Old Earnings Yield from 2010 to 2024

ODFL Stock  USD 220.25  1.86  0.85%   
Old Dominion Earnings Yield yearly trend continues to be quite stable with very little volatility. The value of Earnings Yield is projected to decrease to 0.03. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
0.02794642
Current Value
0.0265
Quarterly Volatility
0.01265609
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Old Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Dominion's main balance sheet or income statement drivers, such as Interest Expense of 440.8 K, Total Revenue of 6.2 B or Gross Profit of 2.2 B, as well as many indicators such as Price To Sales Ratio of 7.94, Dividend Yield of 0.0026 or PTB Ratio of 10.94. Old financial statements analysis is a perfect complement when working with Old Dominion Valuation or Volatility modules.
  
Check out the analysis of Old Dominion Correlation against competitors.

Latest Old Dominion's Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of Old Dominion Freight over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Old Dominion's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old Dominion's overall financial position and show how it may be relating to other accounts over time.
Earnings Yield10 Years Trend
Slightly volatile
   Earnings Yield   
       Timeline  

Old Earnings Yield Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation29.09
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.0002
Range0.0355
R-Value(0.75)
Mean Square Error0.000076
R-Squared0.56
Significance0
Slope(0)
Total Sum of Squares0

Old Earnings Yield History

2024 0.0265
2023 0.0279
2022 0.0429
2021 0.025
2020 0.0291
2019 0.0403
2018 0.0598

About Old Dominion Financial Statements

Old Dominion investors utilize fundamental indicators, such as Earnings Yield, to predict how Old Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Earnings Yield 0.03  0.03 

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out the analysis of Old Dominion Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.98
Earnings Share
5.73
Revenue Per Share
27.363
Quarterly Revenue Growth
(0.03)
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.