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

195.06USD-24.22 (-11.05%)Market Closed

Market Summary

USD195.06-24.22

Market Closed

-11.05%

ODFL Stock Price

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ODFL RSI Chart

ODFL Valuation

Market Cap

23.9B

Price/Earnings (Trailing)

19.26

Price/Sales (Trailing)

4.07

EV/EBITDA

11.89

Price/Free Cashflow

15.21

ODFL Price/Sales (Trailing)

ODFL Profitability

EBT Margin

28.09%

Return on Equity

29.11%

Return on Assets

22.49%

Free Cashflow Yield

6.57%

ODFL Fundamentals

ODFL Revenue

Revenue (TTM)

5.9B

Rev. Growth (Yr)

0.26%

Rev. Growth (Qtr)

-1.3%

ODFL Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-0.34%

Earnings Growth (Qtr)

-4.85%

Breaking Down ODFL Revenue

Last 7 days

-0.5%

Last 30 days

-0.5%

Last 90 days

-44.0%

Trailing 12 Months

-38.1%

How does ODFL drawdown profile look like?

ODFL Financial Health

Current Ratio

2.1

Debt/Equity

0.01

Debt/Cashflow

26.16

ODFL Investor Care

Dividend Yield

0.73%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

1.08%

Diluted EPS (TTM)

11.26

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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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Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

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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
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	-
Feb 27, 2024	congdon john r jr	gifted	-	-	-6,804	-
Feb 26, 2024	congdon david s	gifted	-	-	-520	executive chairman
Feb 26, 2024	congdon david s	gifted	-	-	-1,040	executive chairman

Which funds bought or sold ODFL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Venturi Wealth Management, LLC	added	620	1,127,160	1,515,870	0.10%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	91.44	68,000	1,963,000	0.07%
Apr 23, 2024	Louisiana State Employees Retirement System	added	94.33	293,941	6,009,090	0.12%
Apr 23, 2024	Canal Capital Management, LLC	added	100	9,872,920	124,019,000	20.83%
Apr 23, 2024	CIGNA INVESTMENTS INC /NEW	added	100	34,000	457,000	0.09%
Apr 23, 2024	MILESTONE ASSET MANAGEMENT, LLC	new	-	1,748,560	1,748,560	0.50%
Apr 23, 2024	Values First Advisors, Inc.	added	116	242,717	1,657,800	0.97%
Apr 23, 2024	OAK HARBOR WEALTH PARTNERS, LLC	added	100	44,975	592,576	0.18%
Apr 23, 2024	REGIONS FINANCIAL CORP	added	100	106,050	1,362,570	0.01%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	added	100	4,948	65,709	0.01%

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
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
Mar 11, 2024	SC 13G/A	Major Ownership Report
Mar 05, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading

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	66.9B	87.5B	-4.44%	17.03%	15.21	0.76	-5.51%	46.89%
GWW	46.9B	16.5B	-7.08%	41.32%	25.38	2.85	8.21%	18.11%
FAST	38.7B	7.4B	-13.56%	23.73%	33.39	5.24	3.46%	4.06%
JBHT	17.3B	12.8B	-13.98%	-5.03%	23.76	1.35	-13.39%	-24.87%
EXPD	16.3B	9.3B	-7.00%	0.52%	21.63	1.75	-45.52%	-44.53%
MID-CAP
CHRW	8.2B	17.6B	-5.53%	-28.63%	25.29	0.47	-28.75%	-65.43%
KNX	8.0B	7.1B	-6.39%	-13.33%	36.61	1.11	-3.86%	-71.85%
AIT	7.2B	4.5B	-5.50%	36.17%	19.24	1.61	7.15%	22.87%
BECN	6.2B	9.1B	2.49%	62.34%	14.22	0.68	8.19%	-5.10%
ARCB	3.4B	4.4B	6.50%	52.36%	17.57	0.78	-11.96%	-34.46%
SMALL-CAP
BXC	985.2M	3.1B	-12.80%	53.95%	20.3	0.31	-29.52%	-83.61%
CYRX	789.0M	233.3M	-8.47%	-27.24%	-7.92	3.38	-1.70%	-153.19%
CVLG	577.0M	1.1B	-1.76%	22.66%	10.45	0.52	-9.31%	-49.18%
DSKE	391.3M	1.6B	0.24%	4.02%	-22.11	0.25	-11.50%	-135.26%
AIRT	71.0M	220.4M	25.09%	2.40%	-6.53	0.32	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.3%	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	1,027
Costs and Expenses	0.4%	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	808
Operating Expenses	-0.4%	180	181	165	192	208	217	237	191	159	147	138	124	100	90.00	75.00	108	112	117	122	121	127
EBITDA Margin	-	0.34*	-	0.34*	0.34*	0.34*	0.33*	0.32*	0.32*	0.31*	0.31*	0.31*	0.30*	0.29*	-	-	-	-	-	-	-	-
Income Taxes	-4.3%	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	58.00
Earnings Before Taxes	-4.7%	425	446	392	384	432	496	508	405	372	383	364	269	253	268	199	181	190	218	236	180	217
EBT Margin	-0.5%	0.28*	0.28*	0.29*	0.29*	0.29*	0.29*	0.28*	0.27*	0.26*	0.26*	0.25*	0.24*	-	-	-	-	-	-	-	-	-
Net Income	-4.9%	323	339	292	285	324	377	376	300	279	287	270	199	190	202	148	133	144	164	174	133	159
Net Income Margin	-0.2%	0.21*	0.21*	0.21*	0.22*	0.22*	0.22*	0.21*	0.20*	0.20*	0.19*	0.19*	0.18*	-	-	-	-	-	-	-	-	-
Free Cashflow	1.7%	437	429	288	415	361	514	427	389	340	364	198	310	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.0%	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	3,545
Current Assets	19.8%	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	706
Cash Equivalents	110.0%	434	207	55.00	208	186	217	196	262	463	340	484	352	401	420	519	357	404	322	229	281	190
Net PPE	0.2%	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	2,755
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00
Liabilities	1.5%	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	865
Current Liabilities	-1.4%	545	552	503	570	530	639	628	579	464	534	482	514	373	449	494	428	366	397	386	358	357
Long Term Debt	0.0%	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	45.00
LT Debt, Current	0%	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	-	-	-	-	-	45.00	45.00	45.00	-	-	-	-	-
Shareholder's Equity	4.8%	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	2,680
Retained Earnings	5.1%	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	2,530
Additional Paid-In Capital	0.8%	243	241	239	240	245	241	237	133	174	170	160	156	226	186	182	217	218	146	145	143	142
Accumulated Depreciation	-0.3%	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	1,318
Shares Outstanding	-0.2%	109	109	109	110	110	113	113	114	116	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	1.7%	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	224,698
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	2,960	4,095	2,209	2,073	11,354	1,147	2,283	1,933	1,335
Cashflow From Investing	52.5%	-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	-114,653
Cashflow From Financing	-17.7%	-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	-97,231
Dividend Payments	-0.2%	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	10,555
Buy Backs	29.8%	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	101,723

ODFL Income Statement

2023-12-31

Statements of Operations - USD ($) $ in Thousands	12 Months Ended
Statements of Operations - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue from operations	$ 5,866,152	$ 6,260,077	$ 5,256,328
Operating expenses:
Salaries, wages and benefits	2,629,676	2,716,835	2,467,985
Operating supplies and expenses	718,326	852,955	567,615
General supplies and expenses	162,416	159,998	136,059
Operating taxes and licenses	145,642	141,239	133,452
Insurance and claims	75,368	58,301	53,549
Communications and utilities	43,269	40,584	34,149
Depreciation and amortization	324,435	276,050	259,883
Purchased transportation	121,516	158,111	185,785
Miscellaneous expenses, net	4,831	15,372	26,249
Total operating expenses	4,225,479	4,419,445	3,864,726
Operating income	1,640,673	1,840,632	1,391,602
Non-operating (income) expense:
Interest expense	464	1,563	1,727
Interest income	(12,799)	(4,884)	(786)
Other expense, net	5,232	2,604	2,238
Total non-operating (income) expense	(7,103)	(717)	3,179
Income before income taxes	1,647,776	1,841,349	1,388,423
Provision for income taxes	408,274	464,190	354,048
Net income	$ 1,239,502	$ 1,377,159	$ 1,034,375
Earnings per share:
Basic	$ 11.33	$ 12.26	$ 8.94
Diluted	$ 11.26	$ 12.18	$ 8.89
Weighted average shares outstanding:
Basic	109,421,245	112,340,791	115,651,411
Diluted	110,090,212	113,077,820	116,409,989
Dividends declared per share	$ 1.6	$ 1.20	$ 0.80

ODFL Balance Sheet

2023-12-31

Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 433,799,000	$ 186,312,000
Short-term investments	0	49,355,000
Customer receivables, less allowances of $10,405 and $10,689, respectively	578,885,000	578,648,000
Income taxes receivable	18,554,000	12,738,000
Other receivables	17,884,000	13,743,000
Prepaid expenses and other current assets	94,211,000	92,944,000
Total current assets	1,143,333,000	933,740,000
Property and equipment:
Revenue equipment	2,590,770,000	2,501,995,000
Land and structures	3,021,447,000	2,750,100,000
Other fixed assets	623,164,000	550,442,000
Leasehold improvements	14,436,000	13,516,000
Total property and equipment	6,249,817,000	5,816,053,000
Less: Accumulated depreciation	(2,154,412,000)	(2,128,985,000)
Net property and equipment	4,095,405,000	3,687,068,000
Other assets	273,655,000	217,802,000
Total assets	5,512,393,000	4,838,610,000
Current liabilities:
Accounts payable	112,774,000	106,275,000
Compensation and benefits	278,953,000	288,278,000
Claims and insurance accruals	63,346,000	63,307,000
Other accrued liabilities	69,585,000	51,933,000
Current maturities of long-term debt	20,000,000	20,000,000
Total current liabilities	544,658,000	529,793,000
Long-term debt	59,977,000	79,963,000
Other non-current liabilities	286,815,000	265,422,000
Deferred income taxes	363,132,000	310,515,000
Total long-term liabilities	709,924,000	655,900,000
Total liabilities	1,254,582,000	1,185,693,000
Commitments and contingent liabilities
Shareholders’ equity
Common stock - $0.10 par value, 280,000,000 shares authorized, 108,965,466 and 110,222,819 shares outstanding at December 31, 2023 and December 31, 2022, respectively.	10,897,000	11,022,000
Capital in excess of par value	242,958,000	244,590,000
Retained earnings	4,003,956,000	3,397,305,000
Total shareholders’ equity	4,257,811,000	3,652,917,000
Total liabilities and shareholders’ equity	$ 5,512,393,000	$ 4,838,610,000

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 Tue Apr 23 2024, market cap of Old Dominion Freight Line Inc is 23.87 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 Tue Apr 23 2024, ODFL's PE ratio (Price to Earnings) is 19.26 and Price to Sales (PS) ratio is 4.07. 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 0.189 (multiply by 100 for percentage) rate of return.