Old Dominion Freight Line ODFL
NASDAQ ODFL
$177.46 +0.61 (+0.34%)
At close: Sep 29, 2026 · 4:00 PM EDT

Old Dominion Freight Line (ODFL) Rent Expense (2009 - 2018)

Updated

Old Dominion Freight Line's Rent Expense came in at $1.39 million for Q4 2018, down 25.6% from $1.87 million a year earlier and down 9.3% from the prior quarter.

Analysis

Old Dominion Freight Line (ODFL) Rent Expense (2009 - 2018) Analysis & Trends

For FY2018, Old Dominion Freight Line's Rent Expense was $6.45 million, down 19.3% from FY2017.

  • Rent Expense carries a five-year compound annual growth rate of -11.6% (FY2013 to FY2018).
  • Going back by year, Rent Expense was $7.98 million in FY2017 (+0.8%), $7.92 million in FY2016 (-17.7%), $9.62 million in FY2015 (-9.9%) and $10.68 million in FY2014 (-10.4%).
  • The Q4 2018 figure represents the lowest quarterly Rent Expense in data going back to Q2 2009.
  • Year-over-year, Rent Expense has declined for four consecutive quarters, with an average decline of 8.0% over the last eight quarters.
  • The fastest year-over-year change in Rent Expense over five years came in Q4 2017 (growth of 30.5%), and the weakest in Q4 2016 (a decline of 42.1%).
  • Business Quant data shows ODFL's Rent Expense at $1.53 million (Q3 2018), $1.65 million (Q2 2018) and $1.88 million (Q1 2018) in the three quarters before Q4 2018.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Union Pacific 162.85 Bn 157.37 Bn - 214.00 Mn
2 Csx 86.62 Bn 82.84 Bn - 97.00 Mn
3 Canadian Pacific Kansas City 76.11 Bn 75.83 Bn - -
4 United Parcel Service 70.66 Bn 47.58 Bn - -
5 Norfolk Southern 70.32 Bn 64.96 Bn - -
6 Fedex 68.53 Bn 34.48 Bn - 1.25 Bn
7 Delta Air Lines 55.25 Bn 37.43 Bn - -
8 Old Dominion Freight Line 36.69 Bn 35.95 Bn - -
9 Ryanair Holdings 28.78 Bn 12.78 Bn 3.13 Bn -
10 Copart 25.20 Bn 8.75 Bn 732.88 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2018 1.39 Mn
Sep 30, 2018 1.53 Mn
Jun 30, 2018 1.65 Mn
Mar 31, 2018 1.88 Mn
Dec 31, 2017 1.87 Mn
Sep 30, 2017 2.02 Mn
Jun 30, 2017 1.98 Mn
Mar 31, 2017 2.11 Mn
Dec 31, 2016 1.43 Mn
Sep 30, 2016 2.05 Mn
Jun 30, 2016 2.16 Mn
Mar 31, 2016 2.27 Mn
Dec 31, 2015 2.47 Mn
Sep 30, 2015 2.40 Mn
Jun 30, 2015 2.47 Mn
Mar 31, 2015 2.28 Mn
Dec 31, 2014 2.78 Mn
Sep 30, 2014 2.88 Mn
Jun 30, 2014 2.51 Mn
Mar 31, 2014 2.51 Mn
API Access

Old Dominion Freight Line Rent Expense 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=rent-expense&ticker=ODFL&period=max&api_key=YOUR_API_KEY