We Think Old Dominion Freight Line (NASDAQ:ODFL) Can Stay On Top Of Its Debt
Jun 20
U.S. Transportation Industry Analysis
UpdatedJun 21, 2024
DataAggregated Company Financials
Companies41
- 7D0.3%
- 3M-10.4%
- 1Y18.6%
- YTD0.4%
Over the last 7 days, the Transportation industry has remained flat. The past year has been better, since the industry has gained 19% in that time. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the U.S. Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Jun 2024 | US$575.0b | US$217.0b | US$16.7b | 24.6x | 34.5x | 2.7x |
| Sun, 19 May 2024 | US$591.4b | US$216.2b | US$16.7b | 25.7x | 35.4x | 2.7x |
| Tue, 16 Apr 2024 | US$624.9b | US$214.9b | US$18.2b | 23.1x | 34.3x | 2.9x |
| Thu, 14 Mar 2024 | US$648.0b | US$212.9b | US$17.5b | 23x | 37x | 3x |
| Sat, 10 Feb 2024 | US$624.2b | US$213.0b | US$16.6b | 23.8x | 37.6x | 2.9x |
| Mon, 08 Jan 2024 | US$566.0b | US$216.1b | US$16.9b | 21.6x | 33.4x | 2.6x |
| Wed, 06 Dec 2023 | US$562.4b | US$216.1b | US$16.8b | 21.4x | 33.5x | 2.6x |
| Fri, 03 Nov 2023 | US$482.7b | US$214.5b | US$14.8b | 18.6x | 32.6x | 2.3x |
| Sun, 01 Oct 2023 | US$500.7b | US$217.5b | US$16.6b | 14.3x | 30.2x | 2.3x |
| Tue, 29 Aug 2023 | US$514.5b | US$214.3b | US$13.8b | 15x | 37.4x | 2.4x |
| Thu, 27 Jul 2023 | US$545.7b | US$215.2b | US$11.7b | 13.3x | 46.5x | 2.5x |
| Sat, 24 Jun 2023 | US$483.3b | US$217.0b | US$12.9b | 12.7x | 37.4x | 2.2x |
| Mon, 22 May 2023 | US$467.6b | US$217.5b | US$12.8b | 13.4x | 36.5x | 2.1x |
| Wed, 19 Apr 2023 | US$456.7b | US$220.8b | US$3.5b | 13.4x | 131.8x | 2.1x |
| Fri, 17 Mar 2023 | US$450.9b | US$220.9b | US$3.5b | 14.5x | 128.1x | 2x |
| Sun, 12 Feb 2023 | US$506.4b | US$220.3b | US$2.6b | 15.5x | 196.4x | 2.3x |
| Tue, 10 Jan 2023 | US$488.4b | US$221.7b | US$3.4b | 10.6x | 144.3x | 2.2x |
| Thu, 08 Dec 2022 | US$470.3b | US$220.8b | US$3.6b | 10.4x | 130.6x | 2.1x |
| Sat, 05 Nov 2022 | US$444.0b | US$219.5b | US$3.5b | 9.2x | 126.9x | 2x |
| Mon, 03 Oct 2022 | US$413.9b | US$206.1b | US$993.2m | 8.8x | 416.7x | 2x |
| Wed, 31 Aug 2022 | US$472.7b | US$206.8b | US$781.3m | 9.3x | 605.1x | 2.3x |
| Fri, 29 Jul 2022 | US$458.3b | US$199.1b | US$2.8b | 9.7x | 166.1x | 2.3x |
| Sun, 26 Jun 2022 | US$450.0b | US$195.5b | US$2.5b | 9.4x | 179.8x | 2.3x |
| Tue, 24 May 2022 | US$445.0b | US$195.4b | US$2.4b | 9.7x | 185.4x | 2.3x |
| Thu, 21 Apr 2022 | US$516.3b | US$185.5b | US$5.4b | 13.3x | 95x | 2.8x |
| Sat, 19 Mar 2022 | US$582.7b | US$187.9b | US$7.7b | 15.3x | 75.7x | 3.1x |
| Mon, 14 Feb 2022 | US$555.7b | US$186.6b | US$7.7b | 15.3x | 71.8x | 3x |
| Wed, 12 Jan 2022 | US$610.9b | US$183.8b | US$4.5b | 17.2x | 134.7x | 3.3x |
| Fri, 10 Dec 2021 | US$619.8b | US$181.2b | US$12.4b | 17.4x | 49.8x | 3.4x |
| Sun, 07 Nov 2021 | US$649.6b | US$180.8b | US$12.6b | 19x | 51.4x | 3.6x |
| Tue, 05 Oct 2021 | US$572.0b | US$171.9b | US$11.5b | 17.6x | 49.5x | 3.3x |
| Thu, 02 Sep 2021 | US$597.5b | US$174.4b | US$11.2b | 18.5x | 53.2x | 3.4x |
| Sat, 31 Jul 2021 | US$595.1b | US$174.4b | US$11.2b | 18.7x | 53x | 3.4x |
Price to Earnings Ratio
57.4x
Current Industry PE
- Investors are pessimistic on the American Transportation industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 34.5x which is lower than its 3-year average PE of 149x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 7.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | 0.41% | |
| Industrials | 0.21% | |
| Transportation | 0.35% | |
| Railroads | 1.60% | |
| Cargo Ground Transportation | -0.48% | |
| Trucking | -0.69% | |
Industry PE
- Investors are most optimistic about the Trucking industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 49.7%, which is higher than its past year's earnings decline of 87.2% per year.
- Investors are most pessimistic about the Railroads industry, which is trading close to its 3-year average of 20.9x.
Forecasted Growth
- Analysts are most optimistic on the Trucking industry, expecting annual earnings growth of 50% over the next 5 years.
- This is better than its past earnings decline of 87% per year.
- In contrast, the Railroads industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| UNP Union Pacific | US$225.17 | 1.4% +US$1.9b | 10.7% | PE21.5x | |
| CSX CSX | US$33.31 | 2.4% +US$1.5b | 0.6% | PE18x | |
| NSC Norfolk Southern | US$224.50 | 1.2% +US$600.9m | 2.0% | PE35.9x | |
| ODFL Old Dominion Freight Line | US$174.65 | 1.0% +US$378.1m | 5.6% | PE30.4x | |
| XPO XPO | US$105.07 | 2.0% +US$243.1m | 96.7% | PE50.5x |
