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Old Dominion Freight LineMEX:ODFL 84 Return-on-Tangible-Equity is 21.90% as of Mar. 2026, which is 10% below its 10-year median of 24.28. GuruFocus rates MEX:ODFL with a GF Score™ of 84/100 and a GF Value™ of MXN3,190.69 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 979 Transportation companies, Old Dominion Freight Line ranks better than 81.92% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Old Dominion Freight Line's annualized net income for the quarter that ended in Mar. 2026 was MXN17,186 Mil. Old Dominion Freight Line's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN78,481 Mil. Therefore, Old Dominion Freight Line's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.90%.
The historical rank and industry rank for Old Dominion Freight Line's Return-on-Tangible-Equity or its related term are showing as below:
MEX:ODFL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.92 Med: 24.28 Max: 37.56
Current: 23.49
During the past 13 years, Old Dominion Freight Line's highest Return-on-Tangible-Equity was 37.56%. The lowest was 16.92%. And the median was 24.28%.
MEX:ODFL's Return-on-Tangible-Equity is ranked better than 81.92% of 979
companies
in the Transportation industry
Industry Median: 8.98
vs MEX:ODFL: 23.49
Old Dominion Freight Line (MEX:ODFL) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Old Dominion Freight Line Return-on-Tangible-Equity Related Terms
Old Dominion Freight Line Return-on-Tangible-Equity Historical Data
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The historical data trend for Old Dominion Freight Line's Return-on-Tangible-Equity 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-Equity Chart
MEX:ODFL vs XPO, KNX, SAIA: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, Old Dominion Freight Line's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Old Dominion Freight Line's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Old Dominion Freight Line's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.90% mean?
Old Dominion Freight Line (MEX:ODFL) has a Return-on-Tangible-Equity of 21.90% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Old Dominion Freight Line and its competitors. This is 10% below median its historical median of 24.28. Over the past decade, Old Dominion Freight Line's Return-on-Tangible-Equity has ranged from 16.92 to 37.56. According to the industry distribution chart, Old Dominion Freight Line ranks #177 out of 979 companies in the Transportation industry, placing it in the top 18.1%.
Is Old Dominion Freight Line's Return-on-Tangible-Equity too high?
Old Dominion Freight Line's current Return-on-Tangible-Equity of 21.90% is 10% below median its 10-year median of 24.28. Over the past 10 years, this metric has ranged from a low of 16.92 to a high of 37.56. The Transportation industry median Return-on-Tangible-Equity is 8.98. Old Dominion Freight Line's value of 21.90% is 143.9% above this industry median. Based on the distribution chart, Old Dominion Freight Line ranks #177 out of 979 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-Equity compare to XPO and KNX?
According to the Transportation industry distribution chart, Old Dominion Freight Line ranks #177 out of 979 companies for Return-on-Tangible-Equity. This places Old Dominion Freight Line in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.98. Old Dominion Freight Line's value of 21.90% is 143.9% above this benchmark. Historically, Old Dominion Freight Line's own Return-on-Tangible-Equity has ranged from 16.92 to 37.56 over the past decade. While the company's 10-year median is 24.28 vs. the industry median of 8.98, 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.98, based on 979 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 21.90% is 143.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Old Dominion Freight Line and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — 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-Equity is 21.90%, which is 10% below median its own 10-year median of 24.28. 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 MXN3,190.69, compared to a current price of MXN3,900.00 — trading 22.2% above its estimated fair value. The current Return-on-Tangible-Equity is 21.90%, which is 10% below median its 10-year median of 24.28 and 143.9% above the Transportation industry median of 8.98. 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Old Dominion Freight Line (MEX:ODFL), the current Return-on-Tangible-Equity is 21.90% 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 22.2% above its estimated GF Value™ of MXN3,190.69.
GuruFocus considers Old Dominion Freight Line to be Modestly Overvalued.
Key valuation signals for MEX:ODFL:
Return-on-Tangible-Equity: 21.90% (10% below median its 10-year median of 24.28)
GF Value™: MXN3,190.69 vs. price of MXN3,900.00 (22.2% above fair value)
Industry Position: 143.9% above the Transportation median (#177 of 979)
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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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