Old Dominion Freight Line, Inc. (ODFL) Stock

About Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.

Old Dominion Freight Line, Inc. is led by CEO Kevin Freeman, employs 21,817 people, headquartered in Thomasville, US, publicly traded since 1991.

Old Dominion Freight Line, Inc. (ODFL) stock trades at $216.36 with a market capitalization of $45.00B. The stock is valued at a price-to-earnings (P/E) ratio of 39.82, price-to-book of 9.04, price-to-sales of 7.78. Over the past 52 weeks the stock has ranged between $126.01 and $252.03, and currently trades 14.2% below its 52-week high. It pays a dividend yielding 0.59%.

On profitability, Old Dominion Freight Line, Inc. generates a return on equity (ROE) of 23.33% — well above the market average, a sign of a high-quality business, return on capital employed of 31.57%, an operating margin of 24.57%, a net profit margin of 18.46%.

In its most recent fiscal year, Old Dominion Freight Line, Inc. reported annual revenue of $5.5B, net profit of $1.0B, revenue has compounded at 6.5% a year over the last five years, profit at 8.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.01 — a conservative balance sheet with little leverage risk, a current ratio of 1.44, total assets of $5.6B, $120.0M in cash and equivalents.

ODFL has an average daily trading volume of 1,900,000 shares, a beta of 1.18.

Official website: www.odfl.com