OLD DOMINION FREIGHT LINE (ODFL) Stock Fundamental Analysis
NASDAQ:ODFL - US6795801009 - Common Stock
155.732 USD
+0.26 (+0.17%)
Overall ODFL gets a fundamental rating of 6 out of 10. We evaluated ODFL against 40 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. While showing a medium growth rate, ODFL is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
ODFL had positive earnings in the past year.
ODFL had a positive operating cash flow in the past year.
In the past 5 years ODFL has always been profitable.
In the past 5 years ODFL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ODFL (19.73%) is better than 97.50% 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 92.50% 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 95.00% 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 8.45%.
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 82.50% of its industry peers.
ODFL's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 25.39%, ODFL belongs to the top of the industry, outperforming 85.00% of the companies in the same industry.
ODFL's Operating Margin has improved in the last couple of years.
The Gross Margin of ODFL (89.46%) is better than 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.
ODFL has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ODFL has less shares outstanding
The debt/assets ratio for ODFL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 17.76 indicates that ODFL is not in any danger for bankruptcy at the moment.
ODFL has a Altman-Z score of 17.76. This is amongst the best in the industry. ODFL outperforms 97.50% of its industry peers.
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.
ODFL's Debt to FCF ratio of 0.22 is amongst the best of the industry. ODFL outperforms 100.00% of its industry peers.
ODFL has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.04, ODFL belongs to the top of the industry, outperforming 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.22 | ||
| Altman-Z | 17.76 |
ROIC/WACC2.23
WACC9.62%
2.3 Liquidity
A Current Ratio of 1.38 indicates that ODFL should not have too much problems paying its short term obligations.
ODFL's Current ratio of 1.38 is fine compared to the rest of the industry. ODFL outperforms 67.50% of its industry peers.
A Quick Ratio of 1.38 indicates that ODFL should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.38, ODFL is doing good in the industry, outperforming 70.00% of the companies in the same industry.
| 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.
ODFL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.53% yearly.
Looking at the last year, ODFL shows a decrease in Revenue. The Revenue has decreased by -5.54% in the last year.
Measured over the past years, ODFL shows a small growth in Revenue. The Revenue has been growing by 7.19% on average per year.
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
Based on estimates for the next years, ODFL will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.13% on average per year.
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-4.01%
Revenue Next 2Y1.09%
Revenue Next 3Y3.21%
Revenue Next 5Y5.77%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 30.42, which means the current valuation is very expensive for ODFL.
The rest of the industry has a similar Price/Earnings ratio as ODFL.
When comparing the Price/Earnings ratio of ODFL to the average of the S&P500 Index (27.03), we can say ODFL is valued inline with the index average.
The Price/Forward Earnings ratio is 27.34, which means the current valuation is very expensive for ODFL.
ODFL's Price/Forward Earnings ratio is in line with the industry average.
ODFL's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 27.34 |
4.2 Price Multiples
62.50% of the companies in the same industry are cheaper than ODFL, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ODFL is valued a bit cheaper than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.91 | ||
| EV/EBITDA | 18.37 |
4.3 Compensation for Growth
The excellent profitability rating of ODFL may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.84
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 2.34, 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.
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
ODFL pays out 20.96% of its income as dividend. This is a sustainable payout ratio.
ODFL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.96%
EPS Next 2Y1.94%
EPS Next 3Y6.51%
NASDAQ:ODFL (8/26/2025, 10:48:02 AM)
155.732
+0.26 (+0.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners81.92%
Inst Owner Change-12.37%
Ins Owners10.06%
Ins Owner Change4.54%
Market Cap32.73B
Analysts69.38
Price Target165.44 (6.23%)
Short Float %4.78%
Short Ratio4.8
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)-4.51%
PT rev (3m)-3.66%
EPS NQ rev (1m)-7.38%
EPS NQ rev (3m)-20.42%
EPS NY rev (1m)-4.64%
EPS NY rev (3m)-5.8%
Revenue NQ rev (1m)-2.03%
Revenue NQ rev (3m)-9.05%
Revenue NY rev (1m)-1.38%
Revenue NY rev (3m)-1.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 27.34 | ||
| P/S | 5.8 | ||
| P/FCF | 41.91 | ||
| P/OCF | 22.27 | ||
| P/B | 7.74 | ||
| P/tB | 7.74 | ||
| EV/EBITDA | 18.37 |
EPS(TTM)5.12
EY3.29%
EPS(NY)5.7
Fwd EY3.66%
FCF(TTM)3.72
FCFY2.39%
OCF(TTM)6.99
OCFY4.49%
SpS26.83
BVpS20.13
TBVpS20.13
PEG (NY)N/A
PEG (5Y)1.84
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 | 17.76 |
F-Score5
WACC9.62%
ROIC/WACC2.23
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-4.01%
Revenue Next 2Y1.09%
Revenue Next 3Y3.21%
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%