As of Nov 29, 2023, the Old Dominion Freight Line stock's price-to-earnings ratio is 33.94. This results from the current EPS of $11.31 and stock price of $383.91. The PE ratio has increased by 14% from the past four quarters average of 29.8.
The PE ratio of Old Dominion Freight Line has averaged 25.3 over the last ten years. The current P/E ratio of 33.94 is 34% 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 $358.38 and the EPS was $8.94. The lowest point was in the Dec 2015 quarter, when it reached 16.55 with a price of $39.38 and an EPS of $2.38.
Maximum annual increase: 48.26% in 2019
Maximum annual decrease: -42.25% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 23.15 | -42.25% |
| 2021 | 40.09 | 17.29% |
| 2020 | 34.18 | 38.05% |
| 2019 | 24.76 | 48.26% |
| 2018 | 16.7 | -28.6% |
| 2017 | 23.39 | -3.07% |
| 2016 | 24.13 | 45.8% |
| 2015 | 16.55 | -33.8% |
| 2014 | 25 | 12.46% |
| 2013 | 22.23 | 27.39% |
ODFL's current P/E ratio is above the 3, 5 and 10-year averages.
ODFL's PE ratio stands lower than its peer stock HTLD, but it is higher than FDX's and JBHT's. Old Dominion Freight Line is presently trading at a higher PE ratio (33.94) than its peer group average of 24.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FDX Fedex Corp | 15.38 | $63.84B |
| ARCB Arcbest Corp | 15.46 | $2.78B |
| WERN Werner Enterprises Inc | 16.86 | $2.51B |
| KNX Knight-Swift Transportation Holdings Inc | 22.75 | $8.59B |
| JBHT Hunt J B Transport Services Inc | 24.27 | $18.78B |
| SAIA Saia Inc | 30.35 | $10.19B |
| ODFL Old Dominion Freight Line Inc | 33.94 | $41.89B |
| HTLD Heartland Express Inc | 42.94 | $1.05B |
The price to earnings ratio for ODFL stock as of Nov 29, 2023, stands at 33.94.
As an average over the last 3 years, ODFL stock has a PE ratio of 31.34.
As an average over the last 5 years, ODFL stock has a PE ratio of 28.55.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 40.09.
ODFL's price to earnings ratio is currently 34% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 29, 2023), Old Dominion Freight Line's stock price is $383.91. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $11.31. Therefore, Old Dominion Freight Line's PE ratio for today is 33.94. PE RATIO(33.94) = STOCK PRICE($383.91) / TTM EPS($11.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.