OLD DOMINION FREIGHT LINE, INC. (ODFL)

Trucking (No Local)

Latest Price

$212.14

TTM P/E

44.29

Normalized P/E

25.33

Div Yield

0.53%

Book Value

21.12

P/B Ratio

10.04

Valuation metrics

EPS: $4.84

Book value / share: $20.67

Formula: √(22.5 × EPS × BVPS)

Graham Number

$47.45

78% downside

Norm. op. income: $1.4B (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$50.38

76% downside

Base FCF: $888M (median of recent 5yr)

Growth: 8%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$94.39

56% downside

EPS: $4.84

Target P/E: 25×

Formula: EPS × P/E

P/E Fair Value

$121.00

43% downside

75.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	14.89M	$2.91B	7.16%	+299.9K	2026-03-31
PRICE T ROWE ASSOCIATES INC /MD/	12.33M	$2.41B	5.92%	-1.90M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	12.08M	$2.36B	5.80%	--	2026-03-31
FMR LLC	11.71M	$2.29B	5.63%	+4.83M	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	8.67M	$1.69B	4.17%	--	2026-03-31
STATE STREET CORP	7.83M	$1.53B	3.76%	+87.9K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	5.10M	$992.0M	2.45%	+98.2K	2026-03-31
Bank of New York Mellon Corp	4.25M	$829.0M	2.04%	-478.6K	2026-03-31
Boston Partners	3.99M	$780.0M	1.92%	-131.4K	2026-03-31
T. Rowe Price Investment Management, Inc.	3.58M	$699.0M	1.72%	+1.15M	2026-03-31