Old Dominion Freight Line Inc (ODFL) — Capital Reinvestment Ratio
Old Dominion Freight Line Inc (ODFL) has a Capital Reinvestment Ratio of 0.28x as of June 2026, meaning it reinvests 0% of its operating cash flow ($272.70 Million) in capital expenditures ($77.04 Million). Check Old Dominion Freight Line Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Old Dominion Freight Line Inc Capital Reinvestment Ratio (1991–2025)
This chart tracks Old Dominion Freight Line Inc's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Old Dominion Freight Line Inc.
Annual Capital Reinvestment Ratio for Old Dominion Freight Line Inc (1991–2025)
Year-by-year Capital Reinvestment Ratio for Old Dominion Freight Line Inc from 1991 to 2025. See Old Dominion Freight Line Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | $1.37 Billion | $415.03 Million | ▼ -34.8% |
| 2024 | 0.46x | $1.66 Billion | $771.32 Million | ▼ -3.7% |
| 2023 | 0.48x | $1.57 Billion | $757.31 Million | ▲ +5.3% |
| 2022 | 0.46x | $1.69 Billion | $775.15 Million | ▲ +0.0% |
| 2021 | 0.46x | $1.69 Billion | $775.15 Million | ▲ +1.0% |
| 2020 | 0.45x | $1.21 Billion | $550.08 Million | ▲ +88.0% |
| 2019 | 0.24x | $933.02 Million | $225.08 Million | ▼ -63.1% |
| 2018 | 0.65x | $900.12 Million | $588.29 Million | ▼ -8.3% |
| 2017 | 0.71x | $536.29 Million | $382.12 Million | ▼ -3.6% |
| 2016 | 0.74x | $565.58 Million | $417.94 Million | ▼ -11.4% |
| 2015 | 0.83x | $553.88 Million | $462.06 Million | ▼ -11.1% |
| 2014 | 0.94x | $391.67 Million | $367.68 Million | ▲ +11.4% |
| 2013 | 0.84x | $350.67 Million | $295.61 Million | ▼ -25.9% |
| 2012 | 1.14x | $328.06 Million | $373.19 Million | ▲ +26.1% |
| 2011 | 0.90x | $277.38 Million | $250.21 Million | ▲ +19.7% |
| 2010 | 0.75x | $141.08 Million | $106.35 Million | ▼ -53.3% |
| 2009 | 1.61x | $130.72 Million | $210.89 Million | ▲ +74.7% |
| 2008 | 0.92x | $196.51 Million | $181.50 Million | ▼ -22.0% |
| 2007 | 1.18x | $157.74 Million | $186.83 Million | ▼ -8.0% |
| 2006 | 1.29x | $154.61 Million | $199.10 Million | ▲ +2.6% |
| 2005 | 1.26x | $113.62 Million | $142.60 Million | ▲ +20.3% |
| 2004 | 1.04x | $89.84 Million | $93.70 Million | ▼ -23.2% |
| 2003 | 1.36x | $75.06 Million | $101.90 Million | ▼ -14.0% |
| 2002 | 1.58x | $44.34 Million | $69.99 Million | ▲ +16.8% |
| 2001 | 1.35x | $32.26 Million | $43.61 Million | ▼ -9.6% |
| 2000 | 1.50x | $42.16 Million | $63.08 Million | ▲ +66.2% |
| 1999 | 0.90x | $39.99 Million | $35.99 Million | ▼ -11.6% |
| 1998 | 1.02x | $44.27 Million | $45.08 Million | ▼ -17.3% |
| 1997 | 1.23x | $27.79 Million | $34.22 Million | ▼ -20.5% |
| 1996 | 1.55x | $24.73 Million | $38.32 Million | ▼ -26.4% |
| 1995 | 2.11x | $13.20 Million | $27.80 Million | ▲ +75.6% |
| 1994 | 1.20x | $22.60 Million | $27.10 Million | ▼ -9.9% |
| 1993 | 1.33x | $16.00 Million | $21.30 Million | ▲ +33.1% |
| 1992 | 1.00x | $21.30 Million | $21.30 Million | ▼ -38.8% |
| 1991 | 1.63x | $10.10 Million | $16.50 Million | — |