Old Dominion Freight Line Revenue 2024

Old Dominion Freight Line Revenue

6.49 B USD

Old Dominion Freight Line Dividend yield

0.37 %

Ticker

ODFL

ISIN

US6795801009

WKN

923655

In 2024, Old Dominion Freight Line's sales reached 6.49 B USD, a 10.62% difference from the 5.87 B USD sales recorded in the previous year.

The Old Dominion Freight Line Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2027e8.7259,06
2026e7.6667,19
2025e7.1272,33
2024e6.4979,33
20235.8787,75
20226.2686,37
20215.2689,20
20204.0290,70
20194.1188,49
20184.0487,86
20173.3688,63
20162.9989,20
20152.9788,10
20142.7984,48
20132.3483,52
20122.1382,26
20111.981,34
20101.4883,50
20091.2585,44
20081.5480,16
20071.482,96
20061.2884,02
20051.0685,11
20040.8287,78

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.

Revenue Details

Understanding Old Dominion Freight Line's Sales Figures

The sales figures of Old Dominion Freight Line originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Old Dominion Freight Line’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Old Dominion Freight Line's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Old Dominion Freight Line’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Old Dominion Freight Line Stock

How much revenue did Old Dominion Freight Line generate this year?

Old Dominion Freight Line has achieved a revenue of 6.49 B USD this year.

How much was the turnover of the company Old Dominion Freight Line compared to the previous year?

The revenue of Old Dominion Freight Line has increased by 10.62% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Old Dominion Freight Line?

The revenue of Old Dominion Freight Line is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Old Dominion Freight Line measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Old Dominion Freight Line so important for investors?

The revenue of Old Dominion Freight Line is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 0.37 %. 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 0.37 %.

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 0.5 %.

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.