Last $78.97 USD
Change Today -0.46 / -0.58%
Volume 405.5K
ODFL On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

old dominion freight line (ODFL) Snapshot

Open
$79.82
Previous Close
$79.43
Day High
$79.98
Day Low
$78.80
52 Week High
11/25/14 - $79.98
52 Week Low
12/11/13 - $49.17
Market Cap
6.8B
Average Volume 10 Days
526.4K
EPS TTM
$2.84
Shares Outstanding
86.2M
EX-Date
--
P/E TM
27.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for OLD DOMINION FREIGHT LINE (ODFL)

old dominion freight line (ODFL) Related Businessweek News

No Related Businessweek News Found

old dominion freight line (ODFL) Details

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in North America. It provides regional, inter-regional, and national LTL services; and other logistics services. The company also offers various value-added services, including international freight forwarding, ground and air expedited transportation, container delivery, truckload brokerage, supply chain consulting, warehousing, and consumer household pickup and delivery. As of December 31, 2013, it owned 6,296 tractors and 25,052 trailers, as well as operated 221 service centers. The company was founded in 1934 and is based in Thomasville, North Carolina.

14,073 Employees
Last Reported Date: 02/28/14
Founded in 1934

old dominion freight line (ODFL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $540.5K
Executive Chairman
Total Annual Compensation: $540.5K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $322.7K
Chief Operating officer and Executive Vice Pr...
Total Annual Compensation: $397.4K
Senior Vice President of Marketing Pricing an...
Total Annual Compensation: $238.4K
Compensation as of Fiscal Year 2013.

old dominion freight line (ODFL) Key Developments

Old Dominion Freight Line Inc. Enters into an Amendment to its $200.0 Million Senior Unsecured Revolving Credit Facility

On November 7, 2014, Old Dominion Freight Line Inc. entered into an amendment to its $200.0 million senior unsecured revolving credit facility pursuant to the terms of a second amended and restated credit agreement, dated August 10, 2011, with Wells Fargo Bank, National Association as administrative agent, and the lenders named therein. The Amendment amends the Credit Agreement to provide that the amount of a Restricted Payment, among other restrictions, shall not exceed: (A) together with all other Restricted Payments made during the same fiscal quarter, $40,000,000, or (B) together with all other Restricted Payments made after the date of the Amendment, $200,000,000.

Old Dominion Freight Line Inc. Reports Unaudited Earnings and Operating Results for the Third Quarter Ended September 30, 2014; Provides Capital Expenditures Guidance for the Full Year of 2014

Old Dominion Freight Line Inc. reported unaudited earnings and operating results for the third quarter ended September 30, 2014. For the quarter, the company’s revenue increased 20.6% to $743.6 million from $616.5 million for the third quarter of 2013. Net income was $77.9 million, up 29.5% from $60.1 million for the comparable quarter of 2013. Earnings per basic and diluted share rose 28.6% to $0.90 for the third quarter of 2014 from $0.70 for the third quarter of 2013. The company's operating ratio improved to 83.0% for the third quarter of 2014 from 84.1% for the same period last year. Operating income was $126,262,000 compared to $98,076,000 a year ago. Income before income taxes was $123,867,000 compared to $95,253,000 a year ago. The company believes its 20.6% growth in revenue was once again driven primarily by increased market share, as the company continued to deliver customer service. The company’s revenue growth during the quarter was primarily the result of an 18.7% increase in LTL tons and a 1.6% increase in LTL revenue per hundredweight, or 2.2% excluding fuel surcharges, despite the negative impact on this yield metric from the 2.5% increase in weight per shipment and 1.0% decline in the company's average length of haul. Total capital expenditures were $93.4 million for the third quarter of 2014. For the first nine months of 2014, the company’s revenue was $2.07 billion, an increase of 18.4% from $1.75 billion for the first nine months of 2013. Net income was rose by 24.3% to $197.6 million from $159.0 million for the same prior-year period. Earnings per diluted share increased 24.5% to $2.29 compared with $1.84 for the first nine months of 2013. Operating ratio improved to 84.1% for the first nine months of 2014 from 85.0% for the comparable period in 2013. Operating income was $329,009,000 compared to $261,593,000 a year ago. Income before income taxes was $322,165,000 compared to $253,615,000 a year ago. Total capital expenditures were $312.0 million first nine months of 2014. The company expects to fund the remainder of its 2014 capital expenditures primarily with its cash flow from operations. For the quarter, the company reported LTL of 1,946 tons compared to 1,640 tons a year ago. Average length of haul was 929 miles compared to 938 miles a year ago. For the year to date, the company reported LTL of 5,489 tons compared to 4,737 tons a year ago. Average length of haul was 929 miles compared to 938 miles a year ago. The company provided capital expenditures guidance for the full year of 2014. The company expects capital expenditures for 2014 to be approximately $385 million, including planned expenditures of $132 million for real estate and expansion projects at existing facilities, $206 million for tractors, trailers and other equipment and $47 million for technology and other assets.

Old Dominion Freight Line Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 10:00 AM

Old Dominion Freight Line Inc. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 10:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ODFL:US $78.97 USD -0.46

ODFL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ArcBest Corp $43.55 USD -0.08
Knight Transportation Inc $32.95 USD +0.20
Landstar System Inc $78.94 USD +0.06
Swift Transportation Co $27.78 USD -0.01
Werner Enterprises Inc $30.07 USD +0.64
View Industry Companies
 

Industry Analysis

ODFL

Industry Average

Valuation ODFL Industry Range
Price/Earnings 28.0x
Price/Sales 2.6x
Price/Book 4.8x
Price/Cash Flow 17.8x
TEV/Sales 2.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OLD DOMINION FREIGHT LINE, please visit www.odfl.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.