Old Dominion Freight Line (ODFL)
(Real Time Quote from BATS)
$194.62 USD
+0.65 (0.34%)
Updated Sep 23, 2024 10:30 AM ET
4-Sell of 5 4
F Value C Growth F Momentum F VGM
Company Summary
Old Dominion Freight Line, founded in 1934, is a leading LTL company. The company based in Thomasville, NC, offers LTL services on a regional, inter-regional and national basis. The services are inclusive of ground and air expedited transportation, apart from consumer household pickup and delivery through a single integrated organization.
The company also offers LTL services across North America through strategic alliances. Additionally, it provides value-added services like container drayage, truckload brokerage, supply chain consulting and warehousing. The company operates multiple service and maintenance centers.
While bulk of the centers ...
Company Summary
Old Dominion Freight Line, founded in 1934, is a leading LTL company. The company based in Thomasville, NC, offers LTL services on a regional, inter-regional and national basis. The services are inclusive of ground and air expedited transportation, apart from consumer household pickup and delivery through a single integrated organization.
The company also offers LTL services across North America through strategic alliances. Additionally, it provides value-added services like container drayage, truckload brokerage, supply chain consulting and warehousing. The company operates multiple service and maintenance centers.
While bulk of the centers is owned by the company, the remaining are leased. The service centers are endowed with responsibility pertaining to the pickup and delivery of freight locally. Moreover, the maintenance centers are responsible for performing operations that are related to the routine and preventive maintenance as well as repairs of the company’s equipment.
Old Dominion’s infrastructure allows for smoother freight transportation offering next-day and second-day service through each of its regions across the United States. Over the past several years, the company has opened numerous service centers which have increased capacity across its service network. This in turn places the company for future growth prospects.
The company constantly works towards improving customer service by increasing on-time performance and reducing cargo claims. It primarily focuses on increasing shipments and tonnage growth in order to generate higher revenues.
The company faces primary competition from regional, inter-regional and national LTL carriers. It also faces secondary competition from truckload carriers, small package carriers, airfreight carriers and railroads.
Due to weak freight conditions, in 2023, total revenues decreased 6.3% year over year to $5.86 billion. LTL service revenues were down 6% and accounted for bulk of the top line (98.9%). Remainder of the top line was generated from non-LTL revenues.
Notably, LTL tons decreased 9.3% year over year with LTL shipments decreasing 6.3%. Moreover, LTL weight per shipment, excluding fuel surcharges, decreased 3.2% in 2023.
Moreover, the company’s fiscal year coincides with the calendar year.
General Information
Old Dominion Freight Line, Inc
500 OLD DOMINION WAY
THOMASVILLE, NC 27360
Phone: 336-889-5000
Fax: 336-822-5239
Web: http://www.odfl.com
Email: investor.relations@odfl.com
Industry | Transportation - Truck |
Sector | Transportation |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.46 |
Current Year EPS Consensus Estimate | 5.62 |
Estimated Long-Term EPS Growth Rate | 8.50 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 204.52 |
52 Week High | 227.80 |
52 Week Low | 165.49 |
Beta | 0.99 |
20 Day Moving Average | 1,304,515.25 |
Target Price Consensus | 196.50 |
4 Week | -4.81 |
12 Week | 9.84 |
YTD | -4.29 |
4 Week | -5.94 |
12 Week | 5.17 |
YTD | -19.94 |
Shares Outstanding (millions) | 217.29 |
Market Capitalization (millions) | 42,146.79 |
Short Ratio | NA |
Last Split Date | 3/25/2020 |
Dividend Yield | 0.54% |
Annual Dividend | $1.04 |
Payout Ratio | 0.18 |
Change in Payout Ratio | 0.06 |
Last Dividend Payout / Amount | 9/4/2024 / $0.26 |
Fundamental Ratios
P/E (F1) | 34.49 |
Trailing 12 Months | 33.24 |
PEG Ratio | 4.04 |
vs. Previous Year | 11.70% |
vs. Previous Quarter | 10.45% |
vs. Previous Year | 6.05% |
vs. Previous Quarter | 2.65% |
Price/Book | 10.25 |
Price/Cash Flow | 27.03 |
Price / Sales | 7.06 |
6/30/24 | 30.33 |
3/31/24 | 30.12 |
12/31/23 | 31.18 |
6/30/24 | 23.42 |
3/31/24 | 23.26 |
12/31/23 | 23.90 |
6/30/24 | 1.46 |
3/31/24 | 2.29 |
12/31/23 | 2.10 |
6/30/24 | 1.46 |
3/31/24 | 2.29 |
12/31/23 | 2.10 |
6/30/24 | 21.38 |
3/31/24 | 21.19 |
12/31/23 | 21.13 |
6/30/24 | 21.38 |
3/31/24 | 21.19 |
12/31/23 | 21.13 |
6/30/24 | 28.33 |
3/31/24 | 28.15 |
12/31/23 | 28.09 |
6/30/24 | 18.92 |
3/31/24 | 20.23 |
12/31/23 | 19.54 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.01 |
3/31/24 | 0.01 |
12/31/23 | 0.01 |
6/30/24 | 0.96 |
3/31/24 | 1.34 |
12/31/23 | 1.39 |