Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026)
Old Dominion Freight Line's (ODFL) Asset Utilization Ratio came in at 1.00 for Q3 2026, down 1.2% from 1.01 a year earlier but up 1.2% from the prior quarter.
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Analysis
Old Dominion Freight Line (ODFL) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Since Q3 2010, Old Dominion Freight Line has reported Asset Utilization Ratio for 65 quarters.
- Annual Asset Utilization Ratio has declined for three consecutive years.
- In prior years, Old Dominion Freight Line's Asset Utilization Ratio was 1.06 in FY2024 (-6.8%), 1.13 in FY2023 (-12.5%), 1.30 in FY2022 (+13.3%) and 1.14 in FY2021 (+19.1%).
- Quarterly Asset Utilization Ratio has run from a low of 0.98 in Q1 2026 to a high of 1.30 in Q4 2022 over five years.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last 14 quarters, with an average decline of 4.3% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2022, with growth of 23.8%; the weakest was Q1 2024, with a decline of 16.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.98 (Q2 2026), 0.98 (Q1 2026) and 1.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | 0.37 |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | 0.33 |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 1.27 |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | 0.18 |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | 0.98 |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | 0.28 |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | 0.83 |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | 0.77 |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | 1.00 |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 |
| 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 |
API Access
Old Dominion Freight Line Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ODFL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ODFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ODFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();