy
Samsung's growth plan centers on AI memory: ramping HBM4 for Nvidia and AMD accelerators, developing HBM4E, and adding DRAM capacity at Pyeongtaek. In foundry it is pursuing 2nm gate-all-around production and building its Taylor, Texas fab to win customers from TSMC. On the device side it relies on Galaxy AI features, foldables and premium TVs to defend share against Apple and Chinese brands.
Competitive advantage
Samsung's edge is manufacturing scale and breadth. It is the largest memory producer and one of only three major DRAM makers, alongside SK hynix and Micron. That lets it capture pricing upswings like the 2026 AI-driven shortage.
Questions about Old Dominion vs Samsung
Which company has higher revenue — Old Dominion Freight Line, Inc. or Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. reported $5.5B (FY2025), while Samsung Electronics Co., Ltd. reported ~$236.9B (FY2025). By last reported revenue, Samsung Electronics Co., Ltd. is the larger business, with Old Dominion Freight Line, Inc. reporting a smaller revenue base.
What is the market cap of Old Dominion Freight Line, Inc. vs Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc.'s market capitalisation stands at $36.5B, while Samsung Electronics Co., Ltd.'s is $1.33T. Samsung Electronics Co., Ltd. carries the higher market valuation, reflecting investors' expectations of its future earnings power relative to Old Dominion Freight Line, Inc..
Which is more financially efficient — Old Dominion Freight Line, Inc. or Samsung Electronics Co., Ltd.?
Old Dominion Freight Line, Inc. generates $267k / employee in revenue per employee, while Samsung Electronics Co., Ltd. generates $914k / employee. Samsung Electronics Co., Ltd. shows higher revenue efficiency per headcount, though this reflects business model differences — capital-light software companies routinely outperform labour-intensive manufacturers on this metric.
How do Old Dominion Freight Line, Inc. and Samsung Electronics Co., Ltd. make money?
Old Dominion Freight Line, Inc. and Samsung Electronics Co., Ltd. generate revenue in fundamentally different ways. Old Dominion Freight Line, Inc.: Old Dominion runs an asset-heavy LTL network. Samsung Electronics Co., Ltd.: Samsung earns money from two groups of businesses.
Which company is valued higher relative to revenue — Old Dominion Freight Line, Inc. or Samsung Electronics Co., Ltd.?
On a price-to-sales (P/S) basis, Old Dominion Freight Line, Inc. trades at 6.6x P/S and Samsung Electronics Co., Ltd. at 5.6x P/S. Old Dominion Freight Line, Inc. commands a higher revenue multiple, typically indicating that investors expect faster growth or higher future margins compared to Samsung Electronics Co., Ltd.. A higher multiple is not inherently better — it may also signal that the stock is priced for perfection.
Is Old Dominion Freight Line, Inc. bigger than Samsung Electronics Co., Ltd.?
By last reported revenue, Samsung Electronics Co., Ltd. (~$236.9B (FY2025)) is the larger company compared to Old Dominion Freight Line, Inc. ($5.5B (FY2025)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Old Dominion vs Samsung overview