Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026)
Old Dominion Freight Line's (ODFL) quarterly Asset Utilization Ratio came in at 0.98 in Q1 2026, down 6.01% YoY from 1.04 in Q1 2025, and down 1.98% on a QoQ basis from 1.0 in Q4 2025.
Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has 17 years of Asset Utilization Ratio data on file, last reported at 0.98 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 6.01% year-over-year to 0.98 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.98 (down 6.01% YoY) and the FY2025 annual result came in at 1.0, down 5.11% from the prior year.
- Asset Utilization Ratio slipped to 0.98 in Q1 2026, from 1.0 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.3 in Q4 2022 to a low of 0.98 in Q1 2026.
- A 5-year average of 1.12 and a median of 1.09 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio grew 23.77% — and 2024, when it fell 16.79%.
- Tracing ODFL's Asset Utilization Ratio over 5 years: stood at 1.3 in 2022, then slipped by 16.36% to 1.09 in 2023, then dropped by 1.84% to 1.07 in 2024, then decreased by 6.07% to 1.0 in 2025, then fell by 1.98% to 0.98 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.98 (Q1 2026), 1.0 (Q4 2025), and 1.01 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 0.98 |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 1.04 |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 1.08 |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 0.65 |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 0.93 |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 1.17 |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 1.81 |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 1.71 |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 1.01 |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn | 0.93 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.98 |
| Mar 31, 2026 | 0.98 |
| Dec 31, 2025 | 1.00 |
| Sep 30, 2025 | 1.01 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 1.10 |
| Jun 30, 2024 | 1.09 |
| Mar 31, 2024 | 1.05 |
| Dec 31, 2023 | 1.09 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 1.20 |
| Mar 31, 2023 | 1.27 |
| Dec 31, 2022 | 1.30 |
| Sep 30, 2022 | 1.29 |
| Jun 30, 2022 | 1.26 |
| Mar 31, 2022 | 1.18 |
| Dec 31, 2021 | 1.11 |
| Sep 30, 2021 | 1.08 |