Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026)
Old Dominion Freight Line (ODFL) posted Asset Utilization Ratio of 0.98 for Q1 2026, down 1.98% quarter-over-quarter from 1.0 in Q4 2025, and down 6.01% year-on-year from 1.04 in Q1 2025.
Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has reported Asset Utilization Ratio for 17 consecutive years, with 0.98 the latest figure, recorded in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.98, down 6.01% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.98 (down 6.01% YoY), and the FY2025 annual result was 1.0, down 5.11% from the prior year.
- Asset Utilization Ratio was 0.98 for Q1 2026 at Old Dominion Freight Line, down from 1.0 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.3 in Q4 2022 and troughed at 0.98 in Q1 2026.
- Average Asset Utilization Ratio over 5 years is 1.12, with a median of 1.09 recorded in 2024.
- Year-over-year, Asset Utilization Ratio rose 23.77% in 2022 and decreased 16.79% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 1.3 in 2022, then fell by 16.36% to 1.09 in 2023, then retreated by 1.84% to 1.07 in 2024, then declined by 6.07% to 1.0 in 2025, then slipped by 1.98% to 0.98 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.98 in Q1 2026, 1.0 in Q4 2025, and 1.01 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 1.05 |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 0.98 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 1.01 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.63 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 0.92 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 1.16 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 1.75 |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 1.65 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 1.00 |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 0.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |