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Old Dominion Freight LineMEX:ODFL 84 Return-on-Tangible-Asset is 17.14% as of Mar. 2026, which is 8% below its 10-year median of 18.55. GuruFocus rates MEX:ODFL with a GF Score™ of 84/100 and a GF Value™ of MXN3,146.40 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,009 Transportation companies, Old Dominion Freight Line ranks better than 96.13% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Old Dominion Freight Line's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN17,186 Mil. Old Dominion Freight Line's average total tangible assets for the quarter that ended in Mar. 2026 was MXN100,252 Mil. Therefore, Old Dominion Freight Line's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.14%.
The historical rank and industry rank for Old Dominion Freight Line's Return-on-Tangible-Asset or its related term are showing as below:
MEX:ODFL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.54 Med: 18.55 Max: 28.51
Current: 18.19
During the past 13 years, Old Dominion Freight Line's highest Return-on-Tangible-Asset was 28.51%. The lowest was 11.54%. And the median was 18.55%.
MEX:ODFL's Return-on-Tangible-Asset is ranked better than 96.13% of 1009
companies
in the Transportation industry
Industry Median: 3.77
vs MEX:ODFL: 18.19
Old Dominion Freight Line (MEX:ODFL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Old Dominion Freight Line Return-on-Tangible-Asset Related Terms
Old Dominion Freight Line Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Old Dominion Freight Line's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
MEX:ODFL vs XPO, KNX, SAIA: Return-on-Tangible-Asset Comparison
For the Trucking subindustry, Old Dominion Freight Line's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Old Dominion Freight Line's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Old Dominion Freight Line's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.14% mean?
Old Dominion Freight Line (MEX:ODFL) has a Return-on-Tangible-Asset of 17.14% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Old Dominion Freight Line and its competitors. This is near median its historical median of 18.55. Over the past decade, Old Dominion Freight Line's Return-on-Tangible-Asset has ranged from 11.54 to 28.51. According to the industry distribution chart, Old Dominion Freight Line ranks #39 out of 1009 companies in the Transportation industry, placing it in the top 3.9%.
Is Old Dominion Freight Line's Return-on-Tangible-Asset too high?
Old Dominion Freight Line's current Return-on-Tangible-Asset of 17.14% is near median its 10-year median of 18.55. Over the past 10 years, this metric has ranged from a low of 11.54 to a high of 28.51. The Transportation industry median Return-on-Tangible-Asset is 3.77. Old Dominion Freight Line's value of 17.14% is 354.6% above this industry median. Based on the distribution chart, Old Dominion Freight Line ranks #39 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Old Dominion Freight Line has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Dominion Freight Line's Return-on-Tangible-Asset compare to XPO and KNX?
According to the Transportation industry distribution chart, Old Dominion Freight Line ranks #39 out of 1009 companies for Return-on-Tangible-Asset. This places Old Dominion Freight Line in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.77. Old Dominion Freight Line's value of 17.14% is 354.6% above this benchmark. Historically, Old Dominion Freight Line's own Return-on-Tangible-Asset has ranged from 11.54 to 28.51 over the past decade. While the company's 10-year median is 18.55 vs. the industry median of 3.77, 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 Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.77, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Old Dominion Freight Line's current Return-on-Tangible-Asset of 17.14% is 354.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Old Dominion Freight Line and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Dominion Freight Line's current Return-on-Tangible-Asset is 17.14%, which is near median its own 10-year median of 18.55. 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 (MEX:ODFL) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,146.40, compared to a current price of MXN3,900.00 — trading 24% above its estimated fair value. The current Return-on-Tangible-Asset is 17.14%, which is near median its 10-year median of 18.55 and 354.6% above the Transportation industry median of 3.77. Old Dominion Freight Line's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Old Dominion Freight Line (MEX:ODFL), the current Return-on-Tangible-Asset is 17.14% 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 (MEX:ODFL) Overvalued in 2026?
Based on GuruFocus' analysis, Old Dominion Freight Line stock appears to be overvalued.
The current stock price of MXN3,900.00 is trading 24% above its estimated GF Value™ of MXN3,146.40.
GuruFocus considers Old Dominion Freight Line to be Modestly Overvalued.
Key valuation signals for MEX:ODFL:
Return-on-Tangible-Asset: 17.14% (near median its 10-year median of 18.55)
GF Value™: MXN3,146.40 vs. price of MXN3,900.00 (24% above fair value)
Industry Position: 354.6% above the Transportation median (#39 of 1009)
No single metric tells the full story. See the MEX:ODFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
84GF Score
Get the complete analysis for MEX:ODFL
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