Old Dominion Freight Line (MIL:1ODFL) Cyclically Adjusted FCF per Share: €2.80 (As of Mar. 2026)

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MIL:1ODFL Old Dominion Freight Line Inc MIL:1ODFL
71 GF Score
Price €185.28
GF Value €159.37
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Old Dominion Freight Line Cyclically Adjusted FCF per Share?

Old Dominion Freight Line MIL:1ODFL +2.07% 71 Cyclically Adjusted FCF per Share is €2.80 as of Mar. 2026. GuruFocus rates MIL:1ODFL with a GF Score™ of 71/100 and a GF Value™ of €159.37 (Modestly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Old Dominion Freight Line's adjusted free cash flow per share for the three months ended in Mar. 2026 was €1.285. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Old Dominion Freight Line's average Cyclically Adjusted FCF Growth Rate was 21.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 29.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 62.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Old Dominion Freight Line was 210.70% per year. The lowest was -26.00% per year. And the median was 9.10% per year.

As of today (2026-07-31), Old Dominion Freight Line's current stock price is €185.28. Old Dominion Freight Line's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €2.80. Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF of today is 66.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Old Dominion Freight Line was 590.83. The lowest was 45.00. And the median was 124.10.


Old Dominion Freight Line  (MIL:1ODFL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=185.28/2.80
=66.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Old Dominion Freight Line was 590.83. The lowest was 45.00. And the median was 124.10.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Old Dominion Freight Line Cyclically Adjusted FCF per Share Related Terms


Old Dominion Freight Line Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Old Dominion Freight Line's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Old Dominion Freight Line Cyclically Adjusted FCF per Share Chart

Old Dominion Freight Line Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.64

Old Dominion Freight Line Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.65 2.64 2.80 0.00

MIL:1ODFL vs XPO, KNX, SAIA: Cyclically Adjusted FCF per Share Comparison

For the Trucking subindustry, Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Old Dominion Freight Line Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Cyclically Adjusted Price-to-FCF falls into.


MIL:1ODFL
71GF Score
Old Dominion Freight Line Inc MIL:1ODFL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Dominion Freight Line Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Old Dominion Freight Line's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.285/330.2130*330.2130
=1.285

Current CPI (Mar. 2026) = 330.2130.

Old Dominion Freight Line Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.183 241.018 -0.251
201609 0.223 241.428 0.305
201612 0.340 241.432 0.465
201703 0.203 243.801 0.275
201706 -0.013 244.955 -0.018
201709 0.166 246.819 0.222
201712 0.188 246.524 0.252
201803 0.363 249.554 0.480
201806 0.075 251.989 0.098
201809 0.255 252.439 0.334
201812 0.382 251.233 0.502
201903 0.492 254.202 0.639
201906 0.353 256.143 0.455
201909 0.550 256.759 0.707
201912 0.478 256.974 0.614
202003 0.573 258.115 0.733
202006 0.916 257.797 1.173
202009 0.446 260.280 0.566
202012 0.655 260.474 0.830
202103 0.929 264.877 1.158
202106 0.152 271.696 0.185
202109 0.680 274.310 0.819
202112 0.668 278.802 0.791
202203 1.163 287.504 1.336
202206 0.823 296.311 0.917
202209 1.495 296.808 1.663
202212 0.387 296.797 0.431
202303 0.762 301.836 0.834
202306 0.181 305.109 0.196
202309 1.097 307.789 1.177
202312 1.383 306.746 1.489
202403 1.280 312.332 1.353
202406 0.639 314.175 0.672
202409 0.853 315.301 0.893
202412 1.025 315.605 1.072
202503 1.076 319.799 1.111
202506 0.403 322.561 0.413
202509 1.388 324.800 1.411
202512 1.076 324.054 1.096
202603 1.285 330.213 1.285

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €2.80 mean?
Old Dominion Freight Line (MIL:1ODFL) has a Cyclically Adjusted FCF per Share of €2.80 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Old Dominion Freight Line and its competitors.
Is Old Dominion Freight Line's Cyclically Adjusted FCF per Share too high?
Old Dominion Freight Line's current Cyclically Adjusted FCF per Share is €2.80. Overall, Old Dominion Freight Line has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Dominion Freight Line's Cyclically Adjusted FCF per Share compare to XPO and KNX?
Old Dominion Freight Line's Cyclically Adjusted FCF per Share of €2.80 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Old Dominion Freight Line and its competitors. Old Dominion Freight Line's current Cyclically Adjusted FCF per Share is €2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Dominion Freight Line stock overvalued right now?
Based on GuruFocus' analysis, Old Dominion Freight Line (MIL:1ODFL) is currently considered Modestly Overvalued. The stock's GF Value™ is €159.37, compared to a current price of €185.28 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €2.80. Old Dominion Freight Line's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Old Dominion Freight Line (MIL:1ODFL), the current Cyclically Adjusted FCF per Share is €2.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Old Dominion Freight Line (MIL:1ODFL) Overvalued in 2026?

Based on GuruFocus' analysis, Old Dominion Freight Line stock appears to be overvalued. The current stock price of €185.28 is trading 16.3% above its estimated GF Value™ of €159.37. GuruFocus considers Old Dominion Freight Line to be Modestly Overvalued.

Key valuation signals for MIL:1ODFL:

  • Cyclically Adjusted FCF per Share: €2.80
  • GF Value™: €159.37 vs. price of €185.28 (16.3% above fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the MIL:1ODFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Dominion Freight Line Business Description

Address 500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with roughly 260 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are well above those of its peers. Strategic initiatives focus on increasing network density through market-share gains and on maintaining industry-leading service (including ultralow cargo claims) through steadfast infrastructure investment.
71GF Score

Get the complete analysis for MIL:1ODFL

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€185.28
Price
€159.37
GF Value