Old Dominion Freight Line Inc (ODFL) — Capital Reinvestment Ratio
Old Dominion Freight Line Inc (ODFL) has a Capital Reinvestment Ratio of 0.17x as of March 2026, meaning it reinvests 0% of its operating cash flow ($373.63 Million) in capital expenditures ($62.57 Million). See free cash flow generation of Old Dominion Freight Line Inc to measure how efficiently the company converts operating cash flow to free cash.
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.
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. For live market cap and broader valuation context, see market value of Old Dominion Freight Line Inc.
| 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 | — |