Old Dominion Freight Line (ODFL) Rent Expense (2009 - 2018)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "ODFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=ODFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();