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Old Dominion Freight Line Inc Ordinary Shares ODFL Stock Quote

Morningstar Rating
| Rating as of

NASDAQ: ODFL

Last close prices updated as of Feb 03, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 371.01
  • Sector Industrials
  • Industry Trucking
  • Investment Style Mid Growth
  • Day Range 357.71  –  375.81
  • Year Range 231.31  –  374.13
  • Market Cap 40.9898 Bil
  • Volume / Avg 1.0 Mil /  841,449.1
  • Price / Sales 6.70
  • Price / Book 11.22
  • Forward Div Yield 0.43%
  • Trailing Div Yield 0.43%

Morningstar‘s Stock Analysis ODFL

Valuation
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Is it the right time to buy or sell?
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Is it the right time to buy or sell?
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1-Star Price

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5-Star Price

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Economic Moat

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Capital Allocation

INVESTOR

Old Dominion's Fourth-Quarter Margins Impressive Despite Freight Downturn

Matthew Young Senior Equity Analyst

Business Strategy and Outlook

| Matthew Young |

Following impressive growth over the past decade, Old Dominion Freight Line is now the fourth-largest U.S. less-than-truckload, or LTL, carrier by revenue and the clear industry leader in terms of execution, freight selection, and service quality, which is no small factor for shippers. Even during the Great Recession, OD kept its head above water via impressive pricing discipline While other carriers slashed rates dramatically, Old Dominion held firm, keeping core revenue per hundredweight flat.

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Key Statistics ODFL

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Company Profile ODFL

Business Description

Old Dominion Freight Line is the fourth-largest less-than-truckload carrier in the United States, with more than 240 service centers and 9,200-plus tractors. It is by far one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Contact
500 Old Dominion Way
Thomasville, NC, 27360
Sector Industrials
Industry Trucking
Employees 23,663

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FAQs for Old Dominion Freight Line Inc Ordinary Shares Stock

Yes. ODFL has a forward dividend yield of 0.43%. See ODFL’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ODFL’s market cap is 40.99 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ODFL’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ODFL’s price/sales is 6.70.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

ODFL’s price/forward earnings is 29.59.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

ODFL’s price/book is 11.22.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See ODFL’s valuation ratios compared to the Market Index.

ODFL’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ODFL’s historical performance against its industry peers and the overall market.