Old Dominion Freight (ODFL) Ratios
Old Dominion Freight Ratios
MX:ODFL's free cash flow for Q2 2026 was $195.66M. For the 2026 fiscal year, MX:ODFL's free cash flow was decreased by $-77.04M and operating cash flow was $272.70M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.44 | 1.33 | 2.10 | 1.76 | 2.98 |
| Quick Ratio | 1.44 | 1.33 | 2.10 | 1.76 | 2.98 |
| Cash Ratio | 0.25 | 0.20 | 0.80 | 0.35 | 1.00 |
| Solvency Ratio | 1.09 | 1.23 | 1.25 | 1.39 | 1.13 |
| Operating Cash Flow Ratio | 2.83 | 3.07 | 2.88 | 3.19 | 2.61 |
| Short-Term Operating Cash Flow Coverage | 36.83 | 46.48 | 78.46 | 84.58 | 0.00 |
| Net Current Asset Value | $ -582.00M | $ -526.12M | $ -111.25M | $ -251.95M | $ 242.05M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 |
| Debt-to-Equity Ratio | 0.03 | 0.04 | 0.02 | 0.03 | 0.03 |
| Debt-to-Capital Ratio | 0.03 | 0.04 | 0.02 | 0.03 | 0.03 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.01 | 0.01 | 0.02 | 0.03 |
| Financial Leverage Ratio | 1.30 | 1.29 | 1.29 | 1.32 | 1.31 |
| Debt Service Coverage Ratio | 37.04 | 42.63 | 76.45 | 76.74 | 751.28 |
| Interest Coverage Ratio | 4598.13 | 7283.01 | 3535.93 | 1177.63 | 805.79 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.68 | 0.78 | 0.37 | 0.45 | 0.44 |
| Net Debt to EBITDA | 0.01 | 0.03 | -0.18 | -0.04 | -0.22 |
| Profitability Margins | |||||
| Gross Profit Margin | 32.15% | 34.79% | 35.32% | 36.04% | 33.77% |
| EBIT Margin | 24.77% | 26.79% | 28.10% | 29.40% | 26.45% |
| EBITDA Margin | 31.41% | 32.72% | 33.63% | 33.85% | 31.42% |
| Operating Profit Margin | 24.76% | 26.55% | 27.97% | 29.40% | 26.47% |
| Pretax Profit Margin | 24.77% | 26.79% | 28.09% | 29.41% | 26.41% |
| Net Profit Margin | 18.63% | 20.40% | 21.13% | 22.00% | 19.68% |
| Continuous Operations Profit Margin | 18.63% | 20.40% | 21.13% | 22.00% | 19.68% |
| Net Income Per EBT | 75.20% | 76.15% | 75.22% | 74.79% | 74.50% |
| EBT Per EBIT | 100.02% | 100.88% | 100.43% | 100.04% | 99.77% |
| Return on Assets (ROA) | 18.32% | 21.60% | 22.49% | 28.46% | 21.45% |
| Return on Equity (ROE) | 23.75% | 27.94% | 29.11% | 37.70% | 28.11% |
| Return on Capital Employed (ROCE) | 26.67% | 31.19% | 33.03% | 42.72% | 31.94% |
| Return on Invested Capital (ROIC) | 19.91% | 23.58% | 24.74% | 31.80% | 23.79% |
| Return on Tangible Assets | 18.32% | 21.60% | 22.49% | 28.46% | 21.45% |
| Earnings Yield | 3.11% | 3.12% | 2.79% | 4.29% | 2.50% |
| Efficiency Ratios | |||||
| Receivables Turnover | 11.12 | 11.02 | 9.53 | 10.35 | 8.77 |
| Payables Turnover | 59.48 | 41.30 | 33.64 | 37.68 | 42.19 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 1.19 | 1.29 | 1.43 | 1.70 | 1.63 |
| Asset Turnover | 0.98 | 1.06 | 1.06 | 1.29 | 1.09 |
| Working Capital Turnover Ratio | 28.11 | 14.93 | 11.70 | 9.46 | 5.87 |
| Cash Conversion Cycle | 26.69 | 24.29 | 27.44 | 25.59 | 32.95 |
| Days of Sales Outstanding | 32.83 | 33.12 | 38.29 | 35.28 | 41.60 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 6.14 | 8.84 | 10.85 | 9.69 | 8.65 |
| Operating Cycle | 32.83 | 33.12 | 38.29 | 35.28 | 41.60 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.53 | 7.71 | 7.17 | 7.48 | 5.24 |
| Free Cash Flow Per Share | 4.55 | 4.12 | 3.71 | 4.05 | 2.86 |
| Dividend Paid and CapEx Coverage Ratio | 2.11 | 1.67 | 1.68 | 1.86 | 1.89 |
| Capital Expenditure Coverage Ratio | 3.30 | 2.15 | 2.07 | 2.18 | 2.20 |
| Operating Cash Flow Coverage Ratio | 9.69 | 9.86 | 19.62 | 16.92 | 12.13 |
| Operating Cash Flow to Sales Ratio | 0.25 | 0.29 | 0.27 | 0.27 | 0.23 |
| Free Cash Flow Yield | 2.90% | 2.34% | 1.83% | 2.86% | 1.60% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 32.33 | 32.01 | 35.78 | 23.30 | 40.07 |
| Price-to-Sales (P/S) Ratio | 5.99 | 6.53 | 7.56 | 5.13 | 7.89 |
| Price-to-Book (P/B) Ratio | 7.63 | 8.95 | 10.42 | 8.78 | 11.26 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 34.46 | 42.78 | 54.63 | 35.01 | 62.56 |
| Price-to-Operating Cash Flow Ratio | 24.02 | 22.89 | 28.27 | 18.97 | 34.18 |
| Price-to-Earnings Growth (PEG) Ratio | -2.70 | -12.08 | -4.67 | 0.63 | 0.71 |
| Enterprise Value Multiple | 19.08 | 20.00 | 22.30 | 15.10 | 24.88 |
| Enterprise Value | 32.93B | 38.04B | 44.00B | 32.00B | 41.08B |
| EV to EBITDA | 19.08 | 20.00 | 22.30 | 15.10 | 24.88 |
| EV to Sales | 5.99 | 6.54 | 7.50 | 5.11 | 7.82 |
| EV to Free Cash Flow | 34.48 | 42.84 | 54.20 | 34.92 | 62.01 |
| EV to Operating Cash Flow | 24.04 | 22.93 | 28.04 | 18.92 | 33.88 |
| Tangible Book Value Per Share | 20.54 | 19.71 | 19.46 | 16.15 | 15.91 |
| Shareholders’ Equity Per Share | 20.54 | 19.71 | 19.46 | 16.15 | 15.91 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.24 | 0.25 | 0.25 | 0.26 |
| Revenue Per Share | 26.19 | 27.00 | 26.81 | 27.68 | 22.72 |
| Net Income Per Share | 4.88 | 5.51 | 5.66 | 6.09 | 4.47 |
| Tax Burden | 0.75 | 0.76 | 0.75 | 0.75 | 0.74 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.04 | 0.05 | 0.03 | 0.04 | 0.04 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.34 | 1.40 | 1.27 | 1.23 | 1.17 |
Currency in USD
