Old Net Income from 2010 to 2024

ODFL Stock  USD 224.11  1.86  0.82%   
Old Dominion Net Income yearly trend continues to be quite stable with very little volatility. Net Income may rise above about 1.3 B this year. From the period between 2010 and 2024, Old Dominion, Net Income regression line of its data series had standard deviation of  455,836,771 and standard deviation of  455,836,771. View All Fundamentals
 
Net Income  
First Reported
1990-03-31
Previous Quarter
322 M
Current Value
308.6 M
Quarterly Volatility
97.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Old Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old Dominion's main balance sheet or income statement drivers, such as Interest Expense of 440.8 K, Total Revenue of 6.2 B or Gross Profit of 2.2 B, as well as many indicators such as Price To Sales Ratio of 7.94, Dividend Yield of 0.0026 or PTB Ratio of 10.94. Old financial statements analysis is a perfect complement when working with Old Dominion Valuation or Volatility modules.
  
Check out the analysis of Old Dominion Correlation against competitors.

Latest Old Dominion's Net Income Growth Pattern

Below is the plot of the Net Income of Old Dominion Freight over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Old Dominion Freight financial statement analysis. It represents the amount of money remaining after all of Old Dominion Freight operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Old Dominion's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old Dominion's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.24 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Old Net Income Regression Statistics

Arithmetic Mean579,857,273
Geometric Mean350,419,269
Coefficient Of Variation78.61
Mean Deviation371,650,692
Median463,774,000
Standard Deviation455,836,771
Sample Variance207787.2T
Range1.4B
R-Value0.95
Mean Square Error20872.4T
R-Squared0.91
Slope97,058,135
Total Sum of Squares2909020.3T

Old Net Income History

20241.3 B
20231.2 B
20221.4 B
2021B
2020672.7 M
2019615.5 M
2018605.7 M

Other Fundumenentals of Old Dominion Freight

Old Dominion Net Income component correlations

About Old Dominion Financial Statements

Old Dominion investors utilize fundamental indicators, such as Net Income, to predict how Old Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income1.2 B1.3 B
Net Income Applicable To Common Shares1.6 B1.7 B
Net Income From Continuing Ops1.2 B1.3 B
Net Income Per Share 5.66  5.95 
Net Income Per E B T 0.75  0.50 

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out the analysis of Old Dominion Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.98
Earnings Share
5.71
Revenue Per Share
27.363
Quarterly Revenue Growth
(0.03)
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.