Old Dominion Freight Line (ODFL) Stock Analysis

November 11, 2026

This is a peer-relative look at Old Dominion Freight Line (ODFL): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Transportation peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Old Dominion Freight Line (ODFL)
Profile Item	ODFL
Name	Old Dominion Freight Line, Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Transportation
GICS Industry	Ground Transportation
GICS Sub-Industry	Cargo Ground Transportation
Market Capitalization	33.98 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	October 24, 1991
Security Type	Common Stock

Price Performance

Cumulative Growth

ODFL

GSPC

Old Dominion Freight Line (ODFL) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Old Dominion Freight Line (ODFL) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Old Dominion Freight Line (ODFL) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Total Return (1Y)	22.71%	22.71%
Total Return (3Y, Annualized)	-3.43%	14.66%
Total Return (5Y, Annualized)	-0.10%	3.98%

Risk Profile

Drawdown History

ODFL

GSPC

Old Dominion Freight Line (ODFL) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Old Dominion Freight Line (ODFL) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Volatility (1Y, Annualized)	38.79%	40.42%
Beta (5Y)	1.14	1.15
Max Drawdown (5Y)	-45.18%	-52.44%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. ODFL is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Sharpe Ratio (1Y)	0.48	0.46
Sortino Ratio (1Y)	0.70	0.70

Profitability

ROE (TTM)

Old Dominion Freight Line (ODFL) posts ROE of 26.01%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

ODFL

Transportation industry group

26.01%

Group distribution

Max: 45.08%
ODFL: 26.01%
Q3: 22.02%
Median: 13.94%
Q1: 2.89%
Min: -10.45%

Largest peers

UNP: 38.75%
UPS: 28.65%
CSX: 26.39%
ODFL: 26.01%
CNI: 22.45%
UBER: 12.33%
CP: 8.27%

Where Old Dominion Freight Line (ODFL) stands on ROE within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Old Dominion Freight Line (ODFL) keeps 20.08% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

ODFL

Transportation industry group

20.08%

Group distribution

Max: 50.36%
Q3: 21.18%
ODFL: 20.08%
Median: 5.58%
Q1: 1.55%
Min: -11.37%

Largest peers

UNP: 28.90%
CNI: 26.42%
CP: 24.14%
CSX: 23.97%
ODFL: 20.08%
UBER: 6.13%
UPS: 4.84%

Where Old Dominion Freight Line (ODFL) stands on net margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Old Dominion Freight Line (ODFL) turns 28.52% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

ODFL

Transportation industry group

28.52%

Group distribution

Max: 59.18%
Q3: 29.30%
ODFL: 28.52%
Median: 11.50%
Q1: 4.62%
Min: -8.91%

Largest peers

CNI: 41.52%
UNP: 41.34%
CSX: 39.26%
CP: 38.56%
ODFL: 28.52%
UBER: 9.80%
UPS: 9.28%

Where Old Dominion Freight Line (ODFL) stands on operating margin within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
ROE (TTM)	26.01%	13.94%
ROA (TTM)	16.59%	4.95%
Net Margin (TTM)	20.08%	5.58%
Operating Margin (TTM)	28.52%	11.50%
Gross Margin (TTM)	39.88%	27.25%

Growth

Revenue Growth

Old Dominion Freight Line (ODFL) grew revenue -5.48%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

Old Dominion Freight Line (ODFL): Revenue Growth across different time periods, set against Transportation industry-group medians.

EPS Growth

Old Dominion Freight Line (ODFL) grew earnings per share -11.68%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Old Dominion Freight Line (ODFL): EPS Growth across different time periods, set against Transportation industry-group medians.

Growth Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Revenue Growth (YoY)	-5.48%	2.80%
Revenue Growth (3Y CAGR)	-4.24%	1.66%
EPS Growth (YoY)	-11.68%	-10.61%
EPS Growth (3Y CAGR)	-7.37%	-7.47%

Financial Strength

Current Ratio (MRQ)

Old Dominion Freight Line (ODFL) has current ratio of 2.04, above the industry’s typical middle range. Liquidity looks ample versus peers, though an unusually high cushion can also mean idle current assets or inefficient working capital.

ODFL

Transportation industry group

2.04

Group distribution

Max: 2.58
ODFL: 2.04
Q3: 1.62
Median: 1.16
Q1: 0.78
Min: 0.22

Largest peers

ODFL: 2.04
UPS: 1.24
UBER: 1.23
UNP: 1.16
CSX: 0.84
CNI: 0.82
CP: 0.52

Where Old Dominion Freight Line (ODFL) stands on current ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Old Dominion Freight Line (ODFL) has debt-to-equity ratio of 0.00, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

ODFL

Transportation industry group

0.00

Group distribution

Max: 2.75
Q3: 1.37
Median: 0.78
Q1: 0.35
ODFL: 0.00
Min: 0.00

Largest peers

UPS: 2.03
UNP: 1.41
CSX: 1.35
CNI: 1.09
UBER: 0.61
CP: 0.55
ODFL: 0.00

Where Old Dominion Freight Line (ODFL) stands on debt-to-equity ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Current Ratio (MRQ)	2.04	1.16
Debt / Equity (MRQ)	0.00	0.78
Net Debt / EBITDA	-0.24	2.00

Dividends

Dividend Yield (TTM)

Old Dominion Freight Line (ODFL) has dividend yield of 0.67%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

ODFL

Transportation industry group

0.67%

Group distribution

Max: 4.68%
Q3: 1.99%
Median: 0.74%
ODFL: 0.67%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 5.91%
CNI: 2.87%
UNP: 1.87%
CSX: 1.08%
CP: 1.06%
ODFL: 0.67%
UBER: 0.00%

Where Old Dominion Freight Line (ODFL) stands on dividend yield within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Old Dominion Freight Line (ODFL) has payout ratio of 20.65%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

ODFL

Transportation industry group

20.65%

Group distribution

Max: 100.89%
Q3: 41.68%
ODFL: 20.65%
Median: 20.43%
Q1: 0.00%
Min: 0.00%

Largest peers

UPS: 126.40%
CNI: 45.63%
UNP: 43.37%
CSX: 28.65%
CP: 22.91%
ODFL: 20.65%
UBER: 0.00%

Where Old Dominion Freight Line (ODFL) stands on payout ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
Dividend Yield (TTM)	0.67%	0.74%
Dividend Payout Ratio (TTM)	20.65%	20.43%

Valuation

P/E Ratio (TTM)

Old Dominion Freight Line (ODFL) trades at P/E ratio of 29.61, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

ODFL

Transportation industry group

29.61

Group distribution

Max: 46.76
Q3: 30.87
ODFL: 29.61
Median: 20.58
Q1: 10.44
Min: 0.00

Largest peers

UBER: 40.35
ODFL: 29.61
CP: 29.54
CSX: 25.58
UNP: 22.63
CNI: 21.61
UPS: 20.87

Where Old Dominion Freight Line (ODFL) stands on P/E ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Old Dominion Freight Line (ODFL) trades at 5.87 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.

ODFL

Transportation industry group

5.87

Group distribution

ODFL: 5.87
Max: 4.35
Q3: 2.07
Median: 0.93
Q1: 0.53
Min: 0.04

Largest peers

UNP: 6.54
CSX: 6.09
ODFL: 5.87
CP: 5.01
CNI: 4.05
UBER: 2.48
UPS: 1.01

Where Old Dominion Freight Line (ODFL) stands on P/S ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Old Dominion Freight Line (ODFL) trades at 7.29 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

ODFL

Transportation industry group

7.29

Group distribution

ODFL: 7.29
Max: 6.29
Q3: 3.39
Median: 1.90
Q1: 1.03
Min: -2.07

Largest peers

UNP: 7.83
ODFL: 7.29
CSX: 6.29
UPS: 6.15
UBER: 5.06
CNI: 4.77
CP: 2.46

Where Old Dominion Freight Line (ODFL) stands on P/B ratio within its Transportation peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Old Dominion Freight Line (ODFL) metric values compared with Transportation industry-group medians
Metric	Current stock: ODFL	Industry group median
P/E Ratio (TTM)	29.61	20.58
P/S Ratio (TTM)	5.87	0.93
P/B Ratio (MRQ)	7.29	1.90
Free Cash Flow Yield (TTM)	2.93%	3.36%