Old Dominion Freight Line Inc Net Assets
Old Dominion Freight Line Inc net assets. Based on the latest financial reports, Old Dominion Freight Line Inc (ODFL) has net assets worth $4.55 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.74 Billion) and total liabilities ($1.19 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Old Dominion Freight Line Inc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.55 Billion |
| % of Total Assets | 79.28% |
| Annual Growth Rate | 15.02% |
| 5-Year Change | 18.02% |
| 10-Year Change | 132.88% |
| Growth Volatility | 9.18 |
Net Assets of Old Dominion Freight Line Inc (1991–2025)
Net assets of Old Dominion Freight Line Inc from 1991 to 2025. This chart illustrates how Old Dominion Freight Line Inc's net assets have evolved over time, based on quarterly financial data. See ODFL net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Old Dominion Freight Line Inc (1991–2025)
The table below shows the annual net assets of Old Dominion Freight Line Inc from 1991 to 2025. For live market cap and overall valuation, see ODFL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.31 Billion | +1.57% |
| 2024-12-31 | $4.24 Billion | -0.31% |
| 2023-12-31 | $4.26 Billion | +16.56% |
| 2022-12-31 | $3.65 Billion | 0.00% |
| 2021-12-31 | $3.65 Billion | -0.73% |
| 2020-12-31 | $3.68 Billion | +19.45% |
| 2019-12-31 | $3.08 Billion | +14.93% |
| 2018-12-31 | $2.68 Billion | +17.73% |
| 2017-12-31 | $2.28 Billion | +23.00% |
| 2016-12-31 | $1.85 Billion | +9.88% |
| 2015-12-31 | $1.68 Billion | +12.76% |
| 2014-12-31 | $1.49 Billion | +21.26% |
| 2013-12-31 | $1.23 Billion | +20.09% |
| 2012-12-31 | $1.03 Billion | +19.78% |
| 2011-12-31 | $856.52 Million | +28.10% |
| 2010-12-31 | $668.65 Million | +12.76% |
| 2009-12-31 | $593.00 Million | +6.25% |
| 2008-12-31 | $558.13 Million | +14.03% |
| 2007-12-31 | $489.45 Million | +17.20% |
| 2006-12-31 | $417.62 Million | +21.03% |
| 2005-12-31 | $345.05 Million | +18.36% |
| 2004-12-31 | $291.53 Million | +25.37% |
| 2003-12-31 | $232.54 Million | +14.24% |
| 2002-12-31 | $203.56 Million | +48.98% |
| 2001-12-31 | $136.64 Million | +9.54% |
| 2000-12-31 | $124.73 Million | +12.33% |
| 1999-12-31 | $111.04 Million | +14.90% |
| 1998-12-31 | $96.64 Million | +13.02% |
| 1997-12-31 | $85.50 Million | +14.11% |
| 1996-12-31 | $74.93 Million | +8.91% |
| 1995-12-31 | $68.80 Million | +8.01% |
| 1994-12-31 | $63.70 Million | +18.62% |
| 1993-12-31 | $53.70 Million | +19.33% |
| 1992-12-31 | $45.00 Million | +21.62% |
| 1991-12-31 | $37.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Old Dominion Freight Line Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 29941.5% over the analyzed period, indicating profitable operations and earnings retention.
Old Dominion Freight Line Inc Net Assets Breakdown (December 2025)
Old Dominion Freight Line Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.06 Billion | 94.07% |
| Common Stock | $20.86 Million | 0.48% |
| Other Components | $234.60 Million | 5.44% |
| Total Equity | $4.31 Billion | 100.00% |
Old Dominion Freight Line Inc Competitors by Market Cap
The table below lists competitors of Old Dominion Freight Line Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
Bank Central Asia Tbk
JK:BBCA
|
$35.96 Billion |
|
ITC Limited
NSE:ITC
|
$35.99 Billion |
|
AngloGold Ashanti Ltd
JSE:ANG
|
$36.03 Billion |
|
Kimberly-Clark Corporation
NASDAQ:KMB
|
$35.83 Billion |
|
Nucor Corp
NYSE:NUE
|
$35.76 Billion |
|
Carnival Corporation
NYSE:CCL
|
$35.72 Billion |
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
$35.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Old Dominion Freight Line Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,244,588,000 to 4,311,057,000, a change of 66,469,000 (1.6%).
- Net income of 1,023,703,000 contributed positively to equity growth.
- Dividend payments of 235,641,000 reduced retained earnings.
- Share repurchases of 730,338,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.02 Billion | +23.75% |
| Dividends Paid | $235.64 Million | -5.47% |
| Share Repurchases | $730.34 Million | -16.94% |
| Other Changes | $8.74 Million | +0.2% |
| Total Change | $- | 1.57% |
Book Value vs Market Value Analysis
This analysis compares Old Dominion Freight Line Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 686.45x to 8.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $0.25 | $172.56 | x |
| 1992-12-31 | $0.23 | $172.56 | x |
| 1993-12-31 | $0.28 | $172.56 | x |
| 1994-12-31 | $0.33 | $172.56 | x |
| 1995-12-31 | $0.37 | $172.56 | x |
| 1996-12-31 | $0.40 | $172.56 | x |
| 1997-12-31 | $0.45 | $172.56 | x |
| 1998-12-31 | $0.51 | $172.56 | x |
| 1999-12-31 | $0.59 | $172.56 | x |
| 2000-12-31 | $0.66 | $172.56 | x |
| 2001-12-31 | $0.72 | $172.56 | x |
| 2002-12-31 | $1.03 | $172.56 | x |
| 2003-12-31 | $0.95 | $172.56 | x |
| 2004-12-31 | $1.18 | $172.56 | x |
| 2005-12-31 | $1.37 | $172.56 | x |
| 2006-12-31 | $1.66 | $172.56 | x |
| 2007-12-31 | $1.94 | $172.56 | x |
| 2008-12-31 | $2.22 | $172.56 | x |
| 2009-12-31 | $2.36 | $172.56 | x |
| 2010-12-31 | $2.66 | $172.56 | x |
| 2011-12-31 | $3.33 | $172.56 | x |
| 2012-12-31 | $3.97 | $172.56 | x |
| 2013-12-31 | $4.77 | $172.56 | x |
| 2014-12-31 | $5.78 | $172.56 | x |
| 2015-12-31 | $6.58 | $172.56 | x |
| 2016-12-31 | $7.42 | $172.56 | x |
| 2017-12-31 | $9.21 | $172.56 | x |
| 2018-12-31 | $10.89 | $172.56 | x |
| 2019-12-31 | $12.77 | $172.56 | x |
| 2020-12-31 | $15.53 | $172.56 | x |
| 2021-12-31 | $15.69 | $172.56 | x |
| 2022-12-31 | $16.15 | $172.56 | x |
| 2023-12-31 | $19.34 | $172.56 | x |
| 2024-12-31 | $19.61 | $172.56 | x |
| 2025-12-31 | $20.54 | $172.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Old Dominion Freight Line Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.63%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.30x
- Recent ROE (23.75%) is above the historical average (16.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 0.54% | 0.13% | 2.24x | 1.88x | $-3.50 Million |
| 1992 | 17.78% | 4.35% | 2.01x | 2.03x | $3.50 Million |
| 1993 | 15.46% | 4.04% | 1.86x | 2.06x | $2.93 Million |
| 1994 | 15.70% | 4.11% | 1.94x | 1.97x | $3.63 Million |
| 1995 | 6.98% | 1.93% | 1.73x | 2.08x | $-2.08 Million |
| 1996 | 8.20% | 2.10% | 1.72x | 2.28x | $-1.35 Million |
| 1997 | 11.74% | 3.05% | 1.72x | 2.23x | $1.49 Million |
| 1998 | 11.51% | 2.90% | 1.58x | 2.50x | $1.46 Million |
| 1999 | 12.97% | 3.38% | 1.66x | 2.32x | $3.30 Million |
| 2000 | 10.98% | 2.88% | 1.60x | 2.38x | $1.22 Million |
| 2001 | 8.71% | 2.37% | 1.62x | 2.27x | $-1.76 Million |
| 2002 | 9.07% | 3.26% | 1.45x | 1.91x | $-1.89 Million |
| 2003 | 11.87% | 4.13% | 1.54x | 1.87x | $4.35 Million |
| 2004 | 13.38% | 4.73% | 1.62x | 1.75x | $9.84 Million |
| 2005 | 15.50% | 5.04% | 1.65x | 1.86x | $18.97 Million |
| 2006 | 17.38% | 5.67% | 1.43x | 2.14x | $30.81 Million |
| 2007 | 14.68% | 5.13% | 1.43x | 2.00x | $22.89 Million |
| 2008 | 12.30% | 4.47% | 1.43x | 1.93x | $12.86 Million |
| 2009 | 5.88% | 2.80% | 1.07x | 1.95x | $-24.43 Million |
| 2010 | 11.31% | 5.11% | 1.19x | 1.85x | $8.79 Million |
| 2011 | 16.28% | 7.33% | 1.26x | 1.77x | $53.82 Million |
| 2012 | 16.52% | 7.94% | 1.25x | 1.67x | $66.86 Million |
| 2013 | 16.73% | 8.82% | 1.21x | 1.57x | $82.90 Million |
| 2014 | 17.91% | 9.60% | 1.25x | 1.50x | $118.11 Million |
| 2015 | 18.09% | 10.25% | 1.21x | 1.46x | $136.23 Million |
| 2016 | 15.98% | 9.89% | 1.11x | 1.46x | $110.65 Million |
| 2017 | 20.37% | 13.81% | 1.09x | 1.35x | $236.09 Million |
| 2018 | 22.60% | 14.98% | 1.14x | 1.32x | $337.62 Million |
| 2019 | 19.98% | 14.98% | 1.03x | 1.30x | $307.45 Million |
| 2020 | 18.28% | 16.75% | 0.83x | 1.31x | $304.70 Million |
| 2021 | 28.32% | 19.68% | 1.09x | 1.32x | $669.08 Million |
| 2022 | 37.70% | 22.00% | 1.29x | 1.32x | $1.01 Billion |
| 2023 | 29.11% | 21.13% | 1.06x | 1.29x | $813.72 Million |
| 2024 | 27.94% | 20.40% | 1.06x | 1.29x | $761.61 Million |
| 2025 | 23.75% | 18.63% | 0.98x | 1.30x | $592.60 Million |
Industry Comparison
This section compares Old Dominion Freight Line Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $183,765,543
- Average return on equity (ROE) among peers: -49.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Old Dominion Freight Line Inc (ODFL) | $4.55 Billion | 0.54% | 0.26x | $35.89 Billion |
| ArcBest Corp (ARCB) | $717.68 Million | 9.37% | 1.14x | $2.69 Billion |
| BEST Inc (BEST) | $-69.91 Million | 0.00% | 0.00x | $56.09 Million |
| Covenant Logistics Group, Inc. (CVLG) | $141.52 Million | 12.92% | 0.93x | $441.94 Million |
| Covenant Logistics Group, Inc. (CVLG) | $189.72 Million | 2.73% | 0.96x | $639.36 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $39.96K | -521.47% | 17.10x | $65.93 Million |
| Heartland Express Inc (HTLD) | $9.50 Million | 31.58% | 0.31x | $790.34 Million |
| Knight Transportation Inc (KNX) | $476.75 Million | 12.64% | 0.55x | $9.89 Billion |
| Marten Transport Ltd (MRTN) | $33.10 Million | 19.26% | 2.19x | $956.22 Million |
| PAMT CORP (PAMT) | $155.48 Million | -12.07% | 0.87x | $198.76 Million |
About Old Dominion Freight Line Inc
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the co… Read more