Old Historical Cash Flow
| ODFL Stock | USD 224.11 1.86 0.82% |
Analysis of Old Dominion cash flow over time is an excellent tool to project Old Dominion Freight future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 852.4 M or Begin Period Cash Flow of 195.6 M as it is a great indicator of Old Dominion ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Old Dominion Freight latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Old Dominion Freight is a good buy for the upcoming year.
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About Old Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Old balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Old's non-liquid assets can be easily converted into cash.
Old Dominion Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Old Dominion Freight to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Old Dominion operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
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.Most accounts from Old Dominion's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Old Dominion Freight current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Old Dominion's Capital Expenditures is quite stable compared to the past year. Total Cash From Operating Activities is expected to rise to about 1.6 B this year, although the value of Change To Inventory will most likely fall to about 7.5 M.
Old Dominion cash flow statement Correlations
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Old Dominion Account Relationship Matchups
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Old Dominion cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | (163.3M) | (364.1M) | (536.5M) | (1.3B) | (453.6M) | (430.9M) | |
| Change In Cash | 62.8M | (2.1M) | 61.1M | (276.3M) | 247.5M | 259.9M | |
| Stock Based Compensation | 4.9M | 11.3M | 15.0M | 15.9M | 11.1M | 9.6M | |
| Free Cash Flow | 311.8M | 707.9M | 662.5M | 916.4M | 811.8M | 852.4M | |
| Change In Working Capital | 1.0M | 16.1M | (141.2M) | (52.8M) | (55.3M) | (52.6M) | |
| Begin Period Cash Flow | 127.5M | 403.6M | 401.4M | 462.6M | 186.3M | 195.6M | |
| Other Cashflows From Financing Activities | (1.1M) | (3.3M) | (67.4M) | (8.7M) | (13.1M) | (12.5M) | |
| Depreciation | 230.4M | 261.3M | 259.9M | 276.1M | 324.4M | 340.7M | |
| Other Non Cash Items | 477K | 12.7M | 14.3M | 13.2M | (3.9M) | (3.7M) | |
| Dividends Paid | 42.6M | 71.0M | 92.4M | 134.5M | 175.1M | 183.8M | |
| Capital Expenditures | 588.3M | 225.1M | 550.1M | 775.1M | 757.3M | 795.2M | |
| Total Cash From Operating Activities | 900.1M | 933.0M | 1.2B | 1.7B | 1.6B | 1.6B | |
| Change To Account Receivables | 30.3M | (49.0M) | (125.6M) | (13.0M) | (3.9M) | (4.1M) | |
| Net Income | 605.7M | 672.7M | 1.0B | 1.4B | 1.2B | 1.3B | |
| Total Cash From Financing Activities | (256.9M) | (383.5M) | (696.2M) | (1.4B) | (661.8M) | (628.7M) | |
| End Period Cash Flow | 190.3M | 401.4M | 462.6M | 186.3M | 433.8M | 455.5M | |
| Change To Liabilities | 50.9M | (6.1M) | (9.7M) | (3.9M) | (3.5M) | (3.3M) | |
| Change To Netincome | 35.9M | (28.9M) | 44.6M | 74.5M | 85.6M | 89.9M | |
| Change Receivables | 30.3M | (49.0M) | (125.6M) | (13.0M) | (11.7M) | (12.3M) | |
| Total Cashflows From Investing Activities | (473.6M) | (551.7M) | (455.3M) | (547.5M) | (492.7M) | (517.4M) | |
| Cash And Cash Equivalents Changes | 213.3M | (2.1M) | 61.1M | (276.3M) | (248.6M) | (236.2M) | |
| Cash Flows Other Operating | (2.5M) | 344.4M | 268.8M | 256.8M | 295.3M | 310.1M | |
| Other Cashflows From Investing Activities | 5.7M | 3.6M | 19.0M | 22.1M | 25.4M | 13.4M | |
| Investments | 3.1M | (330.2M) | 75.7M | 205.6M | (659.8M) | (626.8M) | |
| Change To Operating Activities | 13.0M | 58.1M | (1.7M) | (70.0M) | (63.0M) | (59.9M) |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 5.67 | 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.