Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 31.94.
Forward PE Ratio (31.94) = Close Price ($187.01) / Consensus Forward EPS ($5.82)
FORWARD PE RATIO
31.94
SECTOR MEDIAN · INDUSTRIALS
24.39
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+30.96%
vs the sector median at left
Old Dominion Freight Line, Inc.
Market Cap
$38.89B
Forward PE Ratio
31.94
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Old Dominion Freight Line, Inc. (ODFL) | $38.89B | 31.94 |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.13B | N/A |
| Axon Enterprise, Inc. (AXON)vs › | $40.74B | 66.85 |
| Waste Connections, Inc. (WCN)vs › | $41.12B | 28.75 |
| Paychex, Inc. (PAYX)vs › | $41.59B | 22.16 |
| Ferrovial SE (FER)vs › | $42.06B | 58.79 |
| United Airlines Holdings, Inc. (UAL)vs › | $35.13B | 10.98 |
| Thomson Reuters Corporation (TRI)vs › | $43.13B | 23.59 |
| EMCOR Group, Inc. (EME)vs › | $34.10B | 22.89 |
| Ferguson plc (FERG)vs › | $43.89B | 20.09 |
Trailing P/E
35.8
reported TTM EPS
Forward P/E
31.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.82 implies +12.1% EPS growth vs the reported trailing $5.19.
At today's $187.01 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $5.82 | $5.64 – $5.95 | 16 | 32.1x |
| 2027-12-31 | $6.65 | $6.20 – $7.17 | 15 | 28.1x |
| 2028-12-31 | $7.66 | $7.40 – $7.96 | 7 | 24.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute