Old Dominion Freight Line (ODFL)
Runs an integrated U.S. service-center network for less-than-truckload freight.
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Hauls less-than-truckload freight across the continental United States through a single integrated service-center network, with expedited, international, truckload brokerage, drayage and specialized options. Virtually all revenue comes from LTL shipments, linking demand to industrial production and the U.S. economy.
Hauls palletized and other less-than-truckload freight through OD Domestic LTL, OD Expedited LTL and OD Critical, linking shippers across the continental United States. OD Global extends coverage through strategic alliances across North America, while OD Truckload, OD Container Drayage and OD Specialized Services cover complementary freight and logistics needs.
Runs these services as one integrated, union-free operation built around 260 service centers. Scheduled linehaul routes, twin-trailer configurations, load-planning software and daily service-center performance reviews support published transit schedules and limited freight handling; owned terminals provide most network door capacity. The model requires continuing investment in real estate, tractors, trailers, technology and trained drivers, and operates under federal and state transportation, safety and environmental rules. Virtually all revenue comes from LTL shipments, tying demand to industrial production and the U.S. economy.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 10, 2026 | Bernstein | Initiate | Rating: —Target: — | Target: $200 |
| Sep 8, 2026 | Citigroup | Upgrade | ||
| Jul 30, 2026 | UBS | Reiterate | Rating: —Target: $224 | Target: $228 |
| Jul 30, 2026 | Evercore ISI | Reiterate | Rating: —Target: $219 | Target: $243 |
| Jul 30, 2026 | Stifel Nicolaus | Target | Target: $256 | Target: $263 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $283.9M · Total debt $20.0M · Total assets $5.74B · Shareholders' equity $4.55B
- Revenue
- $1.55B
- Operating income
- $465.3M
- Net income
- $350.6M
HistoryDividendAnnual yield
| Institutions | 80.32% | 166.55M shares | |
|---|---|---|---|
| 1,045 holders · as of Jun 30, 2026 | |||
| Insiders | 0.19% | 393.5K shares | |
| 21 holders · as of Aug 26, 2026 | |||
| Other | 19.49% | 40.41M shares | |
| remainder | |||
207.36M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.61% | 15.77M | as of Jun 30, 2026 |
FMR LLCInstitution | 6.12% | 12.70M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 5.83% | 12.10M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 4.72% | 9.78M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.20% | 8.72M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 25, 2026 | Cecil E. Jr. Overbey | officer: SVP - Strategic Development | −19,952 | $198.39 |
| May 4, 2026 | Greg C. Gantt | director | −22,107 | $191.52 |
| Feb 18, 2026 | Christopher James Kelley | officer: SVP - Operations | −80 | $200.43 |
| Feb 26, 2026 | Earl E. Congdon | officer: Chair Emeritus & Sr. Advisor | −25,000 | $196.13 |
| Feb 19, 2026 | David S. Congdon | director, officer: Executive Chairman | −52,000 | $194.77 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Old Dominion Freight Line | $177.75 | +0.25% | $36.87B | 34.2 | 28.4 | 6.6 | +10.4% |
| FedEx Freight | $118.29 | −0.60% | $17.79B | 30.8 | 21.4 | 2.0 | — |
| XPO | $181.67 | +2.25% | $20.80B | 52.4 | 30.8 | 2.4 | +13.2% |
| Saia | $348.94 | +0.16% | $9.29B | 33.6 | 27.2 | 2.7 | +17.1% |
| ArcBest | $131.34 | −0.28% | $2.94B | 190.9 | 15.9 | 0.7 | +15.9% |
| TFI International | $125.21 | +0.14% | $10.28B | 28.4 | 17.5 | 1.2 | +12.4% |
| Knight-Swift Transportation | $68.14 | +1.56% | $10.92B | 259.7 | 20.5 | 1.4 | +12.6% |
| Median | 43.0 | 20.9 | 1.7 | +13.2% |