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ODFL Old Dominion Freight Line PE ratio, current and historical analysis

As of Jul 23, 2024, the Old Dominion Freight Line stock's price-to-earnings ratio is 33.95. This results from the current EPS of $5.71 and stock price of $193.85. The PE ratio has decreased by 4.5% from the past four quarters average of 35.5.

ODFL PE ratio history

How has ODFL's PE ratio performed in the past

The PE ratio of Old Dominion Freight Line has averaged 26.04 over the last ten years. The current P/E ratio of 33.95 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.

Average
26.04
Median
24.03
Minimum
16.55
Maximum
40.09

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

What is the average PE ratio of ODFL for the past years

ODFL's current P/E ratio is above the 3, 5 and 10-year averages.

3-year avg
31.22
5-year avg
31.06
10-year avg
26.04
15-year avg
24.56

ODFL PE vs peers

What is ODFL's PE ratio compared to its peers

ODFL's PE ratio stands lower than its peer stocks SAIA and KNX, but it is higher than FDX's and JBHT's. Old Dominion Freight Line is presently trading at a higher PE ratio (33.95) than its peer group average of 25.87.

Stock name PE ratio Market cap
FDX Fedex Corp 17.28 $73.49B
ARCB Arcbest Corp 23.09 $2.75B
JBHT Hunt J B Transport Services Inc 25.96 $17.04B
WERN Werner Enterprises Inc 28.21 $2.34B
ODFL Old Dominion Freight Line Inc 33.95 $42.12B
SAIA Saia Inc 34.8 $12.82B
KNX Knight-Swift Transportation Holdings Inc 72.71 $7.99B
HTLD Heartland Express Inc N/A $978.65M

Frequently asked questions

What is Old Dominion Freight Line's PE ratio?

The price to earnings ratio for ODFL stock as of Jul 23, 2024, stands at 33.95.

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 31.22.

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 31.06.

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 (Jul 23, 2024), Old Dominion Freight Line's stock price is $193.85. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.71. Therefore, Old Dominion Freight Line's PE ratio for today is 33.95. PE RATIO(33.95) = STOCK PRICE($193.85) / TTM EPS($5.71)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.