ODFL Old Dominion Freight Line PE ratio, current and historical analysis
As of Oct 22, 2024, the Old Dominion Freight Line stock's price-to-earnings ratio is 33.99. This results from the current EPS of $5.87 and stock price of $199.55. The PE ratio has decreased by 3.1% from the past four quarters average of 35.1.
ODFL PE ratio history
The PE ratio of Old Dominion Freight Line has averaged 26.18 over the last ten years. The current P/E ratio of 33.99 is 30% 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: 54.38% in 2023
Maximum annual decrease: -42.25% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 35.74 | 54.38% |
| 2022 | 23.15 | -42.25% |
| 2021 | 40.09 | 17.5% |
| 2020 | 34.12 | 38.08% |
| 2019 | 24.71 | 48.23% |
| 2018 | 16.67 | -28.52% |
| 2017 | 23.32 | -2.95% |
| 2016 | 24.03 | 45.2% |
| 2015 | 16.55 | -34.14% |
| 2014 | 25.13 | 13.76% |
ODFL average PE ratio chart
ODFL's current P/E ratio is above the 3, 5 and 10-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 higher PE ratio (33.99) than its peer group average of 26.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FDX Fedex Corp | 16.38 | $65.47B |
| ARCB Arcbest Corp | 18.49 | $2.36B |
| SAIA Saia Inc | 28.95 | $10.98B |
| JBHT Hunt J B Transport Services Inc | 29.94 | $17.89B |
| ODFL Old Dominion Freight Line Inc | 32.15 | $40.44B |
| WERN Werner Enterprises Inc | 37.88 | $2.32B |
| KNX Knight-Swift Transportation Holdings Inc | 125.67 | $8.54B |
| HTLD Heartland Express Inc | N/A | $895.63M |
Frequently asked questions
What is Old Dominion Freight Line's PE ratio?
The price to earnings ratio for ODFL stock as of Oct 22, 2024, stands at 33.99.
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 30.76.
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 31.51.
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 30% 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 (Oct 22, 2024), Old Dominion Freight Line's stock price is $199.55. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $5.87. Therefore, Old Dominion Freight Line's PE ratio for today is 33.99. PE RATIO(33.99) = STOCK PRICE($199.55) / TTM EPS($5.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.