Value Sense
ODFL
Old Dominion Freight Line, Inc. (ODFL)
Last Price$165.22.5%
Market Cap$35.4B
LTM Revenue
$5,814.8M
-0.9% YoY
LTM Net Income
$1,186.1M
-4.3% YoY
LTM Net Debt
($68.7M)
Net Debt to FCF - (0.1x)
LTM Free Cash Flow (FCF)
$888.0M
15.3% margin

ODFL Income Statement

ODFL Income Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Revenue
$5,814.8M (0.9%) YoY
Gross profit
$2,022.8M (2.4%) YoY
34.8% margin
Cost of revenue
$3,792.0M (0.1%) YoY
Operating income
$1,544.0M (5.9%) YoY
26.6% margin
Other: $3,200.0K
Net interest: $16.8M
Operating expenses
$478.8M 11.0% YoY
Pre-tax income
$1,557.6M (5.5%) YoY
26.8% margin
Net income
$1,186.1M (4.3%) YoY
20.4% margin
Income tax
$371.5M
23.9% tax rate
SG&A
$309.7M 10.2% YoY
5.3% of revenue

ODFL Income statement key metrics

Annual
Quarterly
LTM

Revenue

$5,814.8M -0.9% YoY

Operating Income

$1,544.0M -5.9% YoY

Net Income

$1,186.1M -4.3% YoY

ODFL Balance Sheet

ODFL Balance Sheet Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$5,491.4M
Current assets ($720.7M, 13.1% of total)
Cash & ST investments
$108.7M (2.0%)
Other current assets
$590.9M (10.8%)
Non-current assets ($4,770.7M, 86.9% of total)
Other non-current assets
$4,070.5M (74.1%)
Financial position
Net Debt
($48.7M)
$108.7M$60.0M
Cash & Short-term Investments
Total Debt
Quick ratio
0.2x
Net Debt to Free Cash Flow
(0.1x)
Debt to Equity ratio
1.4%

ODFL Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$5,491.4M -0.4% YoY

Liabilities

$1,246.8M -0.6% YoY

Shareholder's Equity

$4,244.6M -0.3% YoY

ODFL Cash Flow Statement

ODFL Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Dec'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$433.8M$1,659.3M($751.2M)($1,233.2M)$0.0$108.7M

ODFL Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,659.3M +5.7% YoY

Capital Expenditure (CAPEX)

($771.3M) +1.8% YoY

Free Cash Flow (FCF)

$888.0M +9.4% YoY

ODFL Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Revenue
% growth
1,061.4
28.8%
1,279.4
20.5%
1,401.5
9.5%
1,537.7
9.7%
1,245.0
(19.0%)
1,481.0
19.0%
1,903.8
28.5%
2,134.6
12.1%
2,337.6
9.5%
2,787.9
19.3%
2,972.4
6.6%
2,991.5
0.6%
3,358.1
12.3%
4,043.7
20.4%
4,109.1
1.6%
4,015.1
(2.3%)
5,256.3
30.9%
6,260.1
19.1%
5,866.2
(6.3%)
5,814.8
(0.9%)
Cost of Goods Sold (COGS)244.6309.3204.2400.8265.31,199.21,500.31,663.91,801.42,100.42,214.92,246.92,482.72,899.52,938.92,786.53,481.34,004.03,794.03,792.0
Gross Profit
% margin
816.8
77.0%
970.1
75.8%
1,197.4
85.4%
1,136.9
73.9%
979.7
78.7%
281.8
19.0%
403.5
21.2%
470.7
22.1%
536.2
22.9%
687.5
24.7%
757.5
25.5%
744.6
24.9%
875.4
26.1%
1,144.2
28.3%
1,170.2
28.5%
1,228.6
30.6%
1,775.1
33.8%
2,256.1
36.0%
2,072.2
35.3%
2,022.8
34.8%
Operating Expenses719.3839.7976.91,001.2901.2144.1169.4185.5197.8246.2259.3260.8299.5327.2351.5321.7383.5415.5431.5478.8
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)663.4772.0846.2914.1806.482.195.7108.6123.8144.8153.6152.4177.2194.4206.1184.2223.8258.9281.1309.7
Operating Income
% margin
97.6
9.2%
130.5
10.2%
129.9
9.3%
129.1
8.4%
70.4
5.7%
137.7
9.3%
234.1
12.3%
285.3
13.4%
338.4
14.5%
441.3
15.8%
498.2
16.8%
483.8
16.2%
575.9
17.1%
817.1
20.2%
818.7
19.9%
906.9
22.6%
1,391.6
26.5%
1,840.6
29.4%
1,640.7
28.0%
1,544.0
26.6%
Interest Income0.22.21.51.00.00.10.20.10.10.10.20.10.73.16.81.80.84.912.817.0
Interest Expense6.712.414.514.013.012.614.111.59.66.65.24.32.20.20.42.81.71.60.50.2
Pre-tax Income90.3119.3115.8112.757.2124.4220.1273.1328.7432.5490.0477.6575.8815.5823.9901.41,388.41,841.31,647.81,557.6
Income Tax
% effective tax rate
36.4
40.3%
46.8
39.2%
44.0
38.0%
44.0
39.0%
22.3
39.0%
48.8
39.2%
80.6
36.6%
103.6
38.0%
122.6
37.3%
165.0
38.1%
185.3
37.8%
181.8
38.1%
112.1
19.5%
209.8
25.7%
208.4
25.3%
228.7
25.4%
354.0
25.5%
464.2
25.2%
408.3
24.8%
371.5
23.9%
Net Income
% margin
53.5
5.0%
72.6
5.7%
71.8
5.1%
68.7
4.5%
34.9
2.8%
75.7
5.1%
139.5
7.3%
169.5
7.9%
206.1
8.8%
267.5
9.6%
304.7
10.3%
295.8
9.9%
463.8
13.8%
605.7
15.0%
615.5
15.0%
672.7
16.8%
1,034.4
19.7%
1,377.2
22.0%
1,239.5
21.1%
1,186.1
20.4%
EPS0.210.290.280.280.140.300.540.660.801.031.191.191.882.462.564.374.476.135.665.51
Diluted EPS0.210.290.280.280.140.300.540.660.801.031.191.191.882.462.554.364.456.095.635.48
EBITDA
% margin
152.7
14.4%
199.4
15.6%
210.1
15.0%
213.8
13.9%
165.0
13.3%
217.4
14.7%
325.0
17.1%
395.4
18.5%
465.4
19.9%
585.6
21.0%
660.6
22.2%
671.8
22.5%
783.7
23.3%
1,046.1
25.9%
1,078.0
26.2%
1,168.1
29.1%
1,651.5
31.4%
2,119.0
33.8%
1,972.7
33.6%
1,902.4
32.7%