Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Old Dominion Freight Line, Inc.

ODFL · Nasdaq · Industrial

Fundamental quality

REASONABLE

71

out of 100

Old Dominion Freight Line, Inc. runs like a cash machine: it converts about 18.7% of revenue into free cash flow and holds a 18.5% net margin, though it grows at a measured pace. On fundamental quality it scores 71 out of 100, profiling it as a company of reasonable quality. Its weakest area is its growth (revenue +6%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Old Dominion Freight Line is America's best-run less-than-truckload carrier: it moves shipments that don't fill a whole truck, combining them across its network with punctuality and margins that are the industry's envy.

What will shape its future

  • The industrial and inventory cycle, governing how many pallets travel each day.
  • Its service and pricing discipline: it charges premium because it delivers on time — that reputation is the moat.
  • The spare capacity it keeps on purpose, to grow when the cycle turns.

Breakdown by area

I.Growth
33

EPS growth: -3.2% · Revenue growth: 6%

II.Profitability
86

Net margin: 18.5% · ROE: 22.9% · ROIC: 24.3%

III.Financial health
94

Net debt/EBITDA: -0.15x · FCF: 18.7%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 83%
ROEbeats 63%
Growthbeats 37%
Cash generationbeats 84%
Less debtbeats 94%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Old Dominion Freight Line, Inc. strengths

  • Strong free-cash-flow generation (FCF margin of 18.7%): profit turns into real cash.
  • Strong return on equity (ROE of 22.9%): it puts shareholder capital to good use.
  • High net margin (18.5%), high even for its sector: the business is clearly profitable.
  • Net cash position: more cash than debt.

Old Dominion Freight Line, Inc. risks and weaknesses

  • Declining earnings per share (-3.2% annualized).

Old Dominion Freight Line, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20204,015673708-301
20215,2561,034663-363
20226,2601,377916-86
20235,8661,240812-354
20245,8151,186888-49
20255,4961,024955-80

Between 2020 and 2025, revenue went from $4,015M to $5,496M (+37%) and net income went from $673M to $1,024M (+52%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue-2.9%
  • Net income-6.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1.12

per share, yearly

23% of earnings

Payout

3 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Old Dominion Freight Line, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Old Dominion Freight Line, Inc. a good company to invest in?

In terms of business quality, Old Dominion Freight Line, Inc. scores 71 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Old Dominion Freight Line, Inc. a profitable company?

Yes. Old Dominion Freight Line, Inc. shows a net margin of 18.5% and an ROE of 22.9%, a sign of a profitable business.

Does Old Dominion Freight Line, Inc. have a lot of debt?

No. Old Dominion Freight Line, Inc. has a net cash position: more cash than debt.

Is Old Dominion Freight Line, Inc. growing?

Its revenue has grown 6% annualized in recent years.

Does Old Dominion Freight Line, Inc. generate cash?

Yes. It converts about 18.7% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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