OLD DOMINION FREIGHT LINE (ODFL) Stock Fundamental Analysis
USA - NASDAQ:ODFL - US6795801009 - Common Stock
136.285 USD
-1.22 (-0.89%)
We assign a fundamental rating of 6 out of 10 to ODFL. ODFL was compared to 43 industry peers in the Ground Transportation industry. ODFL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ODFL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ODFL was profitable.
ODFL had a positive operating cash flow in the past year.
ODFL had positive earnings in each of the past 5 years.
In the past 5 years ODFL always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 19.73%, ODFL belongs to the best of the industry, outperforming 97.67% of the companies in the same industry.
With an excellent Return On Equity value of 25.88%, ODFL belongs to the best of the industry, outperforming 95.35% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 21.48%, ODFL belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
ODFL had an Average Return On Invested Capital over the past 3 years of 26.98%. This is significantly above the industry average of 7.72%.
The 3 year average ROIC (26.98%) for ODFL is well above the current ROIC(21.48%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.73% | ||
| ROE | 25.88% | ||
| ROIC | 21.48% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
1.3 Margins
ODFL has a better Profit Margin (19.42%) than 83.72% of its industry peers.
In the last couple of years the Profit Margin of ODFL has grown nicely.
The Operating Margin of ODFL (25.39%) is better than 86.05% of its industry peers.
In the last couple of years the Operating Margin of ODFL has grown nicely.
ODFL's Gross Margin of 89.46% is amongst the best of the industry. ODFL outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of ODFL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.39% | ||
| PM (TTM) | 19.42% | ||
| GM | 89.46% |
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ODFL is creating value.
Compared to 1 year ago, ODFL has less shares outstanding
The number of shares outstanding for ODFL has been reduced compared to 5 years ago.
The debt/assets ratio for ODFL has been reduced compared to a year ago.
2.2 Solvency
ODFL has an Altman-Z score of 16.04. This indicates that ODFL is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 16.04, ODFL belongs to the top of the industry, outperforming 97.67% of the companies in the same industry.
ODFL has a debt to FCF ratio of 0.22. This is a very positive value and a sign of high solvency as it would only need 0.22 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.22, ODFL belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 0.04 indicates that ODFL is not too dependend on debt financing.
ODFL's Debt to Equity ratio of 0.04 is amongst the best of the industry. ODFL outperforms 90.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 16.04 |
ROIC/WACC2.3
WACC9.36%
2.3 Liquidity
A Current Ratio of 1.38 indicates that ODFL should not have too much problems paying its short term obligations.
The Current ratio of ODFL (1.38) is better than 69.77% of its industry peers.
ODFL has a Quick Ratio of 1.38. This is a normal value and indicates that ODFL is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ODFL (1.38) is better than 72.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
ODFL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.11%.
The Earnings Per Share has been growing by 16.53% on average over the past years. This is quite good.
ODFL shows a decrease in Revenue. In the last year, the revenue decreased by -5.90%.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
3.2 Future
Based on estimates for the next years, ODFL will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.99% on average per year.
ODFL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.70% yearly.
EPS Next Y-10.44%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
EPS Next 5Y9.99%
Revenue Next Year-5.46%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.17%
Revenue Next 5Y5.7%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ODFL is valuated quite expensively with a Price/Earnings ratio of 27.42.
Based on the Price/Earnings ratio, ODFL is valued a bit cheaper than the industry average as 62.79% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.51. ODFL is around the same levels.
Based on the Price/Forward Earnings ratio of 25.35, the valuation of ODFL can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as ODFL.
The average S&P500 Price/Forward Earnings ratio is at 22.53. ODFL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.42 | ||
| Fwd PE | 25.35 |
4.2 Price Multiples
ODFL's Enterprise Value to EBITDA ratio is in line with the industry average.
ODFL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ODFL is cheaper than 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.68 | ||
| EV/EBITDA | 16.25 |
4.3 Compensation for Growth
The excellent profitability rating of ODFL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.66
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
5. Dividend
5.1 Amount
ODFL has a yearly dividend return of 0.81%, which is pretty low.
Compared to an average industry Dividend Yield of 1.69, ODFL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, ODFL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
5.2 History
The dividend of ODFL is nicely growing with an annual growth rate of 35.65%!
ODFL has been paying a dividend for over 5 years, so it has already some track record.
As ODFL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)35.65%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
20.96% of the earnings are spent on dividend by ODFL. This is a low number and sustainable payout ratio.
ODFL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.96%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
NASDAQ:ODFL (11/4/2025, 9:57:42 AM)
136.285
-1.22 (-0.89%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners79.5%
Inst Owner Change-0.86%
Ins Owners10.11%
Ins Owner Change3.17%
Market Cap28.64B
Revenue(TTM)5.57B
Net Income(TTM)1.10B
Analysts70
Price Target162.57 (19.29%)
Short Float %6.12%
Short Ratio5.71
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.81% |
Yearly Dividend1.04
Dividend Growth(5Y)35.65%
DP20.96%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.69%
Min EPS beat(2)-3.34%
Max EPS beat(2)1.96%
EPS beat(4)2
Avg EPS beat(4)0.26%
Min EPS beat(4)-3.34%
Max EPS beat(4)3.51%
EPS beat(8)4
Avg EPS beat(8)0.49%
EPS beat(12)6
Avg EPS beat(12)0.82%
EPS beat(16)10
Avg EPS beat(16)1.62%
Revenue beat(2)0
Avg Revenue beat(2)-2.18%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)-1.66%
Revenue beat(4)0
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-3.4%
Max Revenue beat(4)-1.5%
Revenue beat(8)0
Avg Revenue beat(8)-2.31%
Revenue beat(12)0
Avg Revenue beat(12)-2.67%
Revenue beat(16)3
Avg Revenue beat(16)-1.93%
PT rev (1m)-1.26%
PT rev (3m)-6.17%
EPS NQ rev (1m)-1.51%
EPS NQ rev (3m)-3.91%
EPS NY rev (1m)-1.28%
EPS NY rev (3m)-6.12%
Revenue NQ rev (1m)-0.76%
Revenue NQ rev (3m)-1.31%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.42 | ||
| Fwd PE | 25.35 | ||
| P/S | 5.08 | ||
| P/FCF | 36.68 | ||
| P/OCF | 19.49 | ||
| P/B | 6.77 | ||
| P/tB | 6.77 | ||
| EV/EBITDA | 16.25 |
EPS(TTM)4.97
EY3.65%
EPS(NY)5.38
Fwd EY3.94%
FCF(TTM)3.72
FCFY2.73%
OCF(TTM)6.99
OCFY5.13%
SpS26.83
BVpS20.13
TBVpS20.13
PEG (NY)N/A
PEG (5Y)1.66
Graham Number47.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.73% | ||
| ROE | 25.88% | ||
| ROCE | 28.39% | ||
| ROIC | 21.48% | ||
| ROICexc | 21.59% | ||
| ROICexgc | 21.59% | ||
| OM | 25.39% | ||
| PM (TTM) | 19.42% | ||
| GM | 89.46% | ||
| FCFM | 13.85% |
ROA(3y)24.18%
ROA(5y)21.88%
ROE(3y)31.58%
ROE(5y)28.62%
ROIC(3y)26.98%
ROIC(5y)24.46%
ROICexc(3y)28.57%
ROICexc(5y)27.14%
ROICexgc(3y)28.57%
ROICexgc(5y)27.14%
ROCE(3y)35.64%
ROCE(5y)32.31%
ROICexgc growth 3Y-5.87%
ROICexgc growth 5Y4.54%
ROICexc growth 3Y-5.87%
ROICexc growth 5Y4.67%
OM growth 3Y0.1%
OM growth 5Y5.91%
PM growth 3Y1.2%
PM growth 5Y6.37%
GM growth 3Y-0.05%
GM growth 5Y0.13%
F-Score5
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Debt/EBITDA | 0.08 | ||
| Cap/Depr | 193.93% | ||
| Cap/Sales | 12.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.25% | ||
| Profit Quality | 71.32% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 16.04 |
F-Score5
WACC9.36%
ROIC/WACC2.3
Cap/Depr(3y)246.01%
Cap/Depr(5y)207.17%
Cap/Sales(3y)12.85%
Cap/Sales(5y)10.93%
Profit Quality(3y)68.97%
Profit Quality(5y)75.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-13.11%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-10.49%
EPS Next Y-10.44%
EPS Next 2Y-0.95%
EPS Next 3Y4.56%
EPS Next 5Y9.99%
Revenue 1Y (TTM)-5.9%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-4.33%
Revenue Next Year-5.46%
Revenue Next 2Y-0.74%
Revenue Next 3Y2.17%
Revenue Next 5Y5.7%
EBIT growth 1Y-14.47%
EBIT growth 3Y3.52%
EBIT growth 5Y13.53%
EBIT Next Year11.67%
EBIT Next 3Y12.38%
EBIT Next 5Y11.77%
FCF growth 1Y20.65%
FCF growth 3Y10.25%
FCF growth 5Y11.97%
OCF growth 1Y-6.89%
OCF growth 3Y11.02%
OCF growth 5Y11.02%
OLD DOMINION FREIGHT LINE / ODFL FAQ
What is the fundamental rating for ODFL stock?
ChartMill assigns a fundamental rating of 6 / 10 to ODFL.
Can you provide the valuation status for OLD DOMINION FREIGHT LINE?
ChartMill assigns a valuation rating of 4 / 10 to OLD DOMINION FREIGHT LINE (ODFL). This can be considered as Fairly Valued.
What is the profitability of ODFL stock?
OLD DOMINION FREIGHT LINE (ODFL) has a profitability rating of 9 / 10.
What are the PE and PB ratios of OLD DOMINION FREIGHT LINE (ODFL) stock?
The Price/Earnings (PE) ratio for OLD DOMINION FREIGHT LINE (ODFL) is 27.42 and the Price/Book (PB) ratio is 6.77.
What is the expected EPS growth for OLD DOMINION FREIGHT LINE (ODFL) stock?
The Earnings per Share (EPS) of OLD DOMINION FREIGHT LINE (ODFL) is expected to decline by -10.44% in the next year.