Old Dominion Freight Line (ODFL) Short-term Investments (2020 - 2024)

Old Dominion Freight Line (ODFL) posted Short-term Investments of $30.3 million for Q2 2024, up 22.03% quarter-over-quarter 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 reported Short-term Investments for 5 consecutive years, with $30.3 million the latest figure, recorded in Q2 2024.

  • Short-term Investments for Q2 2024 came in at $30.3 million, changed N/A year-over-year; the trailing twelve-month figure through Jun 2024 was $30.3 million (changed N/A YoY), and the FY2022 annual result was $49.4 million, down 80.6% from the prior year.
  • Short-term Investments was $30.3 million for Q2 2024 at Old Dominion Freight Line, up from $24.8 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $330.3 million in Q4 2020 and troughed at $24.8 million in Q1 2023.
  • Average Short-term Investments over 5 years is $188.1 million, with a median of $214.8 million recorded in 2020.
  • Year-over-year, Short-term Investments surged 35.79% in 2022 and sank 91.11% in 2023.
  • Over 5 years, Short-term Investments stood at $330.3 million in 2020, then decreased by 22.96% to $254.4 million in 2021, then tumbled by 80.6% to $49.4 million in 2022, then sank by 49.74% to $24.8 million in 2023, then advanced by 22.03% to $30.3 million in 2024.
  • Per Business Quant data, the three most recent Short-term Investments figures were $30.3 million in Q2 2024, $24.8 million in Q1 2023, and $49.4 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn
5 Saia 11.19 Bn 11.15 Bn -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn
10 Marten Transport 1.42 Bn 1.37 Bn 203.18 Mn

Historic Data

Download Data
DateValue
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