ODFL

Old Dominion Freight Line
D

ODFL

Arincen80/100B

Old Dominion Freight Line return on equity (ROE)

Old Dominion Freight Line's return on equity is 24.87%: net income of 1.16B USD over the last twelve months on shareholders' equity of 4.67B USD.

Today
24.87%
Average, 5 years
29.52%
Low, 5 years
22.89%
High, 5 years
37.70%

ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 1.16B ÷ 4.67B = 24.87%

ROE (return on equity)
Net income
Shareholders' equity

Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.

Why is Old Dominion Freight Line's return on equity so high?

Net margin
18.6%
profit on each dollar of sales
Asset turnover
1.00×
sales on each dollar of assets
Equity multiplier
1.27×
assets on each dollar of equity
Return on equity
23.7%
FY2025
  • FY202518.6% × 1.00 × 1.27 = 23.7%
  • FY202420.4% × 1.06 × 1.29 = 27.9%
  • FY202321.1% × 1.06 × 1.29 = 29.1%
  • FY202222.0% × 1.29 × 1.32 = 37.7%
  • FY202119.7% × 1.09 × 1.31 = 28.1%

The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.

ROE (return on equity) by year and by quarter

Fiscal yearPeriod endingROE (return on equity)Net incomeShareholders' equity
Today24.87%1.16B4.67B
FY202531 Dec 202523.75%1.02B4.31B
FY202431 Dec 202427.94%1.19B4.24B
FY202331 Dec 202329.11%1.24B4.26B
FY202231 Dec 202237.70%1.38B3.65B
FY202131 Dec 202128.11%1.03B3.68B
FY202031 Dec 202020.22%672.68M3.33B
FY201931 Dec 201919.98%615.52M3.08B
FY201831 Dec 201822.60%605.67M2.68B
FY201731 Dec 201720.37%463.77M2.28B
FY201631 Dec 201615.98%295.77M1.85B
FY201531 Dec 201518.09%304.69M1.68B
FY201431 Dec 201417.91%267.51M1.49B
FY201331 Dec 201316.73%206.11M1.23B
FY201231 Dec 201216.52%169.45M1.03B
FY201131 Dec 201116.28%139.47M856.52M
FY201031 Dec 201011.31%75.65M668.65M
FY200931 Dec 20095.88%34.87M593.00M
FY200831 Dec 200812.30%68.68M558.13M
FY200731 Dec 200714.68%71.83M489.45M
FY200631 Dec 200617.38%72.57M417.62M
FY200531 Dec 200515.50%53.48M345.05M
FY200431 Dec 200413.38%38.99M291.53M
FY200331 Dec 200311.87%27.60M232.54M
FY200231 Dec 20029.26%18.85M203.56M
FY200131 Dec 20018.71%11.91M136.64M
FY200031 Dec 200011.00%13.72M124.73M
FY199931 Dec 199913.19%14.64M111.04M
FY199831 Dec 199811.51%11.12M96.64M
FY199731 Dec 199711.74%10.04M85.50M
FY199631 Dec 19968.20%6.14M74.93M
FY199531 Dec 19956.98%4.80M68.80M
FY199431 Dec 199415.70%10.00M63.70M
FY199331 Dec 199315.46%8.30M53.70M
FY199231 Dec 199219.33%8.70M45.00M
FY199131 Dec 19910.54%200.00K37.00M
FY199031 Dec 1990—4.70M—

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.

See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios

Common questions about Old Dominion Freight Line's ROE

Source: Financial Modeling PrepVerified against SEC filings