Old Dominion Freight Line, Inc. (ODFL) vs TFI International Inc. (TFII)

Old Dominion Freight Line, Inc. and TFI International Inc. are both Trucking companies. Old Dominion Freight Line, Inc. is the larger, with a market value of $39.2B against $9.4B — 4.2× the size. TFI International Inc. trades at the lower P/E: 27.9× against 36.0×. Old Dominion Freight Line, Inc. grew revenue faster over the last twelve months: −0.64% against −1.72%. Old Dominion Freight Line, Inc. has the higher net margin (19.4% vs 4.13%) and the higher return on invested capital (21.1% vs 7.50%). Both pay a dividend; TFI International Inc. yields more (1.65% vs 0.61%). Across the 23 metrics below, Old Dominion Freight Line, Inc. leads on 13 and TFI International Inc. on 10.

Valuation

Metric ODFL TFII Trucking median
P/E 35.96 27.92 54.27
P/S 6.96 1.15 1.15
P/B 8.57 3.42 1.80
Price to free cash flow 32.60 13.10 13.17
EV/EBITDA 21.32 9.70 11.38
EV/Sales 6.91 1.43 1.03
Earnings yield 2.78% 3.58% 0.21%
Free cash flow yield 3.07% 7.63% 4.53%

Profitability

Metric ODFL TFII Trucking median
Gross margin 97.94% 49.65% 51.20%
Operating margin 25.84% 7.36% 0.00%
Net margin 19.44% 4.13% 0.16%
Free cash flow margin 21.34% 8.80% 5.45%
Return on equity 24.82% 12.41% 0.31%
Return on assets 19.30% 4.57% 0.18%
Return on invested capital 21.12% 7.50% (0.05%)

Growth

Metric ODFL TFII Trucking median
Revenue growth (TTM) (0.64%) (1.72%) 4.46%
EPS growth (last fiscal year) (11.68%) (25.00%) (40.10%)
Revenue growth, 5-year CAGR 6.48% 15.83% 6.08%
Net income growth, 5-year CAGR 8.76% 2.41% 0.00%

Health

Metric ODFL TFII Trucking median
Debt to equity 0.00 0.90 0.17
Current ratio 1.89 1.09 1.52
Net debt to EBITDA (0.05) 2.01 1.59

Dividend

Metric ODFL TFII Trucking median
Dividend yield 0.61% 1.65% 1.20%
Payout ratio 0.22 0.46 0.70

Size

Metric ODFL TFII Trucking median
Market cap 39.17b 9.40b 1.53b

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