ODFL Industrials

Old Dominion Freight Line, Inc.

$177.68+0.82%

Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026

Basics

Sector: Industrials
Industry: Trucking
Country: United States
Market cap: 37.0B USD
Enterprise value: 38.7B USD
Full-time employees: 20,173

Overall health

Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: its share price swings more than most peers’ (beta 1.20 vs a peer median of 0.64)bigger price swings (beta 1.20 vs peers 0.64)
About average: risk (debt, liquidity and share-price swings)risk

Ranks #1,016 of 2,308 industrials companies (top 45%)

See how it ranks against its peers

Worth knowing

Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.
Old Dominion Freight Line's fiscal-year revenue declined in each of the three years to 2025.
Share count shrinking. Shares outstanding down 5.9% from December 2022 to July 2026.
Old Dominion Freight Line had 5.9% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Profit is backed by cash. Free cash flow is 102% of reported profit.
Old Dominion Freight Line's free cash flow is 102% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Wide margins. Operating margin 26% (12 months to Jun 2026) vs a peer median of 7.7%.Operating margin 26% vs peers 7.7%.
Old Dominion Freight Line keeps 26% of revenue as operating profit, more than 94% of peers (median 7.7%).

StockQuotient Score

54/ 100▲ 1 since Oct 27 close

Oct 5 54 → Nov 4 54

Valuation

Is the price right?

36/100

Weak▲ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 35 → 36

Share price -5.0%+2
Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield3.0%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.28Sector median: 0.0377 · MAD: 0.0294

EBITDA yield5.0%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.47Sector median: 0.0695 · MAD: 0.0425

Free cash flow yield3.0%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.18Sector median: 0.0370 · MAD: 0.0370

Other data (not scored)

Book yield12.3%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5027 · MAD: 0.2823

Growth

Is it growing?

30/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 2.7%

Why

Weaker than most peers on:

▼ 3-yr revenue
▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth0.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.25Sector median: 0.0709 · MAD: 0.2481

3-year revenue growth-2.0%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.99Sector median: 0.0421 · MAD: 0.0625

Revenue growth-0.6%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.66Sector median: 0.0439 · MAD: 0.0766

Profitability

Does it earn well?

98/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ ROA
▲ Operating margin
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin25.8%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 3.57Sector median: 0.0773 · MAD: 0.0507

Return on assets19.0%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.33Sector median: 0.0311 · MAD: 0.0241

Return on invested capital26.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 3.50Sector median: 0.0715 · MAD: 0.0558

Other data (not scored)

Gross margin39.6%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038

Return on equity24.0%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ Debt / equity
▲ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.20

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.04Sector median: 0.6440 · MAD: 0.2745

Current ratio1.89×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.51Sector median: 1.6180 · MAD: 0.5360

Debt / equity<0.01×

SEC filings · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score 1.17Sector median: 0.4019 · MAD: 0.3378

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Old Dominion Freight Line

Is Old Dominion Freight Line getting weaker?: Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is 54/100, up 1 since Oct 28, 2026.
How is Old Dominion Freight Line valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 36/100 against 2,459 industrials peers. EBITDA yield 5.0% vs a peer median of 6.9% (weaker than 64% of peers).EBITDA yield 5.0% vs peers 6.9% (weaker than 64% of peers).
Is Old Dominion Freight Line growing?: More slowly than most of its peers. Growth scores 30/100 against 2,459 industrials peers. 3-year revenue growth -2.0% vs a peer median of 4.2% (weaker than 75% of peers).3-year revenue growth -2.0% vs peers 4.2% (weaker than 75% of peers).
How profitable is Old Dominion Freight Line?: More profitable than most of its peers. Profitability scores 98/100 against 2,459 industrials peers. Return on assets 19.0% vs a peer median of 3.1% (stronger than 95% of peers).Return on assets 19.0% vs peers 3.1% (stronger than 95% of peers).
How risky is Old Dominion Freight Line?: Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity <0.01× vs a peer median of 0.40× (stronger than 95% of peers).Debt / equity <0.01× vs peers 0.40× (stronger than 95% of peers). Beta 1.20 vs a peer median of 0.64 (weaker than 84% of peers).Beta 1.20 vs peers 0.64 (weaker than 84% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	5.5B USD	5.6B USD	+2.7%
Net income (12 months)	1.0B USD	1.1B USD	+8.1%
Operating margin	24.6%	25.8%	+1.3 pts
Free cash flow (12 months)	1.0B USD	1.1B USD	+9.5%
Debt	40.0M USD	20.0M USD	−50.0%
Cash	288.1M USD	283.9M USD	−1.4%
Shares outstanding	208.0M	207.4M	−0.3%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Industrials · 318 companies

Valuations in Industrials are near the top of their range since 2016.

85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.

2016Shaded: most expensive fifth of its range2026

Shown for Industrials: too few Trucking companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	26.5%	29.4%	28.0%	26.6%	24.8%	▼ 1.8 pts
Net margin	19.7%	22.0%	21.1%	20.4%	18.6%	▼ 1.8 pts
Return on assets (ROA)	21.5%	28.5%	22.5%	21.6%	18.7%	▼ 2.9 pts
Return on equity (ROE)	28.1%	37.7%	29.1%	27.9%	23.7%	▼ 4.2 pts
Free cash flow margin	12.6%	14.6%	13.8%	15.3%	17.4%	▲ 2.1 pts
Current ratio	2.98×	1.76×	2.10×	1.33×	1.44×	▲ 7.7%
Debt to equity	0.03×	0.03×	0.02×	0.01×	0.01×	▼ 34%

ODFL price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: its share price swings more than most peers’ (beta 1.20 vs a peer median of 0.64)bigger price swings (beta 1.20 vs peers 0.64)

About average: risk (debt, liquidity and share-price swings)risk

Ranks #1,016 of 2,308 industrials companies (top 45%)

See how it ranks against its peers

Worth knowing

Annual revenue fell three years running. Fiscal-year revenue down each year from 2022 to 2025.

Old Dominion Freight Line's fiscal-year revenue declined in each of the three years to 2025.

Share count shrinking. Shares outstanding down 5.9% from December 2022 to July 2026.

Old Dominion Freight Line had 5.9% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

Profit is backed by cash. Free cash flow is 102% of reported profit.

Old Dominion Freight Line's free cash flow is 102% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

Wide margins. Operating margin 26% (12 months to Jun 2026) vs a peer median of 7.7%.Operating margin 26% vs peers 7.7%.

Old Dominion Freight Line keeps 26% of revenue as operating profit, more than 94% of peers (median 7.7%).

Questions investors ask about Old Dominion Freight Line

Is Old Dominion Freight Line getting weaker?

Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is 54/100, up 1 since Oct 28, 2026.

How is Old Dominion Freight Line valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 36/100 against 2,459 industrials peers. EBITDA yield 5.0% vs a peer median of 6.9% (weaker than 64% of peers).EBITDA yield 5.0% vs peers 6.9% (weaker than 64% of peers).

Is Old Dominion Freight Line growing?

More slowly than most of its peers. Growth scores 30/100 against 2,459 industrials peers. 3-year revenue growth -2.0% vs a peer median of 4.2% (weaker than 75% of peers).3-year revenue growth -2.0% vs peers 4.2% (weaker than 75% of peers).

How profitable is Old Dominion Freight Line?

More profitable than most of its peers. Profitability scores 98/100 against 2,459 industrials peers. Return on assets 19.0% vs a peer median of 3.1% (stronger than 95% of peers).Return on assets 19.0% vs peers 3.1% (stronger than 95% of peers).

How risky is Old Dominion Freight Line?

Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity <0.01× vs a peer median of 0.40× (stronger than 95% of peers).Debt / equity <0.01× vs peers 0.40× (stronger than 95% of peers). Beta 1.20 vs a peer median of 0.64 (weaker than 84% of peers).Beta 1.20 vs peers 0.64 (weaker than 84% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

5.5B USD

5.6B USD

+2.7%

Net income (12 months)

1.0B USD

1.1B USD

+8.1%

Operating margin

24.6%

25.8%

+1.3 pts

Free cash flow (12 months)

1.0B USD

1.1B USD

+9.5%

Debt

40.0M USD

20.0M USD

−50.0%

Cash

288.1M USD

283.9M USD

−1.4%

Shares outstanding

208.0M

207.4M

−0.3%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

26.5%

29.4%

28.0%

26.6%

24.8%

▼ 1.8 pts

Net margin

19.7%

22.0%

21.1%

20.4%

18.6%

▼ 1.8 pts

Return on assets (ROA)

21.5%

28.5%

22.5%

21.6%

18.7%

▼ 2.9 pts

Return on equity (ROE)

28.1%

37.7%

29.1%

27.9%

23.7%

▼ 4.2 pts

Free cash flow margin

12.6%

14.6%

13.8%

15.3%

17.4%

▲ 2.1 pts

Current ratio

2.98×

1.76×

2.10×

1.33×

1.44×

▲ 7.7%

Debt to equity

0.03×

0.02×

0.01×

▼ 34%