Stocktoria

OLD DOMINION FREIGHT LINE, INC. ODFL

Nasdaq · stock · Trucking (No Local) · website · IPO 1991-10-24 · LEI

OLD DOMINION FREIGHT LINE, INC. statistics & valuation

Market cap$45.5B
P / E44.4×
P / S8.3×
P / B10.6×
Dividend yield0.52%
Net margin18.6%
Return on equity23.7%
Net cash$100.1M
Net debt / EBITDA-0.1×
Enterprise value USD$45.4B
EV / EBITDA26.3×
Earnings yield EBIT/EV3%
Return on capital27.3%
Graham number -77.8%$47.10

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($47.10); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.90% 13.80% 15.00% 15.00% 16.80% 19.70% 22.00% 21.10% 20.40% 18.60% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
16.20% 17.10% 20.20% 19.90% 22.60% 26.50% 29.40% 28.00% 26.60% 24.80% 2016201720182019202020212022202320242025
Return on equity (%)
16.00% 20.40% 22.60% 20.00% 20.20% 28.10% 37.70% 29.10% 27.90% 23.70% 2016201720182019202020212022202320242025
Shares outstanding
166.3M 164.8M 246.1M 241.2M 237.0M 232.8M 226.2M 220.2M 216.5M 211.6M 2016201720182019202020212022202320242025
Net debt ($)
$94.8M -$32.5M -$145.3M -$100.1M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
11.00% 15.10% 17.10% 15.40% 15.40% 21.50% 28.50% 22.50% 21.60% 18.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.06× 0.04× 0.02× 0.00× 2016201720182019202020212022202320242025
EPS ($)
$1.78 $2.81 $2.46 $2.55 $2.84 $4.45 $6.09 $5.63 $5.48 $4.84 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

OLD DOMINION FREIGHT LINE, INC. trades at about 43.9× earnings — above its 10-year norm (10-year range 16.5×–35.8×, median 33.9×).

16.5× 43.9×

Shaded band = 10-year range (16.5×–35.8×); dot = today's 43.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin24.8%26.6%28.0%29.4%26.5%22.6%19.9%20.2%17.1%16.2%
Net margin18.6%20.4%21.1%22.0%19.7%16.8%15.0%15.0%13.8%9.9%
Return on assets18.7%21.6%22.5%28.5%21.5%15.4%15.4%17.1%15.1%11.0%
Return on equity23.7%27.9%29.1%37.7%28.1%20.2%20.0%22.6%20.4%16.0%
Debt / equity0.00×——————0.02×0.04×0.06×
Current ratio1.441.332.101.762.983.332.371.981.671.33

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.