# Old Dominion Freight Line Inc. (ODFL) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Transportation Infrastructure. Price $185.87, market value $38.7 billion.

## Valuation
- **P/E (trailing): 35.7×** (5-yr avg 32.4×, 3-yr avg 33.2×). Old Dominion Freight Line Inc. trades at 35.7× trailing earnings, close to its own five-year average of 32.4×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 28.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 6.9×**. Each dollar of revenue is priced at 6.9×.
- **Price / book: 8.5×**. The shares trade at 8.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 21.2×**. Enterprise value is 21.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 2.9%** (5-yr avg 2.3%). Free cash flow equals 2.9% of the market value, above its five-year average of 2.3%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.8%**. The inverse of the P/E: 2.8% of the price is earned each year.

## Profitability
- **Operating margin: 25.8%**. 25.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 18.6%**. 18.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.7%**. 23.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 27.0%**. Return on all capital, debt included, is 27.0%: comfortably above what that capital costs.
- **Return on assets: 19.9%**. Each dollar of assets produces 19.9% of profit.

## Growth
- **Revenue growth (1 yr): -5.5%** (3-yr -4.2%/yr, 5-yr 6.5%/yr). Revenue fell 5.5% over the last year, against 6.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -11.7%** (3-yr -7.4%/yr, 5-yr 11.3%/yr). Earnings per share fell 11.7%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 1.4%/yr**. Free cash flow has compounded at 1.4% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Old Dominion Freight Line Inc. holds more cash than debt.
- **Altman Z-score: 22.94**. A Z-score of 22.94 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.62%** ($1.14 per share, trailing). Old Dominion Freight Line Inc. yields 0.62%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 23%** (21% of free cash flow). 23% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 30.0%/yr** (1-yr 7.7%). The dividend has compounded at 30.0% a year over five years, doubling roughly every 2 years at that pace.

## Analyst view
- **Analyst consensus: buy** (22 analysts). 22 analysts cover Old Dominion Freight Line Inc.; the consensus is buy, with an average price target of $230.55 (+24% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 25.5%** (YTD 18.9%, 3-mo -23.4%). The shares are up 25.5% over twelve months including dividends.
- **From 52-week high: -26.3%** (47.5% above the low). Trading 26% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 27**. An RSI of 27 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 1.04** (volatility 38%). Beta of 1.04 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ODFL · Page: https://foliofundamentals.com/stocks/odfl

Not investment advice.