The Discounted Cash Flow (DCF) valuation of Old Dominion Freight Line Inc (ODFL) is 115.87 USD. With the latest stock price at 167.73 USD, the upside of Old Dominion Freight Line Inc based on DCF is -30.9%.

Is ODFL a buy or a sell?

Based on the latest price of 167.73 USD and our DCF valuation, Old Dominion Freight Line Inc (ODFL) is a sell. Selling ODFL stocks now will result in a potential gain of 30.9%.

	Range	Selected
WACC / Discount Rate	7.1% - 9.9%	8.5%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	79.26 - 233.08	115.87
Upside	-52.7% - 39.0%	-30.9%

167.73 USD

Stock Price

115.87 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

ODFL DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	5,815	5,475	5,585	5,805	5,921	6,238
% Growth	1%	-6%	2%	4%	2%	5%

Cost of goods sold	(635)	(568)	(551)	(544)	(527)	(527)
% of Revenue	11%	10%	10%	9%	9%	8%

Selling, G&A expenses	(2,999)	(2,824)	(2,880)	(2,994)	(3,054)	(3,217)
% of Revenue	52%	52%	52%	52%	52%	52%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(623)	(586)	(598)	(622)	(634)	(668)
% of Revenue	11%	11%	11%	11%	11%	11%

Tax expense	(372)	(377)	(392)	(415)	(430)	(460)
Tax rate	24%	25%	25%	25%	25%	25%

Net profit	1,186	1,119	1,163	1,231	1,276	1,365
% Margin	20%	20%	21%	21%	22%	22%