ODFL - Old Dominion Freight Line Inc Stock Price, Fair Value and News

186.15USD+4.45 (+2.45%)Delayed as of 09 May 2024, 11:00 am ET

Market Summary

USD186.15+4.45

Delayedas of 09 May 2024, 11:00 am

2.45%

ODFL Stock Price

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ODFL RSI Chart

ODFL Valuation

Market Cap

39.5B

Price/Earnings (Trailing)

31.66

Price/Sales (Trailing)

6.71

EV/EBITDA

19.55

Price/Free Cashflow

25.02

ODFL Price/Sales (Trailing)

ODFL Profitability

EBT Margin

28.15%

Return on Equity

28.33%

Return on Assets

22.06%

Free Cashflow Yield

ODFL Fundamentals

ODFL Revenue

Revenue (TTM)

5.9B

Rev. Growth (Yr)

1.24%

Rev. Growth (Qtr)

-2.37%

ODFL Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

2.55%

Earnings Growth (Qtr)

-9.45%

Breaking Down ODFL Revenue

52 Week Range

181.92438.05

(Low)(High)

Last 7 days

-0.4%

Last 30 days

-19.1%

Last 90 days

-58.2%

Trailing 12 Months

-41.8%

How does ODFL drawdown profile look like?

ODFL Financial Health

Current Ratio

2.29

Debt/Equity

0.01

Debt/Cashflow

26.3

ODFL Investor Care

Dividend Yield

0.8%

Dividend/Share (TTM)

1.46

Shares Dilution (1Y)

98.16%

Diluted EPS (TTM)

10.02

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	5.9B	0	0	0
2023	6.2B	6.0B	5.9B	5.9B
2022	5.6B	6.0B	6.2B	6.3B
2021	4.2B	4.6B	4.9B	5.3B
2020	4.1B	3.9B	4.0B	4.0B
2019	4.1B	4.1B	4.1B	4.1B
2018	3.5B	3.7B	3.9B	4.0B
2017	3.0B	3.1B	3.2B	3.4B
2016	3.0B	3.0B	3.0B	3.0B
2015	2.9B	2.9B	3.0B	3.0B
2014	2.4B	2.5B	2.7B	2.8B
2013	2.2B	2.2B	2.3B	2.3B
2012	2.0B	2.0B	2.1B	2.1B
2011	1.6B	1.7B	1.8B	1.9B
2010	1.3B	1.3B	1.4B	1.5B
2009	0	1.4B	1.3B	1.2B
2008	0	0	0	1.5B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Old Dominion Freight Line Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	gantt greg c	gifted	-	-	-1,354	-
May 01, 2024	gantt greg c	acquired	-	-	5,108	-
May 01, 2024	gantt greg c	sold (taxes)	-386,134	181	-2,125	-
Apr 01, 2024	gantt greg c	acquired	-	-	5,108	-
Apr 01, 2024	gantt greg c	sold (taxes)	-466,034	219	-2,125	-
Mar 01, 2024	gantt greg c	acquired	-	-	2,554	-
Mar 01, 2024	gantt greg c	sold (taxes)	-470,356	442	-1,063	-
Feb 28, 2024	congdon earl e	gifted	-	-	-1,234	chair emeritus & sr. advisor
Feb 27, 2024	kasarda john d.	sold	-3,524,860	442	-7,972	-

Which funds bought or sold ODFL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	M&T Bank Corp	added	77.7	-146,337	3,678,250	0.01%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	added	42.53	-3,047,240	10,270,300	0.24%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	added	134	200,790	952,528	0.01%
May 07, 2024	REAVES W H & CO INC	new	-	8,052,000	8,052,000	0.28%
May 07, 2024	Inspire Investing, LLC	added	122	1,134,070	6,723,170	0.69%
May 07, 2024	Meeder Advisory Services, Inc.	added	108	71,744	635,089	0.06%
May 07, 2024	Empowered Funds, LLC	added	479	973,498	1,429,900	0.01%
May 07, 2024	FORSTA AP-FONDEN	added	65.00	-1,043,240	8,684,680	0.07%
May 07, 2024	Choate Investment Advisors	new	-	2,863,630	2,863,630	0.08%
May 07, 2024	CHILTON CAPITAL MANAGEMENT LLC	added	100	300	3,948	-%

Are Funds Buying or Selling ODFL?

Are funds buying ODFL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ODFL

No. of Funds

Unveiling Old Dominion Freight Line Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.04%	10,925,191	SC 13G/A
Feb 14, 2024	price t rowe associates inc /md/	5.8%	6,331,917	SC 13G
Feb 13, 2024	vanguard group inc	9.94%	10,850,999	SC 13G/A
Feb 12, 2024	congdon david s	5.4%	5,838,824	SC 13G/A
Feb 09, 2024	capital research global investors	3.8%	4,145,473	SC 13G/A
Jan 25, 2024	blackrock inc.	8.1%	8,801,761	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	7.6%	8,415,483	SC 13G
Feb 13, 2023	capital research global investors	6.7%	7,452,017	SC 13G/A
Feb 09, 2023	vanguard group inc	9.77%	10,790,836	SC 13G/A
Feb 08, 2023	congdon david s	5.5%	6,135,144	SC 13G/A

Recent SEC filings of Old Dominion Freight Line Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 02, 2024	4	Insider Trading
Apr 24, 2024	8-K	Current Report
Apr 22, 2024	PX14A6G	PX14A6G
Apr 15, 2024	ARS	ARS
Apr 15, 2024	DEF 14A	DEF 14A
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	PRE 14A	PRE 14A
Mar 19, 2024	8-K	Current Report

Peers (Alternatives to Old Dominion Freight Line Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FDX	63.5B	87.5B	-6.40%	12.82%	14.44	0.73	-5.51%	46.89%
GWW	46.6B	16.6B	-6.45%	38.67%	25.47	2.8	6.06%	9.62%
FAST	38.2B	7.4B	-12.03%	22.59%	33.02	5.18	3.46%	4.06%
JBHT	17.3B	12.5B	-13.94%	-4.43%	26.31	1.38	-13.82%	-28.77%
EXPD	16.8B	9.3B	-1.23%	1.14%	22.33	1.81	-45.52%	-44.53%
MID-CAP
CHRW	9.5B	17.4B	12.31%	-20.34%	31.26	0.54	-22.65%	-61.39%
KNX	7.8B	7.3B	-9.07%	-14.64%	70.84	1.07	1.23%	-83.48%
AIT	7.5B	4.5B	-1.54%	50.18%	19.98	1.67	3.72%	12.24%
BECN	5.9B	9.3B	-8.96%	54.16%	14.11	0.63	9.73%	-2.71%
ARCB	2.7B	4.4B	-24.29%	31.97%	22	0.62	-10.46%	-59.38%
SMALL-CAP
BXC	876.4M	3.1B	-21.23%	34.10%	18.18	0.29	-22.33%	-73.30%
CYRX	650.2M	225.0M	-29.16%	-39.83%	-5.66	2.89	-9.19%	-264.75%
CVLG	603.3M	1.1B	-1.31%	18.76%	14.17	0.54	-6.43%	-58.73%
DSKE	391.3M	1.6B	-0.12%	0.61%	-22.11	0.25	-11.50%	-135.26%
AIRT	67.1M	220.4M	11.21%	-8.13%	-6.17	0.3	16.77%	-270.60%

Old Dominion Freight Line Inc News

Latest updates

Old Dominion Freight Line Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.4%	1,460	1,496	1,515	1,413	1,442	1,492	1,604	1,667	1,497	1,410	1,400	1,319	1,127	1,073	1,058	896	987	1,009	1,048	1,061	991
Costs and Expenses	-0.1%	1,074	1,075	1,070	1,022	1,059	1,061	1,108	1,159	1,092	1,038	1,017	953	857	819	788	697	804	821	831	826	812
Operating Expenses	-4.1%	172	180	181	165	192	208	217	237	191	159	147	138	124	100	90.00	75.00	108	112	117	122	121
EBITDA Margin	0.6%	0.34*	0.34*	0.34*	0.34*	0.34*	0.34*	0.33*	0.32*	0.32*	0.31*	0.31*	0.31*	-	-	-	-	-	-	-	-	-
Income Taxes	-1.9%	101	103	107	100	99.00	108	119	132	105	93.00	96.00	95.00	70.00	63.00	66.00	51.00	48.00	46.00	54.00	62.00	47.00
Earnings Before Taxes	-7.6%	393	425	446	392	384	432	496	508	405	372	383	364	269	253	268	199	181	190	218	236	180
EBT Margin	0.2%	0.28*	0.28*	0.28*	0.29*	0.29*	0.29*	0.29*	0.28*	0.27*	0.26*	0.26*	0.25*	-	-	-	-	-	-	-	-	-
Net Income	-9.5%	292	323	339	292	285	324	377	376	300	279	287	270	199	190	202	148	133	144	164	174	133
Net Income Margin	0.3%	0.21*	0.21*	0.21*	0.21*	0.22*	0.22*	0.22*	0.21*	0.20*	0.20*	0.19*	0.19*	-	-	-	-	-	-	-	-	-
Free Cashflow	-2.9%	424	437	429	288	415	361	514	427	389	340	364	198	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.5%	5,651	5,512	5,299	4,979	4,957	4,839	4,811	4,794	4,723	4,822	4,613	4,534	4,352	4,369	4,274	4,080	3,935	3,996	3,892	3,759	3,704
Current Assets	10.5%	1,264	1,143	954	731	897	934	1,111	1,209	1,281	1,384	1,279	1,311	1,223	1,243	1,138	969	831	867	807	741	784
Cash Equivalents	33.9%	581	434	207	55.00	208	186	217	196	262	463	340	484	352	401	420	519	357	404	322	229	281
Net PPE	0.8%	4,128	4,095	4,085	4,001	3,841	3,687	3,492	3,379	3,225	3,216	3,110	2,999	2,908	2,914	2,935	2,955	2,954	2,969	2,928	2,858	2,762
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19.00	19.00	19.00	19.00	19.00	19.00	19.00
Liabilities	-0.4%	1,250	1,255	1,236	1,147	1,211	1,186	1,253	1,238	1,219	1,142	1,193	1,132	1,160	1,043	1,103	1,098	919	915	983	960	934
Current Liabilities	1.1%	551	545	552	503	570	530	639	628	579	464	534	482	514	373	449	494	428	366	397	386	358
Long Term Debt	0.0%	60.00	60.00	60.00	60.00	80.00	80.00	80.00	80.00	100	100	100	100	100	100	100	100	-	45.00	45.00	45.00	45.00
LT Debt, Current	0%	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	-	-	-	-	-	45.00	45.00	45.00	-	-	-	-
Shareholder's Equity	3.4%	4,402	4,258	4,063	3,832	3,746	3,653	3,558	3,556	3,503	3,680	3,420	3,402	3,192	3,326	3,171	12.00	12.00	3,081	2,910	2,645	12.00
Retained Earnings	3.8%	4,154	4,004	3,811	3,582	3,495	3,397	3,306	3,308	3,359	3,494	3,238	3,231	3,024	3,088	2,973	2,789	2,787	2,850	2,755	2,646	2,619
Additional Paid-In Capital	-7.2%	225	243	241	239	240	245	241	237	133	174	170	160	156	226	186	182	217	218	146	145	143
Accumulated Depreciation	2.9%	2,217	2,154	2,160	2,146	2,168	2,129	2,106	2,045	1,984	1,920	1,855	1,797	1,736	1,677	1,631	1,578	1,526	1,464	1,460	1,436	1,377
Shares Outstanding	99.7%	218	109	109	109	110	110	113	113	114	116	116	116	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	35,353	-	-	-	23,447	-	-	-	24,053	-	-	-	16,302	-	-	-	9,716	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-2.9%	423,893	436,693	429,235	287,840	415,367	361,348	514,181	427,328	388,725	339,991	364,324	197,983	310,308	246,566	170,242	312,198	204,018	236,373	285,632	255,708	206,175
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,960	4,095	2,209	2,073	11,354	1,147	2,283	1,933
Cashflow From Investing	-48.3%	-117,952	-79,535	-167,351	-213,059	-199,875	-158,637	-114,587	-165,794	-108,454	-194,106	-235,692	-2,418	-23,072	-183,214	-250,891	-66,890	-50,668	-105,927	-138,122	-159,126	-70,464
Cashflow From Financing	-22.2%	-158,766	-129,960	-110,424	-227,264	-194,180	-233,126	-379,001	-327,522	-480,713	-23,082	-273,075	-63,261	-336,766	-82,318	-17,579	-83,656	-199,949	-49,161	-54,184	-148,249	-45,366
Dividend Payments	29.9%	56,633	43,597	43,665	43,775	44,052	33,044	33,405	33,839	34,196	22,979	22,979	23,176	23,232	17,552	17,579	17,582	18,310	13,547	13,570	13,645	13,790
Buy Backs	-0.3%	85,280	85,518	65,900	160,529	141,666	199,918	395,431	293,518	338,352	-	187,500	40,000	240,215	57,266	-	128,417	178,294	35,703	40,576	133,996	30,596

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ODFL Income Statement

2024-03-31

Condensed Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue from operations	$ 1,460,073	$ 1,442,136
Operating expenses:
Salaries, wages and benefits	668,390	652,075
Operating supplies and expenses	172,472	192,384
General supplies and expenses	45,576	39,545
Operating taxes and licenses	35,838	36,701
Insurance and claims	18,194	16,028
Communications and utilities	10,995	11,017
Depreciation and amortization	84,531	75,947
Purchased transportation	30,710	30,615
Miscellaneous expenses, net	6,941	4,775
Total operating expenses	1,073,647	1,059,087
Operating income	386,426	383,049
Non-operating (income) expense:
Interest expense	37	200
Interest income	(7,372)	(2,811)
Other expense, net	879	1,511
Total non-operating income	(6,456)	(1,100)
Income before income taxes	392,882	384,149
Provision for income taxes	100,578	99,111
Net income	$ 292,304	$ 285,038
Earnings per share:
Basic	$ 1.34	$ 1.3
Diluted	$ 1.34	$ 1.29
Weighted average shares outstanding:
Basic	217,594	219,912
Diluted	218,808	221,358
Dividends declared per share	$ 0.26	$ 0.2

ODFL Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 580,974	$ 433,799
Customer receivables, less allowances of $10,137 and $10,405, respectively	582,209	578,885
Income taxes receivable		18,554
Other receivables	21,320	17,884
Prepaid expenses and other current assets	79,157	94,211
Total current assets	1,263,660	1,143,333
Property and equipment:
Revenue equipment	2,578,067	2,590,770
Land and structures	3,110,076	3,021,447
Other fixed assets	642,377	623,164
Leasehold improvements	14,534	14,436
Total property and equipment	6,345,054	6,249,817
Accumulated depreciation	(2,216,953)	(2,154,412)
Net property and equipment	4,128,101	4,095,405
Other assets	259,595	273,655
Total assets	5,651,356	5,512,393
Current liabilities:
Accounts payable	97,689	112,774
Compensation and benefits	232,502	278,953
Claims and insurance accruals	62,839	63,346
Other accrued liabilities	60,930	69,585
Income taxes payable	76,714
Current maturities of long-term debt	20,000	20,000
Total current liabilities	550,674	544,658
Long-term liabilities:
Long-term debt	59,980	59,977
Other non-current liabilities	275,933	286,815
Deferred income taxes	363,132	363,132
Total long-term liabilities	699,045	709,924
Total liabilities	1,249,719	1,254,582
Commitments and contingent liabilities
Shareholders' equity:
Common stock - $0.10 par value, 280,000,000 shares authorized, 217,598,722 and 217,930,932 shares outstanding at March 31, 2024 and December 31, 2023, respectively	21,760	21,793
Capital in excess of par value	225,497	231,449
Retained earnings	4,154,380	4,004,569
Total shareholders’ equity	4,401,637	4,257,811
Total liabilities and shareholders’ equity	$ 5,651,356	$ 5,512,393

About Old Dominion Freight Line Inc

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2022, it owned and operated 11,274 tractors, 31,252 linehaul trailers, and 14,315 pickup and delivery trailers; 44 fleet maintenance centers; and 255 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

CEO	Mr. Kevin M. Freeman
WEBSITE	odfl.com
INDUSTRY	Integrated Freight & Logistics
EMPLOYEES	22717

Old Dominion Freight Line Inc Frequently Asked Questions

What is the ticker symbol for Old Dominion Freight Line Inc? What does ODFL stand for in stocks?

ODFL is the stock ticker symbol of Old Dominion Freight Line Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Old Dominion Freight Line Inc (ODFL)?

As of Wed May 08 2024, market cap of Old Dominion Freight Line Inc is 39.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ODFL stock?

You can check ODFL's fair value in chart for subscribers.

What is the fair value of ODFL stock?

You can check ODFL's fair value in chart for subscribers. The fair value of Old Dominion Freight Line Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Old Dominion Freight Line Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ODFL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Old Dominion Freight Line Inc a good stock to buy?

The fair value guage provides a quick view whether ODFL is over valued or under valued. Whether Old Dominion Freight Line Inc is cheap or expensive depends on the assumptions which impact Old Dominion Freight Line Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ODFL.

What is Old Dominion Freight Line Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, ODFL's PE ratio (Price to Earnings) is 31.66 and Price to Sales (PS) ratio is 6.71. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ODFL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Old Dominion Freight Line Inc's stock?

In the past 10 years, Old Dominion Freight Line Inc has provided 0.166 (multiply by 100 for percentage) rate of return.