Old Dominion Freight Line (ODFL) Change in Acquisitions & Divestments (2021 - 2023)
Old Dominion Freight Line's (ODFL) quarterly Change in Acquisitions & Divestments came in at $24.3 million in Q2 2023, down 69.63% YoY from $79.9 million in Q2 2022, and down 1.24% on a QoQ basis from $24.6 million in Q1 2023.
Old Dominion Freight Line (ODFL) Change in Acquisitions & Divestments (2021 - 2023) Analysis & Trends
Old Dominion Freight Line (ODFL) has 3 years of Change in Acquisitions & Divestments data on file, last reported at $24.3 million in Q2 2023.
- Quarterly Change in Acquisitions & Divestments fell 69.63% year-over-year to $24.3 million in Q2 2023, while the trailing twelve-month figure through Dec 2024 was $24.3 million (down 50.31% YoY) and the FY2024 annual result came in at $30.0 million, down 38.59% from the prior year.
- Change in Acquisitions & Divestments declined to $24.3 million in Q2 2023, from $24.6 million in the prior quarter.
- In the past five years, Change in Acquisitions & Divestments ranged from a high of $144.9 million in Q2 2021 to a low of $24.3 million in Q2 2023.
- A 3-year average of $85.3 million and a median of $92.5 million in 2021 frame the typical range for Change in Acquisitions & Divestments.
- Annual changes were most pronounced in 2022 — Change in Acquisitions & Divestments surged 46.38% — and 2023, when it slumped 69.63%.
- Tracing ODFL's Change in Acquisitions & Divestments over 3 years: stood at $74.9 million in 2021, then jumped by 46.38% to $109.7 million in 2022, then plunged by 77.87% to $24.3 million in 2023.
- The last three Change in Acquisitions & Divestments figures came in at $24.3 million (Q2 2023), $24.6 million (Q1 2023), and $109.7 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 24.27 Mn |
| Jun 30, 2023 | 24.27 Mn |
| Mar 31, 2023 | 24.58 Mn |
| Mar 31, 2023 | 24.58 Mn |
| Dec 31, 2022 | 109.68 Mn |
| Dec 31, 2022 | 109.68 Mn |
| Sep 30, 2022 | 129.74 Mn |
| Sep 30, 2022 | 129.74 Mn |
| Jun 30, 2022 | 79.92 Mn |
| Jun 30, 2022 | 79.92 Mn |
| Mar 31, 2022 | 49.97 Mn |
| Mar 31, 2022 | 49.97 Mn |
| Dec 31, 2021 | 74.93 Mn |
| Dec 31, 2021 | 74.93 Mn |
| Sep 30, 2021 | 105.13 Mn |
| Sep 30, 2021 | 105.13 Mn |
| Jun 30, 2021 | 144.88 Mn |
| Jun 30, 2021 | 144.88 Mn |
| Mar 31, 2021 | 110.19 Mn |
| Mar 31, 2021 | 110.19 Mn |