Old Dominion Freight Stock Retained Earnings
| ODFL Stock | USD 165.22 4.09 2.54% |
Old Dominion Freight fundamentals help investors to digest information that contributes to Old Dominion's financial success or failures. It also enables traders to predict the movement of Old Stock. The fundamental analysis module provides a way to measure Old Dominion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Old Dominion stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 4 B | 4.2 B | |
| Retained Earnings Total Equity | 3.9 B | 2.1 B |
Old | Retained Earnings |
Old Dominion Freight Company Retained Earnings Analysis
Old Dominion's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Old Dominion Retained Earnings | 4 B |
Most of Old Dominion's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Old Dominion Freight is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Old Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Old Dominion is extremely important. It helps to project a fair market value of Old Stock properly, considering its historical fundamentals such as Retained Earnings. Since Old Dominion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Old Dominion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Old Dominion's interrelated accounts and indicators.
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Old Retained Earnings Historical Pattern
Today, most investors in Old Dominion Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Old Dominion's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Old Dominion retained earnings as a starting point in their analysis.
Old Dominion Retained Earnings |
| Timeline |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Old Dominion Freight has a Retained Earnings of 4 B. This is 61.4% lower than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The retained earnings for all United States stocks is 57.18% higher than that of the company.
Old Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Old Dominion's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Old Dominion could also be used in its relative valuation, which is a method of valuing Old Dominion by comparing valuation metrics of similar companies.Old Dominion is currently under evaluation in retained earnings category among its peers.
Old Dominion Current Valuation Drivers
We derive many important indicators used in calculating different scores of Old Dominion from analyzing Old Dominion's financial statements. These drivers represent accounts that assess Old Dominion's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Old Dominion's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 15.3B | 23.1B | 32.1B | 44.4B | 39.9B | 41.9B | |
| Enterprise Value | 15.0B | 22.8B | 32.0B | 44.1B | 39.7B | 41.7B |
Old Dominion ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Old Dominion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Old Dominion's managers, analysts, and investors.Environmental | Governance | Social |
Old Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.18 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 35.07 B | |||
| Shares Outstanding | 212.54 M | |||
| Shares Owned By Insiders | 10.17 % | |||
| Shares Owned By Institutions | 80.63 % | |||
| Number Of Shares Shorted | 9.79 M | |||
| Price To Earning | 46.55 X | |||
| Price To Book | 8.27 X | |||
| Price To Sales | 6.04 X | |||
| Revenue | 5.81 B | |||
| Gross Profit | 2.33 B | |||
| EBITDA | 1.9 B | |||
| Net Income | 1.19 B | |||
| Cash And Equivalents | 375.56 M | |||
| Cash Per Share | 3.37 X | |||
| Total Debt | 59.99 M | |||
| Debt To Equity | 0.03 % | |||
| Current Ratio | 1.74 X | |||
| Book Value Per Share | 19.93 X | |||
| Cash Flow From Operations | 1.66 B | |||
| Short Ratio | 5.56 X | |||
| Earnings Per Share | 5.49 X | |||
| Price To Earnings To Growth | 2.63 X | |||
| Target Price | 198.22 | |||
| Number Of Employees | 21.89 K | |||
| Beta | 1.11 | |||
| Market Capitalization | 35.12 B | |||
| Total Asset | 5.49 B | |||
| Retained Earnings | 4 B | |||
| Working Capital | 180.15 M | |||
| Current Asset | 381.73 M | |||
| Current Liabilities | 285.4 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 0.32 % | |||
| Net Asset | 5.49 B | |||
| Last Dividend Paid | 1.04 |
About Old Dominion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Old Dominion Freight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Old Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Old Dominion Freight based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.04 | Earnings Share 5.49 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.