Old Dominion Freight Line (ODFL) Financials

$159.72 -2.29 (-1.41%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$159.20 -0.52 (-0.33%)

As of 05/30/2025 07:16 PM Eastern

Annual Income Statements for Old Dominion Freight Line

This table shows Old Dominion Freight Line's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	1,186	1,240	1,377	1,034	673	616	606	464	296	305
Consolidated Net Income / (Loss)	1,186	1,240	1,377	1,034	673	616	606	464	296	305
Net Income / (Loss) Continuing Operations	1,186	1,240	1,377	1,034	673	616	606	464	296	305
Total Pre-Tax Income	1,558	1,648	1,841	1,388	901	824	816	576	478	490
Total Operating Income	1,544	1,641	1,841	1,392	907	819	817	576	484	498
Total Gross Profit	3,003	3,115	3,345	2,603	1,832	1,897	1,841	1,343	1,145	812
Total Revenue	5,815	5,866	6,260	5,256	4,015	4,109	4,044	3,358	2,992	2,972
Operating Revenue	5,815	5,866	6,260	5,256	4,015	4,109	4,044	3,358	2,992	2,972
Total Cost of Revenue	2,812	2,751	2,916	2,654	2,183	2,212	2,203	2,015	1,846	2,160
Operating Cost of Revenue	2,812	2,751	2,916	2,654	2,183	2,212	2,203	2,015	1,846	2,160
Total Operating Expenses	1,459	1,474	1,504	1,211	925	1,078	1,024	768	661	314
Selling, General & Admin Expense	836	886	1,028	730	504	626	637	520	426	89
Marketing Expense	92	75	58	54	42	53	44	42	38	37
Depreciation Expense	345	324	276	260	261	254	230	206	190	165
Other Operating Expenses / (Income)	186	189	141	168	117	146	112	-	7.92	22
Total Other Income / (Expense), net	14	7.10	0.72	-3.18	-5.52	5.24	-1.54	-0.05	-6.25	-8.22
Interest Expense	0.21	0.46	1.56	1.73	2.78	0.38	0.19	2.15	4.33	5.21
Interest & Investment Income	17	13	4.88	0.79	1.83	6.76	3.11	0.74	0.06	0.21
Other Income / (Expense), net	-3.20	-5.23	-2.60	-2.24	-4.57	-1.14	-4.46	1.36	-1.97	-3.22
Income Tax Expense	372	408	464	354	229	208	210	112	182	185
Basic Earnings per Share	$5.51	$5.66	$6.13	$8.94	$5.71	$5.11	$4.93	$5.63	$3.56	$3.57
Weighted Average Basic Shares Outstanding	215.33M	218.84M	224.68M	115.65M	117.74M	120.41M	122.89M	82.31M	83.11M	85.38M
Diluted Earnings per Share	$5.48	$5.63	$6.09	$8.89	$5.68	$5.10	$4.92	$5.63	$3.56	$3.57
Weighted Average Diluted Shares Outstanding	216.49M	220.18M	226.16M	116.41M	118.49M	120.61M	123.03M	82.41M	83.15M	85.38M
Weighted Average Basic & Diluted Shares Outstanding	212.55M	108.84M	110.03M	114.86M	116.94M	79.70M	82M	82.40M	83.10M	85.30M
Cash Dividends to Common per Share	$1.04	$0.80	$0.60	$0.80	$0.60	$0.45	$0.35	$0.40	$0.00	$0.00

This table shows Old Dominion Freight Line's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	255	263	309	322	292	323	339	292	285	324	377
Consolidated Net Income / (Loss)	255	263	309	322	292	323	339	292	285	324	377
Net Income / (Loss) Continuing Operations	255	263	309	322	292	323	339	292	285	324	377
Total Pre-Tax Income	339	335	403	426	393	425	446	392	384	432	496
Total Operating Income	338	334	402	422	386	421	445	392	383	430	496
Total Gross Profit	689	701	758	783	761	805	821	730	759	767	894
Total Revenue	1,375	1,386	1,470	1,499	1,460	1,496	1,515	1,413	1,442	1,492	1,604
Operating Revenue	1,375	1,386	1,470	1,499	1,460	1,496	1,515	1,413	1,442	1,492	1,604
Total Cost of Revenue	686	685	712	716	699	691	695	683	683	725	710
Operating Cost of Revenue	686	685	712	716	699	691	695	683	683	725	710
Total Operating Expenses	351	367	356	361	375	384	376	339	376	337	398
Selling, General & Admin Expense	198	193	206	213	225	214	228	207	237	251	266
Marketing Expense	17	40	17	17	18	28	16	15	16	7.74	17
Depreciation Expense	89	89	87	85	85	85	84	80	76	72	68
Other Operating Expenses / (Income)	46	45	47	46	47	57	47	37	48	5.40	46
Total Other Income / (Expense), net	0.59	1.16	1.23	4.76	6.46	4.31	1.36	0.33	1.10	1.77	-0.02
Interest Expense	0.00	0.03	0.02	0.13	0.04	0.09	0.09	0.09	0.20	0.28	1.00
Interest & Investment Income	1.66	1.90	1.78	5.96	7.37	5.31	2.31	2.37	2.81	2.95	1.33
Other Income / (Expense), net	-1.07	-0.72	-0.52	-1.08	-0.88	-0.91	-0.86	-1.95	-1.51	-0.90	-0.35
Income Tax Expense	84	72	95	104	101	103	107	100	99	108	119
Basic Earnings per Share	$1.20	$1.22	$1.44	$1.49	$1.34	$1.48	$1.55	$1.33	$1.30	$1.44	$3.38
Weighted Average Basic Shares Outstanding	212.40M	215.33M	214.09M	216.37M	217.59M	218.84M	218.39M	219.04M	219.91M	224.68M	111.57M
Diluted Earnings per Share	$1.19	$1.22	$1.43	$1.48	$1.34	$1.48	$1.54	$1.33	$1.29	$1.44	$3.36
Weighted Average Diluted Shares Outstanding	213.48M	216.49M	215.23M	217.54M	218.81M	220.18M	219.67M	220.40M	221.36M	226.16M	112.30M
Weighted Average Basic & Diluted Shares Outstanding	211.33M	212.55M	213.50M	214.30M	217.29M	108.84M	109.11M	109.27M	109.65M	110.03M	-
Cash Dividends to Common per Share	$0.28	$0.26	$0.26	$0.26	$0.26	$0.20	$0.20	$0.20	$0.20	$0.15	$0.30

This table details how cash moves in and out of Old Dominion Freight Line's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-325	247	-276	61	-2.14	213	63	117	-1.30	-23
Net Cash From Operating Activities	1,659	1,569	1,692	1,213	933	984	900	536	566	554
Net Cash From Continuing Operating Activities	1,659	1,569	1,692	1,213	933	984	900	536	566	591
Net Income / (Loss) Continuing Operations	1,186	1,240	1,377	1,034	673	616	606	464	296	305
Consolidated Net Income / (Loss)	1,186	1,240	1,377	1,034	673	616	606	464	296	305
Depreciation Expense	345	324	276	260	261	254	230	206	190	165
Non-Cash Adjustments To Reconcile Net Income	25	7.19	29	29	24	23	5.37	4.52	1.58	3.59
Changes in Operating Assets and Liabilities, net	103	-2.01	9.23	-111	-25	81	59	-138	78	117
Net Cash From Investing Activities	-751	-660	-547	-455	-552	-474	-580	-368	-407	-438
Net Cash From Continuing Investing Activities	-751	-660	-547	-455	-552	-474	-580	-368	-407	-438
Purchase of Property, Plant & Equipment	-771	-757	-775	-550	-225	-479	-588	-382	-418	-462
Purchase of Investments	-30	0.00	-164	-359	-360	0.00	0.00	-	-	-
Sale of Property, Plant & Equipment	20	49	22	20	3.69	5.69	6.98	12	11	24
Sale and/or Maturity of Investments	30	49	369	435	30	0.00	0.00	-	-	-
Net Cash From Financing Activities	-1,233	-662	-1,420	-696	-384	-297	-257	-51	-159	-140
Net Cash From Continuing Financing Activities	-1,233	-662	-1,420	-696	-384	-297	-257	-51	-159	-140
Repayment of Debt	-42	-33	-8.66	-4.85	-48	-1.45	-51	-10	-27	-38
Repurchase of Common Equity	-967	-454	-1,277	-536	-364	-241	-163	-8.01	-130	-114
Payment of Dividends	-224	-175	-134	-92	-71	-55	-43	-33	0.00	-
Issuance of Debt	0.00	0.00	0.00	0.00	100	0.00	0.00	-	-2.34	12
Cash Interest Paid	5.67	6.85	7.21	6.89	8.16	3.86	4.53	5.44	6.42	11
Cash Income Taxes Paid	338	361	397	353	267	157	170	199	123	130

This table details how cash moves in and out of Old Dominion Freight Line's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-11	35	-0.14	-507	147	227	151	-152	21	-30	21
Net Cash From Operating Activities	337	401	446	388	424	437	429	288	415	361	514
Net Cash From Continuing Operating Activities	337	401	446	388	424	437	429	288	415	361	514
Net Income / (Loss) Continuing Operations	255	263	309	322	292	323	339	292	285	324	377
Consolidated Net Income / (Loss)	255	263	309	322	292	323	339	292	285	324	377
Depreciation Expense	89	89	87	85	85	85	84	80	76	72	68
Non-Cash Adjustments To Reconcile Net Income	1.74	27	-3.16	0.57	0.73	15	-1.02	-2.09	-4.35	32	-0.52
Changes in Operating Assets and Liabilities, net	-9.02	22	54	-19	46	15	6.90	-82	59	-66	69
Net Cash From Investing Activities	-83	-167	-201	-265	-118	-80	-167	-213	-200	-159	-115
Net Cash From Continuing Investing Activities	-83	-167	-201	-265	-118	-80	-167	-213	-200	-159	-115
Purchase of Property, Plant & Equipment	-88	-171	-243	-238	-120	-106	-172	-245	-235	-270	-182
Sale of Property, Plant & Equipment	5.23	3.97	11	3.27	1.56	26	4.62	7.33	10	2.05	1.12
Net Cash From Financing Activities	-265	-200	-245	-630	-159	-130	-110	-227	-194	-233	-379
Net Cash From Continuing Financing Activities	-265	-200	-245	-630	-159	-130	-110	-227	-194	-233	-379
Repayment of Debt	-4.51	-1.67	-1.90	-22	-17	-0.85	-0.86	-23	-8.46	-0.16	-0.17
Repurchase of Common Equity	-201	-183	-188	-512	-85	-86	-66	-161	-142	-200	-345
Payment of Dividends	-59	-55	-56	-56	-57	-44	-44	-44	-44	-33	-33

This table presents Old Dominion Freight Line's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/30/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	5,491	5,512	4,839	4,822	4,369	3,996	3,545	3,068	2,696	2,467
Total Current Assets	721	1,143	934	1,384	1,243	867	706	585	383	382
Cash & Equivalents	109	434	186	463	401	404	190	127	10	11
Accounts Receivable	523	597	592	580	454	408	468	416	334	345
Prepaid Expenses	84	94	93	68	57	55	48	41	38	25
Current Deferred & Refundable Income Taxes	5.00	19	13	19	-	-	-	-	-	-
Plant, Property, & Equipment, net	4,505	4,095	3,687	3,216	2,914	2,969	2,755	2,404	2,241	2,023
Plant, Property & Equipment, gross	6,831	6,250	5,816	5,136	4,591	4,433	4,073	3,580	3,285	2,953
Accumulated Depreciation	2,326	2,154	2,129	1,920	1,677	1,464	1,318	1,175	1,044	929
Total Noncurrent Assets	265	274	218	222	212	160	84	79	72	61
Other Noncurrent Operating Assets	265	274	218	222	212	160	65	60	53	42
Total Liabilities & Shareholders' Equity	5,491	5,512	4,839	4,822	4,369	3,996	3,545	3,068	2,696	2,467
Total Liabilities	1,247	1,255	1,186	1,142	1,043	915	865	792	845	782
Total Current Liabilities	541	545	530	464	373	366	357	351	289	285
Short-Term Debt	20	20	20	0.00	-	-	-	50	0.00	26
Accounts Payable	92	113	106	83	69	70	79	74	89	67
Accrued Expenses	70	70	52	62	52	46	26	25	23	23
Current Employee Benefit Liabilities	285	279	288	258	191	193	198	153	129	125
Other Current Liabilities	73	63	63	62	53	54	53	50	47	45
Total Noncurrent Liabilities	706	710	656	678	670	549	508	441	556	496
Long-Term Debt	40	60	80	100	100	45	45	45	105	107
Noncurrent Deferred & Payable Income Tax Liabilities	382	363	311	249	220	262	248	190	273	235
Other Noncurrent Operating Liabilities	284	287	265	329	350	242	215	206	179	154
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Total Equity & Noncontrolling Interests	4,245	4,258	3,653	3,680	3,326	3,081	2,680	2,277	1,851	1,685
Total Preferred & Common Equity	4,245	4,258	3,653	3,680	3,326	3,081	2,680	2,277	1,851	1,685
Total Common Equity	4,245	4,258	3,653	3,680	3,326	3,081	2,680	2,277	1,851	1,685
Common Stock	249	253	256	186	238	230	150	147	144	143
Retained Earnings	3,995	4,005	3,397	3,494	3,088	2,850	2,530	2,130	1,707	1,542

This table presents Old Dominion Freight Line's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Total Assets	5,491	5,491	5,426	5,343	5,651	5,512	5,299	4,979	4,957	4,839
Total Current Assets	734	721	735	807	1,264	1,143	954	731	897	934
Cash & Equivalents	97	109	74	74	581	434	207	55	208	186
Accounts Receivable	569	523	566	598	604	597	648	559	580	592
Prepaid Expenses	69	84	84	98	79	94	84	107	85	93
Current Deferred & Refundable Income Taxes	0.00	5.00	11	6.82	0.00	19	16	9.36	0.00	13
Plant, Property, & Equipment, net	4,497	4,505	4,426	4,278	4,128	4,095	4,085	4,001	3,841	3,687
Plant, Property & Equipment, gross	6,840	6,831	6,697	6,533	6,345	6,250	6,245	6,147	6,010	5,816
Accumulated Depreciation	2,342	2,326	2,271	2,255	2,217	2,154	2,160	2,146	2,168	2,129
Total Noncurrent Assets	260	265	265	258	260	274	259	247	219	218
Other Noncurrent Operating Assets	260	265	265	258	260	274	259	247	219	218
Total Liabilities & Shareholders' Equity	5,491	5,491	5,426	5,343	5,651	5,512	5,299	4,979	4,957	4,839
Total Liabilities	1,256	1,247	1,250	1,231	1,250	1,255	1,236	1,147	1,211	1,186
Total Current Liabilities	557	541	554	553	551	545	552	503	570	530
Short-Term Debt	20	20	20	20	20	20	20	20	20	20
Accounts Payable	84	92	99	113	98	113	116	97	120	106
Accrued Expenses	69	70	77	73	61	70	78	76	65	52
Current Deferred & Payable Income Tax Liabilities	77	-	11	26	77	-	-	-	83	-
Current Employee Benefit Liabilities	233	285	284	260	233	279	278	250	221	288
Other Current Liabilities	73	73	62	61	63	63	61	61	62	63
Total Noncurrent Liabilities	699	706	697	678	699	710	683	644	641	656
Long-Term Debt	40	40	40	40	60	60	60	60	80	80
Noncurrent Deferred & Payable Income Tax Liabilities	382	382	375	363	363	363	347	311	311	311
Other Noncurrent Operating Liabilities	277	284	282	275	276	287	276	273	251	265
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,235	4,245	4,176	4,112	4,402	4,258	4,063	3,832	3,746	3,653
Total Preferred & Common Equity	4,235	4,245	4,176	4,112	4,402	4,258	4,063	3,832	3,746	3,653
Total Common Equity	4,235	4,245	4,176	4,112	4,402	4,258	4,063	3,832	3,746	3,653
Common Stock	248	249	208	208	247	253	252	250	251	256
Retained Earnings	3,988	3,995	3,967	3,904	4,154	4,005	3,811	3,582	3,495	3,397

This table displays calculated financial ratios and metrics derived from Old Dominion Freight Line's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.88%	-6.29%	19.10%	30.91%	-2.29%	1.62%	20.42%	12.25%	0.64%	6.62%
EBITDA Growth	-3.80%	-7.29%	28.18%	41.74%	7.51%	3.77%	33.20%	16.57%	1.72%	12.79%
EBIT Growth	-5.79%	-11.02%	32.29%	53.98%	10.37%	0.61%	40.77%	19.80%	-2.66%	12.76%
NOPAT Growth	-4.74%	-10.35%	32.78%	53.18%	10.66%	0.79%	30.83%	54.79%	-3.28%	13.50%
Net Income Growth	-4.31%	-10.00%	33.14%	53.77%	9.29%	1.63%	30.60%	56.80%	-2.93%	13.90%
EPS Growth	-2.66%	-10.00%	33.14%	56.51%	11.37%	1.63%	30.60%	58.15%	-0.28%	15.16%
Operating Cash Flow Growth	5.75%	-7.24%	39.50%	29.97%	-5.17%	9.31%	67.84%	-5.18%	2.11%	41.41%
Free Cash Flow Firm Growth	4.30%	-8.11%	37.95%	-5.10%	65.88%	34.38%	91.07%	2.95%	36.34%	129.68%
Invested Capital Growth	7.48%	11.00%	14.84%	13.67%	-1.02%	7.37%	12.96%	15.34%	7.69%	11.89%
Revenue Q/Q Growth	-1.85%	0.07%	0.00%	6.85%	1.62%	-0.43%	3.48%	4.53%	0.37%	0.46%
EBITDA Q/Q Growth	-4.20%	0.17%	0.00%	7.83%	6.18%	-1.49%	8.52%	4.69%	0.65%	0.94%
EBIT Q/Q Growth	-5.33%	-0.56%	0.00%	9.29%	8.04%	-3.48%	9.79%	5.78%	-0.20%	0.30%
NOPAT Q/Q Growth	-4.65%	-0.25%	0.00%	9.37%	7.55%	-2.79%	-5.65%	37.78%	-1.21%	0.78%
Net Income Q/Q Growth	-4.79%	-0.09%	0.00%	9.41%	7.31%	-2.45%	-5.87%	38.43%	-1.24%	0.78%
EPS Q/Q Growth	-5.84%	-0.09%	0.00%	8.55%	6.17%	-2.45%	-5.87%	38.33%	-0.56%	1.13%
Operating Cash Flow Q/Q Growth	-2.10%	5.04%	0.00%	8.35%	1.10%	1.20%	9.28%	-1.32%	-4.42%	13.98%
Free Cash Flow Firm Q/Q Growth	-12.32%	131.39%	-68.79%	-2.10%	23.27%	-11.78%	20.33%	-19.04%	4.94%	28.75%
Invested Capital Q/Q Growth	0.83%	-0.83%	0.00%	3.64%	0.17%	3.42%	2.04%	6.68%	-1.30%	-0.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	51.64%	53.10%	53.43%	49.51%	45.62%	46.17%	45.53%	40.00%	38.28%	27.33%
EBITDA Margin	32.42%	33.41%	33.77%	31.38%	28.98%	26.34%	25.79%	23.32%	22.45%	22.22%
Operating Margin	26.55%	27.97%	29.40%	26.47%	22.59%	19.92%	20.21%	17.15%	16.17%	16.76%
EBIT Margin	26.50%	27.88%	29.36%	26.43%	22.47%	19.90%	20.10%	17.19%	16.11%	16.65%
Profit (Net Income) Margin	20.40%	21.13%	22.00%	19.68%	16.75%	14.98%	14.98%	13.81%	9.89%	10.25%
Tax Burden Percent	76.15%	75.22%	74.79%	74.50%	74.63%	74.70%	74.27%	80.54%	61.93%	62.18%
Interest Burden Percent	101.09%	100.75%	100.18%	99.93%	99.89%	100.78%	100.36%	99.76%	99.11%	98.99%
Effective Tax Rate	23.85%	24.78%	25.21%	25.50%	25.37%	25.30%	25.73%	19.46%	38.07%	37.82%
Return on Invested Capital (ROIC)	29.03%	33.26%	41.84%	36.02%	24.99%	23.27%	25.39%	22.14%	15.97%	18.11%
ROIC Less NNEP Spread (ROIC-NNEP)	23.89%	31.08%	41.70%	36.39%	25.82%	21.71%	26.68%	22.00%	12.40%	13.90%
Return on Net Nonoperating Assets (RNNOA)	-1.13%	-1.92%	-4.28%	-6.49%	-3.99%	-1.90%	-0.96%	0.33%	0.76%	1.06%
Return on Equity (ROE)	27.90%	31.34%	37.56%	29.53%	21.00%	21.37%	24.44%	22.47%	16.73%	19.17%
Cash Return on Invested Capital (CROIC)	21.82%	22.84%	28.03%	23.22%	26.01%	16.15%	13.22%	7.89%	8.56%	6.89%
Operating Return on Assets (OROA)	28.00%	31.60%	38.05%	30.23%	21.57%	21.68%	24.57%	20.03%	18.67%	21.18%
Return on Assets (ROA)	21.56%	23.95%	28.51%	22.51%	16.08%	16.32%	18.32%	16.09%	11.46%	13.04%
Return on Common Equity (ROCE)	27.90%	31.34%	37.56%	29.53%	21.00%	21.37%	24.44%	22.47%	16.73%	19.17%
Return on Equity Simple (ROE_SIMPLE)	27.94%	29.11%	37.70%	28.11%	20.22%	19.98%	22.60%	20.37%	15.98%	18.09%
Net Operating Profit after Tax (NOPAT)	1,176	1,234	1,377	1,037	677	612	607	464	300	310
NOPAT Margin	20.22%	21.04%	21.99%	19.72%	16.86%	14.88%	15.01%	13.81%	10.02%	10.42%
Net Nonoperating Expense Percent (NNEP)	5.15%	2.18%	0.14%	-0.38%	-0.83%	1.55%	-1.29%	0.14%	3.56%	4.20%
Return On Investment Capital (ROIC_SIMPLE)	27.31%	28.45%	36.68%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	48.36%	46.90%	46.57%	50.49%	54.38%	53.83%	54.47%	60.00%	61.72%	72.67%
SG&A Expenses to Revenue	14.38%	15.10%	16.43%	13.89%	12.56%	15.23%	15.76%	15.49%	14.23%	3.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.09%	25.13%	24.02%	23.04%	23.03%	26.24%	25.32%	22.86%	22.10%	10.56%
Earnings before Interest and Taxes (EBIT)	1,541	1,635	1,838	1,389	902	818	813	577	482	495
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,885	1,960	2,114	1,649	1,164	1,082	1,043	783	672	660
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.87	10.33	8.60	11.08	6.79	4.83	3.68	4.64	3.71	2.88
Price to Tangible Book Value (P/TBV)	8.87	10.33	8.60	11.08	6.79	4.83	3.71	4.68	3.75	2.91
Price to Revenue (P/Rev)	6.48	7.50	5.02	7.75	5.62	3.62	2.44	3.15	2.30	1.63
Price to Earnings (P/E)	31.75	35.50	22.81	39.40	33.57	24.18	16.30	22.77	23.21	15.92
Dividend Yield	0.59%	0.40%	0.43%	0.23%	0.31%	0.36%	0.43%	0.31%	0.00%	0.00%
Earnings Yield	3.15%	2.82%	4.38%	2.54%	2.98%	4.14%	6.13%	4.39%	4.31%	6.28%
Enterprise Value to Invested Capital (EV/IC)	8.96	11.18	8.89	13.11	8.15	5.34	3.84	4.69	3.58	2.75
Enterprise Value to Revenue (EV/Rev)	6.47	7.44	5.00	7.64	5.47	3.53	2.41	3.14	2.33	1.67
Enterprise Value to EBITDA (EV/EBITDA)	19.95	22.27	14.80	24.34	18.86	13.42	9.33	13.45	10.36	7.53
Enterprise Value to EBIT (EV/EBIT)	24.41	26.69	17.02	28.89	24.32	17.77	11.97	18.24	14.45	10.05
Enterprise Value to NOPAT (EV/NOPAT)	31.99	35.36	22.72	38.72	32.43	23.75	16.03	22.70	23.23	16.05
Enterprise Value to Operating Cash Flow (EV/OCF)	22.67	27.81	18.49	33.10	23.52	14.76	10.81	19.63	12.31	8.98
Enterprise Value to Free Cash Flow (EV/FCFF)	42.56	51.50	33.92	60.04	31.16	34.20	30.79	63.66	43.33	42.20
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.02	0.03	0.03	0.03	0.01	0.02	0.04	0.06	0.08
Long-Term Debt to Equity	0.01	0.01	0.02	0.03	0.03	0.01	0.02	0.02	0.06	0.06
Financial Leverage	-0.05	-0.06	-0.10	-0.18	-0.15	-0.09	-0.04	0.02	0.06	0.08
Leverage Ratio	1.29	1.31	1.32	1.31	1.31	1.31	1.33	1.40	1.46	1.47
Compound Leverage Factor	1.31	1.32	1.32	1.31	1.30	1.32	1.34	1.39	1.45	1.46
Debt to Total Capital	1.39%	1.84%	2.66%	2.64%	2.92%	1.44%	1.65%	4.01%	5.37%	7.36%
Short-Term Debt to Total Capital	0.46%	0.46%	0.53%	0.00%	0.00%	0.00%	0.00%	2.11%	0.00%	1.46%
Long-Term Debt to Total Capital	0.93%	1.38%	2.13%	2.64%	2.92%	1.44%	1.65%	1.90%	5.37%	5.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.61%	98.16%	97.34%	97.36%	97.08%	98.56%	98.35%	95.99%	94.63%	92.64%
Debt to EBITDA	0.03	0.04	0.05	0.06	0.09	0.04	0.04	0.12	0.16	0.20
Net Debt to EBITDA	-0.03	-0.18	-0.06	-0.37	-0.54	-0.33	-0.14	-0.04	0.14	0.19
Long-Term Debt to EBITDA	0.02	0.03	0.04	0.06	0.09	0.04	0.04	0.06	0.16	0.16
Debt to NOPAT	0.05	0.06	0.07	0.10	0.15	0.07	0.07	0.20	0.35	0.43
Net Debt to NOPAT	-0.04	-0.29	-0.10	-0.60	-0.93	-0.59	-0.24	-0.07	0.32	0.39
Long-Term Debt to NOPAT	0.03	0.05	0.06	0.10	0.15	0.07	0.07	0.10	0.35	0.35
Altman Z-Score	21.17	24.23	19.53	24.70	15.82	12.61	9.87	10.78	7.50	6.51
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.33	2.10	1.76	2.98	3.33	2.37	1.98	1.67	1.33	1.34
Quick Ratio	1.17	1.89	1.56	2.79	3.18	2.22	1.85	1.55	1.19	1.25
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	884	847	922	669	704	425	316	165	161	118
Operating Cash Flow to CapEx	220.89%	221.42%	224.63%	228.57%	421.44%	207.73%	154.84%	144.99%	138.83%	126.57%
Free Cash Flow to Firm to Interest Expense	4,168.90	1,826.26	590.00	387.09	253.21	1,126.41	1,671.96	76.78	37.08	22.62
Operating Cash Flow to Interest Expense	7,826.81	3,381.76	1,082.27	702.15	335.38	2,609.78	4,762.52	248.98	130.56	106.31
Operating Cash Flow Less CapEx to Interest Expense	4,283.44	1,854.45	600.47	394.95	255.80	1,353.45	1,686.81	77.26	36.52	22.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.06	1.13	1.30	1.14	0.96	1.09	1.22	1.17	1.16	1.27
Accounts Receivable Turnover	10.39	9.87	10.68	10.17	9.31	9.38	9.15	8.95	8.80	8.58
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.35	1.51	1.81	1.72	1.37	1.44	1.57	1.45	1.40	1.58
Accounts Payable Turnover	27.49	25.12	30.89	35.14	31.47	29.74	28.94	24.73	23.67	38.54
Days Sales Outstanding (DSO)	35.13	37.00	34.18	35.90	39.20	38.93	39.90	40.77	41.46	42.55
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	13.28	14.53	11.82	10.39	11.60	12.27	12.61	14.76	15.42	9.47
Cash Conversion Cycle (CCC)	21.86	22.47	22.36	25.52	27.60	26.65	27.28	26.01	26.04	33.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,196	3,904	3,517	3,063	2,695	2,722	2,535	2,244	1,946	1,807
Invested Capital Turnover	1.44	1.58	1.90	1.83	1.48	1.56	1.69	1.60	1.59	1.74
Increase / (Decrease) in Invested Capital	292	387	454	368	-28	187	291	298	139	192
Enterprise Value (EV)	37,612	43,644	31,282	40,139	21,947	14,525	9,730	10,529	6,961	4,973
Market Capitalization	37,661	43,998	31,417	40,756	22,579	14,883	9,875	10,562	6,866	4,850
Book Value per Share	$19.88	$39.02	$16.26	$32.00	$28.35	$38.59	$32.79	$27.64	$22.45	$19.92
Tangible Book Value per Share	$19.88	$39.02	$16.26	$32.00	$28.35	$38.59	$32.55	$27.40	$22.22	$19.69
Total Capital	4,305	4,338	3,753	3,780	3,426	3,126	2,725	2,372	1,956	1,818
Total Debt	60	80	100	100	100	45	45	95	105	134
Total Long-Term Debt	40	60	80	100	100	45	45	45	105	107
Net Debt	-49	-354	-136	-617	-632	-359	-145	-32	95	122
Capital Expenditures (CapEx)	751	709	753	531	221	474	581	370	407	438
Debt-free, Cash-free Net Working Capital (DFCFNWC)	91	185	188	203	139	97	159	156	84	111
Debt-free Net Working Capital (DFNWC)	200	619	424	920	870	501	349	284	94	123
Net Working Capital (NWC)	180	599	404	920	870	501	349	234	94	96
Net Nonoperating Expense (NNE)	-10	-5.34	-0.54	2.37	4.12	-3.92	1.14	0.04	3.87	5.11
Net Nonoperating Obligations (NNO)	-49	-354	-136	-617	-632	-359	-145	-32	95	122
Total Depreciation and Amortization (D&A)	345	324	276	260	261	265	230	206	190	165
Debt-free, Cash-free Net Working Capital to Revenue	1.57%	3.15%	3.01%	3.85%	3.45%	2.36%	3.94%	4.65%	2.80%	3.75%
Debt-free Net Working Capital to Revenue	3.44%	10.55%	6.77%	17.49%	21.67%	12.19%	8.64%	8.45%	3.14%	4.13%
Net Working Capital to Revenue	3.10%	10.21%	6.45%	17.49%	21.67%	12.19%	8.64%	6.96%	3.14%	3.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.51	$5.67	$6.13	$4.47	$2.86	$2.56	$2.46	$1.88	$1.19	$1.19
Adjusted Weighted Average Basic Shares Outstanding	215.33M	218.84M	224.68M	231.30M	235.47M	240.83M	245.77M	246.93M	249.34M	256.14M
Adjusted Diluted Earnings per Share	$5.48	$5.63	$6.09	$4.45	$2.84	$2.55	$2.46	$1.88	$1.19	$1.19
Adjusted Weighted Average Diluted Shares Outstanding	216.49M	220.18M	226.16M	232.82M	236.99M	241.22M	246.06M	247.22M	249.46M	256.14M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	212.55M	217.67M	220.05M	229.73M	233.87M	239.09M	243.44M	247.12M	247.40M	251.46M
Normalized Net Operating Profit after Tax (NOPAT)	1,176	1,234	1,377	1,037	677	612	607	464	300	310
Normalized NOPAT Margin	20.22%	21.04%	21.99%	19.72%	16.86%	14.88%	15.01%	13.81%	10.02%	10.42%
Pre Tax Income Margin	26.79%	28.09%	29.41%	26.41%	22.45%	20.05%	20.17%	17.15%	15.96%	16.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7,267.92	3,524.66	1,175.96	804.50	324.34	2,168.60	4,299.41	267.99	111.23	95.01
NOPAT to Interest Expense	5,545.84	2,659.83	880.76	600.31	243.28	1,622.28	3,210.64	215.33	69.17	59.46
EBIT Less CapEx to Interest Expense	3,724.55	1,997.35	694.16	497.30	244.76	912.27	1,223.70	96.27	17.19	11.02
NOPAT Less CapEx to Interest Expense	2,002.47	1,132.51	398.96	293.12	163.70	365.95	134.93	43.61	-24.88	-24.53
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.85%	14.13%	9.77%	8.93%	10.56%	8.86%	7.03%	7.10%	0.00%	0.00%
Augmented Payout Ratio	100.41%	50.72%	102.51%	60.79%	64.68%	48.01%	33.98%	8.83%	44.06%	37.45%

This table displays calculated financial ratios and metrics derived from Old Dominion Freight Line's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.84%	-7.34%	-2.97%	6.05%	1.24%	0.26%	-5.51%	-15.25%	-3.68%	0.00%	0.00%
EBITDA Growth	-9.35%	-16.37%	-7.61%	7.62%	2.75%	0.67%	-6.36%	-18.54%	-3.15%	0.00%	25.82%
EBIT Growth	-12.60%	-20.66%	-9.64%	7.95%	1.05%	-2.15%	-10.40%	-23.29%	-5.80%	0.00%	29.38%
NOPAT Growth	-11.58%	-17.93%	-9.05%	9.02%	1.15%	-0.95%	-10.38%	-22.40%	-5.31%	0.00%	31.51%
Net Income Growth	-12.88%	-18.48%	-9.05%	10.15%	2.55%	-0.34%	-10.10%	-22.26%	-4.91%	0.00%	0.00%
EPS Growth	-11.19%	-17.57%	-7.14%	11.28%	3.88%	-0.34%	-10.10%	-22.26%	-4.91%	0.00%	0.00%
Operating Cash Flow Growth	-20.61%	-8.16%	4.02%	34.75%	2.05%	20.85%	-16.52%	-32.64%	6.85%	0.00%	41.13%
Free Cash Flow Firm Growth	-4,945.30%	55.87%	102.29%	132.78%	100.33%	49.01%	-207.97%	-5,430.30%	-102.87%	64.19%	15,140.60%
Invested Capital Growth	7.63%	7.48%	5.72%	5.46%	7.93%	11.00%	0.00%	19.21%	18.03%	14.84%	-100.00%
Revenue Q/Q Growth	-0.79%	-5.74%	-1.90%	2.65%	-2.37%	-1.30%	7.22%	-2.01%	-3.32%	-6.99%	-3.82%
EBITDA Q/Q Growth	0.95%	-13.50%	-3.40%	7.47%	-6.87%	-4.44%	12.52%	2.61%	-8.76%	-11.11%	-2.12%
EBIT Q/Q Growth	1.11%	-16.95%	-4.58%	9.10%	-8.22%	-5.42%	13.99%	2.13%	-11.13%	-13.39%	-2.41%
NOPAT Q/Q Growth	-3.06%	-14.76%	-3.40%	10.77%	-10.03%	-5.53%	15.80%	2.78%	-11.90%	-14.52%	0.26%
Net Income Q/Q Growth	-3.22%	-14.72%	-4.18%	10.17%	-9.45%	-4.85%	16.05%	2.57%	-12.01%	-14.17%	0.35%
EPS Q/Q Growth	-2.46%	-14.69%	-3.38%	10.45%	-54.58%	-4.85%	16.05%	2.57%	-12.01%	-14.17%	1.82%
Operating Cash Flow Q/Q Growth	-16.09%	-10.17%	15.11%	-8.50%	-2.93%	1.74%	49.12%	-30.70%	14.95%	-29.72%	20.32%
Free Cash Flow Firm Q/Q Growth	-45.78%	-135.94%	-23.55%	11,998.84%	101.33%	98.13%	-992.06%	-23.01%	-103.15%	-103.96%	56,035.52%
Invested Capital Q/Q Growth	0.05%	0.83%	2.32%	4.27%	-0.09%	-0.83%	2.06%	6.72%	2.75%	0.00%	-100.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.12%	50.57%	51.56%	52.24%	52.12%	53.80%	54.16%	51.67%	52.66%	51.40%	55.76%
EBITDA Margin	30.99%	30.46%	33.19%	33.71%	32.20%	33.75%	34.86%	33.22%	31.72%	33.61%	35.17%
Operating Margin	24.59%	24.10%	27.33%	28.14%	26.47%	28.15%	29.37%	27.71%	26.56%	28.84%	30.93%
EBIT Margin	24.51%	24.05%	27.30%	28.07%	26.41%	28.09%	29.31%	27.57%	26.46%	28.78%	30.91%
Profit (Net Income) Margin	18.52%	18.99%	20.99%	21.49%	20.02%	21.59%	22.39%	20.69%	19.77%	21.72%	23.53%
Tax Burden Percent	75.20%	78.51%	76.55%	75.52%	74.40%	75.90%	76.01%	74.60%	74.20%	74.98%	76.08%
Interest Burden Percent	100.49%	100.56%	100.44%	101.39%	101.90%	101.24%	100.50%	100.58%	100.68%	100.62%	100.07%
Effective Tax Rate	24.80%	21.49%	23.45%	24.48%	25.60%	24.10%	23.99%	25.40%	25.80%	25.02%	23.92%
Return on Invested Capital (ROIC)	26.16%	27.17%	30.62%	32.02%	30.84%	33.78%	66.49%	34.69%	36.64%	41.15%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	26.00%	26.72%	29.28%	-4.32%	29.32%	32.44%	64.86%	34.52%	36.35%	40.80%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-1.62%	-1.26%	-0.50%	0.01%	-2.28%	-2.01%	-2.02%	-1.38%	-2.88%	-4.19%	0.00%
Return on Equity (ROE)	24.54%	25.90%	30.12%	32.03%	28.56%	31.77%	64.47%	33.31%	33.76%	36.96%	0.00%
Cash Return on Invested Capital (CROIC)	20.87%	21.82%	24.90%	26.58%	25.30%	22.84%	-137.14%	18.46%	24.22%	28.03%	200.00%
Operating Return on Assets (OROA)	25.21%	25.42%	30.16%	32.46%	29.29%	31.84%	64.86%	33.58%	33.92%	37.30%	0.00%
Return on Assets (ROA)	19.05%	20.07%	23.19%	24.85%	22.21%	24.47%	49.54%	25.19%	25.34%	28.15%	0.00%
Return on Common Equity (ROCE)	24.54%	25.90%	30.12%	32.03%	28.56%	31.77%	64.47%	33.31%	33.76%	36.96%	0.00%
Return on Equity Simple (ROE_SIMPLE)	27.12%	0.00%	29.83%	31.04%	28.33%	0.00%	30.53%	33.37%	36.37%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	254	262	308	318	288	320	338	292	284	323	377
NOPAT Margin	18.49%	18.92%	20.92%	21.25%	19.69%	21.37%	22.32%	20.67%	19.71%	21.63%	23.53%
Net Nonoperating Expense Percent (NNEP)	0.16%	0.45%	1.34%	36.34%	1.52%	1.34%	1.63%	0.17%	0.28%	0.35%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	5.92%	6.09%	-	-	-	7.37%	-	-	-	8.60%	-
Cost of Revenue to Revenue	49.88%	49.43%	48.44%	47.76%	47.88%	46.20%	45.84%	48.33%	47.34%	48.60%	44.24%
SG&A Expenses to Revenue	14.40%	13.90%	13.98%	14.22%	15.41%	14.31%	15.07%	14.62%	16.41%	16.85%	16.60%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.53%	26.46%	24.23%	24.10%	25.65%	25.65%	24.79%	23.96%	26.10%	22.56%	24.82%
Earnings before Interest and Taxes (EBIT)	337	333	401	421	386	420	444	390	382	429	496
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	426	422	488	505	470	505	528	469	457	501	564
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.30	8.87	10.19	9.33	10.86	10.33	10.95	10.53	9.95	8.60	0.00
Price to Tangible Book Value (P/TBV)	8.30	8.87	10.19	9.33	10.86	10.33	10.95	10.53	9.95	8.60	0.00
Price to Revenue (P/Rev)	6.14	6.48	7.19	6.43	8.12	7.50	7.59	6.78	6.01	5.02	0.00
Price to Earnings (P/E)	30.62	31.75	34.17	30.06	38.33	35.50	35.86	31.56	27.36	22.81	0.00
Dividend Yield	0.64%	0.59%	0.49%	0.52%	0.00%	0.40%	0.37%	0.38%	0.38%	0.43%	0.45%
Earnings Yield	3.27%	3.15%	2.93%	3.33%	2.61%	2.82%	2.79%	3.17%	3.65%	4.38%	0.00%
Enterprise Value to Invested Capital (EV/IC)	8.37	8.96	10.23	9.42	12.12	11.18	11.27	10.47	10.28	8.89	0.00
Enterprise Value to Revenue (EV/Rev)	6.13	6.47	7.18	6.42	8.04	7.44	7.57	6.79	5.99	5.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	19.08	19.95	21.62	19.09	23.97	22.27	22.67	20.27	17.70	14.80	0.00
Enterprise Value to EBIT (EV/EBIT)	23.54	24.41	26.15	22.95	28.84	26.69	26.97	23.81	20.47	17.02	0.00
Enterprise Value to NOPAT (EV/NOPAT)	30.75	31.99	34.51	30.33	38.21	35.36	35.85	31.64	27.30	22.72	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.35	22.67	25.11	22.85	29.97	27.81	29.69	25.58	21.62	18.49	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	41.57	42.56	42.22	36.39	49.73	51.50	0.00	61.68	45.94	33.92	9.33
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.03	0.03	0.00
Long-Term Debt to Equity	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.00
Financial Leverage	-0.06	-0.05	-0.02	0.00	-0.08	-0.06	-0.03	-0.04	-0.08	-0.10	-0.14
Leverage Ratio	1.29	1.29	1.30	1.30	1.30	1.31	1.30	1.32	1.34	1.32	1.35
Compound Leverage Factor	1.30	1.30	1.31	1.32	1.33	1.32	1.31	1.33	1.34	1.33	1.35
Debt to Total Capital	1.40%	1.39%	1.42%	1.44%	1.78%	1.84%	1.93%	2.04%	2.60%	2.66%	0.00%
Short-Term Debt to Total Capital	0.47%	0.46%	0.47%	0.48%	0.45%	0.46%	0.48%	0.51%	0.52%	0.53%	0.00%
Long-Term Debt to Total Capital	0.93%	0.93%	0.94%	0.96%	1.34%	1.38%	1.45%	1.53%	2.08%	2.13%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	98.60%	98.61%	98.58%	98.56%	98.22%	98.16%	98.07%	97.96%	97.40%	97.34%	0.00%
Debt to EBITDA	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.04	0.05	0.05	0.00
Net Debt to EBITDA	-0.02	-0.03	-0.01	-0.02	-0.25	-0.18	-0.06	0.01	-0.06	-0.06	0.00
Long-Term Debt to EBITDA	0.02	0.02	0.02	0.02	0.03	0.03	0.03	0.03	0.04	0.04	0.00
Debt to NOPAT	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.06	0.07	0.07	0.00
Net Debt to NOPAT	-0.03	-0.04	-0.01	-0.04	-0.40	-0.29	-0.10	0.02	-0.10	-0.10	0.00
Long-Term Debt to NOPAT	0.04	0.03	0.03	0.03	0.05	0.05	0.05	0.05	0.06	0.06	0.00
Altman Z-Score	19.10	20.44	22.83	21.16	25.39	23.50	24.08	23.63	21.05	18.57	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.32	1.33	1.33	1.46	2.29	2.10	1.73	1.45	1.57	1.76	0.00
Quick Ratio	1.19	1.17	1.16	1.27	2.15	1.89	1.55	1.22	1.43	1.56	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-43	-30	83	108	0.89	-67	-3,598	-329	-268	-132	3,333
Operating Cash Flow to CapEx	405.85%	240.23%	192.91%	165.15%	359.38%	549.06%	256.49%	121.28%	185.06%	134.67%	284.70%
Free Cash Flow to Firm to Interest Expense	-21,627.96	-1,186.91	4,345.79	824.51	24.13	-791.00	-39,980.45	-3,702.14	-1,339.30	-470.92	3,342.62
Operating Cash Flow to Interest Expense	168,259.50	16,042.36	23,498.74	2,960.73	11,456.57	5,137.56	4,769.28	3,234.16	2,076.84	1,290.53	515.73
Operating Cash Flow Less CapEx to Interest Expense	126,801.00	9,364.56	11,317.68	1,167.92	8,268.68	4,201.86	2,909.82	567.49	954.57	332.26	334.58
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.03	1.06	1.10	1.16	1.11	1.13	2.21	1.22	1.28	1.30	0.00
Accounts Receivable Turnover	9.78	10.39	9.76	10.32	9.94	9.87	0.00	9.50	9.84	10.68	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	1.33	1.35	1.39	1.44	1.48	1.51	0.00	1.61	1.76	1.81	0.00
Accounts Payable Turnover	30.77	27.49	26.62	27.18	25.85	25.12	0.00	23.67	23.78	30.89	0.00
Days Sales Outstanding (DSO)	37.33	35.13	37.38	35.37	36.70	37.00	0.00	38.40	37.10	34.18	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	11.86	13.28	13.71	13.43	14.12	14.53	0.00	15.42	15.35	11.82	0.00
Cash Conversion Cycle (CCC)	25.47	21.86	23.67	21.94	22.59	22.47	0.00	22.98	21.75	22.36	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,198	4,196	4,162	4,067	3,901	3,904	3,936	3,857	3,614	3,517	0.00
Invested Capital Turnover	1.41	1.44	1.46	1.51	1.57	1.58	2.98	1.68	1.86	1.90	0.00
Increase / (Decrease) in Invested Capital	297	292	225	210	287	387	3,936	622	552	454	-2,955
Enterprise Value (EV)	35,128	37,612	42,554	38,328	47,286	43,644	44,356	40,383	37,150	31,282	27,583
Market Capitalization	35,166	37,661	42,568	38,373	47,787	43,998	44,483	40,358	37,282	31,417	27,583
Book Value per Share	$19.93	$19.88	$19.49	$18.92	$20.23	$39.02	$37.18	$34.95	$34.05	$16.26	$0.00
Tangible Book Value per Share	$19.93	$19.88	$19.49	$18.92	$20.23	$39.02	$37.18	$34.95	$34.05	$16.26	$0.00
Total Capital	4,295	4,305	4,236	4,172	4,482	4,338	4,143	3,912	3,846	3,753	0.00
Total Debt	60	60	60	60	80	80	80	80	100	100	0.00
Total Long-Term Debt	40	40	40	40	60	60	60	60	80	80	0.00
Net Debt	-37	-49	-14	-45	-501	-354	-127	25	-132	-136	0.00
Capital Expenditures (CapEx)	83	167	231	235	118	80	167	237	224	268	181
Debt-free, Cash-free Net Working Capital (DFCFNWC)	100	91	127	170	152	185	215	192	115	188	0.00
Debt-free Net Working Capital (DFNWC)	197	200	201	274	733	619	422	248	347	424	0.00
Net Working Capital (NWC)	177	180	181	254	713	599	402	228	327	404	0.00
Net Nonoperating Expense (NNE)	-0.44	-0.91	-0.94	-3.59	-4.80	-3.27	-1.03	-0.25	-0.82	-1.33	0.01
Net Nonoperating Obligations (NNO)	-37	-49	-14	-45	-501	-354	-127	25	-132	-136	0.00
Total Depreciation and Amortization (D&A)	89	89	87	85	85	85	84	80	76	72	68
Debt-free, Cash-free Net Working Capital to Revenue	1.74%	1.57%	2.15%	2.84%	2.58%	3.15%	3.67%	3.23%	1.85%	3.01%	0.00%
Debt-free Net Working Capital to Revenue	3.44%	3.44%	3.40%	4.60%	12.46%	10.55%	7.20%	4.16%	5.60%	6.77%	0.00%
Net Working Capital to Revenue	3.09%	3.10%	3.06%	4.26%	12.12%	10.21%	6.86%	3.82%	5.28%	6.45%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.20	$1.22	$1.44	$1.49	$1.34	$0.74	$1.56	$1.34	$1.30	$0.72	$0.00
Adjusted Weighted Average Basic Shares Outstanding	212.40M	215.33M	214.09M	216.37M	217.59M	437.68M	218.39M	219.04M	219.91M	449.36M	0.00
Adjusted Diluted Earnings per Share	$1.19	$1.22	$1.43	$1.48	$1.34	$0.74	$1.55	$1.33	$1.29	$0.72	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	213.48M	216.49M	215.23M	217.54M	218.81M	440.36M	219.67M	220.40M	221.36M	452.31M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$1.22	$0.00	$0.00	$0.00	$0.74	$0.00	$0.00	$0.00	$0.72	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	211.33M	212.55M	213.50M	214.30M	217.29M	217.67M	218.23M	218.54M	219.30M	220.05M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	254	262	308	318	288	320	338	292	284	323	377
Normalized NOPAT Margin	18.49%	18.92%	20.92%	21.25%	19.69%	21.37%	22.32%	20.67%	19.71%	21.63%	23.53%
Pre Tax Income Margin	24.63%	24.19%	27.42%	28.45%	26.91%	28.44%	29.46%	27.73%	26.64%	28.96%	30.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	168,492.00	13,331.88	21,123.05	3,210.81	10,420.19	4,942.33	4,935.09	4,378.06	1,907.69	1,533.33	497.22
NOPAT to Interest Expense	127,108.54	10,489.49	16,191.37	2,430.95	7,770.29	3,759.30	3,758.40	3,282.18	1,421.11	1,152.14	378.55
EBIT Less CapEx to Interest Expense	127,033.50	6,654.08	8,942.00	1,418.01	7,232.30	4,006.62	3,075.63	1,711.39	785.43	575.06	316.07
NOPAT Less CapEx to Interest Expense	85,650.04	3,811.69	4,010.32	638.15	4,582.40	2,823.60	1,898.94	615.52	298.84	193.88	197.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.72%	18.85%	17.00%	15.66%	15.05%	14.13%	13.26%	12.06%	10.59%	9.77%	0.00%
Augmented Payout Ratio	114.03%	100.41%	86.86%	74.30%	46.91%	50.72%	59.05%	78.34%	89.90%	102.51%	0.00%

Frequently Asked Questions About Old Dominion Freight Line's Financials

When does Old Dominion Freight Line's fiscal year end?

According to the most recent income statement we have on file, Old Dominion Freight Line's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Old Dominion Freight Line's net income changed over the last 9 years?

Old Dominion Freight Line's net income appears to be on an upward trend, with a most recent value of $1.19 billion in 2024, rising from $304.69 million in 2015. The previous period was $1.24 billion in 2023. See Old Dominion Freight Line's forecast for analyst expectations on what’s next for the company.

What is Old Dominion Freight Line's operating income?

Old Dominion Freight Line's total operating income in 2024 was $1.54 billion, based on the following breakdown:

Total Gross Profit: $3.00 billion
Total Operating Expenses: $1.46 billion

How has Old Dominion Freight Line revenue changed over the last 9 years?

Over the last 9 years, Old Dominion Freight Line's total revenue changed from $2.97 billion in 2015 to $5.81 billion in 2024, a change of 95.6%.

How much debt does Old Dominion Freight Line have?

Old Dominion Freight Line's total liabilities were at $1.25 billion at the end of 2024, a 0.6% decrease from 2023, and a 59.5% increase since 2015.

How much cash does Old Dominion Freight Line have?

In the past 9 years, Old Dominion Freight Line's cash and equivalents has ranged from $10.17 million in 2016 to $462.56 million in 2021, and is currently $108.68 million as of their latest financial filing in 2024.

How has Old Dominion Freight Line's book value per share changed over the last 9 years?

Over the last 9 years, Old Dominion Freight Line's book value per share changed from 19.92 in 2015 to 19.88 in 2024, a change of -0.2%.

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This page (NASDAQ:ODFL) was last updated on 6/1/2025 by MarketBeat.com Staff

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Old Dominion Freight Line (ODFL) Financials

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Old Dominion Freight Line (ODFL) Financials

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