Old Dominion Freight Line, Inc.


Market Cap$47.68B

Compare Old Dominion Freight Line

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Old Dominion Freight Line, Inc.Old Dominion Freight Line, Inc.38.40.37%31%8.3-
marketMarket Avg49.61.28%30%6.11.1
IndustrialsIndustrials Avg19.10.99%21%3.10.6

Earnings Call Q4 2023

January 31, 2024 - AI Summary

Old Dominion Freight Line reported a 0.3% increase in revenue for the fourth quarter of 2023 compared to the previous year.
The company's LTL tons per day decreased by 2% in the fourth quarter, while LTL shipments per day and overall market share improved.
Old Dominion maintained an on-time service performance of 99% and a cargo claims ratio of 0.1% during the quarter.
The company invested significantly in its service center network, with capital expenditures totaling $757.3 million for the year.
Old Dominion expects its effective tax rate for 2024 to be 25.6%.
The Board of Directors approved a 30% increase in the quarterly dividend to $0.52 per share for the first quarter of 2024.

Current Fair Value

0.7% upside

Undervalued by 0.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$47.68 Billion
Enterprise Value$47.55 Billion
Dividend Yield$1.5968 (0.37%)
Earnings per Share$11.23
Outstanding Shares109,113,654
Avg 30 Day Volume771,630


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio38.43
Price to Sales8.32
Price to Book Ratio11.92
Enterprise Value to Revenue8.11
Enterprise Value to EBIT28.82
Enterprise Value to Net Income38
Total Debt to Enterprise0
Debt to Equity0.02

Revenue Sources

No data

ESG Score

No data

About Old Dominion Freight Line, Inc.

CEO: Greg Gantt