OLD DOMINION FREIGHT LINE, INC.(ODFL)Stock Analysis
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Rank #429 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ODFL Stock Analysis & AI Quality Score
AI stock analysis and institutional research for OLD DOMINION FREIGHT LINE, INC. (ODFL), a Industrials sector company. 13F Pro's AI-powered ranking engine scores ODFL at 68.1/100 on a 32-signal composite quality model, placing it at rank #429 of 2,879 stocks — the top 25% of the AI-ranked universe. ODFL scores in the top quartile across balance sheet strength (96.2), institutional flow (79.8), revenue scale (79.5). Areas of concern include revenue growth (24.2) and earnings quality (29.2), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), OLD DOMINION FREIGHT LINE, INC. reports quarterly revenue of $1.3B, net income of $238.3M, an operating margin of 23.8%. Top institutional holders of ODFL by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, FMR, based on the most recent SEC filings. ODFL trades on the Nasdaq exchange and files with the SEC under CIK 878927. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ODFL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for OLD DOMINION FREIGHT LINE, INC. directly from SEC EDGAR. OLD DOMINION FREIGHT LINE, INC.'s 13F Pro composite quality score has ranged between 8 and 69 since 2026, currently 68.1 — an improving long-term trajectory across 36 quarterly and live scoring snapshots.
What's Driving ODFL's Business? Latest 10-Q Breakdown
✓ 23/23 datapoints verifiedAI-extracted from OLD DOMINION FREIGHT LINE, INC.'s 10-Q filed 2026-05-06 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Old Dominion's Q1 revenue fell 2.9% YoY to $1.33B on 7.7% lower LTL volumes, though yield improved 5.7% per hundredweight and net income declined only 6.4% as operating discipline offset deleveraging.
Biggest Revenue Drivers
Total revenue: $1,334.7M-2.9% YoY
Lower LTL tonnage per day down 7.7% partially offset by 5.7% increase in LTL revenue per hundredweight
Container drayage, truckload brokerage and supply chain consulting services
Largest Expense Items
Decrease due to 7.1% reduction in average number of active full-time employees, partially offset by annual wage increases in September 2025
Lower maintenance and repair costs offset by 13.5% increase in average diesel fuel price per gallon
Increase due to assets acquired as part of 2025 and 2026 capital expenditure programs
Higher costs related to employee training and cloud-computing technology
Margins: Operating ratio increased to 76.2% from 75.4% YoY despite yield improvement, due to deleveraging effect from 7.7% lower volumes and 18% increase in general supplies and expenses; net margin contracted from 18.5% to 17.9%.
Watch Items from the Filing
- LTL tonnage per day declined 7.7% YoY in Q1 2026, with April 2026 showing 6.1% continued decline; management notes demand improved as Q1 progressed but sustained volume pressure merits monitoring.
- Company generated $373.6M operating cash flow in Q1 2026, up from $336.5M in Q1 2025, and increased cash balance to $288.1M; liquidity remains strong with $368.2M available under $400M credit facility.
- Capital expenditure guidance reduced to $265M for FY2026 (below historical 10-15% of revenue range) as company utilizes existing capacity; expected to recover once density improves.
- Share repurchases totaled $88.1M in Q1 2026 (down from $201.1M in Q1 2025); $1.45B remains authorized under 2023 $3.0B repurchase program with no expiration date.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$1.3B
Net Income
Q1 2026
$238.3M
Free Cash Flow
Q1 2026
$311.1M
Operating Margin
Q1 2026
23.8%
D/E Ratio
Q1 2026
0.01
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-0.9% YoYNet Income
-4.3% YoYOperating Income
-5.9% YoYEPS (Diluted)
+94.7% YoYTotal Assets
-0.4% YoYTotal Debt
-40.0% YoYOp. Cash Flow
+5.7% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $5.81B -0.9% | $5.87B -6.3% | $6.26B +19.1% | $5.26B +27.9% | $4.11B +1.6% | $4.04B |
| Net Income | $1.19B -4.3% | $1.24B -10.0% | $1.38B +33.1% | $1.03B +68.0% | $615.5M +1.6% | $605.7M |
| Operating Income | $1.54B -5.9% | $1.64B -10.9% | $1.84B +32.3% | $1.39B +70.0% | $818.7M +0.2% | $817.1M |
| EPS (Diluted) | $5.48 +94.7% | $2.81 -7.6% | $3.04 -31.5% | $4.45 +161.5% | $1.70 +3.7% | $1.64 |
| Total Assets | $5.49B -0.4% | $5.51B +13.9% | $4.84B +0.4% | $4.82B +20.7% | $4.00B +12.7% | $3.55B |
| Total Debt | $60.0M -40.0% | $100.0M -16.7% | $120.0M +20.0% | $99.9M +122.1% | $45.0M +0.0% | $45.0M |
| Operating Cash Flow | $1.66B +5.7% | $1.57B -7.2% | $1.69B +39.5% | $1.21B +23.2% | $983.9M +9.3% | $900.1M |
AI Insight: ODFL Ratio Trends
Operating margin and ROIC have contracted sharply from 2024 peaks, with profitability metrics down 4–11pp year-over-year despite stable leverage.
• Operating margin fell from 28.1% in Q2 2024 to 23.8% in Q1 2026, a 430bp decline. ROIC dropped from 40.2% to 28.6% over same span.
• Net profit margin compressed 370bp from Q2 2024 (21.5%) to Q1 2026 (17.8%). ROE and ROA both halved year-on-year.
• Debt-to-equity remained minimal throughout period, averaging 0.02 with no structural deterioration in capital structure.
⚠ Q4 2025 saw steepest quarterly decline: OpMargin to 23.3%, ROIC to 28.0%. Monitor whether Q1 2026 stabilization continues or signals seasonal trough.
⚠ Three consecutive quarters (Q3–Q1 2026) show no margin recovery despite stable leverage. Pricing or cost pressures warrant clarification.
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Top Institutional Holders of ODFL
BlackRock, Inc.
$2.9B14,893,953 shVANGUARD CAPITAL MANAGEMENT LLC
$2.4B12,081,682 shFMR LLC
$2.3B11,713,958 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.7B8,672,600 shSTATE STREET CORP
$1.5B7,834,137 shGEODE CAPITAL MANAGEMENT, LLC
$992.7M5,099,400 shBank of New York Mellon Corp
$829.8M4,246,603 shBoston Partners
$780.3M3,991,336 shMORGAN STANLEY
$650.9M3,331,255 shCIBC Bancorp USA Inc.
$628.1M3,214,659 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $2.9B | 14,893,953 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.4B | 12,081,682 |
| FMR LLC | $2.3B | 11,713,958 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.7B | 8,672,600 |
| STATE STREET CORP | $1.5B | 7,834,137 |
| GEODE CAPITAL MANAGEMENT, LLC | $992.7M | 5,099,400 |
| Bank of New York Mellon Corp | $829.8M | 4,246,603 |
| Boston Partners | $780.3M | 3,991,336 |
| MORGAN STANLEY | $650.9M | 3,331,255 |
| CIBC Bancorp USA Inc. | $628.1M | 3,214,659 |
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Popular Research
Is ODFL a good stock to buy?
13F Pro's AI-powered analysis of OLD DOMINION FREIGHT LINE, INC. (ODFL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ODFL are available on the ODFL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ODFL?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ODFL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of OLD DOMINION FREIGHT LINE, INC.'s investment landscape.