Old Dominion Freight Line, Inc. (ODFL)

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the company operates fleet maintenance centers. As of December 31, 2025, it owned and operated 10,184 tractors, 30,824 linehaul trailers, and 14,313 pickup and delivery trailers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

Symbol: ODFL
Exchange: Nasdaq
Sector: Industrials
Industry: Trucking
Market cap: $37.44B
52 week range: 126.01 - 252.03

Valuation

Share price: $180.48 (close of 2026-10-02)
P/E (TTM): 34.57x
Price to book: 8.23x
Price to free cash flow: 33.59x
Enterprise value: $37.18B
Book value per share: $21.92

Price performance

Period	Change
1 day	+1.34%
5 days	+4.14%
1 month	-3.80%
3 months	-17.08%
6 months	-8.85%
Year to date	+15.10%
1 year	+28.36%
3 years	-10.48%
5 years	+26.42%
10 years	+689.16%
All time	+31563.16%

Members of Congress who disclosed ODFL trades

Marjorie Taylor Greene · Robert Bresnahan · Rick Larsen · Ritchie Torres · Tommy Tuberville

Super investors holding ODFL

Ken Griffin (Citadel) · David Rolfe (Wedgewood Partners Inc) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity: 23.75%
Return on invested capital: 24.19%
Return on assets: 18.71%
Return on capital employed: 27.30%
Gross margin: 24.76%
Net margin: 18.63%
EBITDA margin: 31.40%
Revenue growth: -5.48%
Net income growth: -13.69%
Free cash flow growth: 7.56%

Cash flow and balance sheet

Free cash flow yield (TTM): 2.98%
Current ratio: 1.89x
Net debt to EBITDA: -0.15x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $5.50B
Cost of revenue: $4.14B
Gross profit: $1.36B
EBITDA: $1.73B
Net income: $1.02B
Earnings per share: $4.86
Interest expense: $296.00K
Shares outstanding: 210.53M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$5.50B	$1.36B	$1.02B	$4.86
2024-12-31	$5.81B	$1.54B	$1.19B	$5.51
2023-12-31	$5.87B	$1.64B	$1.24B	$5.66
2022-12-31	$6.26B	$1.84B	$1.38B	$6.13
2021-12-31	$5.26B	$1.39B	$1.03B	$4.47
2020-12-31	$4.02B	$906.88M	$672.68M	$2.85
2019-12-31	$4.11B	$818.71M	$615.52M	$2.56
2018-12-31	$4.04B	$817.05M	$605.67M	$2.46
2017-12-31	$3.36B	$575.89M	$463.77M	$1.88
2016-12-31	$2.99B	$483.83M	$295.76M	$1.19

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	24.76%	18.63%	23.75%	24.19%
2024-12-31	26.55%	20.40%	27.94%	27.94%
2023-12-31	27.97%	21.13%	29.11%	31.57%
2022-12-31	29.40%	22.00%	37.70%	39.13%
2021-12-31	26.47%	19.68%	28.11%	33.84%
2020-12-31	22.59%	16.75%	20.22%	25.11%
2019-12-31	19.92%	14.98%	19.98%	22.24%
2018-12-31	20.21%	14.98%	22.60%	23.95%
2017-12-31	17.15%	13.81%	20.37%	20.67%
2016-12-31	16.17%	9.89%	15.98%	15.52%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$120.09M	-
2024-12-31	$108.68M	-
2023-12-31	$433.80M	-
2022-12-31	$235.67M	-
2021-12-31	$717.00M	-
2020-12-31	$731.70M	-
2019-12-31	$403.57M	-
2019-12-30	$403.57M	-
2018-12-31	$190.28M	$45.00M
2017-12-31	$127.46M	$95.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$955.10M	$12.85M
2024-12-31	$887.97M	$11.35M
2023-12-31	$811.83M	$11.08M
2022-12-31	$916.43M	$15.89M
2021-12-31	$662.53M	$15.04M
2020-12-31	$707.94M	$11.34M
2019-12-31	$504.56M	$16.72M
2018-12-31	$311.82M	$4.89M
2017-12-31	$154.17M	$3.24M
2016-12-31	$147.64M	$1.41M

Dividend history

Most recent payment: 2026-09-02
Paid in the last twelve months: $1.15

Payment date	Dividend per share
2026-09-02	$0.29
2026-06-03	$0.29
2026-03-04	$0.29
2025-12-03	$0.28
2025-09-03	$0.28
2025-06-04	$0.28
2025-03-05	$0.28
2024-12-04	$0.26

Investor relations

Next earnings report

Next confirmed report: 2026-10-28
Consensus EPS estimate: $1.60

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-29	Jun/2026	$1.52
2026-04-29	Mar/2026	$1.05
2026-02-04	Dec/2025	$1.06
2025-10-29	Sep/2025	$1.22
2025-07-30	Jun/2025	$1.29
2025-04-23	Mar/2025	$1.15
2025-02-05	Dec/2024	$1.17
2024-10-23	Sep/2024	$1.43

Filings and sources

Company website: odfl.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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