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Old Dominion Freight Line Inc Ordinary Shares ODFL

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Stock XNAS Rating as of
$178.10 +4.26 (2.45%)
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As of Delayed Price Closed

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Old Dominion's Volumes Still Muted, but Demand Rebound Likely as 2026 Progresses

Matthew Young

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, which is a significant factor when shippers consider which carriers to use. 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.

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Price vs Fair Value

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ODFL is trading at a LOCK|?$bbCd premium.
Price
$173.83
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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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

US tariffs or an oil price shock could prevent a cyclical uptick in retail-sector restocking this year.

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Trading Information

Previous Close Price
$173.84
Day Range
$172.75–178.42
52-Week Range
$126.01–252.03
Bid/Ask
$171.10 / $179.65
Shares Outstanding
207.36M
Market Cap
$36.93B
Volume/Avg
2M / 2M

Key Statistics

Price/Earnings (Normalized)
33.50
Price/Sales
6.51
Dividend Yield (Trailing)
0.66%
Dividend Yield (Forward)
0.67%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
2.17%

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 Growth
Total Number of Employees
20,591
Website
https://www.odfl.com

Competitors

Valuation

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Metric
ODFL
XPO
FDX
Price/Earnings (Normalized)
 33.5037.7715.40
Price/Book Value
 7.9310.502.16
Price/Sales
 6.512.440.72
Price/Cash Flow
 24.9818.325.48
Price/Earnings
ODFL
XPO
FDX

Financial Strength

Metric
ODFL
XPO
FDX
Quick Ratio
 1.710.871.37
Current Ratio
 1.891.011.48
Interest Coverage
 2,179.093.586.52
Quick Ratio
ODFL
XPO
FDX

Profitability

Metric
ODFL
XPO
FDX
Return on Assets (Normalized)
 19.22%6.76%5.27%
Return on Equity (Normalized)
 24.69%29.93%16.63%
Return on Invested Capital (Normalized)
 24.19%11.99%7.64%
Return on Assets
ODFL
XPO
FDX

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