Growth Metrics

Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026)

Old Dominion Freight Line posted quarterly Asset Utilization Ratio of 0.98 for Q1 2026, down 6.01% year-on-year 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) has 17 years of Asset Utilization Ratio data on file, last reported at 0.98 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 6.01% year-over-year to 0.98; the trailing twelve-month figure through Mar 2026 stood at 0.98 (down 6.01% YoY), and the FY2025 full-year result was 1.0, down 5.11% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.98, down from 1.0 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.3 in Q4 2022 and bottomed at 0.98 in Q1 2026.
  • The 5-year median for Asset Utilization Ratio is 1.09 (2024), against an average of 1.12.
  • The widest annual swing landed in 2022, when Asset Utilization Ratio grew 23.77%; it then fell 16.79% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 1.3 in 2022, then dropped by 16.36% to 1.09 in 2023, then declined by 1.84% to 1.07 in 2024, then slipped by 6.07% to 1.0 in 2025, then retreated 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 47.65 Bn 47.37 Bn 1.33 Bn 0.98
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 1.01
3 Saia 12.92 Bn 12.88 Bn - 0.92
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 0.63
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 1.16
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 1.75
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 1.65
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 1.00
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn 0.92
10 Heartland Express 1.20 Bn 1.16 Bn 167.03 Mn 0.64

Historic Data

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DateValue
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
Jun 30, 2021 1.03
Mar 31, 2021 0.95
Dec 31, 2020 0.93
Sep 30, 2020 0.96
Jun 30, 2020 1.00
Mar 31, 2020 1.03
Sep 30, 2019 1.08
Jun 30, 2019 1.11
Mar 31, 2019 1.13
Dec 31, 2018 1.15
Sep 30, 2018 1.15
Jun 30, 2018 1.15
Mar 31, 2018 1.14
Dec 31, 2017 1.11
Sep 30, 2017 1.11
Jun 30, 2017 1.12
Mar 31, 2017 1.12
Dec 31, 2016 1.11
Sep 30, 2016 1.12
Jun 30, 2016 1.15
Mar 31, 2016 1.20
Dec 31, 2015 1.20
Sep 30, 2015 1.22
Jun 30, 2015 1.24
Mar 31, 2015 1.26
Dec 31, 2014 1.27
Sep 30, 2014 1.23
Jun 30, 2014 1.22
Mar 31, 2014 1.22
Dec 31, 2013 1.22
Sep 30, 2013 1.21
Jun 30, 2013 1.22
Mar 31, 2013 1.25
Dec 31, 2012 1.25
Sep 30, 2012 1.24
Jun 30, 2012 1.26
Mar 31, 2012 1.27
Dec 31, 2011 1.26
Sep 30, 2011 1.25
Jun 30, 2011 1.22
Mar 31, 2011 1.21
Dec 31, 2010 1.20
Sep 30, 2010 1.15