Old Dominion Freight Line P/S 2024

Old Dominion Freight Line P/S

3.74

Old Dominion Freight Line Dividend yield

0.73 %

Ticker

ODFL

ISIN

US6795801009

WKN

923655

As of Apr 16, 2024, Old Dominion Freight Line's P/S ratio stood at 3.74, a 25.5% change from the 2.98 P/S ratio recorded in the previous year.

The Old Dominion Freight Line P/S history

Old Dominion Freight Line Aktienanalyse

What does Old Dominion Freight Line do?

Old Dominion Freight Line, Inc., also known as ODFL, was founded in 1934 in Virginia as a small company primarily transporting furniture. Today, ODFL is one of the largest and most successful less-than-truckload (LTL) freight carriers in North America. ODFL's business model involves collecting goods from various shippers, consolidating them, and efficiently transporting them in less-than-truckload shipments using a network of terminals and trucks. ODFL is known for its high quality service and reliability. ODFL operates a network of over 240 terminals in North America, with a focus on the United States. Additionally, they have terminals in Canada, Mexico, and Puerto Rico. The large number of terminals allows customers easy access to ODFL's services and ensures quick and direct transportation of their freight. ODFL has also established itself in the field of logistics services. The company offers various logistics services, including fulfillment and warehousing of goods. They also develop customized logistics solutions for individual customers and their specific requirements. A key factor in ODFL's success is the close collaboration between different departments within the company. The sales and marketing team works closely with the operations team to ensure ODFL can best serve its customers. Customer service is a top priority for ODFL, which is why the company maintains high levels of communication and provides quick and effective support to customers when issues arise. ODFL offers a wide range of products and services. This includes truck transportation, where ODFL provides LTL transportation services for all types of goods. They also offer specialized services such as refrigerated and frozen transportation, as well as express services. In the field of logistics services, ODFL offers a variety of services including warehousing, fulfillment, supply chain consulting, customs clearance, and even packaging, among others. Over the years, ODFL has experienced remarkable growth. After investing heavily in automation and IT infrastructure in the 1980s and 1990s, the company was able to expand its operations significantly. Today, ODFL is a publicly traded company with revenues exceeding $4 billion. Overall, Old Dominion Freight Line, Inc. has established itself as a dynamic, trustworthy, and competitive LTL freight carrier. The company has been able to provide its customers with reliable service by combining state-of-the-art technology with a dedicated and experienced workforce. With its wide range of products, logistics expertise, and geographic presence, ODFL is well positioned to continue growing successfully and serve customers worldwide. Old Dominion Freight Line ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Old Dominion Freight Line's P/S Ratio

Old Dominion Freight Line's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Old Dominion Freight Line's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Old Dominion Freight Line's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Old Dominion Freight Line’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Old Dominion Freight Line Stock

What is the price-to-earnings ratio of Old Dominion Freight Line?

The price-earnings ratio of Old Dominion Freight Line is currently 3.74.

How has the price-earnings ratio of Old Dominion Freight Line changed compared to last year?

The price-to-earnings ratio of Old Dominion Freight Line has increased by 25.5% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Old Dominion Freight Line high compared to other companies?

Yes, the price-to-earnings ratio of Old Dominion Freight Line is high compared to other companies.

How does an increase in the price-earnings ratio of Old Dominion Freight Line affect the company?

An increase in the price-earnings ratio of Old Dominion Freight Line would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Old Dominion Freight Line affect the company?

A decrease in the price-earnings ratio of Old Dominion Freight Line would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Old Dominion Freight Line?

Some factors that influence the price-earnings ratio of Old Dominion Freight Line are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Old Dominion Freight Line pay?

Over the past 12 months, Old Dominion Freight Line paid a dividend of 1.6 USD . This corresponds to a dividend yield of about 0.73 %. For the coming 12 months, Old Dominion Freight Line is expected to pay a dividend of 2.14 USD.

What is the dividend yield of Old Dominion Freight Line?

The current dividend yield of Old Dominion Freight Line is 0.73 %.

When does Old Dominion Freight Line pay dividends?

Old Dominion Freight Line pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Old Dominion Freight Line?

Old Dominion Freight Line paid dividends every year for the past 11 years.

What is the dividend of Old Dominion Freight Line?

For the upcoming 12 months, dividends amounting to 2.14 USD are expected. This corresponds to a dividend yield of 0.97 %.

In which sector is Old Dominion Freight Line located?

Old Dominion Freight Line is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Old Dominion Freight Line kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Old Dominion Freight Line from 3/20/2024 amounting to 0.52 USD, you needed to have the stock in your portfolio before the ex-date on 3/5/2024.

When did Old Dominion Freight Line pay the last dividend?

The last dividend was paid out on 3/20/2024.

What was the dividend of Old Dominion Freight Line in the year 2023?

In the year 2023, Old Dominion Freight Line distributed 1.2 USD as dividends.

In which currency does Old Dominion Freight Line pay out the dividend?

The dividends of Old Dominion Freight Line are distributed in USD.

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Andere Kennzahlen von Old Dominion Freight Line

Our stock analysis for Old Dominion Freight Line Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Old Dominion Freight Line Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.