Question 1

What is Old Dominion Freight Line's P/FCF ratio?

Accepted Answer

Old Dominion Freight Line (ODFL) P/FCF ratio is 47.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Old Dominion Freight Line?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Old Dominion Freight Line specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Old Dominion Freight Line's P/FCF ratio high or low?

Accepted Answer

Old Dominion Freight Line's P/FCF ratio of 47.9× is above its own 5-year average of 45.8× and above the sector median of 24.3×. That places the current reading at the 65th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Old Dominion Freight Line's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Old Dominion Freight Line (ODFL) P/FCF ratio has ranged from a low of 24.3× in 2008 to a high of 3684.3× in 2012. The 5-year average is 45.8× and the 5-year median is 43.6×.

Question 7

What was Old Dominion Freight Line's P/FCF ratio in 2025?

Accepted Answer

Old Dominion Freight Line (ODFL) P/FCF ratio at the end of 2025 was 34.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Old Dominion Freight Line's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$32.9B	$955M	34.5×	-8.3×	Dec 31, 2025
2024	$38B	$888M	42.8×	-12.0×	Dec 31, 2024
2023	$44.5B	$812M	54.8×	+20.4×	Dec 31, 2023
2022	$31.5B	$916M	34.4×	-28.1×	Dec 31, 2022
2021	$41.4B	$663M	62.5×	+30.1×	Dec 31, 2021
2020	$23B	$708M	32.5×	+2.4×	Dec 31, 2020
2019	$15.2B	$505M	30.0×	-2.3×	Dec 31, 2019
2018	$10.1B	$312M	32.3×	-37.9×	Dec 31, 2018
2017	$10.8B	$154M	70.2×	+22.3×	Dec 31, 2017
2016	$7.07B	$148M	47.9×	-6.5×	Dec 31, 2016
2015	$5B	$91.8M	54.4×	-224.4×	Dec 31, 2015
2014	$6.69B	$24M	278.8×	+195.8×	Dec 31, 2014
2013	$4.57B	$55.1M	83.0×	—	Dec 31, 2013
2012	$2.95B	-$45.1M	—	—	Dec 31, 2012
2011	$2.33B	$27.2M	85.7×	+34.2×	Dec 31, 2011
2010	$1.79B	$34.7M	51.5×	—	Dec 31, 2010
2009	$1.15B	-$80.2M	—	—	Dec 31, 2009
2008	$1.06B	$15M	70.8×	—	Dec 31, 2008
2007	$861M	-$29.1M	—	—	Dec 31, 2007
2006	$898M	-$44.5M	—	—	Dec 31, 2006
2005	$1B	-$29M	—	—	Dec 31, 2005
2004	$865M	-$3.85M	—	—	Dec 31, 2004
2003	$546M	-$26.8M	—	—	Dec 31, 2003
2002	$304M	-$25.7M	—	—	Dec 31, 2002


Thomson Reuters (TRI)	18.8×
PACCAR (PCAR)	18.6×
United Parcel Service (UPS)	18.5×
Gorman-Rupp (GRC)	18.5×
Alamo Group (ALG)	18.0×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
United Airlines Holdings (UAL)	17.5×
Honeywell International (HON)	17.4×
Equifax (EFX)	17.0×
Norfolk Southern (NSC)	16.9×
FedEx (FDX)	15.9×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Masco (MAS)	13.0×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	10.1×
ABM Industries (ABM)	7.2×
Upwork (UPWK)	6.3×

P/FCF Ratio for Old Dominion Freight Line (ODFL) 2008-2026

P/FCF Ratio daily chart for Old Dominion Freight Line (ODFL)

Historical P/FCF Ratio for Old Dominion Freight Line (ODFL) from 2002 to 2025

About P/FCF Ratio at Old Dominion Freight Line (ODFL)

Old Dominion Freight Line P/FCF Ratio by Year

Old Dominion Freight Line P/FCF Ratio 2025: 34.5×

Old Dominion Freight Line P/FCF Ratio 2024: 42.8×

Old Dominion Freight Line P/FCF Ratio 2023: 54.8×

Old Dominion Freight Line P/FCF Ratio 2022: 34.4×

Old Dominion Freight Line P/FCF Ratio 2021: 62.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Old Dominion Freight Line (ODFL) Key Financials