Old Dominion Freight Line, Inc. (ODFL) FCF Payout Ratio: 23.51%
Is Old Dominion Freight Line, Inc.’s FCF payout ratio high or low?
Old Dominion Freight Line, Inc.'s FCF payout ratio of 23.51% is 28% above its 5-year average of 18.35%, near the high end of its 5-year range (10.03%–25.18%).
The FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL) is 23.51%. It is below its 12-month average by 5.69% (24.93%).
ODFL FCF Payout Ratio Chart
ODFL Average FCF Payout Ratio Chart
ODFL Current vs Average FCF Payout Ratio Chart
ODFL FCF Payout Ratio Metrics
FCF PAYOUT RATIO
23.51%
FCF PAYOUT RATIO AVG TTM
24.93%
FCF PAYOUT RATIO AVG 3Y
21.52%
FCF PAYOUT RATIO AVG 5Y
18.35%
FCF PAYOUT RATIO AVG 10Y
17.32%
FCF PAYOUT RATIO AVG 15Y
17.32%
FCF PAYOUT RATIO AVG 20Y
17.32%
CURRENT VS TTM AVG
-5.69%
CURRENT VS 3Y AVG
+9.23%
CURRENT VS 5Y AVG
+28.15%
CURRENT VS 10Y AVG
+35.73%
CURRENT VS 15Y AVG
+35.73%
CURRENT VS 20Y AVG
+35.73%
Payout Ratio Comparison
FCF Payout Ratio
23.5%
Earnings Payout Ratio
23.5%
Dividend Yield
0.46%
FCF Yield
1.96%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $955.10M | $235.64M | 24.7% |
| 2024 | $887.97M | $223.62M | 25.2% |
| 2023 | $811.83M | $175.09M | 21.6% |
| 2022 | $916.43M | $134.48M | 14.7% |
| 2021 | $662.53M | $92.37M | 13.9% |
| 2020 | $707.94M | $71.02M | 10.0% |
| 2019 | $504.56M | $54.55M | 10.8% |
| 2018 | $311.82M | $42.57M | 13.7% |
| 2017 | $154.17M | $32.92M | 21.4% |
| 2016 | $147.64M | $0 | 0.0% |
| 2015 | $91.82M | $0 | 0.0% |
| 2014 | $23.99M | $0 | 0.0% |
| 2013 | $55.06M | $0 | 0.0% |
| 2012 | ($45.14M) | $0 | N/A (Loss) |
| 2011 | $27.17M | $0 | 0.0% |
| 2010 | $34.73M | $0 | 0.0% |
| 2009 | ($80.17M) | $0 | N/A (Loss) |
| 2008 | $15.01M | $0 | 0.0% |
| 2007 | ($29.09M) | $0 | N/A (Loss) |
| 2006 | ($44.49M) | $0 | N/A (Loss) |
| 2005 | ($28.97M) | $0 | N/A (Loss) |
| 2004 | ($3.85M) | $0 | N/A (Loss) |
| 2003 | ($26.84M) | $0 | N/A (Loss) |
| 2002 | ($25.65M) | $0 | N/A (Loss) |
| 2001 | ($11.36M) | $0 | N/A (Loss) |
| 2000 | ($20.92M) | $0 | N/A (Loss) |
| 1999 | $4.00M | $0 | 0.0% |
| 1998 | ($808,000) | $0 | N/A (Loss) |
| 1997 | ($6.44M) | $0 | N/A (Loss) |
| 1996 | ($13.59M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Old Dominion Freight Line, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The FCF payout ratio for ODFL stock is 23.51%.
- Is Old Dominion Freight Line, Inc.'s FCF payout ratio high or low?
- Old Dominion Freight Line, Inc.'s FCF payout ratio of 23.51% is 28% above its 5-year average of 18.35%, near the high end of its 5-year range (10.03%–25.18%).
- What is the TTM average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The TTM average FCF payout ratio for ODFL stock is 24.93%.
- What is the 3Y average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The 3Y average FCF payout ratio for ODFL stock is 21.52%.
- What is the 5Y average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The 5Y average FCF payout ratio for ODFL stock is 18.35%.
- What is the 10Y average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The 10Y average FCF payout ratio for ODFL stock is 17.32%.
- What is the 15Y average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The 15Y average FCF payout ratio for ODFL stock is 17.32%.
- What is the 20Y average FCF payout ratio for Old Dominion Freight Line, Inc. (ODFL)?
- The 20Y average FCF payout ratio for ODFL stock is 17.32%.
Old Dominion Freight Line, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 24.67% |
| 2024-12-31 | 25.18% |
| 2023-12-31 | 21.57% |
| 2022-12-31 | 14.67% |
| 2021-12-31 | 13.94% |
| 2020-12-31 | 10.03% |
| 2019-12-31 | 10.81% |
| 2018-12-31 | 13.65% |
| 2017-12-31 | 21.36% |
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