Old Dominion Freight Line, Inc. (ODFL) vs Werner Enterprises, Inc. (WERN)

Old Dominion Freight Line, Inc. and Werner Enterprises, Inc. are both Trucking companies. Old Dominion Freight Line, Inc. is the larger, with a market value of $39.2B against $2.0B — 19.6× the size. Werner Enterprises, Inc. has negative trailing earnings, so its P/E is not meaningful; Old Dominion Freight Line, Inc. trades at 36.0×. Werner Enterprises, Inc. grew revenue faster over the last twelve months: 9.64% against −0.64%. Old Dominion Freight Line, Inc. has the higher net margin (19.4% vs −1.42%) and the higher return on invested capital (21.1% vs −0.82%). Both pay a dividend; Werner Enterprises, Inc. yields more (1.71% vs 0.61%). Across the 22 metrics below, Old Dominion Freight Line, Inc. leads on 14 and Werner Enterprises, Inc. on 8.

Valuation

Metric ODFL WERN Trucking median
P/E 35.96 n/m 54.27
P/S 6.96 0.61 1.15
P/B 8.57 1.45 1.80
Price to free cash flow 32.60 11.08 13.17
EV/EBITDA 21.32 9.57 11.38
EV/Sales 6.91 0.84 1.03
Earnings yield 2.78% (2.32%) 0.21%
Free cash flow yield 3.07% 9.03% 4.53%

Profitability

Metric ODFL WERN Trucking median
Gross margin 97.94% 52.75% 51.20%
Operating margin 25.84% (0.86%) 0.00%
Net margin 19.44% (1.42%) 0.16%
Free cash flow margin 21.34% 5.46% 5.45%
Return on equity 24.82% (3.33%) 0.31%
Return on assets 19.30% (1.52%) 0.18%
Return on invested capital 21.12% (0.82%) (0.05%)

Growth

Metric ODFL WERN Trucking median
Revenue growth (TTM) (0.64%) 9.64% 4.46%
EPS growth (last fiscal year) (11.68%) (143.64%) (40.10%)
Revenue growth, 5-year CAGR 6.48% 4.63% 6.08%
Net income growth, 5-year CAGR 8.76% 0.00% 0.00%

Health

Metric ODFL WERN Trucking median
Debt to equity 0.00 0.60 0.17
Current ratio 1.89 1.45 1.52
Net debt to EBITDA (0.05) 2.32 1.59

Dividend

Metric ODFL WERN Trucking median
Dividend yield 0.61% 1.71% 1.20%
Payout ratio 0.22 — 0.70

Size

Metric ODFL WERN Trucking median
Market cap 39.17b 2.00b 1.53b

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