Buyback yield (TTM)
1.52%
Shareholder yield (TTM)
2.10%
5Y share count change
-11.4%
Buyback spend (TTM)
$617.40M
Cumulative buybacks
$4.99B
Key takeaways
- Old Dominion Freight Line (ODFL) repurchased about $617.40M of stock over the trailing twelve months.
- Diluted share count is down 11.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 48.03× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +14.9% per year over the latest 5-year window.
- TTM repurchases used about 79% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Old Dominion Freight Line (ODFL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Old Dominion Freight Line (ODFL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Old Dominion Freight Line (ODFL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Old Dominion Freight Line (ODFL)
Latest: $730.34M
Overview
2025's annual buyback spend for Old Dominion Freight Line (ODFL) came in at $730.34M – declined 24.5% year-over-year.
Old Dominion Freight Line buyback spend compound annual growth for the 2020–2025 (5 years) window is +14.9%, with mixed annual results across the window.
Old Dominion Freight Line buyback spend plunged from $1.28B in 2022 to $730.34M in 2025, a 42.8% drawdown.
The highest annual buyback spend of $1.28B was reported in 2022. The lowest in the available history was $0.00 in 1991.
Old Dominion Freight Line Buyback Spend 2025: $730.34M
Old Dominion Freight Line buyback spend in 2025 was $730.34M, declined 24.5% below 2024.
Old Dominion Freight Line Buyback Spend 2024: $967.29M
2024's buyback spend for Old Dominion Freight Line came in at $967.29M, surged 113.2% from 2023.
Old Dominion Freight Line Buyback Spend 2023: $453.61M
Old Dominion Freight Line posted buyback spend of $453.61M in 2023, plunged 64.5% below 2022.
Old Dominion Freight Line Buyback Spend 2022: $1.28B
In 2022, Old Dominion Freight Line reported buyback spend of $1.28B, surged 138.1% from 2021. This figure represents the highest annual value in the available history.
Old Dominion Freight Line Buyback Spend 2021: $536.47M
Old Dominion Freight Line buyback spend in 2021 was $536.47M.
See more financial history for Old Dominion Freight Line (ODFL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $730.34M | $12.85M | $717.48M | 2.22% | 0.21B | -3.0% | |
| 2024 | $967.29M | $11.35M | $955.95M | 2.55% | 0.22B | -1.7% | |
| 2023 | $453.61M | $11.08M | $442.53M | 1.02% | 0.22B | -2.6% | |
| 2022 | $1.28B | $15.89M | $1.26B | 4.05% | 0.23B | -2.9% | |
| 2021 | $536.47M | $15.04M | $521.43M | 1.29% | 0.23B | -1.8% | |
| 2020 | $364.06M | $14.30M | $349.76M | 1.58% | 0.24B | -1.8% | |
| 2019 | $240.96M | $42.90M | $198.06M | 1.59% | 0.24B | -2.0% | |
| 2018 | $163.26M | $10.70M | $152.56M | 1.62% | 0.25B | -0.5% | |
| 2017 | $8.01M | $22.70M | −$14.69M | 0.07% | 0.25B | -0.9% | |
| 2016 | $130.32M | $16.20M | $114.12M | 1.84% | 0.25B | -2.6% | |
| 2015 | $114.12M | $2.53M | $111.59M | 2.28% | 0.26B | -0.9% | |
| 2014 | $5.53M | $13.44M | −$7.91M | 0.08% | 0.26B | -0.0% | |
| 2013 | $0.00 | $8.85M | −$8.85M | — | 0.26B | -0.0% | |
| 2012 | $0.00 | $6.39M | −$6.39M | — | 0.26B | +0.5% | |
| 2011 | $0.00 | $17.63M | −$17.63M | — | 0.26B | +2.2% | |
| 2010 | $0.00 | $22.48M | −$22.48M | — | 0.25B | -0.0% | |
| 2009 | $0.00 | $6.10M | −$6.10M | — | 0.25B | 0.0% | |
| 2008 | $0.00 | $6.10M | −$6.10M | — | 0.25B | +0.0% | |
| 2007 | $0.00 | $10.97M | −$10.97M | — | 0.25B | 0.0% | |
| 2006 | $0.00 | $10.97M | −$10.97M | — | 0.25B | +0.0% | |
| 2005 | $0.00 | $8.42M | −$8.42M | — | 0.25B | +1.8% | |
| 2004 | $0.00 | $644.00K | −$644.00K | — | 0.25B | +1.4% | |
| 2003 | $0.00 | $6.22M | −$6.22M | — | 0.24B | +23.9% | |
| 2002 | $0.00 | $5.03M | −$5.03M | — | 0.20B | +4.0% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.19B | +0.0% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.19B | -0.0% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.19B | -0.1% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.19B | +0.0% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.19B | +0.0% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.19B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $200.00K | $0.00 | $200.00K | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$730.34M
- 2024$967.29M
- 2023$453.61M
- 2022$1.28B
- 2021$536.47M
- 2020$364.06M
- 2019$240.96M
- 2018$163.26M
- 2017$8.01M
- 2016$130.32M
- 2015$114.12M
- 2014$5.53M
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$200.00K
- 1992$0.00
- 1991$0.00
Buybacks vs stock-based compensation for Old Dominion Freight Line (ODFL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 48.03×.
Buybacks vs dividends (share of cash returned) for Old Dominion Freight Line (ODFL)
How Old Dominion Freight Line splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Old Dominion Freight Line, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $781.14M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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