Old Dominion Freight Line, Inc. (ODFL) Debt to Assets Ratio: 0.03%
The debt to assets ratio for Old Dominion Freight Line, Inc. (ODFL) is 0.03% as of Tuesday, June 9, 2026.
ODFL Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.03%
ODFL Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | — | 0.03% |
| Rockwell Automation, Inc. (ROK) | $51.24B | 0.33% |
| AMETEK, Inc. (AME) | $52.67B | 0.14% |
| Fastenal Company (FAST) | $53.48B | 0.09% |
| Rocket Lab USA, Inc. (RKLB) | $62.65B | 0.11% |
| PACCAR Inc (PCAR) | $62.99B | 0.00% |
| Axon Enterprise, Inc. (AXON) | $36.47B | 0.27% |
| Paychex, Inc. (PAYX) | $35.93B | 0.30% |
| Dover Corporation (DOV) | $29.76B | 0.28% |
| Illinois Tool Works Inc. (ITW) | $73.81B | 0.56% |
Leverage Ratios Comparison
Debt/Assets
0.0%
Debt/Equity
0.03
Current Ratio
1.44
Interest Coverage
4598.1x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Old Dominion Freight Line, Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The debt to assets ratio for ODFL stock is 0.03%.
About Old Dominion Freight Line, Inc.
Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.
- Sector
- Industrials
- Industry
- Trucking
- CEO
- Kevin Freeman