Old Dominion Freight Line (ODFL) Short-term Investments (2020 - 2024)
Old Dominion Freight Line's (ODFL) quarterly Short-term Investments came in at $30.3 million in Q2 2024, up 22.03% on a QoQ basis from $24.8 million in Q1 2023.
Old Dominion Freight Line (ODFL) Short-term Investments (2020 - 2024) Analysis & Trends
Old Dominion Freight Line (ODFL) has 5 years of Short-term Investments data on file, last reported at $30.3 million in Q2 2024.
- Quarterly Short-term Investments changed N/A year-over-year to $30.3 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $30.3 million (changed N/A YoY) and the FY2022 annual result came in at $49.4 million, down 80.6% from the prior year.
- Short-term Investments improved to $30.3 million in Q2 2024, from $24.8 million in the prior quarter.
- In the past five years, Short-term Investments ranged from a high of $330.3 million in Q4 2020 to a low of $24.8 million in Q1 2023.
- A 5-year average of $188.1 million and a median of $214.8 million in 2020 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2022 — Short-term Investments soared 35.79% — and 2023, when it tumbled 91.11%.
- Tracing ODFL's Short-term Investments over 5 years: stood at $330.3 million in 2020, then declined by 22.96% to $254.4 million in 2021, then plunged by 80.6% to $49.4 million in 2022, then slumped by 49.74% to $24.8 million in 2023, then increased by 22.03% to $30.3 million in 2024.
- The last three Short-term Investments figures came in at $30.3 million (Q2 2024), $24.8 million (Q1 2023), and $49.4 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, 2024 | 30.27 Mn |
| Mar 31, 2023 | 24.81 Mn |
| Dec 31, 2022 | 49.36 Mn |
| Sep 30, 2022 | 158.83 Mn |
| Jun 30, 2022 | 224.39 Mn |
| Mar 31, 2022 | 279.18 Mn |
| Dec 31, 2021 | 254.43 Mn |
| Sep 30, 2021 | 224.90 Mn |
| Jun 30, 2021 | 165.25 Mn |
| Mar 31, 2021 | 310.19 Mn |
| Dec 31, 2020 | 330.27 Mn |
| Sep 30, 2020 | 205.29 Mn |