Return On Equity ratio Analysis of Old Dominion Freight Line Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
29.11
Period Ending - Dec-22
Very Good ROE
37.70
Growth
-22.78 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
30.71
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
6.64
ROE Analysis of Old Dominion Freight Line Inc
| ROE Ratio of Old Dominion Freight Line Inc with value of 30.71 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of ODFL drastically fell by -22.78 % this year. |
| ROE Ratio with value of 37.70 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 19.98 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of 29.11 is Greater than Average ROE of 27.02 in last five years. |
Other ROE Related Info of ODFL that may interest you.
Old Dominion Freight Line Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ODFL | 172.74 | 172.91 | 0.098 % | Trucking |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Old Dominion Freight Line Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 29.11 | 37.70 | 28.11 | 20.22 | 19.98 | 22.60 | 20.37 |
| Change | -22.78 % | 34.12 % | 39.00 % | 1.22 % | -11.58 % | 10.93 % | 27.49 % |
FY Chart of Return On Equity of Old Dominion Freight Line Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)