Old Dominion Freight Line (Old Dominion Freight Line) 5-Year Yield-on-Cost % : 2.27 (As of Apr. 27, 2024)

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What is Old Dominion Freight Line 5-Year Yield-on-Cost %?

Old Dominion Freight Line's yield on cost for the quarter that ended in Dec. 2023 was 2.27.

The historical rank and industry rank for Old Dominion Freight Line's 5-Year Yield-on-Cost % or its related term are showing as below:

ODFL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.47 Med: 1.51 Max: 2.27
Current: 2.27

During the past 13 years, Old Dominion Freight Line's highest Yield on Cost was 2.27. The lowest was 0.47. And the median was 1.51.

ODFL's 5-Year Yield-on-Cost % is ranked worse than
65.92% of 625 companies
in the Transportation industry
Industry Median: 3.52 vs ODFL: 2.27

Competitive Comparison of Old Dominion Freight Line's 5-Year Yield-on-Cost %

For the Trucking subindustry, Old Dominion Freight Line's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Old Dominion Freight Line's 5-Year Yield-on-Cost % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Old Dominion Freight Line's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's 5-Year Yield-on-Cost % falls into.

Old Dominion Freight Line 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Old Dominion Freight Line is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Old Dominion Freight Line (NAS:ODFL) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Old Dominion Freight Line 5-Year Yield-on-Cost % Related Terms

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Old Dominion Freight Line (Old Dominion Freight Line) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Old Dominion Freight Line Inc (NAS:ODFL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

ODFL:Mexico ODF:Germany ODF:Germany O1DF34:Brazil

Address

500 Old Dominion Way, Thomasville, NC, USA, 27360

Website

https://www.odfl.com

Old Dominion Freight Line is the second-largest less than truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Executives

David S Congdon	director, 10 percent owner, officer: President and COO	C/O OLD DOMINION FREIGHT LINE, INC., 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Stith Thomas A. Iii	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Steven W. Hartsell	officer: SVP - Sales	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Christopher James Kelley	officer: SVP - Operations	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Bradley R Gabosch	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
David J. Bates	officer: SVP - Operations	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Leo H Suggs	director	UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
D. Michael Wray	director	7205 PINETREE ROAD, RICHMOND VA 23229
Gregory B Plemmons	officer: SVP - Sales	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Wendy T. Stallings	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Earl E Congdon	director, officer: Chairman of the Board and CEO	C/O OLD DOMINION FREIGHT LINE, INC., 500 OLD DOMINION WAY, THOMASVILLE NC 27360
Sherry A Aaholm	director	500 JACKSON STREET, COLUMBUS IN 47201
Christopher T Brooks	officer: SVP - Human Resources & Safety	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Kimberly S Maready	officer: VP - Accounting & Fin. (PAO)	500 OLD DOMINION WAY, THOMASVILLE NC 27360