Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc.

ODFL

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Market Cap$46.82B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Old Dominion Freight Line, Inc.Old Dominion Freight Line, Inc.46.60.5%23%9.1-

Earnings Call Q1 2026

April 29, 2026 - AI Summary

Revenue Decline and Volume Trends: Old Dominion Freight Line reported Q1 2026 revenue of $1.33 billion, a 2.9% decline year-over-year (YOY). The company experienced a 7.7% decrease in LTL (Less Than Truckload) tons per day. However, there was a strong sequential improvement, with LTL tonnage increasing in February and March by 4.9% and 4.6%, respectively.
Operating Ratio and Cost Management: The operating ratio increased by 80 basis points to 76.2% due to increased overhead costs. Despite the revenue decline, the company maintained its focus on yield management and cost control, showing improvements in direct operating costs due to efficiency measures. The management anticipates an operating ratio improvement as volumes are expected to grow in Q2 2026.
Positive Pricing Environment: The adjusted LTL revenue per hundredweight (excluding fuel surcharges) increased by 4.4% compared to Q1 2025, reflecting Old Dominion’s long-term disciplined pricing strategy. April 2026 saw revenue per day increase by approximately 7% YOY, indicating an upward trend in pricing power entering Q2.

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$214.57

Target Price by Analysts

9.1% downsideOld Dominion Freight Line Target Price DetailsTarget Price
$60.31

Current Fair Value

74.4% downside

Overvalued by 74.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$46.82 Billion
Enterprise Value$46.58 Billion
Dividend Yield$1.13 (0.50%)
Earnings per Share$4.85
Beta1.17
Outstanding Shares208,277,000

Return

Return on Equity22.89%ROE
Return on Assets17.81%
Return on Invested Capital24.65%

Valuation & Multiples

P/E Ratio46.55P/E Ratio
PEG-722.8PEG
Price to Sales9.08Price to Sales
Price to Book Ratio11.24Price to Book Ratio
Enterprise Value to Revenue8.54
Enterprise Value to EBIT37.3
Enterprise Value to Net Income46
Total Debt to Enterprise0
Debt to Equity0.01Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 29, 2026
EPS Estimate
$1.05
Average shareholder expectation
Revenue Estimate
$1.31 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$1.41
Average shareholder expectation
Revenue Estimate
$1.49 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.5112 15.41%
Total Calls595,500 44.04%
Total Puts304,407 19.89%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %77.01% 2.60%
Total Invested$31.55B 20.37%
Investors Holding972 32.00%

ESG Score

No data

About Old Dominion Freight Line, Inc.

CEO: Greg Gantt

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and analysis for all tax legislation, directly influencing corporate tax structures and capital investment credits crucial for ODFL's financial planning and capital expenditures.

Finance

This powerful committee controls taxation and trade policy, directly impacting ODFL's corporate tax burden, profitability, and the overall volume of goods requiring transport through trade agreements.

Appropriations

This committee directly allocates federal spending for infrastructure projects (e.g., highways, bridges), which directly impacts the quality of ODFL's operating environment and the demand for its services.

Health, Education, Labor, and Pensions

This committee directly influences labor laws, minimum wage, and union regulations, all of which are major factors affecting a large trucking company's operational costs and workforce management.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce and transportation, directly regulating the trucking industry regarding safety, operational standards, and competition, making it highly relevant to ODFL's core business.

Energy and Natural Resources

This committee's oversight of national energy policy directly impacts fuel prices, a primary operating cost for a trucking company, through decisions on oil and gas production and related regulations.

Environment and Public Works

This committee directly regulates federal highway programs and infrastructure, which are critical to the operational efficiency, costs, and routes of a general freight trucking company like Old Dominion Freight Line.