Old Dominion Freight Line Market capitalization 2024

The Old Dominion Freight Line Market capitalization history

YEAR	REVENUE (undefined USD)	GROSS MARGIN (%)	NET INCOME (undefined USD)
2027e	8.72	59,06	4.08
2026e	7.68	67,05	1.79
2025e	7.09	72,57	1.64
2024e	6.48	79,47	1.43
2023	5.87	87,75	1.24
2022	6.26	86,37	1.38
2021	5.26	89,20	1.03
2020	4.02	90,70	0.67
2019	4.11	88,49	0.62
2018	4.04	87,86	0.61
2017	3.36	88,63	0.46
2016	2.99	89,20	0.3
2015	2.97	88,10	0.3
2014	2.79	84,48	0.27
2013	2.34	83,52	0.21
2012	2.13	82,26	0.17
2011	1.9	81,34	0.14
2010	1.48	83,50	0.08
2009	1.25	85,44	0.03
2008	1.54	80,16	0.07
2007	1.4	82,96	0.07
2006	1.28	84,02	0.07
2005	1.06	85,11	0.05
2004	0.82	87,78	0.04

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.

Market capitalization Details

Exploring Old Dominion Freight Line's Market Capitalization

Old Dominion Freight Line's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Old Dominion Freight Line's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Old Dominion Freight Line's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Old Dominion Freight Line’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Old Dominion Freight Line Stock

What is the current Old Dominion Freight Line market capitalization?

The current market capitalization of Old Dominion Freight Line is 42.95 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Old Dominion Freight Line.

How has the market capitalization of Old Dominion Freight Line developed in recent years?

The market capitalization of Old Dominion Freight Line has increased/decreased by 25.3% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Old Dominion Freight Line?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Old Dominion Freight Line?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Old Dominion Freight Line have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 0.82 %. 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 0.82 %.

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 1.1 %.

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.