Old Dominion Freight (ODFL) AI Stock Analysis

• Market Cap: $28.61B
• Dividend Yield: 0.81%
• Average Volume (3M): 2.08M
• Price to Earnings (P/E): 26.6
• Beta (1Y): 1.16
• Revenue Growth: -5.54%
• EPS Growth: -12.26%
• Country: US
• Employees: 21,817
• Sector: Industrials
• Sector Strength: 72
• Industry: Trucking
• EPS (TTM): 1.28
• Shares Outstanding: 210,168,140
• 10 Day Avg. Volume: 1,893,858
• 30 Day Avg. Volume: 2,082,785
• PEG Ratio: -12.08
• Price to Book (P/B): 8.95
• Price to Sales (P/S): 6.53
• P/FCF Ratio: 42.78
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $157.56
• Price Target Upside: 15.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18

• Rating: 73 Outperform
• Price Target: $152.00 ▲(11.66% Upside)

Old Dominion Freight's strong financial performance is the most significant factor supporting its stock score, reflecting high profitability and efficient operations. However, technical analysis indicates bearish momentum, and valuation metrics suggest the stock may be overvalued. The earnings call revealed challenges with revenue declines and increased operating ratios, impacting the overall score.

Positive Factors

Operational Efficiency

Maintaining consistent direct variable costs despite lower network density reflects strong operational efficiency, which is crucial for long-term profitability and competitiveness.

Customer Service Excellence

Exceptional customer service enhances brand reputation and customer loyalty, supporting sustainable revenue streams and competitive positioning in the LTL market.

Cash Flow Generation

Strong cash flow generation ensures the company can fund operations and strategic investments, bolstering financial stability and growth potential.

Negative Factors

Revenue Decline

A decline in revenue indicates potential challenges in market demand, which could impact future growth and profitability if not addressed.

Operating Ratio Increase

An increased operating ratio suggests higher costs relative to revenue, which may pressure margins and require strategic cost management to maintain profitability.

Volume and Demand Weakness

Weak demand and declining shipment volumes could signal broader economic challenges, potentially affecting long-term revenue and market share.

Old Dominion Freight Business Overview & Revenue Model

Company Description

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2021, it owned and operated 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers; 3 fleet maintenance centers; and 251 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

How the Company Makes Money

Old Dominion Freight Line primarily generates revenue through its LTL freight services, which involve transporting smaller shipments that do not require a full truckload. The company charges customers based on the weight, dimensions, and distance of shipments, allowing for flexible pricing structures. Key revenue streams include base freight charges, accessorial charges for additional services, and volume discounts for larger customers. Additionally, ODFL benefits from operational efficiencies and cost control measures, which enhance profit margins. Strategic partnerships with various businesses and shippers also contribute to consistent revenue growth, as the company expands its customer base and service offerings.

Old Dominion Freight Financial Statement Overview

Summary

Old Dominion Freight demonstrates strong financial health with high profitability and efficient operations. Despite a recent decline in revenue growth, the company maintains a solid balance sheet with low leverage and strong equity. Cash flow remains robust, supporting ongoing operations and potential investments.

Income Statement

Old Dominion Freight's income statement shows strong profitability with a consistent gross profit margin around 33-36% and a net profit margin around 19-21%. However, recent revenue growth has been negative, indicating a potential slowdown in sales. Despite this, the company maintains healthy EBIT and EBITDA margins, reflecting efficient operations.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio, indicating minimal leverage and strong financial stability. The return on equity remains high, showcasing effective use of shareholder funds. The equity ratio is solid, underscoring a strong capital structure.

Cash Flow

Cash flow analysis reveals a slight decline in free cash flow growth, but the company maintains a strong operating cash flow to net income ratio. The free cash flow to net income ratio is healthy, indicating good cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.64B	5.81B	5.87B	6.26B	5.26B	4.02B
Gross Profit	1.89B	2.02B	2.07B	2.26B	1.78B	1.23B
EBITDA	1.79B	1.90B	1.97B	2.12B	1.65B	1.17B
Net Income	1.10B	1.19B	1.24B	1.38B	1.03B	672.68M
Balance Sheet
Total Assets	5.55B	5.49B	5.51B	4.84B	4.82B	4.37B
Cash, Cash Equivalents and Short-Term Investments	24.06M	108.68M	433.80M	235.67M	717.00M	731.70M
Total Debt	169.99M	59.99M	79.98M	99.96M	99.95M	99.93M
Total Liabilities	1.32B	1.25B	1.25B	1.19B	1.14B	1.04B
Stockholders Equity	4.23B	4.24B	4.26B	3.65B	3.68B	3.33B
Cash Flow
Free Cash Flow	780.91M	887.97M	811.83M	916.43M	662.53M	707.94M
Operating Cash Flow	1.47B	1.66B	1.57B	1.69B	1.21B	933.02M
Investing Cash Flow	-636.54M	-751.19M	-659.82M	-547.47M	-455.29M	-551.66M
Financing Cash Flow	-883.61M	-1.23B	-661.83M	-1.42B	-696.18M	-383.50M

Old Dominion Freight Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 136.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ODFL, the sentiment is Negative. The current price of 136.13 is below the 20-day moving average (MA) of 138.81, below the 50-day MA of 143.43, and below the 200-day MA of 160.84, indicating a bearish trend. The MACD of -1.76 indicates Negative momentum. The RSI at 42.83 is Neutral, neither overbought nor oversold. The STOCH value of 18.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ODFL.

Old Dominion Freight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ODFL	―	$28.61B	26.58	26.25%	0.81%	-5.54%	-12.26%
SNDR	―	$3.97B	31.87	4.20%	1.68%	2.20%	7.86%
ARCB	―	$1.64B	10.91	12.50%	0.66%	-6.42%	25.72%
KNX	―	$7.22B	49.98	2.01%	1.57%	>-0.01%	279.47%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SAIA	―	$7.39B	25.62	12.69%	―	4.23%	-23.94%
WERN	―	$1.61B	31.81	3.65%	2.08%	-6.43%	-13.76%

Old Dominion Freight Corporate Events

Old Dominion Freight Line Reports Decline in Q3 Earnings

Old Dominion Freight Line, Inc. is a leading North American less-than-truckload (LTL) motor carrier, providing regional, inter-regional, and national LTL services through an integrated, union-free organization. The company also offers value-added services such as container drayage, truckload brokerage, and supply chain consulting.

Old Dominion Freight Announces Increased Quarterly Dividend

On October 23, 2025, Old Dominion Freight Line announced a quarterly cash dividend of $0.28 per share, marking a 7.7% increase from the previous year, payable on December 17, 2025, to shareholders recorded by December 3, 2025. This dividend declaration reflects the company’s ongoing financial strength and commitment to returning value to its shareholders, potentially enhancing its attractiveness to investors and solidifying its position in the competitive LTL industry.

The most recent analyst rating on (ODFL) stock is a Buy with a $164.00 price target. To see the full list of analyst forecasts on Old Dominion Freight stock, see the ODFL Stock Forecast page.

Old Dominion Freight Reports August Revenue Decline

On September 4, 2025, Old Dominion Freight Line reported a 4.8% decrease in revenue per day for August 2025 compared to the previous year, attributed to a 9.2% decline in LTL tons per day. Despite the volume decline, the company saw an increase in LTL revenue per hundredweight, reflecting its strong service value. President and CEO Marty Freeman highlighted the company’s capacity to handle increased volumes when demand improves, positioning Old Dominion to capture profitable market share and enhance shareholder value in the long term.

The most recent analyst rating on (ODFL) stock is a Hold with a $163.00 price target. To see the full list of analyst forecasts on Old Dominion Freight stock, see the ODFL Stock Forecast page.

Old Dominion Freight Line Reports Q2 2025 Earnings

Old Dominion Freight Line, Inc. is a leading North American less-than-truckload (LTL) motor carrier providing regional, inter-regional, and national services through a comprehensive network of service centers across the United States. The company is known for its commitment to superior service and a union-free organization structure.

Old Dominion Freight Line’s Earnings Call: Mixed Sentiment Amid Challenges

The recent earnings call for Old Dominion Freight Line presented a mixed sentiment, highlighting the company’s strong service performance and pricing discipline as key factors in maintaining yield increases. Despite a decline in revenue and volumes, the company remains optimistic about leveraging its investments and cost control measures. However, challenges persist in managing operating expenses and navigating a prolonged soft demand environment.