Financials Old Dominion Freight Line, Inc.

Equities

ODFL

US6795801009

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 04:15:00 2025-06-18 pm EDT			5-day change	1st Jan Change
156.03 ^USD	-0.41%		-3.75%	-11.55%

Jun. 18	Susquehanna Adjusts Price Target on Old Dominion Freight Line to $160 From $168, Maintains Neutral Rating	MT
Jun. 09	Wolfe Research Adjusts Price Target on Old Dominion Freight Line to $144 From $134, Maintains Underperform Rating	MT

Projected Income Statement: Old Dominion Freight Line, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,015	5,256	6,260	5,866	5,815	5,678	6,125	6,621
Change	-	30.91%	19.1%	-6.29%	-0.88%	-2.36%	7.88%	8.1%
EBITDA ¹	1,168	1,651	2,117	1,965	1,889	1,803	2,038	2,326
Change	-	41.38%	28.17%	-7.16%	-3.9%	-4.51%	13.02%	14.12%
EBIT ¹	906.9	1,392	1,841	1,641	1,544	1,437	1,650	1,892
Change	-	53.45%	32.27%	-10.86%	-5.89%	-6.93%	14.83%	14.69%
Interest Paid ¹	-2.782	-1.727	-1.563	-0.464	-0.212	-0.3007	-0.3	-0.3
Earnings before Tax (EBT) ¹	901.4	1,388	1,841	1,648	1,558	1,432	1,658	1,903
Change	-	54.04%	32.62%	-10.51%	-5.47%	-8.08%	15.8%	14.8%
Net income ¹	672.7	1,034	1,377	1,240	1,186	1,077	1,238	1,412
Change	-	53.77%	33.14%	-10%	-4.31%	-9.24%	15.04%	14.02%
Announcement Date	2/4/21	2/2/22	2/1/23	1/31/24	2/5/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	896.2	1,058	1,073	1,127	1,319	1,400	1,410	1,497	1,667	1,604	1,492	1,442	1,413	1,515	1,496	1,460	1,499	1,470	1,386	1,375	1,425	1,456	1,407	1,471	1,553	1,617	1,562
Change	-	18.07%	1.44%	4.95%	17.12%	6.11%	0.74%	6.16%	11.37%	-3.82%	-6.99%	-3.32%	-2.01%	7.22%	-1.3%	-2.37%	2.65%	-1.9%	-5.74%	-0.79%	3.63%	2.17%	-3.37%	4.54%	5.62%	4.08%	-3.39%
EBITDA ¹	264.9	335.2	319.4	333.6	430	448.6	439.3	473	577	564.4	502.3	459	471.4	529.1	505.7	471	506.3	488.5	422.8	427.2	456.2	469.6	438.6	461.9	523.1	546.6	509.1
Change	-	26.55%	-4.72%	4.46%	28.88%	4.32%	-2.07%	7.67%	22%	-2.18%	-11.01%	-8.62%	2.7%	12.24%	-4.43%	-6.86%	7.49%	-3.5%	-13.45%	1.03%	6.79%	2.94%	-6.6%	5.3%	13.26%	4.48%	-6.86%
EBIT ¹	199.2	270.2	254.3	269.7	366	383.4	372.5	405.6	508.7	496.1	430.2	383	391.6	445	421	386.4	421.7	401.9	334	338.1	366.3	377	348.2	372.6	436.5	459.9	424.2
Change	-	35.69%	-5.9%	6.04%	35.74%	4.74%	-2.85%	8.89%	25.41%	-2.48%	-13.27%	-10.97%	2.23%	13.64%	-5.39%	-8.21%	9.13%	-4.7%	-16.88%	1.21%	8.35%	2.93%	-7.64%	7%	17.15%	5.37%	-7.76%
Charge d'intérêts ¹	-0.765	-1.071	-0.846	-0.507	-0.465	-0.371	-0.384	-0.073	-0.213	-0.997	-0.28	-0.2	-0.089	-0.09	-0.085	-0.037	-0.131	-0.019	-0.025	-0.002	-0.1	-0.075	-0.075	-0.1	-0.1	-0.1	-0.1
Earnings before Tax (EBT) ¹	199	268.3	253.3	269.3	364.4	383	371.8	405.1	508.2	496.1	432	384.1	391.9	446.4	425.3	392.9	426.4	403.1	335.2	338.6	366.3	376.7	346.2	377.3	437.4	460.9	425.5
Change	-	34.84%	-5.59%	6.31%	35.31%	5.09%	-2.92%	8.96%	25.46%	-2.39%	-12.91%	-11.08%	2.02%	13.89%	-4.72%	-7.63%	8.54%	-5.48%	-16.85%	1.03%	8.16%	2.84%	-8.1%	8.99%	15.92%	5.38%	-7.68%
Net income ¹	147.8	201.9	189.8	199.4	269.6	286.6	278.8	299.8	376.1	377.4	323.9	285	292.4	339.3	322.8	292.3	322	308.6	263.1	254.7	275	282.2	260.8	282.3	328.6	346.4	321.8
Change	-	36.58%	-5.96%	5.02%	35.22%	6.33%	-2.73%	7.51%	25.46%	0.35%	-14.17%	-12.01%	2.57%	16.05%	-4.85%	-9.45%	10.17%	-4.18%	-14.72%	-3.22%	7.98%	2.64%	-7.61%	8.24%	16.44%	5.41%	-7.12%
Announcement Date	7/30/20	10/27/20	2/4/21	4/22/21	7/28/21	10/27/21	2/2/22	4/27/22	7/27/22	10/26/22	2/1/23	4/26/23	7/26/23	10/25/23	1/31/24	4/24/24	7/24/24	10/23/24	2/5/25	4/23/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Old Dominion Freight Line, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-632	-363	-86.3	-354	-48.7	-206	-481	-936
Change	-	42.56%	76.23%	-310.2%	86.24%	-323.09%	-133.5%	-94.59%
Announcement Date	2/4/21	2/2/22	2/1/23	1/31/24	2/5/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Old Dominion Freight Line, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	225.1	550.1	775.1	757.3	771.3	436.9	619.3	716.9
Change	-	144.39%	40.92%	-2.3%	1.85%	-43.35%	41.74%	15.76%
Free Cash Flow (FCF) ¹	707.9	662.5	916.4	811.8	929	949.9	986.9	1,035
Change	-	-6.41%	38.32%	-11.41%	14.43%	2.25%	3.9%	4.89%
Announcement Date	2/4/21	2/2/22	2/1/23	1/31/24	2/5/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Old Dominion Freight Line, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	29.09%	31.42%	33.81%	33.5%	32.48%	31.76%	33.27%	35.13%
EBIT Margin (%)	22.59%	26.47%	29.4%	27.97%	26.55%	25.31%	26.94%	28.58%
EBT Margin (%)	22.45%	26.41%	29.41%	28.09%	26.79%	25.22%	27.07%	28.75%
Net margin (%)	16.75%	19.68%	22%	21.13%	20.4%	18.96%	20.22%	21.33%
FCF margin (%)	17.63%	12.6%	14.64%	13.84%	15.98%	16.73%	16.11%	15.64%
FCF / Net Income (%)	105.24%	64.05%	66.55%	65.5%	78.33%	88.24%	79.69%	73.31%
Profitability
ROA	16.08%	22.51%	28.51%	23.95%	21.56%	18.94%	20.6%	20.67%
ROE	21%	29.53%	37.56%	31.34%	27.9%	24.61%	26.76%	27.1%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	5.61%	10.47%	12.38%	12.91%	13.26%	7.7%	10.11%	10.83%
CAPEX / EBITDA (%)	19.27%	33.31%	36.62%	38.54%	40.84%	24.23%	30.39%	30.82%
CAPEX / FCF (%)	31.79%	83.03%	84.58%	93.28%	83.02%	46%	62.75%	69.25%
Items per share
Cash flow per share ¹	3.937	5.208	7.48	3.577	7.853	6.867	7.995	9.464
Change	-	32.29%	43.61%	-52.17%	119.52%	-12.56%	16.43%	18.38%
Dividend per Share ¹	0.3	0.4	0.6	0.8	1.04	1.107	1.208	1.419
Change	-	33.33%	50%	33.33%	30%	6.46%	9.09%	17.48%
Book Value Per Share ¹	14.04	16	16.26	19.54	19.61	20.48	23.02	28.83
Change	-	13.98%	1.63%	20.17%	0.35%	4.46%	12.4%	25.22%
EPS ¹	2.84	4.445	6.09	5.63	5.48	5.124	5.973	6.889
Change	-	56.51%	37.01%	-7.55%	-2.66%	-6.49%	16.56%	15.35%
Nbr of stocks (in thousands)	234,663	230,022	220,963	218,227	213,498	211,325	211,325	211,325
Announcement Date	2/4/21	2/2/22	2/1/23	1/31/24	2/5/25	-	-	-