Old Net Working Capital from 2010 to 2024

ODFL Stock  USD 218.39  4.06  1.89%   
Old Dominion Net Working Capital yearly trend continues to be quite stable with very little volatility. Net Working Capital may rise above about 609.1 M this year. From the period between 2010 and 2024, Old Dominion, Net Working Capital regression line of its data series had standard deviation of  240,161,247 and standard deviation of  240,161,247. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
598.7 M
Current Value
609.1 M
Quarterly Volatility
240.2 M
 
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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Old Dominion Freight over the last few years. It is Old Dominion's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Old Net Working Capital Regression Statistics

Arithmetic Mean408,038,966
Geometric Mean355,485,383
Coefficient Of Variation58.86
Mean Deviation194,415,154
Median233,604,000
Standard Deviation240,161,247
Sample Variance57677.4T
Range685.9M
R-Value0.73
Mean Square Error29025.9T
R-Squared0.53
Significance0
Slope39,194,873
Total Sum of Squares807483.9T

Old Net Working Capital History

2024609.1 M
2023598.7 M
2022403.9 M
2021919.6 M
2020870.2 M
2019500.7 M
2018349.5 M

About Old Dominion Financial Statements

Old Dominion investors utilize fundamental indicators, such as Net Working Capital, 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
Net Working Capital598.7 M609.1 M

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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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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
5.72
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.