RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Old Dominion Freight Line ROA 2024

Old Dominion Freight Line ROA

0.22

Old Dominion Freight Line Dividend yield

Ticker

ODFL

ISIN

US6795801009

WKN

923655

In 2024, Old Dominion Freight Line's return on assets (ROA) was 0.22, a -21% increase from the 0.28 ROA in the previous year.

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.

ROA Details

Understanding Old Dominion Freight Line's Return on Assets (ROA)

Old Dominion Freight Line's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Old Dominion Freight Line's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Old Dominion Freight Line's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Old Dominion Freight Line’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Old Dominion Freight Line Stock

What is the Return on Assets (ROA) of Old Dominion Freight Line this year?

The Return on Assets (ROA) of Old Dominion Freight Line is 0.22 undefined this year.

What was the ROA of Old Dominion Freight Line compared to the previous year?

The ROA of Old Dominion Freight Line has increased by -21% compared to the previous year.

What consequences do high ROA have for investors of Old Dominion Freight Line?

A high ROA is advantageous for investors of Old Dominion Freight Line, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Old Dominion Freight Line?

A low ROA can be unfavorable for investors of Old Dominion Freight Line as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Old Dominion Freight Line affect the company?

An increase in ROA of Old Dominion Freight Line can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Old Dominion Freight Line impact the company?

A reduction in the ROA of Old Dominion Freight Line can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Old Dominion Freight Line?

Some factors that can influence the ROA of Old Dominion Freight Line include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Old Dominion Freight Line important for investors?

The ROA of Old Dominion Freight Line is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Old Dominion Freight Line take to improve ROA?

To improve ROA, Old Dominion Freight Line can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Old Dominion Freight Line pay?

Over the past 12 months, Old Dominion Freight Line paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 1.09 %.

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.