Cash flow Old Dominion Freight Line, Inc.

Equities

ODFL

US6795801009

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 04:00:00 2025-12-05 pm EST			5-day change	1st Jan Change
155.15 ^USD	+1.07%		+14.68%	-12.05%

Dec. 03	Citigroup Adjusts Price Target on Old Dominion Freight Line to $170 From $168, Maintains Buy Rating	MT
Dec. 02	Old Dominion Freight Line Reports November Operating Metrics	MT

f00a0b18e127006a60f50eac0a8277.HZBm0ttJTkc-djDJxt_Yk4IffJ1KiwA3b1uF3LTlq-4.K9gfiugtHyZ_Qnqdg-2AzM5bOq4V_lpOGSzmt8Kp261_3g7lrA82D3c9eQ

Published financial data: OLD DOMINION FREIGHT LINE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	4.02B	5.26B	6.26B	5.87B	5.81B
Total Revenues	4.02B	5.26B	6.26B	5.87B	5.81B
Cost of Goods Sold, Total	2.56B	3.26B	3.77B	3.51B	3.49B
Gross Profit	1.46B	2B	2.49B	2.35B	2.33B
Selling General & Admin Expenses, Total	153M	190M	218M	238M	269M
Stock-Based Compensation (IS)	-	-	-	-	-
Depreciation & Amortization - (IS)	261M	260M	276M	324M	345M
Other Operating Expenses	138M	160M	157M	150M	169M
Other Operating Expenses, Total	551M	609M	651M	713M	783M
Operating Income	907M	1.39B	1.84B	1.64B	1.54B
Interest Expense, Total	-2.78M	-1.73M	-1.56M	-464K	-212K
Interest And Investment Income	1.83M	786K	4.88M	12.8M	17.01M
Net Interest Expenses	-952K	-941K	3.32M	12.34M	16.8M
Other Non Operating Income (Expenses)	-4.57M	-2.24M	-2.6M	-5.23M	-3.2M
EBT, Excl. Unusual Items	901M	1.39B	1.84B	1.65B	1.56B
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	901M	1.39B	1.84B	1.65B	1.56B
Income Tax Expense	229M	354M	464M	408M	372M
Earnings From Continuing Operations	673M	1.03B	1.38B	1.24B	1.19B
Net Income to Company	673M	1.03B	1.38B	1.24B	1.19B
Net Income - (IS)	673M	1.03B	1.38B	1.24B	1.19B
Net Income to Common Incl Extra Items	673M	1.03B	1.38B	1.24B	1.19B
Net Income to Common Excl. Extra Items	673M	1.03B	1.38B	1.24B	1.19B
Per Share Items
Net EPS - Basic	2.86	4.47	6.13	5.66	5.51
Basic EPS - Continuing Operations	2.86	4.47	6.13	5.66	5.51
Basic Weighted Average Shares Outstanding	235M	231M	225M	219M	215M
Net EPS - Diluted	2.84	4.44	6.09	5.63	5.48
Diluted EPS - Continuing Operations	2.84	4.44	6.09	5.63	5.48
Diluted Weighted Average Shares Outstanding	237M	233M	226M	220M	216M
Normalized Basic EPS	2.39	3.75	5.12	4.71	4.52
Normalized Diluted EPS	2.38	3.73	5.09	4.68	4.5
Dividend Per Share	0.3	0.4	0.6	0.8	1.04
Payout Ratio	10.56	8.93	9.77	14.13	18.85
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	1.17B	1.65B	2.12B	1.97B	1.89B
EBITA	907M	1.39B	1.84B	1.64B	1.54B
EBIT	907M	1.39B	1.84B	1.64B	1.54B
EBITDAR	1.18B	1.67B	2.14B	1.99B	1.91B
Effective Tax Rate - (Ratio)	25.37	25.5	25.21	24.78	23.85
Current Domestic Taxes	270M	324M	402M	355M	352M
Total Current Taxes	270M	324M	402M	355M	352M
Deferred Domestic Taxes	-41.01M	30.16M	62.01M	53.34M	19.34M
Total Deferred Taxes	-41.01M	30.16M	62.01M	53.34M	19.34M
Normalized Net Income	563M	868M	1.15B	1.03B	973M
Interest Capitalized	2.47M	2.66M	3.26M	3.36M	2.76M
Interest on Long-Term Debt	2.78M	1.73M	1.56M	464K	212K
Supplemental Operating Expense Items
Advertising Expense	19M	28.1M	29M	34.6M	34.5M
Selling and Marketing Expenses	19M	28.1M	29M	34.6M	34.5M
Net Rental Expense, Total	16M	19M	20M	24.5M	23.3M
Imputed Operating Lease Interest Expense	4.23M	3.26M	3.85M	3.77M	3.01M
Imputed Operating Lease Depreciation	11.77M	15.74M	16.15M	20.73M	20.29M
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	14.3M	15.04M	15.9M	11.08M	11.35M
Total Stock-Based Compensation	14.3M	15.04M	15.9M	11.08M	11.35M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	401M	463M	186M	434M	109M
Short Term Investments	330M	254M	49.36M	-	-
Total Cash And Short Term Investments	732M	717M	236M	434M	109M
Accounts Receivable, Total	445M	567M	579M	579M	502M
Other Receivables	9.57M	31.63M	26.48M	36.44M	26.14M
Total Receivables	454M	599M	605M	615M	528M
Prepaid Expenses	57.41M	67.69M	92.94M	94.21M	84.32M
Total Current Assets	1.24B	1.38B	934M	1.14B	721M
Gross Property Plant And Equipment	4.7B	5.24B	5.91B	6.37B	6.94B
Accumulated Depreciation	-1.68B	-1.92B	-2.13B	-2.15B	-2.33B
Net Property Plant And Equipment	3.02B	3.32B	3.78B	4.21B	4.61B
Goodwill	-	-	-	-	-
Other Long-Term Assets, Total	108M	122M	123M	157M	161M
Total Assets	4.37B	4.82B	4.84B	5.51B	5.49B
Liabilities
Accounts Payable, Total	68.51M	82.52M	106M	113M	91.82M
Accrued Expenses, Total	283M	368M	386M	396M	413M
Current Portion of Long-Term Debt	-	-	20M	20M	20M
Current Portion of Leases	13M	14M	17.3M	15.6M	15.7M
Current Income Taxes Payable	8.71M	-	-	-	-
Total Current Liabilities	373M	464M	530M	545M	541M
Long-Term Debt	99.93M	99.95M	79.96M	59.98M	39.99M
Long-Term Leases	93.3M	88.8M	80.8M	105M	92.6M
Deferred Tax Liability Non Current	220M	249M	311M	363M	382M
Other Non Current Liabilities	257M	240M	185M	182M	192M
Total Liabilities	1.04B	1.14B	1.19B	1.25B	1.25B
Common Stock, Total	11.71M	11.5M	11.02M	10.9M	21.3M
Additional Paid In Capital	226M	174M	245M	243M	228M
Retained Earnings	3.09B	3.49B	3.4B	4B	4B
Total Common Equity	3.33B	3.68B	3.65B	4.26B	4.24B
Total Equity	3.33B	3.68B	3.65B	4.26B	4.24B
Total Liabilities And Equity	4.37B	4.82B	4.84B	5.51B	5.49B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	234M	230M	220M	218M	213M
ECS Total Common Shares Outstanding	234M	230M	220M	218M	213M
Book Value / Share	14.21	16	16.57	19.54	19.93
Tangible Book Value	3.33B	3.68B	3.65B	4.26B	4.24B
Tangible Book Value Per Share	14.21	16	16.57	19.54	19.93
Total Debt	206M	203M	198M	200M	168M
Net Debt	-525M	-514M	-37.6M	-233M	59.61M
Debt Equivalent Oper. Leases	128M	152M	160M	196M	186M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	2.22B	2.46B	2.75B	3.02B	3.36B
Machinery, Total	1.89B	2.15B	2.5B	2.59B	2.75B
Full Time Employees	19.78K	23.66K	23.47K	22.9K	21.9K
Accumulated Allowance for Doubtful Accounts (Supple)	8.98M	9.86M	10.69M	10.4M	9.27M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	673M	1.03B	1.38B	1.24B	1.19B
Depreciation & Amortization - CF	261M	260M	276M	324M	345M
Depreciation & Amortization, Total	261M	260M	276M	324M	345M
(Gain) Loss From Sale Of Asset	736K	-563K	-3.42M	-22.56M	-3.4M
Stock-Based Compensation (CF)	11.34M	15.04M	15.89M	11.08M	11.35M
Other Operating Activities, Total	-29.05M	45.06M	78.67M	72.01M	36.53M
Change In Accounts Receivable	-49.04M	-126M	-13.01M	-3.88M	74.08M
Change In Accounts Payable	-1.74M	14.01M	23.76M	6.5M	-20.96M
Change In Income Taxes	8.75M	-27.93M	6.48M	-5.82M	14.57M
Change in Other Net Operating Assets	58.09M	-1.72M	-70M	-52.16M	16.46M
Cash from Operations	933M	1.21B	1.69B	1.57B	1.66B
Capital Expenditure	-225M	-550M	-775M	-757M	-771M
Sale of Property, Plant, and Equipment	3.69M	19.55M	22.1M	48.64M	20.12M
Investment in Marketable and Equity Securities, Total	-330M	75.74M	206M	48.85M	0
Other Investing Activities, Total	-100K	-500K	-	-	-
Cash from Investing	-552M	-455M	-547M	-660M	-751M
Long-Term Debt Issued, Total	99.92M	-	-	-	-
Total Debt Issued	99.92M	-	-	-	-
Long-Term Debt Repaid, Total	-45M	-	-	-20M	-20M
Total Debt Repaid	-45M	-	-	-20M	-20M
Repurchase of Common Stock	-364M	-536M	-1.28B	-454M	-967M
Common Dividends Paid	-71.02M	-92.37M	-134M	-175M	-224M
Common & Preferred Stock Dividends Paid	-71.02M	-92.37M	-134M	-175M	-224M
Other Financing Activities, Total	-3.34M	-67.35M	-8.66M	-13.13M	-22.3M
Cash from Financing	-384M	-696M	-1.42B	-662M	-1.23B
Net Change in Cash	-2.14M	61.13M	-276M	247M	-325M
Supplemental Items
Cash Interest Paid	5.69M	4.23M	3.95M	3.48M	2.91M
Cash Income Tax Paid (Refund)	267M	353M	397M	361M	338M
Levered Free Cash Flow	572M	528M	677M	608M	643M
Unlevered Free Cash Flow	573M	530M	678M	609M	643M
Change In Net Working Capital	43.93M	65.05M	-10.98M	-5.1M	-93.3M
Net Debt Issued / Repaid	54.92M	-	-	-20M	-20M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	13.55	18.93	23.82	19.81	17.54
Return on Total Capital	16.86	23.46	29.75	24.68	21.76
Return On Equity %	21	29.53	37.56	31.34	27.9
Return on Common Equity	21	29.53	37.56	31.34	27.9
Margin Analysis
Gross Profit Margin %	36.32	38.06	39.8	40.12	40.01
SG&A Margin	3.8	3.61	3.49	4.05	4.62
EBITDA Margin %	29.09	31.42	33.81	33.5	32.48
EBITA Margin %	22.59	26.47	29.4	27.97	26.55
EBIT Margin %	22.59	26.47	29.4	27.97	26.55
Income From Continuing Operations Margin %	16.75	19.68	22	21.13	20.4
Net Income Margin %	16.75	19.68	22	21.13	20.4
Net Avail. For Common Margin %	16.75	19.68	22	21.13	20.4
Normalized Net Income Margin	14.03	16.51	18.38	17.56	16.74
Levered Free Cash Flow Margin	14.24	10.05	10.82	10.37	11.05
Unlevered Free Cash Flow Margin	14.28	10.07	10.83	10.38	11.06
Asset Turnover
Asset Turnover	0.96	1.14	1.3	1.13	1.06
Fixed Assets Turnover	1.33	1.66	1.76	1.47	1.32
Receivables Turnover (Average Receivables)	9.53	10.39	10.92	10.14	10.76
Short Term Liquidity
Current Ratio	3.33	2.98	1.76	2.1	1.33
Quick Ratio	3.18	2.83	1.59	1.93	1.18
Operating Cash Flow to Current Liabilities	2.5	2.61	3.19	2.88	3.07
Days Sales Outstanding (Average Receivables)	38.39	35.14	33.41	36.01	34
Average Days Payable Outstanding	9.93	8.47	9.14	11.38	10.73
Long Term Solvency
Total Debt/Equity	6.2	5.51	5.42	4.7	3.96
Total Debt / Total Capital	5.84	5.22	5.14	4.49	3.81
LT Debt/Equity	5.81	5.13	4.4	3.87	3.12
Long-Term Debt / Total Capital	5.47	4.86	4.17	3.7	3
Total Liabilities / Total Assets	23.87	23.68	24.5	22.76	22.7
EBIT / Interest Expense	325.98	805.79	1.18K	3.54K	7.28K
EBITDA / Interest Expense	425.65	967.28	1.37K	4.29K	9.02K
(EBITDA - Capex) / Interest Expense	344.74	648.77	871.11	2.66K	5.38K
Total Debt / EBITDA	0.17	0.12	0.09	0.1	0.09
Net Debt / EBITDA	-0.44	-0.31	-0.02	-0.12	0.03
Total Debt / (EBITDA - Capex)	0.22	0.18	0.15	0.16	0.15
Net Debt / (EBITDA - Capex)	-0.55	-0.46	-0.03	-0.19	0.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.29	30.91	19.1	-6.29	-0.88
Gross Profit, 1 Yr. Growth %	4.59	37.2	24.53	-5.55	-1.14
EBITDA, 1 Yr. Growth %	8.93	41.38	28.17	-7.16	-3.9
EBITA, 1 Yr. Growth %	10.77	53.45	32.27	-10.86	-5.89
EBIT, 1 Yr. Growth %	10.77	53.45	32.27	-10.86	-5.89
Earnings From Cont. Operations, 1 Yr. Growth %	9.29	53.77	33.14	-10	-4.31
Net Income, 1 Yr. Growth %	9.29	53.77	33.14	-10	-4.31
Normalized Net Income, 1 Yr. Growth %	9.4	54.04	32.62	-10.51	-5.47
Diluted EPS Before Extra, 1 Yr. Growth %	11.37	56.51	37.01	-7.55	-2.66
Accounts Receivable, 1 Yr. Growth %	11.84	27.62	1.97	0.04	-13.36
Net Property, Plant and Equip., 1 Yr. Growth %	-0.52	9.86	14.06	11.36	9.45
Total Assets, 1 Yr. Growth %	9.36	10.35	0.35	13.93	-0.38
Tangible Book Value, 1 Yr. Growth %	7.97	10.63	-0.73	16.56	-0.31
Common Equity, 1 Yr. Growth %	7.97	10.63	-0.73	16.56	-0.31
Cash From Operations, 1 Yr. Growth %	-5.17	29.97	39.5	-7.24	5.74
Capital Expenditures, 1 Yr. Growth %	-53.04	144.39	40.92	-2.3	1.85
Levered Free Cash Flow, 1 Yr. Growth %	50.29	-7.55	28.14	-10.15	5.64
Unlevered Free Cash Flow, 1 Yr. Growth %	50.65	-7.64	28.07	-10.24	5.61
Dividend Per Share, 1 Yr. Growth %	33.33	33.33	50	33.33	30
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.35	13.1	24.86	5.64	-3.62
Gross Profit, 2 Yr. CAGR %	4.18	19.79	30.71	8.45	-3.37
EBITDA, 2 Yr. CAGR %	5.61	24.1	34.61	9.08	-5.54
EBITA, 2 Yr. CAGR %	5.35	30.37	42.46	8.58	-8.41
EBIT, 2 Yr. CAGR %	5.35	30.37	42.46	8.58	-8.41
Earnings From Cont. Operations, 2 Yr. CAGR %	5.39	29.63	43.08	9.47	-7.2
Net Income, 2 Yr. CAGR %	5.39	29.63	43.08	9.47	-7.2
Normalized Net Income, 2 Yr. CAGR %	5.13	29.81	42.93	8.94	-8.03
Diluted EPS Before Extra, 2 Yr. CAGR %	7.45	32.03	46.44	12.54	-5.14
Accounts Receivable, 2 Yr. CAGR %	1.98	19.47	14.08	1	-6.9
Net Property, Plant and Equip., 2 Yr. CAGR %	4.67	4.54	11.94	12.7	10.4
Total Assets, 2 Yr. CAGR %	11.02	9.85	5.23	6.92	6.53
Tangible Book Value, 2 Yr. CAGR %	11.8	9.29	4.79	7.57	7.79
Common Equity, 2 Yr. CAGR %	11.4	9.29	4.79	7.57	7.79
Cash From Operations, 2 Yr. CAGR %	1.81	11.02	34.65	13.75	-0.96
Capital Expenditures, 2 Yr. CAGR %	-38.15	7.13	85.58	17.33	-0.25
Levered Free Cash Flow, 2 Yr. CAGR %	88.88	17.88	8.84	7.3	-2.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	89.1	17.96	8.76	7.22	-2.64
Dividend Per Share, 2 Yr. CAGR %	30.93	33.33	41.42	41.42	31.66
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.14	9.14	15.07	13.47	3.42
Gross Profit, 3 Yr. CAGR %	11.45	14.2	21.35	17.29	5.16
EBITDA, 3 Yr. CAGR %	14.33	16.39	25.44	18.93	4.57
EBITA, 3 Yr. CAGR %	16.34	19.42	31	21.85	3.52
EBIT, 3 Yr. CAGR %	16.34	19.42	31	21.85	3.52
Earnings From Cont. Operations, 3 Yr. CAGR %	13.2	19.53	30.79	22.6	4.67
Net Income, 3 Yr. CAGR %	13.2	19.53	30.79	22.6	4.67
Normalized Net Income, 3 Yr. CAGR %	16.11	19.41	30.74	22.27	3.91
Diluted EPS Before Extra, 3 Yr. CAGR %	14.81	21.8	33.67	25.62	7.23
Accounts Receivable, 3 Yr. CAGR %	4.1	9.9	13.33	9.19	-4.03
Net Property, Plant and Equip., 3 Yr. CAGR %	7.88	6.37	7.62	11.75	11.61
Total Assets, 3 Yr. CAGR %	12.5	10.79	6.59	8.05	4.43
Tangible Book Value, 3 Yr. CAGR %	13.79	11.41	5.84	8.58	4.87
Common Equity, 3 Yr. CAGR %	13.47	11.14	5.84	8.58	4.87
Cash From Operations, 3 Yr. CAGR %	20.27	10.44	19.8	18.92	11.02
Capital Expenditures, 3 Yr. CAGR %	-16.17	-2.21	17.38	49.85	11.93
Levered Free Cash Flow, 3 Yr. CAGR %	62.75	48.85	21.2	2.1	6.74
Unlevered Free Cash Flow, 3 Yr. CAGR %	62.37	48.92	21.24	2.02	6.68
Dividend Per Share, 3 Yr. CAGR %	31.05	31.73	38.67	38.67	37.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.2	11.93	13.27	7.72	7.19
Gross Profit, 5 Yr. CAGR %	10.23	17.15	18.79	11.86	10.78
EBITDA, 5 Yr. CAGR %	11.97	19.64	22.05	13.41	11.98
EBITA, 5 Yr. CAGR %	12.73	23.53	26.16	14.96	13.53
EBIT, 5 Yr. CAGR %	12.73	23.53	26.16	14.96	13.53
Earnings From Cont. Operations, 5 Yr. CAGR %	17.16	28.45	24.32	15.4	14.02
Net Income, 5 Yr. CAGR %	17.16	28.45	24.32	15.4	14.02
Normalized Net Income, 5 Yr. CAGR %	12.96	23.79	26.17	15.1	13.58
Diluted EPS Before Extra, 5 Yr. CAGR %	19.01	30.24	26.54	18.01	16.53
Accounts Receivable, 5 Yr. CAGR %	7.45	12.13	7.98	6.25	4.76
Net Property, Plant and Equip., 5 Yr. CAGR %	8.33	8.15	9.48	8.86	8.72
Total Assets, 5 Yr. CAGR %	12.12	12.33	9.54	9.23	6.57
Tangible Book Value, 5 Yr. CAGR %	14.84	14.97	10.1	9.86	6.62
Common Equity, 5 Yr. CAGR %	14.58	14.73	9.92	9.7	6.62
Cash From Operations, 5 Yr. CAGR %	10.99	16.48	25.83	11.76	11.02
Capital Expenditures, 5 Yr. CAGR %	-13.4	5.65	15.2	5.18	9.98
Levered Free Cash Flow, 5 Yr. CAGR %	65.09	35.58	38.56	30.59	11.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	62.97	35.01	38.32	30.58	11.06
Dividend Per Share, 5 Yr. CAGR %	-	-	35.1	35.52	35.82