Old Dominion Freight Line (ODFL) Dividend Coverage Ratio (2017 - 2026)
Old Dominion Freight Line's (ODFL) quarterly Dividend Coverage Ratio came in at 5.83 in Q2 2026, up 28.05% on a YoY basis from 4.55 in Q2 2025, and up 47.96% quarter-over-quarter from 3.94 in Q1 2026.
Analysis
Old Dominion Freight Line (ODFL) Dividend Coverage Ratio (2017 - 2026) Analysis & Trends
Old Dominion Freight Line (ODFL) has reported Dividend Coverage Ratio for 10 consecutive years, with 5.83 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 28.05% year-over-year to 5.83; the trailing twelve-month figure through Jun 2026 stood at 4.53 (down 4.95% YoY), and the FY2025 full-year result was 4.3, down 18.99% from the prior year.
- Dividend Coverage Ratio advanced to 5.83 in Q2 2026 per ODFL's latest filing, from 3.94 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 11.3 in Q3 2022 and bottomed at 3.73 in Q4 2025.
- Historically, Dividend Coverage Ratio has averaged 6.53 across 5 years, with a median of 5.79 in 2024.
- The sharpest annual moves came in 2023 and 2026: Dividend Coverage Ratio sank 39.91% in 2023, then rose 28.05% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 9.8 in 2022, then declined by 24.47% to 7.4 in 2023, then slumped by 35.87% to 4.75 in 2024, then fell by 21.36% to 3.73 in 2025, then jumped by 56.03% to 5.83 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 5.83, 3.94, and 3.73 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.71 Bn | 37.42 Bn | 1.52 Bn | 5.83 |
| 2 | Hunt J B Transport Services | 25.19 Bn | 25.19 Bn | - | 4.27 |
| 3 | Xpo | 21.57 Bn | 21.27 Bn | 1.89 Bn | - |
| 4 | FedEx Freight Holding Company | 18.58 Bn | 18.58 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.20 Bn | 11.02 Bn | 1.77 Bn | 1.32 |
| 6 | TFI International | 10.95 Bn | 10.74 Bn | - | 3.93 |
| 7 | Saia | 9.28 Bn | 9.19 Bn | - | - |
| 8 | Schneider National | 5.92 Bn | 5.39 Bn | 1.00 Bn | 2.84 |
| 9 | Arcbest | 3.05 Bn | 2.88 Bn | 1.14 Bn | -5.15 |
| 10 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 0.64 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.83 |
| Mar 31, 2026 | 3.94 |
| Dec 31, 2025 | 3.73 |
| Sep 30, 2025 | 4.62 |
| Jun 30, 2025 | 4.55 |
| Mar 31, 2025 | 4.28 |
| Dec 31, 2024 | 4.75 |
| Sep 30, 2024 | 5.55 |
| Jun 30, 2024 | 5.76 |
| Mar 31, 2024 | 5.16 |
| Dec 31, 2023 | 7.40 |
| Sep 30, 2023 | 7.77 |
| Jun 30, 2023 | 6.68 |
| Mar 31, 2023 | 6.47 |
| Dec 31, 2022 | 9.80 |
| Sep 30, 2022 | 11.30 |
| Jun 30, 2022 | 11.11 |
| Mar 31, 2022 | 8.77 |
| Dec 31, 2021 | 12.13 |
| Sep 30, 2021 | 12.47 |