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Industrials · S&P 500 · data as of 2026-10-05

ODFL stock analysis: Old Dominion Freight

Old Dominion Freight (ODFL) is an S&P 500 company in Cargo Ground Transportation. It grades weakest on momentum, growth and value.

The model's view of ODFL · subscribers

Where ODFL ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with ODFL · updated 2026-10-05 · from prices and SEC filings

ODFL price performance

ODFL against the S&P 500, one year
+0%+50%ODFL +28%S&P 500 +18%2025-09-292026-10-05
Year to date+14.9%S&P 500 +14.5% · ahead by 0.4 pts
1 year+27.7%S&P 500 +17.0% · ahead by 10.6 pts
3 years-9.5%S&P 500 +89.3% · behind by 98.7 pts
5 years+27.1%S&P 500 +91.3% · behind by 64.2 pts

Total returns with dividends reinvested.

ODFL factor grades

Each grade compares ODFL with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D+ValueP/E 34.5x (sector 27.2x)FCF yield 3.0% (sector 4.0%)
C-GrowthRevenue growth -1% (sector +7%)EPS growth +2% (sector +9%)
BProfitabilityOperating margin 25.8% (sector 16.9%)ROIC 25.4% (sector 19.9%)
C-Momentum12-month change +28%From 52-wk high -28%

ODFL in plain numbers

ODFL key statistics

SectorIndustrials
IndustryCargo Ground Transportation
IndexS&P 500
Market value$37.2B
Revenue growth (y/y)-1%
Free-cash-flow yield3.0%
Dividend yield0.6%
Next earnings (expected)2026-10-28
Valuation measures
Market value$37.2B
Enterprise value$36.9B
P/E (trailing)34.5x
Forward P/E (Torvanta estimate)33.0x
PEG (Torvanta estimate)7.15
Price / sales6.6x
Price / book8.2x
EV / revenue6.6x
EV / EBITDA20.3x
Financial highlights
Revenue, last 12 months$5.6B
Net income, last 12 months$1.1B
EPS, last 12 months (GAAP)$5.20
Operating margin25.8%
Net margin19.4%
Return on equity24.8%
Return on invested capital25.4%
Cash$283.9M
Total debt$20.0M
Debt / equity0.00x
Free cash flow, last 12 months$1.1B
Current ratio1.89x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

ODFL earnings trends

Revenue vs earnings
$0$388.5M$777.0M$1.2B$1.6BSep 2024 Revenue: $1.5BDec 2024 Revenue: $1.4BMar 2025 Revenue: $1.4BJun 2025 Revenue: $1.4BSep 2025 Revenue: $1.4BDec 2025 Revenue: $1.3BMar 2026 Revenue: $1.3BJun 2026 Revenue: $1.6BSep 2024 Net income: $308.6MDec 2024 Net income: $263.1MMar 2025 Net income: $254.7MJun 2025 Net income: $268.6MSep 2025 Net income: $270.9MDec 2025 Net income: $229.5MMar 2026 Net income: $238.3MJun 2026 Net income: $350.6MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 21.0%Net margin: 19.0%Net margin: 18.5%Net margin: 19.1%Net margin: 19.3%Net margin: 17.6%Net margin: 17.9%Net margin: 22.6%0%11%23%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.4$0.8$1.3$1.7Sep 2024 EPS (GAAP, diluted): $1.4Dec 2024 EPS (GAAP, diluted): $1.2Mar 2025 EPS (GAAP, diluted): $1.2Jun 2025 EPS (GAAP, diluted): $1.3Sep 2025 EPS (GAAP, diluted): $1.3Dec 2025 EPS (GAAP, diluted): $1.1Mar 2026 EPS (GAAP, diluted): $1.1Jun 2026 EPS (GAAP, diluted): $1.7Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -10% · Dec 2025 -11% · Mar 2026 -4% · Jun 2026 +32%

From the company's 10-Q and 10-K filings with the SEC.

Old Dominion Freight financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$5.3B$6.3B$5.9B$5.8B$5.5B
Net income$1.0B$1.4B$1.2B$1.2B$1.0B
EPS (GAAP)$4.45$6.09$5.63$5.48$4.84
Free cash flow$662.5M$916.4M$811.8M$888.0M$1.0B

ODFL earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-29$1.68+32%+10%-6.2%
2026-04-29$1.14-4%-3%-5.2%
2026-02-04$1.10-11%-6%+8.2%
2025-10-29$1.28-10%-4%+1.9%
2025-07-30$1.27-14%-6%-7.4%
2025-04-23$1.19-11%-6%+0.8%

About Old Dominion Freight

HeadquartersThomasville, NC
Industry (SEC code)Trucking (No Local)
Fiscal year endsDecember 31
Incorporated inVA
Listed onNasdaq
FormerlyOLD DOMINION FREIGHT LINE INC/VA

From the company's SEC registration record.

Companies similar to ODFL

CompanyMarket valueP/ERevenue growthOperating margin12-month change
ODFL Old Dominion Freight$37.2B34.5x-1%25.8%+28%
UAL United Airlines$35.7B10.3x+8%7.7%+15%compare
PAYX Paychex$35.5B20.4x+17%38.6%-16%compare
EME Emcor$34.4B24.3x+19%10.4%+19%compare
AXON Axon Enterprise$33.5B170.9x+35%0.7%-42%
FERG Ferguson Enterprises$43.1B23.3x-8%9.0%-2%
RKLB Rocket Lab$43.7Bn/a+53%-29.1%+30%

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Frequently asked questions

Is ODFL stock a buy?

Torvanta does not tell individuals what to buy. Its grades for ODFL are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is ODFL's P/E ratio?

ODFL trades at about 34.5 times its last 12 months of GAAP earnings reported to the SEC, and about 33.0 times Torvanta's own estimate of the next 12 months.

When does ODFL report earnings next?

Based on its filing history, Torvanta expects Old Dominion Freight to report around 2026-10-28.

Does ODFL pay a dividend?

Yes. Its dividend yield is about 0.6%, and it has raised its dividend 8 years in a row.

How has ODFL performed against the S&P 500?

Over the past year ODFL returned +27.7%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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