Old Dominion Freight Line (ODFL) Rent Expense (2009 - 2018)
Old Dominion Freight Line posted quarterly Rent Expense of $1.4 million for Q4 2018, down 25.61% year-on-year from $1.9 million in Q4 2017, and down 9.26% on a QoQ basis from $1.5 million in Q3 2018.
Old Dominion Freight Line (ODFL) has 10 years of Rent Expense data on file, last reported at $1.4 million in Q4 2018.
- For the quarter ending Q4 2018, Rent Expense fell 25.61% year-over-year to $1.4 million; the trailing twelve-month figure through Dec 2018 stood at $6.4 million (down 19.26% YoY), and the FY2018 full-year result was $6.4 million, down 19.26% from the prior year.
- Rent Expense for Q4 2018 stood at $1.4 million, down from $1.5 million in the prior quarter.
- Across five years, Rent Expense topped out at $2.9 million in Q3 2014 and bottomed at $1.4 million in Q4 2018.
- The 5-year median for Rent Expense is $2.1 million (2016), against an average of $2.1 million.
- The widest annual swing landed in 2016, when Rent Expense plunged 42.05%; it then soared 30.5% in 2017.
- A 5-year view of Rent Expense shows it stood at $2.8 million in 2014, then declined by 11.04% to $2.5 million in 2015, then tumbled by 42.05% to $1.4 million in 2016, then surged by 30.5% to $1.9 million in 2017, then slipped by 25.61% to $1.4 million in 2018.
- The last three Rent Expense figures came in at $1.4 million (Q4 2018), $1.5 million (Q3 2018), and $1.6 million (Q2 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | - |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 45.05 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | - |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | - |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | - |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | - |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 1.39 Mn |
| Dec 31, 2018 | 1.39 Mn |
| Sep 30, 2018 | 1.53 Mn |
| Sep 30, 2018 | 1.53 Mn |
| Jun 30, 2018 | 1.65 Mn |
| Jun 30, 2018 | 1.65 Mn |
| Mar 31, 2018 | 1.88 Mn |
| Mar 31, 2018 | 1.88 Mn |
| Dec 31, 2017 | 1.87 Mn |
| Dec 31, 2017 | 1.87 Mn |
| Sep 30, 2017 | 2.02 Mn |
| Sep 30, 2017 | 2.02 Mn |
| Jun 30, 2017 | 1.98 Mn |
| Jun 30, 2017 | 1.98 Mn |
| Mar 31, 2017 | 2.11 Mn |
| Mar 31, 2017 | 2.11 Mn |
| Dec 31, 2016 | 1.43 Mn |
| Dec 31, 2016 | 1.43 Mn |
| Sep 30, 2016 | 2.05 Mn |
| Sep 30, 2016 | 2.05 Mn |
| Jun 30, 2016 | 2.16 Mn |
| Jun 30, 2016 | 2.16 Mn |
| Mar 31, 2016 | 2.27 Mn |
| Mar 31, 2016 | 2.27 Mn |
| Dec 31, 2015 | 2.47 Mn |
| Dec 31, 2015 | 2.47 Mn |
| Sep 30, 2015 | 2.40 Mn |
| Sep 30, 2015 | 2.40 Mn |
| Jun 30, 2015 | 2.47 Mn |
| Jun 30, 2015 | 2.47 Mn |
| Mar 31, 2015 | 2.28 Mn |
| Mar 31, 2015 | 2.28 Mn |
| Dec 31, 2014 | 2.78 Mn |
| Dec 31, 2014 | 2.78 Mn |
| Sep 30, 2014 | 2.88 Mn |
| Sep 30, 2014 | 2.88 Mn |
| Jun 30, 2014 | 2.51 Mn |
| Jun 30, 2014 | 2.51 Mn |
| Mar 31, 2014 | 2.51 Mn |
| Mar 31, 2014 | 2.51 Mn |
| Dec 31, 2013 | 2.78 Mn |
| Dec 31, 2013 | 2.78 Mn |
| Sep 30, 2013 | 2.85 Mn |
| Sep 30, 2013 | 2.85 Mn |
| Jun 30, 2013 | 3.11 Mn |
| Jun 30, 2013 | 3.11 Mn |
| Mar 31, 2013 | 3.18 Mn |
| Mar 31, 2013 | 3.18 Mn |
| Dec 31, 2012 | 3.40 Mn |
| Dec 31, 2012 | 3.40 Mn |
| Sep 30, 2012 | 3.39 Mn |
| Sep 30, 2012 | 3.39 Mn |
| Jun 30, 2012 | 3.46 Mn |
| Jun 30, 2012 | 3.46 Mn |
| Mar 31, 2012 | 3.27 Mn |
| Mar 31, 2012 | 3.27 Mn |
| Dec 31, 2011 | 3.39 Mn |
| Dec 31, 2011 | 3.39 Mn |
| Sep 30, 2011 | 3.41 Mn |
| Sep 30, 2011 | 3.41 Mn |
| Jun 30, 2011 | 3.50 Mn |
| Jun 30, 2011 | 3.50 Mn |
| Mar 31, 2011 | 3.39 Mn |
| Mar 31, 2011 | 3.39 Mn |
| Dec 31, 2010 | 3.48 Mn |
| Dec 31, 2010 | 3.48 Mn |
| Sep 30, 2010 | 3.72 Mn |
| Sep 30, 2010 | 3.72 Mn |
| Jun 30, 2010 | 4.17 Mn |
| Jun 30, 2010 | 4.17 Mn |
| Mar 31, 2010 | 3.88 Mn |
| Mar 31, 2010 | 3.88 Mn |
| Dec 31, 2009 | 3.79 Mn |
| Dec 31, 2009 | 3.79 Mn |
| Sep 30, 2009 | 3.71 Mn |
| Sep 30, 2009 | 3.71 Mn |
| Jun 30, 2009 | 3.38 Mn |
| Jun 30, 2009 | 3.38 Mn |