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
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.