Financials Old Dominion Freight Line, Inc.

Equities

ODFL

US6795801009

Ground Freight & Logistics

Market Closed - Nasdaq 21:00:00 22/04/2024 BST 5-day change 1st Jan Change
211.6 USD -0.11% Intraday chart for Old Dominion Freight Line, Inc. -3.80% +4.40%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,149 22,901 41,218 31,352 44,227 46,047 - -
Enterprise Value (EV) 1 14,790 22,269 40,855 31,266 43,873 45,473 45,071 44,323
P/E ratio 24.8 x 34.4 x 40.3 x 23.3 x 36 x 33.1 x 28.5 x 25.8 x
Yield 0.36% 0.31% 0.22% 0.42% 0.39% 0.45% 0.56% 0.52%
Capitalization / Revenue 3.69 x 5.7 x 7.84 x 5.01 x 7.54 x 7.29 x 6.65 x 5.99 x
EV / Revenue 3.6 x 5.55 x 7.77 x 4.99 x 7.48 x 7.2 x 6.51 x 5.77 x
EV / EBITDA 13.8 x 19.1 x 24.7 x 14.8 x 22.3 x 20.6 x 18 x 16.3 x
EV / FCF 29.3 x 31.5 x 61.7 x 34.1 x 54 x 47.1 x 37.6 x 35.2 x
FCF Yield 3.41% 3.18% 1.62% 2.93% 1.85% 2.13% 2.66% 2.84%
Price to Book 4.95 x 6.95 x 11.2 x 8.73 x 10.4 x 9.23 x 7.81 x 6.43 x
Nbr of stocks (in thousands) 239,471 234,663 230,022 220,963 218,227 217,626 - -
Reference price 2 63.26 97.59 179.2 141.9 202.7 211.6 211.6 211.6
Announcement Date 06/02/20 04/02/21 02/02/22 01/02/23 31/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,109 4,015 5,256 6,260 5,866 6,318 6,920 7,686
EBITDA 1 1,072 1,168 1,651 2,117 1,965 2,207 2,501 2,718
EBIT 1 818.7 906.9 1,392 1,841 1,641 1,845 2,108 2,300
Operating Margin 19.92% 22.59% 26.47% 29.4% 27.97% 29.2% 30.46% 29.92%
Earnings before Tax (EBT) 1 823.9 901.4 1,388 1,841 1,648 1,865 2,142 2,363
Net income 1 615.5 672.7 1,034 1,377 1,240 1,387 1,591 1,761
Net margin 14.98% 16.75% 19.68% 22% 21.13% 21.95% 22.99% 22.91%
EPS 2 2.553 2.840 4.445 6.090 5.630 6.393 7.422 8.193
Free Cash Flow 1 504.6 707.9 662.5 916.4 811.8 966.5 1,199 1,259
FCF margin 12.28% 17.63% 12.6% 14.64% 13.84% 15.3% 17.33% 16.38%
FCF Conversion (EBITDA) 47.05% 60.6% 40.12% 43.3% 41.31% 43.8% 47.95% 46.31%
FCF Conversion (Net income) 81.98% 105.24% 64.05% 66.55% 65.5% 69.68% 75.37% 71.5%
Dividend per Share 2 0.2267 0.3000 0.4000 0.6000 0.8000 0.9561 1.192 1.101
Announcement Date 06/02/20 04/02/21 02/02/22 01/02/23 31/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,400 1,410 1,497 1,667 1,604 1,492 1,442 1,413 1,515 1,496 1,472 1,563 1,651 1,622 1,651
EBITDA 1 448.6 439.3 473 577 564.4 502.3 459 471.4 529.1 505.7 475.8 561.5 596.9 565.4 560.6
EBIT 1 383.4 372.5 405.6 508.7 496.1 430.2 383 391.6 445 421 389.4 473.5 506.5 472.7 469.7
Operating Margin 27.39% 26.41% 27.09% 30.51% 30.93% 28.84% 26.56% 27.71% 29.37% 28.15% 26.46% 30.3% 30.67% 29.14% 28.45%
Earnings before Tax (EBT) 1 383 371.8 405.1 508.2 496.1 432 384.1 391.9 446.4 425.3 391.3 480 513.3 478.3 472.1
Net income 1 286.6 278.8 299.8 376.1 377.4 323.9 285 292.4 339.3 322.8 290.9 356 380.4 355.6 351.4
Net margin 20.47% 19.77% 20.02% 22.55% 23.53% 21.72% 19.76% 20.69% 22.39% 21.59% 19.77% 22.78% 23.04% 21.92% 21.29%
EPS 2 1.235 1.205 1.300 1.650 1.680 1.460 1.290 1.300 1.545 1.470 1.342 1.624 1.759 1.657 1.622
Dividend per Share 2 0.1000 0.1000 0.1500 0.1500 0.1500 0.1500 0.2000 0.2000 - 0.2000 0.2233 0.2233 0.2233 0.2233 -
Announcement Date 27/10/21 02/02/22 27/04/22 27/07/22 26/10/22 01/02/23 26/04/23 26/07/23 25/10/23 31/01/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 359 632 363 86.3 354 575 977 1,724
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 505 708 663 916 812 966 1,199 1,259
ROE (net income / shareholders' equity) 21.4% 21% 29.5% 37.6% 31.3% 30.2% 31% 29%
ROA (Net income/ Total Assets) 16.3% 16.1% 22.5% 28.5% 23.9% 23.2% 23.9% 21.8%
Assets 1 3,770 4,182 4,595 4,830 5,176 5,984 6,666 8,076
Book Value Per Share 2 12.80 14.00 16.00 16.30 19.50 22.90 27.10 32.90
Cash Flow per Share 2 4.080 3.940 5.210 7.480 3.580 8.180 9.380 -
Capex 1 479 225 550 775 757 741 764 875
Capex / Sales 11.66% 5.61% 10.47% 12.38% 12.91% 11.72% 11.04% 11.38%
Announcement Date 06/02/20 04/02/21 02/02/22 01/02/23 31/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
23
Last Close Price
211.6 USD
Average target price
213.7 USD
Spread / Average Target
+0.99%
Consensus
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