Old Dominion Freight Line Monthly Analysis (March 2026)

Old Dominion Freight...

NasdaqGS:ODFL

$ 188,34

+ $0,41 (0,22%)

188,34 $

+$0,41 (0,22%)

End-of-day quote: 03/27/2026

Old Dominion Freight Line Stock Value

Analysts currently see NasdaqGS:ODFL at the level of Hold.

Hold

Old Dominion Freight Line Company Info

EPS Growth 5Y

11,25%

Market Cap

$39,26 B

Long-Term Debt

$0,02 B

Short Interest

5,23%

Quarterly earnings

04/22/2026

Dividend

$1,17

Dividend Yield

0,62%

Founded

1934

Industry

Industrials

Country

United States

ISIN Number

US6795801009

Website

http://www.odfl.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$204,50

8.58%

Last Update: 03/29/2026

Analysts: 24

Highest Price Target $232,00

Average Price Target $204,50

Lowest Price Target $155,00

In the last five quarters, Old Dominion Freight Line’s Price Target has risen from $197,53 to $201,20 - a 1,86% increase. Twenty Five analysts predict that Old Dominion Freight Line’s share price will increase in the coming year, reaching $204,50. This would represent an increase of 8,58%.

Top growth stocks in the industrials sector (5Y.)

What does Old Dominion Freight Line do?

Old Dominion Freight Line, Inc. (‘Old Dominion’) operates as a less-than-truckload (‘LTL’) motor carriers in North America. The company provides regional, inter-regional, and national LTL services through a single integrated, union-free organization. The company's service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, it also provides LTL services throu...

Old Dominion Freight Line, Inc. (‘Old Dominion’) operates as a less-than-truckload (‘LTL’) motor carriers in North America.

The company provides regional, inter-regional, and national LTL services through a single integrated, union-free organization. The company's service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, it also provides LTL services throughout North America. In addition to its core LTL services, the company offers a range of value-added services, including container drayage, truckload brokerage, and supply chain consulting.

The company's infrastructure allows it to provide service through each of its regions covering the continental United States.

The company's integrated structure allows it to offer its customers consistent, high-quality service from origin to destination. The company's services are complemented by its technological capabilities.

Service Center Operations

As of December 31, 2024, the company operated several service center locations, some of which it owned and some it leased. The company's service centers are responsible for the pickup and delivery (P&D) of freight within their local service area. Each night, the company's service centers load outbound freight for transport to its other service centers for delivery. All inbound freight received by the service center in the evening or during the night is generally scheduled for local delivery the next business day, unless a customer requests a different delivery schedule. The company's management reviews the productivity and service performance of each service center on a daily basis to help ensure quality service and efficient operations. The company's network includes major breakbulk facilities, as well as various other service centers that are used for additional limited breakbulk activity in order to serve its next-day markets. The company's service centers are strategically located throughout the country so that it can provide the highest quality service and minimize freight rehandling costs.

Although the company has established primary responsibility for customer service at the local service center level, its customers may access information and initiate transactions through its centralized customer service department located at its corporate office or through other digital channels. The company's systems allow it to offer its customers access to information, such as freight tracking, shipping documents, rate quotes, rate databases, and account activity. The company's integrated systems and customer service department provide its customers with a single point of contact to access information across all areas of its operations and for each of its service offerings.

Linehaul Transportation

Linehaul dispatchers control the movement of freight between service centers through integrated freight movement systems. It also utilizes load-planning software to optimize efficiencies in its linehaul operations. The company's management team monitors freight movements, transit times, load factors, and many other productivity measurements to help ensure that it maintains its high levels of service and efficiency.

The company utilizes scheduled routes and additional linehaul dispatches as necessary to meet its published transit times. In addition, it gains efficiency through the use of twin 28-foot trailers in its linehaul operations. The use of twin 28-foot trailers permits it to transport freight directly from its point of origin to destination with minimal unloading and reloading, which also reduces its exposure to potential cargo loss and damage expenses. It utilizes long-combination vehicles, such as triple 28-foot trailers and combinations of 48-foot and 28-foot trailers, in states where permitted. Twin trailers and long-combination vehicles permit more freight to be transported behind a tractor than could otherwise be transported by one trailer.

Tractors, Trailers, and Maintenance

As of December 31, 2024, the company owned various tractors. It generally uses new tractors in linehaul operations for approximately three to five years and then transfers those tractors to P&D operations for the remainder of their useful lives. In many of the company's service centers, tractors perform P&D functions during the day and linehaul functions at night to maximize tractor utilization.

The company develops certain specifications for tractors and trailers and then negotiates the production and purchase of this equipment with several manufacturers. These purchases are planned well in advance of anticipated delivery dates in order to accommodate manufacturers’ production schedules.

As of December 31, 2024, the company operated 47 fleet maintenance centers at strategic service center locations throughout its network. These fleet maintenance centers are equipped to perform routine and preventive maintenance and repairs on its equipment.

The company adheres to established maintenance policies and procedures to help ensure its fleet is properly maintained. Tractors are routed to appropriate maintenance facilities or authorized repair vendors generally at designated mileage intervals or every 90 days, whichever occurs first. Trailers are also generally scheduled for preventive maintenance every 90 days.

Customers

Revenue is generated primarily from customers throughout the United States and North America. In 2024, the company's largest customer accounted for approximately 5.3% of its revenue, and its largest 5, 10, and 20 customers accounted for 14.7%, 21.5%, and 31.1% of its revenue, respectively.

The company utilizes an integrated freight-costing system to determine the price level at which a particular freight shipment will be profitable. Many of the company's customers engage its services through the terms and provisions of its tariffs and through negotiated service contracts. Customers generally solicit bids for relatively large numbers of shipments for a period of one to two years and typically choose to enter into contractual arrangements with a limited number of motor carriers based upon price and service.

Seasonality

The company's tonnage levels and revenue mix are subject to seasonal trends common in its industry, although other factors, such as macroeconomic changes, could cause variation in these trends. The company's revenue and operating margins in the first and fourth quarters are typically lower than those during the second and third quarters (year ended December 31, 2024) due to reduced shipments during the winter months.

Governmental Regulation

The company is regulated by the U.S. Department of Transportation (DOT) and by various state and federal agencies.

In addition, the company is subject to compliance with cargo-security and transportation regulations issued by the Transportation Security Administration (TSA) and Customs and Border Protection (CBP) within the U.S. Department of Homeland Security.

The company is registered as a motor carrier with the Commercial Driver’s License Drug and Alcohol Clearinghouse, which requires it to check for drug and alcohol violations of current drivers at least annually and prospective employees prior to hiring.

History

Old Dominion Freight Line, Inc. was founded in 1934. The company was incorporated in Virginia in 1950.

Old Dominion Freight Line Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - **LTL (Less-Than-Truckload) Freight:** approx. 90% (2025) - **Logistics Solutions and Other Services:** approx. 10% (2025) **TOP 3 Markets:** 1. **USA:** approx. 85% 2. **Canada:** approx. 10% 3. **Mexico:** approx. 5% Old Dominion Freight Line, Inc. generates the majority...

At which locations are the company’s products manufactured?

**Production Sites:** No specific production, as it is a service company Old Dominion Freight Line, Inc. is a leading company in the field of truck transportation services, specializing in less-than-truckload (LTL) freight. The company does not produce physical products but offers transportation an...

What strategy does Old Dominion Freight Line pursue for future growth?

**Revenue growth:** 10.5% (estimated 2024) **Profit growth:** 9.8% (estimated 2024) Old Dominion Freight Line, Inc. pursues a growth strategy based on continuous improvement of its operational efficiency and expansion of its service capacities. The company heavily invests in technology to enhance...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Aluminum, Rubber **Countries of origin:** USA, China, Canada Old Dominion Freight Line, Inc. is a leading company in the field of freight and logistics services. As such, it mainly imports materials needed for the construction and maintenance of its fleet of trucks a...

How strong is the company’s competitive advantage?

**Market share:** 10% (estimated, 2025) **EBIT margin:** 30% (2025) **Return on Equity (ROE):** 35% (2025) Old Dominion Freight Line, Inc. has a significant competitive advantage in the LTL (Less-Than-Truckload) transportation industry. The company stands out for its high operational efficiency...

What is the share of institutional investors and insider buying/selling?

**Institutional investor share:** approx. 80% (2025, estimated) **Insider purchases/sales:** No significant transactions in the last year (2025, estimated) The institutional investor share at Old Dominion Freight Line, Inc. has traditionally been high, as the company is considered a stable player...

What percentage market share does Old Dominion Freight Line have?

**Market share of Old Dominion Freight Line:** 10% (estimated, 2025) **Main competitors and their market shares:** 1. **FedEx Corporation:** 15% 2. **United Parcel Service (UPS):** 14% 3. **XPO Logistics:** 12% 4. **Old Dominion Freight Line:** 10% 5. **J.B. Hunt Transport Services:** 9% 6. **Schne...

Is Old Dominion Freight Line stock currently a good investment?

**Revenue growth:** 8.5% (2024) **Profit growth:** 10.2% (2024) **Market share in the LTL segment:** 20% (2024) Old Dominion Freight Line, Inc. recorded solid revenue growth of 8.5% in 2024, attributed to strong demand in the Less-Than-Truckload (LTL) freight segment. The company has further solidi...

Does Old Dominion Freight Line pay a dividend – and how reliable is the payout?

**Dividend yield:** 0.5% (estimated for 2025) **Dividend history:** Regular payouts for several years Old Dominion Freight Line, Inc. has started distributing dividends regularly in recent years, although the dividend yield is relatively low compared to other companies in the industry. The reliab...

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Old Dominion Freight Line Stock Value

Old Dominion Freight Line Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Old Dominion Freight Line do?

Old Dominion Freight Line Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Old Dominion Freight Line Stock Value

Old Dominion Freight Line Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Old Dominion Freight Line do?

Old Dominion Freight Line Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.