ODFL
Old Dominion Freight Line, Inc. Industrials - Trucking Investor Relations →
Old Dominion Freight Line, Inc. (ODFL) closed at $183.92 as of 2026-03-20, trading 7.2% above its 200-week moving average of $171.56. The stock moved further from the line this week, up from 5.6% last week. The 14-week RSI sits at 63, indicating neutral momentum.
Trading volume is running at 1.3x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.98 ratio) is neutral — neither side is clearly dominating.
Over the past 1747 weeks of data, ODFL has crossed below its 200-week moving average 17 times. On average, these episodes lasted 24 weeks. Historically, investors who bought ODFL at the start of these episodes saw an average one-year return of +27.2%.
With a market cap of $38.5 billion, ODFL is a large-cap stock. The company generates a free cash flow yield of 2.1%. Return on equity stands at 23.9%, indicating strong profitability. The stock trades at 8.9x book value.
The company has been aggressively buying back shares, reducing its share count by 5.4% over the past three years. ODFL passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in ODFL would have grown to $22097, compared to $2683 for the S&P 500. That represents an annualized return of 17.6% vs 10.4% for the index — confirming ODFL as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 1.4% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ODFL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ODFL Crosses Below the Line?
Across 17 historical episodes, buying ODFL when it crossed below its 200-week moving average produced an average return of +23.1% after 12 months (median +22.0%), compared to +8.4% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +45.1% vs +23.9% for the index.
Each line shows $100 invested at the moment ODFL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ODFL has crossed below its 200-week MA 17 times with an average 1-year return of +27.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1992 | Oct 1992 | 1 | 3.1% | +19.4% | +28056.1% |
| May 1993 | Jul 1993 | 11 | 10.5% | +39.1% | +27176.2% |
| Jan 1994 | Feb 1994 | 2 | 4.9% | +2.2% | +25199.6% |
| Feb 1994 | Apr 1994 | 6 | 6.2% | +2.9% | +25199.6% |
| Nov 1994 | Jun 1997 | 137 | 53.0% | -28.0% | +26349.6% |
| Aug 1998 | Oct 1998 | 7 | 21.1% | +13.2% | +32837.2% |
| Oct 1998 | Jul 1999 | 36 | 17.2% | +0.5% | +34813.5% |
| Oct 1999 | Nov 2001 | 112 | 33.0% | -18.6% | +35893.3% |
| Dec 2001 | Dec 2001 | 1 | 3.2% | +132.7% | +37360.9% |
| Sep 2007 | Oct 2007 | 1 | 0.7% | +20.4% | +5294.6% |
| Oct 2007 | Jan 2008 | 14 | 15.8% | +16.8% | +5706.4% |
| Sep 2008 | Apr 2009 | 27 | 30.2% | +27.1% | +5433.1% |
| May 2009 | May 2009 | 1 | 4.8% | +33.2% | +4788.8% |
| Oct 2009 | Dec 2009 | 7 | 14.4% | +44.7% | +4636.6% |
| Jan 2010 | Feb 2010 | 5 | 8.4% | +75.3% | +4449.9% |
| Jan 2016 | Jan 2016 | 2 | 1.8% | +69.7% | +1005.2% |
| Mar 2025 | Jan 2026 | 43 | 21.9% | +12.0% | +14.0% |
| Average | 24 | — | +27.2% | — |
Frequently Asked Questions
Is ODFL below its 200-week moving average?
No. Old Dominion Freight Line, Inc. (ODFL) is currently 7.2% above its 200-week moving average of $171.56. It would need to fall to $171.56 to cross below the line.
What is ODFL's 200-week moving average price?
Old Dominion Freight Line, Inc.'s 200-week moving average is $171.56 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ODFL drops below its 200-week moving average?
ODFL has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +27.2%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is ODFL a good value right now?
Here's what our data says about ODFL as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 63. Free cash flow yield is 2.1%. Return on equity is 23.9%. Price-to-book is 8.9x. This is not a buy or sell recommendation — always do your own research.
How does ODFL compare to the S&P 500?
Over the past 33.2 years, $100 invested in ODFL would have grown to $22097, compared to $2683 for the S&P 500. That's 17.6% annualized vs 10.4% for the index. ODFL has outperformed the broader market over this period.
Does ODFL pay a dividend?
Yes. Old Dominion Freight Line, Inc. currently pays a dividend yield of 63.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20