Old Dominion Freight Line, Inc. (ODFL)
Industrials · Cargo Ground Transportation · US stock · S&P 500 component
$187.72
▼ -1.16 (0.61%)
Fair valueOvervalued
$144 −23.4% to fair value
$72fair band $101–$187$216
Day's range
$185.25 – $191.17
52-week range
$125.23 – $251.64
About Old Dominion Freight Line, Inc.
Old Dominion Freight Line is a trucking company specialising in less-than-truckload freight, where shipments from many customers are combined on trucks. It moves palletised goods through a network of service centres, linehaul tractors and trailers across the United States. Its customers are manufacturers, distributors and retailers shipping goods in loads too small to fill a trailer, and the company operates one integrated network instead of separate regional carriers.
Revenue comes from freight charges based on weight, distance and service level. Sales were $5.6 billion over the last twelve months, but growth was -4.2% a year over the last three years. The operating margin is 25.8%, and the business earns a profit of 25% on the capital invested in it. Net debt is -0.1 times EBITDA, meaning it holds more cash than debt. A dividend is paid, with a yield of 0.6%. On the site's X-Ray Score it receives 48 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $125.23 – $251.64Volume 1,681,300Daily, split-adjusted
Vitals
Market cap$39.2B
52-week range$125.23 – $251.64
Volume (last day)1,681,300
P/E (TTM)36.2
EBIT / EV yield3.7%
Free-cash-flow yield2.8%
Dividend yield0.6%
Revenue (TTM)$5.6B
Net income (TTM)$1.1B
Operating margin25.8%
Return on capital25.4%
Debt incl. leases$20M
Cash & securities$284M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$144model spread $136 – $153
Overvalued
−23.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $188
Undervalued < $101Fair $101 – $187Overvalued > $187
10-year DCF (market-scaled)
$155
Peer multiples
$146
Earnings power floor (not blended)
$63
Fundamentals-adjusted multiple
$131
Growth the price implies
19.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Healthy business, but priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
25/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.7%
Free-cash-flow yield2.8%
Fair value vs price0.8×
Growth
Weak
12/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-4.2%
EPS growth (3y)-7.4%
Growth consistency30%
Profitability
Strong
72/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital25.4%
Operating margin25.8%
Financial health
Strong
74/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA-0.1×
Interest coverNo interest cost
Dividends
Fair
65/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.6%
Dividends vs free cash flow22%
Dividend growth20.6%
Quarterly results: last 6 quarters
-5.8%
Mar '25
-6.1%
Jun '25
-4.3%
Sep '25
-5.7%
Dec '25
-2.9%
Mar '26
+10.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.6B, diluted EPS $1.68.
Compare with peers
JBHT Hunt J B Transport Ser...48Other Cargo Ground Transportation companies by X-Ray Score.
Fundamentals checklist
● 7 Good · ● 1 Average · ● 7 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 51/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $5.3B | $6.3B | $5.9B | $5.8B | $5.5B |
| Operating income | $1.4B | $1.8B | $1.6B | $1.5B | $1.4B |
| Net income | $1.0B | $1.4B | $1.2B | $1.2B | $1.0B |
| Operating cash flow | $1.2B | $1.7B | $1.6B | $1.7B | $1.4B |
| Operating margin | 26.5% | 29.4% | 28.0% | 26.6% | 24.8% |
| Free cash flow | $663M | $916M | $812M | $888M | $955M |
| Diluted EPS | $8.89 | $6.09 | $5.63 | $5.48 | $4.84 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 1 neutral · 10 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 182.3 | Bullish |
| EMA 10 | 183.3 | Bullish |
| SMA 20 | 179.4 | Bullish |
| EMA 20 | 182.3 | Bullish |
| SMA 50 | 189.1 | Bearish |
| EMA 50 | 189.2 | Bearish |
| SMA 100 | 207.7 | Bearish |
| EMA 100 | 196.1 | Bearish |
| SMA 200 | 200.5 | Bearish |
| EMA 200 | 194.2 | Bearish |
Oscillators (daily)
| RSI (14) | 57.51 | Neutral |
| MACD (12, 26) | -0.36 | Bearish |
| Momentum (12) | 7.98 | Bullish |
| Stochastic %K (14) | 81.27 | Bearish |
| Williams %R (14) | -18.73 | Bearish |
| CCI (20) | 184.2 | Bearish |
Pivot points (classic, last session)
S3 179.0 | S2 182.1 | S1 184.9 | Pivot 188.0 | R1 190.8 | R2 194.0 | R3 196.8 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.15 USD
Yield on today's price
0.61%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 2 Sep 2026 | 0.2900 |
| 3 Jun 2026 | 0.2900 |
| 4 Mar 2026 | 0.2900 |
| 3 Dec 2025 | 0.2800 |
| 3 Sep 2025 | 0.2800 |
| 4 Jun 2025 | 0.2800 |
| 5 Mar 2025 | 0.2800 |
| 4 Dec 2024 | 0.2600 |
| 4 Sep 2024 | 0.2600 |
| 5 Jun 2024 | 0.2600 |
| 5 Mar 2024 | 0.5200 |
| 5 Dec 2023 | 0.4000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ODFL SEC filings
22 Sep 2026
8-KSEC EDGAR
Director or officer change
3 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure
5 Aug 2026
10-QSEC EDGAR
Quarterly report
29 Jul 2026
8-KSEC EDGAR
Results of operations
23 Jul 2026
8-KSEC EDGAR
Other events
3 Jun 2026
8-KSEC EDGAR
Regulation FD disclosure
21 May 2026
8-KSEC EDGAR
Shareholder vote results; Other events
6 May 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.