Old Dominion Freight Net Income

ODFL Stock  USD 193.21  7.70  4.15%   
As of the 16th of February 2026, Old Dominion holds the Risk Adjusted Performance of 0.1727, coefficient of variation of 486.89, and Semi Deviation of 1.42. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Old Dominion, as well as the relationship between them. Please check Old Dominion Freight treynor ratio, and the relationship between the standard deviation and downside variance to decide if Old Dominion Freight is priced some-what accurately, providing market reflects its current price of 193.21 per share. Given that Old Dominion has jensen alpha of 0.4286, we recommend you to check out Old Dominion Freight's recent market performance to make sure the company can sustain itself at a future point.

Old Dominion Total Revenue

5.77 Billion

Old Dominion's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Old Dominion's valuation are provided below:
Gross Profit
2.1 B
Profit Margin
0.1863
Market Capitalization
40.6 B
Enterprise Value Revenue
7.3357
Revenue
5.5 B
There are over one hundred nineteen available trending fundamental ratios for Old Dominion Freight, which can be analyzed over time and compared to other ratios. We recommend to check out Old Dominion's recent fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 31.1 B this year. Enterprise Value is expected to rise to about 31 B this year This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income1.4 B1.4 B
Net Income Applicable To Common Shares1.6 B1.7 B
Net Income From Continuing Ops1.4 B1.4 B
Net Income Per Share 4.88  5.12 
Net Income Per E B T 0.75  0.50 
At this time, Old Dominion's Net Income is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 1.7 B this year, although the value of Net Income Per E B T will most likely fall to 0.50.
  
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Historical Net Income data for Old Dominion serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Old Dominion Freight represents a compelling investment opportunity.

Latest Old Dominion's Net Income Growth Pattern

Below is the plot of the Net Income of Old Dominion Freight over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Old Dominion Freight financial statement analysis. It represents the amount of money remaining after all of Old Dominion Freight operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Old Dominion's Net Income 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.
ViewLast Reported 1.19 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Old Net Income Regression Statistics

Arithmetic Mean628,296,832
Geometric Mean396,494,499
Coefficient Of Variation70.71
Mean Deviation377,682,862
Median605,668,000
Standard Deviation444,265,443
Sample Variance197371.8T
Range1.4B
R-Value0.93
Mean Square Error26596.7T
R-Squared0.87
Slope82,232,893
Total Sum of Squares3157948.5T

Old Net Income History

20261.1 B
2025B
20241.2 B
20231.2 B
20221.4 B
2021B
2020672.7 M

Other Fundumenentals of Old Dominion Freight

Old Dominion Net Income component correlations

Old Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Old Dominion is extremely important. It helps to project a fair market value of Old Stock properly, considering its historical fundamentals such as Net Income. Since Old Dominion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Old Dominion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Old Dominion's interrelated accounts and indicators.
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. Anticipated expansion of Old directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Old Dominion assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.11)
Dividend Share
1.12
Earnings Share
4.85
Revenue Per Share
26.107
Quarterly Revenue Growth
(0.06)
Investors evaluate Old Dominion Freight using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Old Dominion's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Old Dominion's market price to deviate significantly from intrinsic value.
It's important to distinguish between Old Dominion's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Old Dominion should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Old Dominion's market price signifies the transaction level at which participants voluntarily complete trades.

Old Dominion 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Old Dominion's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Old Dominion.
0.00
11/18/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/16/2026
0.00
If you would invest  0.00  in Old Dominion on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Old Dominion Freight or generate 0.0% return on investment in Old Dominion over 90 days. Old Dominion is related to or competes with ArcBest Corp, Babcock Wilcox, Hertz Global, Marten Transport, JetBlue Airways, Costamare, and Cadeler AS. Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America More

Old Dominion Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Old Dominion's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Old Dominion Freight upside and downside potential and time the market with a certain degree of confidence.

Old Dominion Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Old Dominion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Old Dominion's standard deviation. In reality, there are many statistical measures that can use Old Dominion historical prices to predict the future Old Dominion's volatility.
Hype
Prediction
LowEstimatedHigh
192.08194.78197.48
Details
Intrinsic
Valuation
LowRealHigh
174.02204.52207.22
Details
25 Analysts
Consensus
LowTargetHigh
178.21195.83217.37
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.001.061.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Old Dominion. Your research has to be compared to or analyzed against Old Dominion's peers to derive any actionable benefits. When done correctly, Old Dominion's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Old Dominion Freight.

Old Dominion February 16, 2026 Technical Indicators

Old Dominion Freight Backtested Returns

Old Dominion appears to be very steady, given 3 months investment horizon. Old Dominion Freight maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25 % return per unit of risk over the last 3 months. By analyzing Old Dominion's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please evaluate Old Dominion's Semi Deviation of 1.42, coefficient of variation of 486.89, and Risk Adjusted Performance of 0.1727 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Old Dominion holds a performance score of 19. The company holds a Beta of 1.88, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Old Dominion will likely underperform. Please check Old Dominion's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Old Dominion's historical price patterns will revert.

Auto-correlation

    
  0.68  

Good predictability

Old Dominion Freight has good predictability. Overlapping area represents the amount of predictability between Old Dominion time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Old Dominion Freight price movement. The serial correlation of 0.68 indicates that around 68.0% of current Old Dominion price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.73
Residual Average0.0
Price Variance151.13
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Old Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

0.0

At this time, Old Dominion's Accumulated Other Comprehensive Income is quite stable compared to the past year.
Based on the recorded statements, Old Dominion Freight reported net income of 1.19 B. This is 357.16% higher than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 107.73% lower than that of the firm.

Old Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Old Dominion's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Old Dominion could also be used in its relative valuation, which is a method of valuing Old Dominion by comparing valuation metrics of similar companies.
Old Dominion is currently under evaluation in net income category among its peers.

Old Dominion ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Old Dominion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Old Dominion's managers, analysts, and investors.
Environmental
Governance
Social

Old Dominion Institutional Holders

Institutional Holdings refers to the ownership stake in Old Dominion that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Old Dominion's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Old Dominion's value.
Shares
Capital World Investors2025-06-30
2.6 M
Norges Bank2025-06-30
2.3 M
Goldman Sachs Group Inc2025-06-30
2.3 M
Lazard Asset Management Llc2025-06-30
1.9 M
Northern Trust Corp2025-06-30
1.9 M
Fmr Inc2025-06-30
1.8 M
Clearbridge Advisors, Llc2025-06-30
1.7 M
Ameriprise Financial Inc2025-06-30
1.5 M
Ubs Asset Mgmt Americas Inc2025-06-30
1.5 M
Vanguard Group Inc2025-06-30
22.8 M
Blackrock Inc2025-06-30
14.9 M

Old Fundamentals

About Old Dominion Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Old Dominion Freight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old Dominion Freight based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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:
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. Anticipated expansion of Old directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Old Dominion assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.11)
Dividend Share
1.12
Earnings Share
4.85
Revenue Per Share
26.107
Quarterly Revenue Growth
(0.06)
Investors evaluate Old Dominion Freight using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Old Dominion's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Old Dominion's market price to deviate significantly from intrinsic value.
It's important to distinguish between Old Dominion's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Old Dominion should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Old Dominion's market price signifies the transaction level at which participants voluntarily complete trades.