Old Dominion Freight Line, Inc.

ODFL · Industrials · Trucking · Valued as of 2026-11-03 · Statements 2025-12-31

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

What it is worth

EPV + Growth

10.07B USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

9.46B USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

10.44B USD

15 years of cash for shareholders and lenders, less what is owed

Average Intrinsic Value

9.99B USD

The plain average of EPV, Profit and FCFF

Against the price

Market Cap

36.97B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.27×

the ratio the screener ranks by

Margin of Safety

-270.1%

1 − Market Cap / Average Intrinsic Value

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

Earnings power value plus growth: 10.07B USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)9.81B USD
+②Net Cash Today264.21M USD
+③Growth Value0 USD
=Value10.07B USD

EPV of the Operations (NOPAT over WACC)

9.81B USD

Net cash today

+264.21M USD

Growth Value

0 USD

Value

10.07B USD

①EPV (Earnings Power Value)

9.81B USD

②Net Cash Today

264.21M USD

③Growth Value

0 USD

Market value

Market Cap36.97B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-267.0%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 9.46B USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE7.79B USD
+②Equity at Year 15, Today1.67B USD
=Value9.46B USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment falling to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

7.79B USD

②Equity at Year 15, Today

1.67B USD

Market value

Market Cap36.97B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-290.8%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 10.44B USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF8.31B USD
+②Invested Capital at Year 15, Today1.87B USD
+③Net Cash Today264.21M USD
=Value10.44B USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROIC on new investment falling to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

8.31B USD

②Invested Capital at Year 15, Today

1.87B USD

③Net Cash Today

264.21M USD

Market value

Market Cap36.97B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-254.2%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 11.48%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.17×Market Risk Premium 6.00%= 11.49%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 337.94M USDPretax Income 1.36B USD= 24.80%

The tax the interest saves.

Interest Expense =EBIT 1,362.97M USD−Pretax Income 1,362.67M USD= 296.30K USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 296.30K USDTotal Debt 20.02M USD×(1 − Tax Rate for WACC 24.80%)= 1.11%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 20.02M USDMarket Cap + Total Debt 36.97B USD + 20.02M USD= 0.05%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 99.95%×Cost of Equity 11.49%+Debt Weight 0.05%×Cost of Debt 1.11%= 11.48%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 5.74B USD − Total Liabilities 1.19B USD = Book Value Today 4.55B USD

Total Debt 20.02M USD − Cash and Short-Term Investments 284.22M USD = Net Debt Today -264.21M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 1-4.8%at most 5%passes207,471,296 / 217,930,932
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets6.0%at least -10.0%passes(1.37B USD − 1.02B USD) ÷ 5.74B USD
Price to bookMarket Cap ÷ Book Value Today8.12×at most 3×does not pass36.97B USD ÷ 4.55B USD
Operating marginOperating Income ÷ Revenue24.8%above 10.0%passes1.36B USD ÷ 5.50B USD
Revenue growthRevenue ÷ Revenue a Year Before − 1-5.5%above 10.0%does not pass5.50B USD / 5.82B USD
Net cash(Cash − Total Debt) ÷ Market Cap0.7%above -30%passes(284.22M USD − 20.02M USD) ÷ 36.97B USD
Operating efficiencyOperating Income ÷ Gross Profit75.0%above 25.0%passes1.36B USD ÷ 1.82B USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

178.28 USD

Enterprise value

36.70B USD

the provider's own figure

EV / EBITDA

20.45×

Price / book

8.13×

the provider's book

Price / earnings

34.25×

Return on equity

24.8%

the provider's figure, not this page's

Profit margin

19.4%

Revenue growth

10.4%

Analyst target, mean

231.14 USD

Analysts

22

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

Income statement (USD)2022202320242025

Revenue

6.27B5.87B5.82B5.50B

Gross profit

2.26B2.07B2.02B1.82B

Operating income

1.84B1.64B1.55B1.36B

EBITDA

operating income before depreciation and amortisation

2.12B1.97B1.90B1.73B

Pretax income

1.84B1.65B1.56B1.36B

Net income

1.38B1.24B1.19B1.02B

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

1.38B1.24B1.19B1.02B

R&D

————
Balance sheet, year end (USD)2022202320242025

Total assets

4.84B5.52B5.50B5.48B

Total liabilities

1.19B1.26B1.25B1.16B

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

3.66B4.26B4.25B4.32B

Total debt

100.06M80.06M60.05M40.03M

Cash and equivalents

186.50M434.23M108.78M120.21M

Net PP&E

fixed assets after depreciation

3.69B4.10B4.51B4.51B

Working capital

current assets less current liabilities

404.35M599.27M180.33M211.14M
Cash flow (USD)2022202320242025

Operating cash flow

1.69B1.57B1.66B1.37B

Capital expenditure

paid out, so below zero

-775.92M-758.07M-772.09M-415.45M

Depreciation and amortisation

276.34M324.77M344.92M365.06M

Free cash flow

operating cash flow plus capital expenditure

917.35M812.64M888.85M956.05M