Last $72.80 USD
Change Today +0.44 / 0.61%
Volume 441.9K
ODFL On Other Exchanges
Symbol
Exchange
Berlin
As of 3:40 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

old dominion freight line (ODFL) Snapshot

Open
$73.89
Previous Close
$72.36
Day High
$74.24
Day Low
$72.55
52 Week High
10/31/14 - $74.24
52 Week Low
10/31/13 - $45.41
Market Cap
6.3B
Average Volume 10 Days
521.0K
EPS TTM
$2.84
Shares Outstanding
86.2M
EX-Date
--
P/E TM
25.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for OLD DOMINION FREIGHT LINE (ODFL)

old dominion freight line (ODFL) Related Businessweek News

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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. 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. Opens New Service Center in Memphis

Old Dominion Freight Line Inc. announced that it will open a new 267-door facility in Memphis on October 20, 2014. The company invested more than $30 million to build a new service center in Memphis after four years of record growth at the previous location. With 416 employees currently, the company plans to create over 100 new jobs in Memphis over the next two years.

Old Dominion Freight Line Inc. to Report Q3, 2014 Results on Oct 30, 2014

Old Dominion Freight Line Inc. announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Oct 30, 2014

 

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Industry Analysis

ODFL

Industry Average

Valuation ODFL Industry Range
Price/Earnings 27.0x
Price/Sales 2.4x
Price/Book 4.5x
Price/Cash Flow 16.9x
TEV/Sales 2.3x
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