Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. More Details
No risks detected for ODFL from our risk checks.
Flawless balance sheet with outstanding track record.
Share Price & News
How has Old Dominion Freight Line's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ODFL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ODFL's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ODFL exceeded the US Transportation industry which returned 36.2% over the past year.
Return vs Market: ODFL exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Old Dominion Freight Line's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StOld Dominion Freight Line (NASDAQ:ODFL) Is Very Good At Capital Allocation
2 weeks ago | Simply Wall StIs There Now An Opportunity In Old Dominion Freight Line, Inc. (NASDAQ:ODFL)?
4 weeks ago | Simply Wall StWhat Is The Ownership Structure Like For Old Dominion Freight Line, Inc. (NASDAQ:ODFL)?
Is Old Dominion Freight Line undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ODFL ($269.15) is trading above our estimate of fair value ($164.43)
Significantly Below Fair Value: ODFL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ODFL is poor value based on its PE Ratio (36.5x) compared to the US Transportation industry average (18.9x).
PE vs Market: ODFL is poor value based on its PE Ratio (36.5x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: ODFL is poor value based on its PEG Ratio (6x)
Price to Book Ratio
PB vs Industry: ODFL is overvalued based on its PB Ratio (9.2x) compared to the US Transportation industry average (2.2x).
How is Old Dominion Freight Line forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ODFL's forecast earnings growth (6% per year) is above the savings rate (2%).
Earnings vs Market: ODFL's earnings (6% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: ODFL's earnings are forecast to grow, but not significantly.
Revenue vs Market: ODFL's revenue (6.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: ODFL's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ODFL's Return on Equity is forecast to be high in 3 years time (24.8%)
How has Old Dominion Freight Line performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ODFL has high quality earnings.
Growing Profit Margin: ODFL's current net profit margins (18.8%) are higher than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: ODFL's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: ODFL's earnings growth over the past year (46.1%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: ODFL earnings growth over the past year (46.1%) exceeded the Transportation industry 30.4%.
Return on Equity
High ROE: ODFL's Return on Equity (25.3%) is considered high.
How is Old Dominion Freight Line's financial position?
Financial Position Analysis
Short Term Liabilities: ODFL's short term assets ($1.3B) exceed its short term liabilities ($482.0M).
Long Term Liabilities: ODFL's short term assets ($1.3B) exceed its long term liabilities ($650.1M).
Debt to Equity History and Analysis
Debt Level: ODFL is debt free.
Reducing Debt: ODFL has no debt compared to 5 years ago when its debt to equity ratio was 11.8%.
Debt Coverage: ODFL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ODFL has no debt, therefore coverage of interest payments is not a concern.
What is Old Dominion Freight Line current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ODFL's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: ODFL's dividend (0.3%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: ODFL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ODFL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ODFL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ODFL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Gantt (65 yo)
Mr. Greg C. Gantt has been the Chief Executive Officer of Old Dominion Freight Line Inc. since May 16, 2018 and has been its President since May 2015. Mr. Gantt served as Executive Vice President of Old D...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD7.99M) is about average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Experienced Management: ODFL's management team is considered experienced (4.2 years average tenure).
Experienced Board: ODFL's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Old Dominion Freight Line, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Old Dominion Freight Line, Inc.
- Ticker: ODFL
- Exchange: NasdaqGS
- Founded: 1934
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$31.212b
- Shares outstanding: 115.96m
- Website: https://www.odfl.com
Number of Employees
- Old Dominion Freight Line, Inc.
- 500 Old Dominion Way
- North Carolina
- United States
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 expe...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:10|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.