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Upturn stock ratingUpturn stock rating
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Old Dominion Freight Line Inc (ODFL)

Upturn stock ratingUpturn stock rating
$170.23
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

03/27/2025: ODFL (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 2.31%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

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

ai summary icon Upturn AI SWOT

Old Dominion Freight Line Inc

stock logo

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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 21895

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.

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