Old Dominion Freight (ODFL) AI Stock Analysis

• Market Cap: $28.08B
• Dividend Yield: 0.81%
• Average Volume (3M): 2.12M
• Price to Earnings (P/E): 27.0
• Beta (1Y): 1.11
• Revenue Growth: -5.90%
• EPS Growth: -13.16%
• Country: US
• Employees: 21,817
• Sector: Industrials
• Sector Strength: 72
• Industry: Trucking
• EPS (TTM): 1.28
• Shares Outstanding: 209,098,430
• 10 Day Avg. Volume: 1,880,241
• 30 Day Avg. Volume: 2,121,605
• 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: 1.06
• Enterprise Value/Revenue: 5.33
• Enterprise Value/Gross Profit: 16.15
• Enterprise Value/Ebitda: 16.96
• 1Y Price Target: $158.31
• Price Target Upside: 17.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 15
• EPS Forecast (FY): 4.81
• Revenue Forecast (FY): $5.49B

• Rating: 70 Outperform
• Price Target: $152.00 ▲(13.20% Upside)

Old Dominion Freight's strong financial health and operational efficiency are key strengths, but challenges in revenue growth and a bearish technical outlook weigh on the score. The stock's high valuation and modest dividend yield further impact its attractiveness.

Positive Factors

Operational Efficiency

High service standards and operational efficiency strengthen customer trust and competitive positioning, supporting long-term growth.

Cash Generation

Strong cash flow generation provides financial flexibility for strategic investments and resilience against economic fluctuations.

Cost Management

Effective cost management helps maintain profitability and supports margin sustainability, crucial for long-term financial health.

Negative Factors

Revenue Decline

Declining revenue indicates challenges in market demand, potentially affecting future growth and profitability.

Operating Ratio Increase

An increased operating ratio suggests reduced operational efficiency, impacting profit margins and financial performance.

Continued Demand Weakness

Ongoing demand weakness could hinder revenue recovery and growth, posing a risk to long-term market position.

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 generates revenue primarily through its LTL transportation services, which involve consolidating shipments from multiple customers into a single truckload for more efficient delivery. The company charges customers based on weight, distance, and type of service required, leading to varied pricing structures. Key revenue streams include base freight charges, fuel surcharges, and additional services such as expedited shipping and logistics solutions. ODFL also benefits from long-term customer relationships and contracts, which provide a stable income base. Strategic investments in technology and an extensive network of terminals and service centers further enhance operational efficiency, contributing to profitability.

Old Dominion Freight Financial Statement Overview

Summary

Old Dominion Freight demonstrates strong financial health with robust profitability and efficient cash flow management. Despite challenges in revenue growth, its low leverage and strong equity position provide a stable financial base.

Income Statement

Old Dominion Freight shows strong profitability with a consistent gross profit margin around 33-36% and a net profit margin of approximately 19-21%. However, recent revenue growth has been negative, indicating challenges in expanding sales. The EBIT and EBITDA margins are robust, reflecting efficient operations despite the revenue decline.

Balance Sheet

The company maintains a very low debt-to-equity ratio, indicating minimal leverage and financial stability. Return on equity is strong, showcasing effective use of equity to generate profits. The equity ratio is healthy, suggesting a solid financial foundation with a significant portion of assets financed by equity.

Cash Flow

Operating cash flow is strong relative to net income, indicating good cash generation from operations. Free cash flow has grown positively, although the growth rate has fluctuated. The free cash flow to net income ratio is solid, reflecting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.57B	5.81B	5.87B	6.26B	5.26B	4.02B
Gross Profit	1.84B	2.02B	2.07B	2.26B	1.78B	1.23B
EBITDA	1.75B	1.90B	1.97B	2.12B	1.65B	1.17B
Net Income	1.06B	1.19B	1.24B	1.38B	1.03B	672.68M
Balance Sheet
Total Assets	5.52B	5.49B	5.51B	4.84B	4.82B	4.37B
Cash, Cash Equivalents and Short-Term Investments	46.59M	108.68M	433.80M	235.67M	717.00M	731.70M
Total Debt	84.99M	168.29M	79.98M	99.96M	99.95M	99.93M
Total Liabilities	1.25B	1.25B	1.25B	1.19B	1.14B	1.04B
Stockholders Equity	4.26B	4.24B	4.26B	3.65B	3.68B	3.33B
Cash Flow
Free Cash Flow	920.72M	887.97M	811.83M	916.43M	662.53M	707.94M
Operating Cash Flow	1.46B	1.66B	1.57B	1.69B	1.21B	933.02M
Investing Cash Flow	-525.19M	-751.19M	-659.82M	-547.47M	-455.29M	-551.66M
Financing Cash Flow	-963.28M	-1.23B	-661.83M	-1.42B	-696.18M	-383.50M

Old Dominion Freight Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 134.28
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ODFL, the sentiment is Neutral. The current price of 134.28 is below the 20-day moving average (MA) of 135.82, below the 50-day MA of 138.41, and below the 200-day MA of 156.41, indicating a bearish trend. The MACD of -2.58 indicates Positive momentum. The RSI at 47.54 is Neutral, neither overbought nor oversold. The STOCH value of 20.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ODFL.

Old Dominion Freight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ODFL	70 Outperform	$28.08B	27.01	25.06%	0.81%	-5.90%	-13.16%
KNX	64 Neutral	$6.77B	47.66	2.01%	1.51%	>-0.01%	279.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SAIA	63 Neutral	$6.75B	23.66	11.92%	―	1.96%	-24.55%
ARCB	61 Neutral	$1.42B	15.00	7.40%	0.76%	-5.34%	-48.16%
SNDR	57 Neutral	$3.64B	32.03	3.81%	1.68%	5.46%	2.31%
WERN	55 Neutral	$1.57B	64.63	1.78%	2.37%	-3.42%	-43.86%

Old Dominion Freight Corporate Events

Old Dominion Freight Line Navigates Revenue Challenges with Strong Operational Focus

Old Dominion Freight Line’s recent earnings call conveyed a mixed sentiment, underscoring the company’s robust operational efficiencies and customer service excellence amid challenges such as revenue declines and rising operating ratios due to softer demand. Despite a tough macroeconomic landscape, the company remained steadfast in its pricing discipline and cost management strategies.

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.