
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Old Dominion Freight Line Inc (ODFL)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: ODFL (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 2.31% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 36.18B USD | Price to earnings Ratio 30.78 | 1Y Target Price 197.14 |
Price to earnings Ratio 30.78 | 1Y Target Price 197.14 | ||
Volume (30-day avg) 2029066 | Beta 1.11 | 52 Weeks Range 157.67 - 232.61 | Updated Date 03/27/2025 |
52 Weeks Range 157.67 - 232.61 | Updated Date 03/27/2025 | ||
Dividends yield (FY) 0.66% | Basic EPS (TTM) 5.53 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 20.4% | Operating Margin (TTM) 24.1% |
Management Effectiveness
Return on Assets (TTM) 17.54% | Return on Equity (TTM) 27.9% |
Valuation
Trailing PE 30.78 | Forward PE 30.4 | Enterprise Value 36132859798 | Price to Sales(TTM) 6.22 |
Enterprise Value 36132859798 | Price to Sales(TTM) 6.22 | ||
Enterprise Value to Revenue 6.21 | Enterprise Value to EBITDA 18.99 | Shares Outstanding 212544992 | Shares Floating 189979168 |
Shares Outstanding 212544992 | Shares Floating 189979168 | ||
Percent Insiders 10.17 | Percent Institutions 80.64 |
Analyst Ratings
Rating 3.08 | Target Price 199.67 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 17 | Sell 1 | Strong Sell 2 | |
Strong Sell 2 |
Upturn AI SWOT
Old Dominion Freight Line Inc

Company Overview
History and Background
Old Dominion Freight Line, Inc. was founded in 1934 in Richmond, Virginia. Initially a small, family-owned regional carrier, it has grown into a leading less-than-truckload (LTL) transportation company across North America through strategic expansion and acquisitions.
Core Business Areas
- LTL Services: Core offering, providing direct service to customers across North America. Focus on on-time and reliable delivery of shipments that are too large for parcel carriers but not large enough for full truckload.
- Truckload Services: Offers full truckload shipping solutions, complementing its LTL services.
- Supply Chain Services: Provides a range of supply chain solutions, including warehousing, distribution, and logistics management. Includes ground and air expedited transportation.
Leadership and Structure
The company is led by David Congdon (Executive Chairman) and Marty Freeman (President & CEO). The organizational structure is hierarchical, with regional and terminal management reporting to corporate leadership.
Top Products and Market Share
Key Offerings
- LTL Services: Core offering. ODFL is one of the largest LTL providers in the US. Competitors include XPO, Saia, and ArcBest. ODFL's strength is their on-time performance and low claim ratio.
- Expedited Services: Provides time-critical shipping solutions. Competitors include FedEx Freight and UPS Freight (TFI International). Market share is smaller than LTL but growing.
- Specialized Services: Includes services for handling hazardous materials and other specialized cargo. Market share varies by specific niche, but is a differentiator for ODFL.
Market Dynamics
Industry Overview
The LTL industry is highly competitive and cyclical, influenced by economic growth, freight demand, and fuel prices. Consolidation continues to be a trend.
Positioning
Old Dominion Freight Line is known for its premium service, operational efficiency, and strong financial performance. They generally command higher prices due to quality.
Total Addressable Market (TAM)
The LTL market is estimated to be over $50 billion annually. ODFL's TAM is the entire LTL market, with a focus on shippers who value reliability and service. They are expanding their network to increase penetration of this TAM.
Upturn SWOT Analysis
Strengths
- Superior Service Quality
- Industry-Leading On-Time Performance
- Low Claim Ratio
- Strong Financial Performance
- Extensive Network Coverage
- Skilled and Motivated Workforce
Weaknesses
- Higher Price Point Compared to Some Competitors
- Exposure to Economic Cycles
- Reliance on Fuel Prices
- Significant Capital Expenditures Required for Network Expansion
Opportunities
- Increasing E-commerce Shipments
- Growing Demand for Supply Chain Solutions
- Expansion into New Markets
- Technology Adoption for Increased Efficiency
- Consolidation in the LTL Industry
Threats
- Economic Downturns
- Rising Fuel Costs
- Increased Competition
- Labor Shortages
- Government Regulations
- Disruptive Technologies (e.g., autonomous trucks)
Competitors and Market Share
Key Competitors
- XPO (XPO)
- Saia (SAIA)
- ArcBest (ARCB)
- TFI International (TFII)
Competitive Landscape
ODFL differentiates itself through superior service quality and a low claim ratio. While its prices are generally higher, its performance justifies the premium for many customers. Competitors focus on price competition or specific geographic regions.
Major Acquisitions
Southeastern Freight Lines
- Year: 2023
- Acquisition Price (USD millions): 105
- Strategic Rationale: Expanded service offerings in the southeastern region, increasing market share and customer base and increase the terminal count in that region.
Growth Trajectory and Initiatives
Historical Growth: ODFL has demonstrated consistent growth in revenue and profitability over the past decade, driven by organic expansion and strategic investments.
Future Projections: Analyst estimates suggest continued growth for ODFL, albeit potentially at a slower pace due to macroeconomic conditions. The company's focus on service quality and efficiency is expected to drive long-term value creation.
Recent Initiatives: Recent initiatives include expansion of service centers, investment in technology to improve efficiency, and strategic acquisitions to expand network coverage.
Summary
Old Dominion Freight Line Inc. is a strong player in the LTL market, known for its exceptional service and efficiency. Its higher price point is a potential vulnerability during economic downturns. They have opportunities for continued growth by expanding their market reach and service capabilities, they must manage competitive pressures and rising costs effectively.
Similar Companies
- XPO
- SAIA
- ARCB
- TFII
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Analyst Research
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share figures are estimates and may vary. All financial information is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Old Dominion Freight Line Inc
Exchange NASDAQ | Headquaters Thomasville, NC, United States | ||
IPO Launch date 1991-10-24 | President, CEO & Director Mr. Kevin M. Freeman | ||
Sector Industrials | Industry Trucking | Full time employees 21895 | Website https://www.odfl.com |
Full time employees 21895 | Website https://www.odfl.com |
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the company operates service and fleet maintenance centers. As of December 31, 2024, it owned and operated 11,284 tractors, 31,451 linehaul trailers, and 15,263 pickup and delivery trailers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.