Old Dominion Freight Line Inc Ordinary Shares ODFL

Morningstar Rating
$174.52 +2.87 (1.67%)
View Full Chart

Company Report

Old Dominion's Yield Gains Solid and Demand Stable

Following impressive growth over the past decade, Old Dominion is the second-largest US less-than-truckload carrier by revenue (after FedEx Freight) and the clear industry leader in execution, freight selection, and service quality, a significant factor when shippers choose carriers. Even during the Great Recession, the company stayed afloat thanks to strong pricing discipline. While other carriers slashed rates dramatically, Old Dominion held firm, keeping core revenue per hundredweight flat.

Price vs Fair Value

ODFL is trading at a LOCK|l?%S>#p premium.
Price
$171.62
Fair Value
>r%
Uncertainty
LOCK|$>!<#
1-Star Price
LOCK|^.!
5-Star Price
LOCK|$.>
Economic Moat
LOCK|h!!M&
Capital Allocation
LOCK|JNGW#@vf

Bulls Say, Bears Say

Bulls

Given its capacity investment and high service levels, Old Dominion is well positioned to continue taking incremental market share in the years ahead.

Bears

While industrial end markets have improved, economic fallout from an oil price shock could temper demand in the year ahead.

News

Trading Information

Previous Close Price
$171.66
Day Range
$171.70–174.75
52-Week Range
$126.04–252.03
Bid/Ask
$161.50 / $180.28
Shares Outstanding
206.04M
Market Cap
$35.90B
Volume/Avg
875,868 / 2M

Key Statistics

Price/Earnings (Normalized)
31.26
Price/Sales
6.20
Dividend Yield (Trailing)
0.67%
Dividend Yield (Forward)
0.68%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
2.16%

Company Profile

Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with roughly 260 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are well above those of its peers. Strategic initiatives focus on increasing network density through market-share gains and on maintaining industry-leading service (including ultralow cargo claims) through steadfast infrastructure investment.
Sector
Industrials
Industry
Trucking
Stock Style Box
Mid Core
Total Number of Employees
20,591

Competitors

Valuation

Metric
ODFL
XPO
FDX
Price/Earnings (Normalized)
31.2639.648.98
Price/Book Value
7.5911.192.16
Price/Sales
6.202.510.81
Price/Cash Flow
23.2818.546.14
Price/Earnings
ODFL
XPO
FDX

Financial Strength

Metric
ODFL
XPO
FDX
Quick Ratio
1.900.851.17
Current Ratio
2.040.991.33
Interest Coverage
2,222.694.246.52
Quick Ratio
ODFL
XPO
FDX

Profitability

Metric
ODFL
XPO
FDX
Return on Assets (Normalized)
20.26%7.61%5.27%
Return on Equity (Normalized)
25.81%33.13%16.63%
Return on Invested Capital (Normalized)
25.41%13.22%7.64%
Return on Assets
ODFL
XPO
FDX

Trucking Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
XPO Inc
XPO
LOCK|sk!f!fLOCK|pSCn$22B
Knight-Swift Transportation Holdings Inc Class A
KNX
LOCK|qD%$mLgLOCK|!x$10B
Saia Inc
SAIA
LOCK|&ty%KcLOCK|rhX$9B
TFI International Inc
TFII
—LOCK|M<m!$8B
Schneider National Inc
SNDR
LOCK|vVDzj>LOCK|^#$5B
RXO Inc
RXO
—LOCK|csg$5B
Yamato Holdings Co Ltd ADR
YATRY
—LOCK|>D$5B
Yamato Holdings Co Ltd
YATRF
—LOCK|LZ$5B
ArcBest Corp
ARCB
LOCK|TmM&$prLOCK|G$z$3B

Sponsor Center