ODFL Old Dominion Freight Line PE ratio, current and historical analysis
As of Apr 21, 2025, the Old Dominion Freight Line stock's price-to-earnings ratio is 27.2. This results from the current EPS of $5.51 and stock price of $149.87. The PE ratio has decreased by 20% from the past four quarters average of 33.8.
ODFL PE ratio history
The PE ratio of Old Dominion Freight Line has averaged 26.65 over the last ten years. The current P/E ratio of 27.2 is 2.1% higher than the historical average. In the past ten years, ODFL's PE ratio peaked in the Dec 2021 quarter at 40.09, when the stock price was $179.19 and the EPS was $4.47. The lowest point was in the Dec 2015 quarter, when it reached 16.55 with a price of $19.69 and an EPS of $1.19.
Old Dominion Freight Line PE ratio by year
Maximum annual increase: 54.69% in 2023
Maximum annual decrease: -42.25% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 32.01 | -10.61% | $176.4 | $5.51 |
| 2023 | 35.81 | 54.69% | $202.67 | $5.66 |
| 2022 | 23.15 | -42.25% | $141.89 | $6.13 |
| 2021 | 40.09 | 17.5% | $179.19 | $4.47 |
| 2020 | 34.12 | 38.08% | $97.59 | $2.86 |
| 2019 | 24.71 | 48.23% | $63.26 | $2.56 |
| 2018 | 16.67 | -28.52% | $41.16 | $2.47 |
| 2017 | 23.32 | -2.95% | $43.85 | $1.88 |
| 2016 | 24.03 | 45.2% | $28.6 | $1.19 |
| 2015 | 16.55 | -34.14% | $19.69 | $1.19 |
| 2014 | 25.13 | 13.76% | $25.88 | $1.03 |
| 2013 | 22.09 | 27.61% | $17.67 | $0.8 |
| 2012 | 17.31 | 3.78% | $11.43 | $0.66 |
| 2011 | 16.68 | -29.62% | $9.01 | $0.54 |
| 2010 | 23.7 | -27.05% | $7.11 | $0.3 |
Old Dominion Freight Line PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 32.01 | -7.35% | $176.4 | $5.51 |
| Sep 2024 | 34.55 | 14.63% | $198.64 | $5.75 |
| Jun 2024 | 30.14 | -21.67% | $176.6 | $5.86 |
| Mar 2024 | 38.48 | 7.46% | $219.31 | $5.7 |
| Dec 2023 | 35.81 | -1.1% | $202.67 | $5.66 |
| Sep 2023 | 36.21 | 13.4% | $204.57 | $5.65 |
| Jun 2023 | 31.93 | 14.86% | $184.88 | $5.79 |
| Mar 2023 | 27.8 | 20.09% | $170.42 | $6.13 |
| Dec 2022 | 23.15 | 9.46% | $141.89 | $6.13 |
| Sep 2022 | 21.15 | -10.38% | $124.39 | $5.88 |
| Jun 2022 | 23.6 | -22.09% | $128.14 | $5.43 |
| Mar 2022 | 30.29 | -24.44% | $149.34 | $4.93 |
| Dec 2021 | 40.09 | 14.12% | $179.19 | $4.47 |
| Sep 2021 | 35.13 | 2.15% | $142.99 | $4.07 |
| Jun 2021 | 34.39 | -9.6% | $126.9 | $3.69 |
ODFL average PE ratio chart
ODFL's current P/E ratio is above the 10-year average, but it is lower than the 3 and 5-year averages.
ODFL PE vs peers
ODFL's PE ratio stands lower than its peer stocks KNX and WERN, but it is higher than FDX's and JBHT's. Old Dominion Freight Line is presently trading at a lower PE ratio (27.2) than its peer group average of 28.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARCB Arcbest Corp | 8.31 | $1.42B |
| FDX Fedex Corp | 12.85 | $49.49B |
| JBHT Hunt J B Transport Services Inc | 22.95 | $12.85B |
| SAIA Saia Inc | 24.41 | $8.82B |
| ODFL Old Dominion Freight Line Inc | 27.6 | $32.32B |
| WERN Werner Enterprises Inc | 51.82 | $1.76B |
| KNX Knight-Swift Transportation Holdings Inc | 53.47 | $6.32B |
| HTLD Heartland Express Inc | N/A | $656.68M |
Frequently asked questions
What is Old Dominion Freight Line's PE ratio?
The price to earnings ratio for ODFL stock as of Apr 21, 2025, stands at 27.2.
What is the 3-year average PE ratio for Old Dominion Freight Line (ODFL)?
As an average over the last 3 years, ODFL stock has a PE ratio of 30.44.
What is the 5-year average PE ratio for Old Dominion Freight Line (ODFL)?
As an average over the last 5 years, ODFL stock has a PE ratio of 32.38.
What is the highest PE ratio for ODFL?
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 40.09.
How does the current PE ratio for ODFL compare to its historical average?
ODFL's price to earnings ratio is currently 2.1% above its 10-year historical average.
How is ODFL's PE ratio calculated (Old Dominion Freight Line PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 21, 2025), Old Dominion Freight Line's stock price is $149.87. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $5.51. Therefore, Old Dominion Freight Line's PE ratio for today is 27.2. PE RATIO(27.2) = STOCK PRICE($149.87) / TTM EPS($5.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.