Old Dominion Freight Line Inc (ODFL) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.28x

Old Dominion Freight Line Inc (ODFL) has a Cash Flow Reinvestment Rate of 0.28x as of June 2026, reinvesting $77.04 Million (capex $77.04 Million ) from operating cash flow of $272.70 Million. See ODFL cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.28x
(Capex + Investments) / Operating CF

Total Reinvested

$77.04 Million
Capex + Investments

Operating Cash Flow

$272.70 Million
USD

Capital Expenditures

$77.04 Million
USD

Old Dominion Freight Line Inc Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Old Dominion Freight Line Inc across 35 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Old Dominion Freight Line Inc.

Annual Cash Flow Reinvestment Rate for Old Dominion Freight Line Inc (1991–2025)

Year-by-year capital reinvestment analysis for Old Dominion Freight Line Inc. See financial flexibility index of Old Dominion Freight Line Inc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.30x $415.03 Million $1.37 Billion $415.03 Million ▼ -67.0%
2024 0.92x $1.52 Billion $1.66 Billion $771.32 Million ▲ +1.6%
2023 0.90x $1.42 Billion $1.57 Billion $757.31 Million ▲ +55.8%
2022 0.58x $980.73 Million $1.69 Billion $775.15 Million ▲ +15.3%
2021 0.50x $850.89 Million $1.69 Billion $775.15 Million ▼ -30.7%
2020 0.73x $880.25 Million $1.21 Billion $550.08 Million ▲ +196.8%
2019 0.24x $228.21 Million $933.02 Million $225.08 Million ▼ -62.8%
2018 0.66x $591.53 Million $900.12 Million $588.29 Million ▼ -8.6%
2017 0.72x $385.43 Million $536.29 Million $382.12 Million ▼ -3.3%
2016 0.74x $420.20 Million $565.58 Million $417.94 Million ▼ -11.4%
2015 0.84x $464.58 Million $553.88 Million $462.06 Million ▼ -11.3%
2014 0.95x $370.56 Million $391.67 Million $367.68 Million ▲ +11.6%
2013 0.85x $297.34 Million $350.67 Million $295.61 Million ▼ -25.9%
2012 1.14x $375.16 Million $328.06 Million $373.19 Million ▲ +26.3%
2011 0.91x $251.11 Million $277.38 Million $250.21 Million ▲ +20.1%
2010 0.75x $106.35 Million $141.08 Million $106.35 Million ▼ -53.3%
2009 1.61x $210.89 Million $130.72 Million $210.89 Million ▲ +74.7%
2008 0.92x $181.50 Million $196.51 Million $181.50 Million ▼ -22.0%
2007 1.18x $186.83 Million $157.74 Million $186.83 Million ▼ -8.0%
2006 1.29x $199.10 Million $154.61 Million $199.10 Million ▲ +2.6%
2005 1.26x $142.60 Million $113.62 Million $142.60 Million ▲ +20.3%
2004 1.04x $93.70 Million $89.84 Million $93.70 Million ▼ -23.2%
2003 1.36x $101.90 Million $75.06 Million $101.90 Million ▼ -14.0%
2002 1.58x $69.99 Million $44.34 Million $69.99 Million ▲ +16.8%
2001 1.35x $43.61 Million $32.26 Million $43.61 Million ▼ -9.6%
2000 1.50x $63.08 Million $42.16 Million $63.08 Million ▲ +66.2%
1999 0.90x $35.99 Million $39.99 Million $35.99 Million ▼ -11.6%
1998 1.02x $45.08 Million $44.27 Million $45.08 Million ▼ -17.3%
1997 1.23x $34.22 Million $27.79 Million $34.22 Million ▼ -20.5%
1996 1.55x $38.32 Million $24.73 Million $38.32 Million ▼ -26.4%
1995 2.11x $27.80 Million $13.20 Million $27.80 Million ▲ +75.6%
1994 1.20x $27.10 Million $22.60 Million $27.10 Million ▼ -9.9%
1993 1.33x $21.30 Million $16.00 Million $21.30 Million ▲ +33.1%
1992 1.00x $21.30 Million $21.30 Million $21.30 Million ▼ -38.8%
1991 1.63x $16.50 Million $10.10 Million $16.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow