OLD DOMINION FREIGHT LINE (ODFL) Stock Fundamental Analysis
USA - NASDAQ:ODFL - US6795801009 - Common Stock
142.08 USD
+0.29 (+0.2%)
We assign a fundamental rating of 7 out of 10 to ODFL. ODFL was compared to 42 industry peers in the Ground Transportation industry. ODFL gets an excellent profitability rating and is at the same time showing great financial health properties. ODFL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ODFL was profitable.
ODFL had a positive operating cash flow in the past year.
Each year in the past 5 years ODFL has been profitable.
ODFL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ODFL has a Return On Assets of 19.73%. This is amongst the best in the industry. ODFL outperforms 97.62% of its industry peers.
Looking at the Return On Equity, with a value of 25.88%, ODFL belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
ODFL's Return On Invested Capital of 21.48% is amongst the best of the industry. ODFL outperforms 97.62% of its industry peers.
ODFL had an Average Return On Invested Capital over the past 3 years of 26.98%. This is significantly above the industry average of 7.92%.
The last Return On Invested Capital (21.48%) for ODFL is well below the 3 year average (26.98%), which needs to be investigated, but indicates that ODFL had better years and this may not be a problem.
| 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 83.33% of its industry peers.
In the last couple of years the Profit Margin of ODFL has grown nicely.
ODFL's Operating Margin of 25.39% is amongst the best of the industry. ODFL outperforms 85.71% of its industry peers.
ODFL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 89.46%, ODFL belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ODFL is creating value.
ODFL has less shares outstanding than it did 1 year ago.
ODFL has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ODFL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 16.45 indicates that ODFL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 16.45, ODFL belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
The Debt to FCF ratio of ODFL is 0.22, which is an excellent value as it means it would take ODFL, only 0.22 years of fcf income to pay off 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.
Looking at the Debt to Equity ratio, with a value of 0.04, ODFL belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 16.45 |
ROIC/WACC2.29
WACC9.37%
2.3 Liquidity
A Current Ratio of 1.38 indicates that ODFL should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.38, ODFL is in the better half of the industry, outperforming 69.05% of the companies in the same industry.
A Quick Ratio of 1.38 indicates that ODFL should not have too much problems paying its short term obligations.
ODFL has a Quick ratio of 1.38. This is in the better half of the industry: ODFL outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The earnings per share for ODFL have decreased strongly by -12.25% in the last year.
The Earnings Per Share has been growing by 16.53% on average over the past years. This is quite good.
Looking at the last year, ODFL shows a decrease in Revenue. The Revenue has decreased by -5.54% in the last year.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)-12.25%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-14.19%
Revenue 1Y (TTM)-5.54%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-6.07%
3.2 Future
The Earnings Per Share is expected to grow by 10.13% on average over the next years. This is quite good.
ODFL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.77% yearly.
EPS Next Y-9.65%
EPS Next 2Y1.94%
EPS Next 3Y6.51%
EPS Next 5Y10.13%
Revenue Next Year-4.18%
Revenue Next 2Y0.96%
Revenue Next 3Y3.18%
Revenue Next 5Y5.77%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 27.75 indicates a quite expensive valuation of ODFL.
Compared to the rest of the industry, the Price/Earnings ratio of ODFL indicates a somewhat cheap valuation: ODFL is cheaper than 61.90% of the companies listed in the same industry.
ODFL is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 24.95, the valuation of ODFL can be described as rather expensive.
ODFL's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of ODFL to the average of the S&P500 Index (22.70), we can say ODFL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.75 | ||
| Fwd PE | 24.95 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ODFL.
Based on the Price/Free Cash Flow ratio, ODFL is valued a bit cheaper than the industry average as 69.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.24 | ||
| EV/EBITDA | 16.76 |
4.3 Compensation for Growth
ODFL has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.68
EPS Next 2Y1.94%
EPS Next 3Y6.51%
5. Dividend
5.1 Amount
With a yearly dividend of 0.75%, ODFL is not a good candidate for dividend investing.
ODFL's Dividend Yield is comparable with the industry average which is at 1.59.
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 | 0.75% |
5.2 History
On average, the dividend of ODFL grows each year by 35.65%, which is quite nice.
ODFL has been paying a dividend for over 5 years, so it has already some track record.
ODFL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)35.65%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
ODFL pays out 20.96% of its income as dividend. This is a sustainable payout ratio.
The dividend of ODFL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP20.96%
EPS Next 2Y1.94%
EPS Next 3Y6.51%
NASDAQ:ODFL (9/18/2025, 1:43:05 PM)
142.08
+0.29 (+0.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners81.92%
Inst Owner Change-12.36%
Ins Owners10.06%
Ins Owner Change4.14%
Market Cap29.86B
Analysts69.38
Price Target164.63 (15.87%)
Short Float %5.74%
Short Ratio5.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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)-0.49%
PT rev (3m)-4.56%
EPS NQ rev (1m)-0.02%
EPS NQ rev (3m)-9.29%
EPS NY rev (1m)-4.64%
EPS NY rev (3m)-5.8%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)-3.02%
Revenue NY rev (1m)-1.44%
Revenue NY rev (3m)-1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.75 | ||
| Fwd PE | 24.95 | ||
| P/S | 5.3 | ||
| P/FCF | 38.24 | ||
| P/OCF | 20.31 | ||
| P/B | 7.06 | ||
| P/tB | 7.06 | ||
| EV/EBITDA | 16.76 |
EPS(TTM)5.12
EY3.6%
EPS(NY)5.7
Fwd EY4.01%
FCF(TTM)3.72
FCFY2.62%
OCF(TTM)6.99
OCFY4.92%
SpS26.83
BVpS20.13
TBVpS20.13
PEG (NY)N/A
PEG (5Y)1.68
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%
ROICexcg growth 3Y-5.87%
ROICexcg 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 | 16.45 |
F-Score5
WACC9.37%
ROIC/WACC2.29
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)-12.25%
EPS 3Y7.23%
EPS 5Y16.53%
EPS Q2Q%-14.19%
EPS Next Y-9.65%
EPS Next 2Y1.94%
EPS Next 3Y6.51%
EPS Next 5Y10.13%
Revenue 1Y (TTM)-5.54%
Revenue growth 3Y3.42%
Revenue growth 5Y7.19%
Sales Q2Q%-6.07%
Revenue Next Year-4.18%
Revenue Next 2Y0.96%
Revenue Next 3Y3.18%
Revenue Next 5Y5.77%
EBIT growth 1Y-14.47%
EBIT growth 3Y3.52%
EBIT growth 5Y13.53%
EBIT Next Year12.24%
EBIT Next 3Y12.66%
EBIT Next 5Y11.92%
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%