Old Dominion Freight Line, Inc.

ODFL Industrials Trucking

Old Dominion Freight Line, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, down 5.48% from fiscal 2024. In the quarter to June 2026, revenue grew 10.4%, EPS grew 33.1%, free cash flow grew 124.0% and total debt fell 88.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years.

187.72 1.16 −0.61%
Market cap
$39.2B
P/E
36.0×
Fwd P/E
45.1×
Dividend yield
0.61%
F-score
7/9
Altman Z
20.00
Beneish M
−2.79
Dividend safety
92/100

Old Dominion Freight Line, Inc. (ODFL) Return on invested capital

Alert me on Return on invested capital

Old Dominion Freight Line, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 21.1%, up 1.0 percentage points from fiscal 2025 (20.1%). Over the past ten years it has ranged from 15.5% (fiscal 2016) to 32.7% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Trucking industry median of −0.05% and above the Industrials sector median of 2.30%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 20.1% (2.89)
FY2024 23.0% (3.27)
FY2023 26.3% (6.44)
FY2022 32.7% 4.44
FY2021 28.3% 7.34
FY2020 20.9% 2.22
FY2019 18.7% (1.43)
FY2018 20.1% 4.10
FY2017 16.0% 0.50
FY2016 15.5% (1.69)

Against its own ten years

Low 15.5% High 32.7%
Ten-year median 20.1%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
ODFL Old Dominion Freight Line, Inc. 21.1%
XPO XPO, Inc. compare 9.66%
SAIA Saia, Inc. compare 8.54%
TFII TFI International Inc. compare 7.50%
SNDR Schneider National, Inc. compare 3.53%
KNX Knight-Swift Transportation Holdings Inc. compare 1.47%
ARCB ArcBest Corporation compare 1.39%
WERN Werner Enterprises, Inc. compare −0.82%
RXO RXO INC compare −2.39%
Trucking industry median −0.05%
Industrials sector median 2.30%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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