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
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