Old Dominion Freight Line (ODFL) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
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 t...
Old Dominion Freight Line (ODFL) currently trades at a P/E ratio of 35.73 (historical range: 21.24–51.69, median: 32.15), placing it at the 70th percentile — above its historical average, P/S ratio of 6.95 (range: 4.58–9.54, 57th percentile — near its historical average), EV/EBITDA of 26.82 (range: 15.71–38.64, 70th percentile).
Old Dominion Freight Line trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 35.73 | 32.15 | 70th | above its historical average |
| P/S Ratio | 6.95 | 6.74 | 57th | near its historical average |
| EV/EBITDA | 26.82 | 24.27 | 70th | above its historical average |
| FCF Yield | 2.86% | 2.25% | 88th | cheap relative to its history |
Old Dominion Freight Line (ODFL) Valuation & P/E History
Old Dominion Freight Line (ODFL) is a US-listed stock operating in the Industrials sector, specifically the Trucking (No Local) industry currently trading at $187.75 with a market capitalization of $38.9 billion. This page provides historical valuation analysis for ODFL based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 35.73 is above the historical median of 32.15, placing ODFL at the 70th percentile of its valuation range. The P/S ratio of 6.95 compares to a median of 6.74.
ODFL Valuation Metrics & Historical Range
The valuation table above shows Old Dominion Freight Line's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ODFL is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ODFL is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Old Dominion Freight Line.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ODFL Overvalued or Undervalued?
Old Dominion Freight Line trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 66 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ODFL is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ODFL analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ODFL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.