ODFL (Old Dominion Freight Line) EV-to-OCF: 27.98 (As of Sep. 03, 2026) — 30% Above Median

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ODFL Old Dominion Freight Line Inc ODFL
98 GF Score
Price $189.36
GF Value $196.72
Valuation Fairly Valued
! 2 Warning Signs
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What is Old Dominion Freight Line EV-to-OCF?

Old Dominion Freight Line ODFL +0.89% 98 EV-to-OCF is 27.98 as of Sep. 03, 2026, which is 30% above its 10-year median of 21.48. GuruFocus rates ODFL with a GF Score™ of 98/100 and a GF Value™ of $196.72 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,015 Transportation companies, Old Dominion Freight Line ranks worse than 89.06% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Old Dominion Freight Line's Enterprise Value is $39,001 Mil. Old Dominion Freight Line's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,394 Mil. Therefore, Old Dominion Freight Line's EV-to-OCF for today is 27.98.

The historical rank and industry rank for Old Dominion Freight Line's EV-to-OCF or its related term are showing as below:

ODFL' s EV-to-OCF Range Over the Past 10 Years
Min: 9.79   Med: 21.48   Max: 37.58
Current: 27.98

During the past 13 years, the highest EV-to-OCF of Old Dominion Freight Line was 37.58. The lowest was 9.79. And the median was 21.48.

ODFL's EV-to-OCF is ranked worse than
89.06% of 1015 companies
in the Transportation industry
Industry Median: 8.04 vs ODFL: 27.98

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-03), Old Dominion Freight Line's stock price is $189.36. Old Dominion Freight Line's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $5.190. Therefore, Old Dominion Freight Line's PE Ratio (TTM) for today is 36.49.


Old Dominion Freight Line  (NAS:ODFL) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Old Dominion Freight Line's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=189.36/5.190
=36.49

Old Dominion Freight Line's share price for today is $189.36.
Old Dominion Freight Line's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.190.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Old Dominion Freight Line EV-to-OCF Related Terms


Old Dominion Freight Line EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Old Dominion Freight Line's EV-to-OCF 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 EV-to-OCF Chart

Old Dominion Freight Line Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.48 18.41 27.92 22.61 23.81

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
EV-to-OCF 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 23.35 20.21 23.81 28.73 32.05

ODFL vs XPO, KNX, SAIA: EV-to-OCF Comparison

For the Trucking subindustry, Old Dominion Freight Line's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's EV-to-OCF falls into.


ODFL
98GF Score
Old Dominion Freight Line Inc ODFL
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Old Dominion Freight Line EV-to-OCF Calculation

Old Dominion Freight Line's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=39001.108/1394.102
=27.98

Old Dominion Freight Line's current Enterprise Value is $39,001 Mil.
Old Dominion Freight Line's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,394 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 27.98 mean?
Old Dominion Freight Line (ODFL) has a EV-to-OCF of 27.98 as of Sep. 03, 2026. This is 30% above median its historical median of 21.48. Over the past decade, Old Dominion Freight Line's EV-to-OCF has ranged from 9.79 to 37.58. According to the industry distribution chart, Old Dominion Freight Line ranks #904 out of 1015 companies in the Transportation industry, placing it in the top 89.1%.
Is Old Dominion Freight Line's EV-to-OCF too high?
Old Dominion Freight Line's current EV-to-OCF of 27.98 is 30% above median its 10-year median of 21.48. Over the past 10 years, this metric has ranged from a low of 9.79 to a high of 37.58. The Transportation industry median EV-to-OCF is 8.04. Old Dominion Freight Line's value of 27.98 is 248% above this industry median. Based on the distribution chart, Old Dominion Freight Line ranks #904 out of 1015 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Old Dominion Freight Line has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Old Dominion Freight Line's EV-to-OCF compare to XPO and KNX?
According to the Transportation industry distribution chart, Old Dominion Freight Line ranks #904 out of 1015 companies for EV-to-OCF. This places Old Dominion Freight Line in the lower half of its industry. The industry median EV-to-OCF is 8.04. Old Dominion Freight Line's value of 27.98 is 248% above this benchmark. Historically, Old Dominion Freight Line's own EV-to-OCF has ranged from 9.79 to 37.58 over the past decade. While the company's 10-year median is 21.48 vs. the industry median of 8.04, Old Dominion Freight Line has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Transportation company?
The median EV-to-OCF among Transportation companies is 8.04, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old Dominion Freight Line's current EV-to-OCF of 27.98 is 248% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median EV-to-OCF is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Dominion Freight Line's current EV-to-OCF is 27.98, which is 30% above median its own 10-year median of 21.48. 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 (ODFL) is currently considered Fairly Valued. The stock's GF Value™ is $196.72, compared to a current price of $189.36 — trading 3.7% below its estimated fair value. The current EV-to-OCF is 27.98, which is 30% above median its 10-year median of 21.48 and 248% above the Transportation industry median of 8.04. Old Dominion Freight Line's overall GF Score™ is 98/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Old Dominion Freight Line (ODFL), the current EV-to-OCF is 27.98 as of Sep. 03, 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 (ODFL) Overvalued in 2026?

Based on GuruFocus' analysis, Old Dominion Freight Line stock appears to be undervalued. The current stock price of $189.36 is trading 3.7% below its estimated GF Value™ of $196.72. GuruFocus considers Old Dominion Freight Line to be Fairly Valued.

Key valuation signals for ODFL:

  • EV-to-OCF: 27.98 (30% above median its 10-year median of 21.48)
  • GF Value™: $196.72 vs. price of $189.36 (3.7% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 248% above the Transportation median (#904 of 1015)

No single metric tells the full story. See the ODFL 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.
98GF Score

Get the complete analysis for ODFL

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$189.36
Price
$196.72
GF Value