Old Dominion Freight Line (ODFL)
Market Price (4/19/2026): $218.01 | Market Cap: $45.5 BilSector: Industrials | Industry: Cargo Ground Transportation
Old Dominion Freight Line (ODFL)
Market Price (4/19/2026): $218.01Market Cap: $45.5 BilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% Stock buyback supportStock Buyback 3Y Total is 2.2 Bil Low stock price volatilityVol 12M is 40% Megatrend and thematic driversMegatrends include Future of Freight, E-commerce & DTC Adoption, and Automation & Robotics. Themes include Freight Technology, Show more. | Trading close to highsDist 52W High is 0.0% Weak multi-year price returns2Y Excs Rtn is -39%, 3Y Excs Rtn is -44% | Expensive valuation multiplesP/SPrice/Sales ratio is 8.3x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 33x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 33x Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.2%, Rev Chg QQuarterly Revenue Change % is -5.7% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 56% Key risksODFL key risks include [1] lower shipment volumes and rates due to a challenging macroeconomic environment and [2] intense competition creating pressure to sacrifice its pricing discipline to maintain market share. |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Stock buyback supportStock Buyback 3Y Total is 2.2 Bil |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Future of Freight, E-commerce & DTC Adoption, and Automation & Robotics. Themes include Freight Technology, Show more. |
| Trading close to highsDist 52W High is 0.0% |
| Weak multi-year price returns2Y Excs Rtn is -39%, 3Y Excs Rtn is -44% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 8.3x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 33x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 33x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.5%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.2%, Rev Chg QQuarterly Revenue Change % is -5.7% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 56% |
| Key risksODFL key risks include [1] lower shipment volumes and rates due to a challenging macroeconomic environment and [2] intense competition creating pressure to sacrifice its pricing discipline to maintain market share. |
Qualitative Assessment
AI Analysis | Feedback
1. Old Dominion Freight Line exceeded Q4 2025 earnings and revenue estimates and increased its quarterly dividend. The company reported diluted earnings per share (EPS) of $1.09 on February 4, 2026, surpassing the consensus estimate of $1.06 by $0.03. Quarterly revenue reached $1.31 billion, also above analysts' expectations of $1.30 billion. Furthermore, Old Dominion's Board of Directors declared a first-quarter 2026 cash dividend of $0.29 per share, marking a 3.6% increase compared to the first quarter of 2025. This strong financial performance and shareholder return initiative signaled stability and profitability despite a 5.7% year-over-year revenue decrease.
2. The company demonstrated robust yield management and provided a cautiously optimistic outlook amid improving freight market dynamics. Despite a 10.7% decline in Less-Than-Truckload (LTL) tons per day in Q4 2025, Old Dominion effectively managed its pricing, leading to a 4.9% increase in LTL revenue per hundredweight (excluding fuel surcharges) for the quarter. Management noted lean inventories and an improving manufacturing sector, with the Purchasing Managers' Index (PMI) rising to 52.6 in January 2026 from 47.9 in December 2025, historically preceding LTL volume improvements. The domestic freight market in 2026 is showing early signs of a modest rebound and tightening capacity, positioning Old Dominion, with its available capacity and strategic investments, to capitalize on increased demand and maintain its pricing power.
Show more
Stock Movement Drivers
Fundamental Drivers
The 39.1% change in ODFL stock from 12/31/2025 to 4/18/2026 was primarily driven by a 43.0% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 156.58 | 217.76 | 39.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,575 | 5,496 | -1.4% |
| Net Income Margin (%) | 19.0% | 18.6% | -1.8% |
| P/E Multiple | 31.1 | 44.4 | 43.0% |
| Shares Outstanding (Mil) | 210 | 209 | 0.5% |
| Cumulative Contribution | 39.1% |
Market Drivers
12/31/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| ODFL | 39.1% | |
| Market (SPY) | -5.4% | 43.5% |
| Sector (XLI) | 11.9% | 57.6% |
Fundamental Drivers
The 55.2% change in ODFL stock from 9/30/2025 to 4/18/2026 was primarily driven by a 64.2% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 140.31 | 217.76 | 55.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,639 | 5,496 | -2.5% |
| Net Income Margin (%) | 19.4% | 18.6% | -4.1% |
| P/E Multiple | 27.0 | 44.4 | 64.2% |
| Shares Outstanding (Mil) | 211 | 209 | 1.1% |
| Cumulative Contribution | 55.2% |
Market Drivers
9/30/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| ODFL | 55.2% | |
| Market (SPY) | -2.9% | 38.1% |
| Sector (XLI) | 12.9% | 54.9% |
Fundamental Drivers
The 32.5% change in ODFL stock from 3/31/2025 to 4/18/2026 was primarily driven by a 50.4% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 164.30 | 217.76 | 32.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,815 | 5,496 | -5.5% |
| Net Income Margin (%) | 20.4% | 18.6% | -8.7% |
| P/E Multiple | 29.5 | 44.4 | 50.4% |
| Shares Outstanding (Mil) | 213 | 209 | 2.1% |
| Cumulative Contribution | 32.5% |
Market Drivers
3/31/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| ODFL | 32.5% | |
| Market (SPY) | 16.3% | 52.7% |
| Sector (XLI) | 33.8% | 60.4% |
Fundamental Drivers
The 30.0% change in ODFL stock from 3/31/2023 to 4/18/2026 was primarily driven by a 65.5% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 167.55 | 217.76 | 30.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,260 | 5,496 | -12.2% |
| Net Income Margin (%) | 22.0% | 18.6% | -15.3% |
| P/E Multiple | 26.8 | 44.4 | 65.5% |
| Shares Outstanding (Mil) | 221 | 209 | 5.7% |
| Cumulative Contribution | 30.0% |
Market Drivers
3/31/2023 to 4/18/2026| Return | Correlation | |
|---|---|---|
| ODFL | 30.0% | |
| Market (SPY) | 63.3% | 48.2% |
| Sector (XLI) | 78.8% | 58.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ODFL Return | 84% | -20% | 43% | -13% | -10% | 36% | 124% |
| Peers Return | 41% | -15% | 54% | 10% | 4% | 30% | 173% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 87% |
Monthly Win Rates [3] | |||||||
| ODFL Win Rate | 75% | 33% | 67% | 50% | 42% | 75% | |
| Peers Win Rate | 68% | 40% | 62% | 53% | 57% | 70% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ODFL Max Drawdown | -2% | -35% | -1% | -17% | -28% | 0% | |
| Peers Max Drawdown | -3% | -30% | -7% | -14% | -27% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: XPO, R, WERN, ODFL, JBHT. See ODFL Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/17/2026 (YTD)
How Low Can It Go
| Event | ODFL | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -36.2% | -25.4% |
| % Gain to Breakeven | 56.8% | 34.1% |
| Time to Breakeven | 229 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -28.7% | -33.9% |
| % Gain to Breakeven | 40.2% | 51.3% |
| Time to Breakeven | 50 days | 148 days |
| 2018 Correction | ||
| % Loss | -31.2% | -19.8% |
| % Gain to Breakeven | 45.4% | 24.7% |
| Time to Breakeven | 227 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -50.8% | -56.8% |
| % Gain to Breakeven | 103.3% | 131.3% |
| Time to Breakeven | 615 days | 1,480 days |
Compare to XPO, R, WERN, ODFL, JBHT
In The Past
Old Dominion Freight Line's stock fell -36.2% during the 2022 Inflation Shock from a high on 12/7/2021. A -36.2% loss requires a 56.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Old Dominion Freight Line (ODFL)
AI Analysis | Feedback
Here are 1-3 brief analogies for Old Dominion Freight Line (ODFL):
- The UPS or FedEx for larger, palletized business shipments.
- Think of them as a business-to-business UPS or FedEx, specialized in moving freight that doesn't fill an entire truck.
AI Analysis | Feedback
```html- Less-Than-Truckload (LTL) Freight Shipping: Transporting smaller shipments from multiple customers in a single truck trailer across regional, inter-regional, and national distances, including expedited options.
- Container Drayage: Transporting shipping containers over short distances, typically between ports, rail yards, and warehouses.
- Truckload Brokerage: Arranging for the transportation of full truckload shipments for customers using third-party carriers.
- Supply Chain Consulting: Providing expert advice and solutions to optimize customers' supply chain operations.
AI Analysis | Feedback
Old Dominion Freight Line (ODFL) operates as a less-than-truckload (LTL) motor carrier, providing transportation and logistics services primarily to other businesses rather than individual consumers.
Due to the highly diversified nature of its business and extensive customer base across various industries, Old Dominion Freight Line does not publicly disclose specific "major customer companies" by name. LTL carriers like ODFL typically serve tens of thousands of businesses of varying sizes. Therefore, there are no individually identifiable major customer companies whose names or symbols can be listed.
Instead, ODFL's customer base consists of a broad range of businesses that require the shipment of goods and supply chain services. These typically include, but are not limited to:
- Manufacturers across diverse sectors
- Retailers and wholesalers
- Distributors
- E-commerce companies
- Other businesses requiring expedited shipping, container drayage, truckload brokerage, or supply chain consulting services.
AI Analysis | Feedback
nullAI Analysis | Feedback
Kevin "Marty" Freeman - President and Chief Executive Officer
Mr. Freeman has served as the President and Chief Executive Officer of Old Dominion Freight Line since July 2023. He joined the company in February 1992 and has held various roles, including Executive Vice President and Chief Operating Officer (May 2018 - July 2023), Senior Vice President – Sales (January 2011 - May 2018), and Vice President of Field Sales (May 1997 - December 2010). He has 45 years of experience in the transportation industry.
Adam N. Satterfield - Executive Vice President, Chief Financial Officer and Assistant Secretary
Mr. Satterfield was appointed Executive Vice President, Chief Financial Officer, and Assistant Secretary in July 2023. He previously served as Senior Vice President - Finance, Chief Financial Officer, and Assistant Secretary since January 2016. Mr. Satterfield joined Old Dominion in October 2004 as Manager - SEC Reporting. Prior to joining Old Dominion, he was an Audit Manager with KPMG LLP, a global accounting firm. He is a Certified Public Accountant.
David S. Congdon - Executive Chairman of the Board
Mr. Congdon has served as the Executive Chairman of the Board since May 2018. He previously held the positions of Vice Chairman of the Board and Chief Executive Officer from May 2015 to May 2018, and President and Chief Executive Officer from January 2008 to April 2015. Mr. Congdon is the grandson of the company's founders and was named president and COO in 1997.
Gregory B. Plemmons - Executive Vice President and Chief Operating Officer
Mr. Plemmons was appointed Executive Vice President and Chief Operating Officer effective July 2023. His prior roles include Senior Vice President – Sales (since January 2019), Vice President – Field Sales (September 2013 - January 2019), and Vice President – OD Global (December 2002 - September 2013). He has 36 years of experience in the transportation industry, having joined Old Dominion in April 1997.
Christopher T. Brooks - Senior Vice President - Human Resources & Safety
Mr. Brooks serves as the Senior Vice President - Human Resources & Safety at Old Dominion Freight Line. Detailed background information regarding previous companies managed, companies sold, or private equity involvement is not available in the provided search results.
AI Analysis | Feedback
```htmlKey Risks to Old Dominion Freight Line (ODFL)
- Economic Downturns and Weak Freight Demand: Old Dominion Freight Line's business is highly susceptible to general economic conditions. A slowdown or recession in the domestic economy directly impacts Less-Than-Truckload (LTL) volumes and overall freight demand, leading to reduced revenue and potential margin pressure. Prolonged "freight recessions" and declining LTL tons per day pose a persistent risk to the company's profitability.
- Geopolitical Factors and Trade Tensions: Ongoing geopolitical friction, especially concerning US-China trade, creates volatility in LTL freight volumes. New import tariffs or changes in trade policy can significantly impact the volume of goods requiring LTL distribution from ports to inland destinations, directly affecting Old Dominion Freight Line's top line.
- Fuel Price Volatility and Availability: As a motor carrier, fuel represents a significant operating expense for Old Dominion Freight Line. Fluctuations in diesel fuel prices or interruptions in its supply can materially affect operating results, even with the use of fuel surcharge programs, as these may not fully offset increased costs.
AI Analysis | Feedback
The clear emerging threat for Old Dominion Freight Line is the advancement and commercialization of **autonomous trucking technologies**. This technology has the potential to fundamentally disrupt the core operational model and cost structure of traditional motor carriers like ODFL by significantly reducing the need for human drivers, which constitutes a major portion of operating expenses. Autonomous trucks could also lead to more optimized routes, increased vehicle utilization, and round-the-clock operations, potentially creating a significant competitive advantage for early adopters or new entrants leveraging these capabilities. This mirrors how ride-sharing services disrupted traditional taxi businesses by leveraging technology to change the cost structure and operational efficiency of transportation.
AI Analysis | Feedback
The addressable markets for Old Dominion Freight Line's (ODFL) main products and services in North America are substantial, as of 2024:
- The Less-Than-Truckload (LTL) market in North America generated an estimated revenue of approximately USD 84.63 billion in 2024. This market is projected to grow to approximately USD 120.55 billion by 2030.
- The North American freight brokerage market, which includes truckload brokerage, was valued at USD 18.6 billion in 2024. It is estimated to reach USD 22.77 billion in 2025 and is expected to grow to USD 32.79 billion by 2030.
- For supply chain consulting services, the North American market was valued at USD 22.0 billion in 2024. Another estimate places the North America Supply Chain Consulting Market size at USD 9.66 billion in 2024, with an expected compound annual growth rate (CAGR) of 16.8% from 2024 to 2031.
- The container drayage market in North America was valued at USD 8.5 billion in 2024 and is projected to increase to USD 13.5 billion by 2035.
AI Analysis | Feedback
Old Dominion Freight Line (ODFL) is expected to drive future revenue growth over the next 2-3 years through a combination of factors, including leveraging an eventual economic recovery, continuing to gain market share through superior service, maintaining disciplined pricing strategies, and ongoing strategic investments in its infrastructure and technology.
Expected Drivers of Future Revenue Growth:
- Anticipated Economic Recovery and Increased Demand: The company is well-positioned to capitalize on an eventual improvement in the domestic economy and a rebound in overall demand for less-than-truckload (LTL) services. Despite recent periods of softness, ODFL has maintained significant excess service center capacity (approximately 35% in Q4 2025) that can readily absorb increased shipment volumes without requiring substantial new capital expenditures. This allows the company to benefit disproportionately as the freight cycle inflects positively and end-market demand recovers.
- Continued Market Share Gains through Superior Service: Old Dominion Freight Line consistently emphasizes its "best-in-class value proposition," characterized by a 99% on-time service performance and a cargo claims ratio of 0.1%. This superior service quality and reliability enable the company to strengthen customer relationships and continuously win market share from competitors, even during challenging economic environments. Management has expressed confidence in gaining market share over the long term due to these service advantages and network capabilities.
- Disciplined Pricing and Yield Management: ODFL maintains a consistent, cost-based approach to pricing and actively implements yield management initiatives. This strategy focuses on improving the profitability of each customer account through yield increases designed to offset cost inflation. The company has demonstrated its ability to increase LTL revenue per hundredweight even when tonnage decreases, aiming for a "positive spread" where revenue per shipment outperforms cost per shipment. This disciplined approach to pricing is a fundamental component of its long-term strategic plan.
- Strategic Investments in Network Capacity and Technology: Old Dominion Freight Line continues to make substantial capital expenditures in its operational infrastructure, including real estate, service center expansion projects, tractors, trailers, and information technology. These ongoing investments are critical for enhancing network density, reducing transit times, improving operational efficiencies, and expanding competitive service offerings. Such strategic investments support the company's long-term growth objectives and its ability to meet evolving customer needs.
AI Analysis | Feedback
Share Repurchases
- In 2025, Old Dominion Freight Line utilized $730.3 million for its share repurchase program.
- The company used $967 million in cash for share repurchases in 2024, which included a $200 million accelerated share repurchase program.
- As of March 2026, a $1.54 billion share repurchase authorization was still active, and a new $200 million stock repurchase program was announced.
Capital Expenditures
- Old Dominion Freight Line's capital expenditures were $415.0 million in 2025, with projected expenditures of $265 million for 2026.
- In 2024, capital expenditures amounted to $771 million, with $373 million specifically allocated to real estate and service center expansion projects.
- Planned capital expenditures for 2026 are focused on $125 million for real estate and service center expansion, $95 million for tractors and trailers, and $45 million for information technology and other assets.
Latest Trefis Analyses
Trade Ideas
Select ideas related to ODFL.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 03312026 | NSP | Insperity | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03312026 | TNC | Tennant | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 03272026 | ADP | Automatic Data Processing | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 1.0% | 1.0% | 0.0% |
| 03272026 | HURN | Huron Consulting | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 4.0% | 4.0% | 0.0% |
| 03272026 | TRU | TransUnion | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.2% | 5.2% | 0.0% |
| 09122025 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 25.2% | 35.3% | -12.8% |
| 02282025 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.2% | 15.9% | -28.1% |
| 11302022 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.8% | 29.1% | -6.9% |
| 05312022 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 13.2% | 20.6% | -10.1% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 225.02 |
| Mkt Cap | 23.2 |
| Rev LTM | 8,156 |
| Op Inc LTM | 865 |
| FCF LTM | 459 |
| FCF 3Y Avg | -92 |
| CFO LTM | 1,370 |
| CFO 3Y Avg | 1,533 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.7% |
| Rev Chg 3Y Avg | -3.3% |
| Rev Chg Q | -1.6% |
| QoQ Delta Rev Chg LTM | -0.4% |
| Op Inc Chg LTM | 3.7% |
| Op Inc Chg 3Y Avg | -9.5% |
| Op Mgn LTM | 8.7% |
| Op Mgn 3Y Avg | 8.2% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 14.0% |
| CFO/Rev 3Y Avg | 13.3% |
| FCF/Rev LTM | 4.0% |
| FCF/Rev 3Y Avg | -2.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 23.2 |
| P/S | 1.9 |
| P/Op Inc | 33.4 |
| P/EBIT | 33.4 |
| P/E | 38.9 |
| P/CFO | 13.9 |
| Total Yield | 2.8% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | -2.1% |
| D/E | 0.2 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 20.1% |
| 3M Rtn | 20.2% |
| 6M Rtn | 49.4% |
| 12M Rtn | 67.2% |
| 3Y Rtn | 41.5% |
| 1M Excs Rtn | 11.7% |
| 3M Excs Rtn | 16.3% |
| 6M Excs Rtn | 55.0% |
| 12M Excs Rtn | 32.6% |
| 3Y Excs Rtn | -30.3% |
Comparison Analyses
Price Behavior
| Market Price | $217.76 | |
| Market Cap ($ Bil) | 45.5 | |
| First Trading Date | 10/24/1991 | |
| Distance from 52W High | 0.0% | |
| 50 Days | 200 Days | |
| DMA Price | $196.46 | $162.90 |
| DMA Trend | up | up |
| Distance from DMA | 10.8% | 33.7% |
| 3M | 1YR | |
| Volatility | 47.0% | 39.9% |
| Downside Capture | 0.14 | 0.62 |
| Upside Capture | 210.60 | 135.48 |
| Correlation (SPY) | 39.1% | 42.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.95 | 1.49 | 1.63 | 1.22 | 1.19 | 1.17 |
| Up Beta | -0.20 | -1.05 | 0.34 | 0.19 | 1.13 | 1.17 |
| Down Beta | 0.89 | 2.39 | 1.99 | 1.48 | 1.05 | 0.87 |
| Up Capture | 330% | 256% | 282% | 213% | 159% | 182% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 13 | 26 | 36 | 70 | 130 | 395 |
| Down Capture | 194% | 91% | 102% | 96% | 123% | 108% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 9 | 16 | 27 | 56 | 122 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ODFL | |
|---|---|---|---|---|
| ODFL | 43.7% | 40.0% | 1.00 | - |
| Sector ETF (XLI) | 39.0% | 15.4% | 1.93 | 55.3% |
| Equity (SPY) | 21.1% | 12.9% | 1.32 | 44.1% |
| Gold (GLD) | 50.9% | 27.5% | 1.49 | -1.6% |
| Commodities (DBC) | 25.2% | 16.2% | 1.40 | -1.9% |
| Real Estate (VNQ) | 17.5% | 13.7% | 0.93 | 42.1% |
| Bitcoin (BTCUSD) | -7.8% | 42.6% | -0.08 | 15.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ODFL | |
|---|---|---|---|---|
| ODFL | 12.4% | 35.9% | 0.41 | - |
| Sector ETF (XLI) | 13.1% | 17.3% | 0.60 | 62.8% |
| Equity (SPY) | 10.8% | 17.1% | 0.49 | 57.0% |
| Gold (GLD) | 22.6% | 17.8% | 1.04 | 4.6% |
| Commodities (DBC) | 11.6% | 18.8% | 0.51 | 10.3% |
| Real Estate (VNQ) | 4.4% | 18.8% | 0.14 | 46.4% |
| Bitcoin (BTCUSD) | 5.2% | 56.5% | 0.31 | 20.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ODFL | |
|---|---|---|---|---|
| ODFL | 26.1% | 32.9% | 0.79 | - |
| Sector ETF (XLI) | 14.2% | 19.9% | 0.63 | 62.3% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 59.4% |
| Gold (GLD) | 14.3% | 15.9% | 0.75 | 2.9% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 17.9% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 42.9% |
| Bitcoin (BTCUSD) | 68.4% | 66.9% | 1.07 | 12.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/4/2026 | 9.9% | 2.5% | 11.2% |
| 10/29/2025 | 0.0% | 3.9% | -0.9% |
| 7/30/2025 | -9.7% | -9.2% | -5.1% |
| 4/23/2025 | 0.8% | -1.6% | 8.0% |
| 2/5/2025 | 5.4% | 12.0% | -3.2% |
| 10/23/2024 | -5.5% | 0.9% | 7.4% |
| 7/24/2024 | 0.4% | 5.8% | 4.7% |
| 4/24/2024 | -11.0% | -17.1% | -21.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 17 | 18 |
| # Negative | 10 | 7 | 6 |
| Median Positive | 2.5% | 5.6% | 7.7% |
| Median Negative | -4.2% | -2.4% | -6.4% |
| Max Positive | 10.3% | 15.9% | 21.6% |
| Max Negative | -11.0% | -17.1% | -21.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/05/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Dividends | 0.29 | ||||||
| 2026 Capital Expenditures | 265.00 Mil | -41.1% | Lower New | Actual: 450.00 Mil for 2025 | |||
| 2026 Real Estate and Service Center Expansion | 125.00 Mil | ||||||
| 2026 Tractors and Trailers | 95.00 Mil | ||||||
| 2026 Information Technology and Other Assets | 45.00 Mil | ||||||
Prior: Q3 2025 Earnings Reported 10/29/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Capital Expenditures | 450.00 Mil | 0 | Affirmed | Guidance: 450.00 Mil for 2025 | |||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Satterfield, Adam N | EVP and CFO | 401(k) plan | Buy | 3042025 | 175.93 | 2,457 | 432,260 | 4,150,892 | Form |
| 2 | Gantt, Greg C | Direct | Sell | 2102026 | 196.43 | 12,024 | 2,361,874 | 21,736,551 | Form | |
| 3 | Gabosch, Bradley R | Direct | Sell | 2192026 | 194.27 | 3,134 | 608,842 | 2,190,977 | Form | |
| 4 | Congdon, Earl E | Chair Emeritus & Sr. Advisor | Earl E. Congdon Trust - 1990 | Sell | 2272026 | 196.13 | 25,000 | 4,903,174 | 424,048,629 | Form |
| 5 | Congdon, David S | Executive Chairman | David S. Congdon Revocable Trust Dated 12/3/91 | Sell | 2232026 | 194.77 | 52,000 | 10,127,840 | 138,829,314 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.