Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc.

ODFL

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Market Cap$45B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Old Dominion Freight Line, Inc.Old Dominion Freight Line, Inc.41.60.53%24%8.2-

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Strong Q2 performance (profitability improving) - Revenue: +10.4% YoY to $1.55B - Operating ratio (OR): 70.1%, improved by 450 bps - EPS (diluted): +32.3% to $1.68, matching the company’s prior record (Q3 2022) - Business drivers: yield management + operational execution, with demand improving
Demand / volume: choppy month-to-month but better than “normal”; freight mix still a watch item - Q2 LTL revenue per cwt: +15.2% YoY - Q2 tons/day: -4.1% YoY (but sequentially improving) - Sequential Q2 vs Q1: revenue per day +14.6%, tons/day +4.0%, shipments/day +3.2% - July MTD: revenue per day +~7.5% to +8.0% vs July 2025 - Includes ~+7.5% to +8.0% benefit, but tons/day down ~1% vs July 2025 - Company view: still “early innings” of any truckload-to-LTL spillover; no evidence yet of a major step-change in weight per shipment, but they expect more renormalization if truckload remains strong
Q3 outlook / guidance style (revenue expectation + OR seasonality) - July guidance context: July revenue run-rate implied by commentary - Revenue expectation (Q3): - If momentum continues: ~10% revenue growth in Q3 - Implies ~$1.54B–$1.55B total Q3 revenue - Conservative case: carry the same 7.5%–8% growth → ~$1.52B - Fuel assumption baseline: expects ~$4.95 average per gallon for Q3, assuming stabilization/possible further normalization - Operating ratio (Q3) expectations: - Company says “normal seasonality” would be flat to up ~50 bps vs Q2, but after adjusting out major property gains, normalized OR is expected to be up ~150–200 bps from 70.1%

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$232.12

Target Price by Analysts

9.2% upsideOld Dominion Freight Line Target Price DetailsTarget Price
$57.52

Current Fair Value

72.9% downside

Overvalued by 72.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$45.00 Billion
Enterprise Value$44.73 Billion
Dividend Yield$1.14 (0.53%)
Earnings per Share$4.85
Beta1.18
Outstanding Shares208,715,000

Return

Return on Equity23.95%ROE
Return on Assets18.99%
Return on Invested Capital24.48%

Valuation & Multiples

P/E Ratio41.61P/E Ratio
PEG136.35PEG
Price to Sales8.18Price to Sales
Price to Book Ratio10.12Price to Book Ratio
Enterprise Value to Revenue7.98
Enterprise Value to EBIT35.12
Enterprise Value to Net Income41
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$1.54
Average shareholder expectation
Revenue Estimate
$1.54 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$1.60
Average shareholder expectation
Revenue Estimate
$1.55 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio5.8113 530.01%
Total Calls5,300 99.11%
Total Puts30,800 89.88%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %22.36% 55.53%
Total Invested$10.08B 68.40%
Investors Holding542 438.00%

ESG Score

No data

About Old Dominion Freight Line, Inc.

CEO: Greg Gantt