Old Income Before Tax from 2010 to 2024

ODFL Stock  USD 173.06  1.49  0.87%   
Old Dominion Income Before Tax yearly trend continues to be quite stable with very little volatility. Income Before Tax may rise above about 1.7 B this year. From the period between 2010 and 2024, Old Dominion, Income Before Tax regression line of its data series had standard deviation of  648,704,739 and standard deviation of  648,704,739. View All Fundamentals
 
Income Before Tax  
First Reported
1992-03-31
Previous Quarter
425.3 M
Current Value
392.9 M
Quarterly Volatility
126 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Old Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Old main balance sheet or income statement drivers, such as Interest Expense of 440.8 K, Total Revenue of 6.2 B or Gross Profit of 2.1 B, as well as many exotic indicators such as Price To Sales Ratio of 7.94, Dividend Yield of 0.0048 or PTB Ratio of 10.94. Old financial statements analysis is a perfect complement when working with Old Dominion Valuation or Volatility modules.
  
This module can also supplement Old Dominion's financial leverage analysis and stock options assessment as well as various Old Dominion Technical models . Check out the analysis of Old Dominion Correlation against competitors.

Latest Old Dominion's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Old Dominion Freight over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Old Dominion income statement and is an important metric when analyzing Old Dominion Freight profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Old Dominion's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Old Dominion's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Old Income Before Tax Regression Statistics

Arithmetic Mean864,930,453
Geometric Mean546,508,913
Coefficient Of Variation75.00
Mean Deviation554,779,077
Median575,832,000
Standard Deviation648,704,739
Sample Variance420817.8T
Range1.8B
R-Value0.95
Mean Square Error45423.3T
R-Squared0.90
Slope137,593,427
Total Sum of Squares5891449.7T

Old Income Before Tax History

20241.7 B
20231.6 B
20211.8 B
20201.4 B
2019901.4 M
2018815.5 M
2017575.8 M

About Old Dominion Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Old Dominion income statement, its balance sheet, and the statement of cash flows. Old Dominion investors use historical funamental indicators, such as Old Dominion's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Old Dominion investors may use each financial statement separately, they are all related. The changes in Old Dominion's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Old Dominion's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Old Dominion Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Old Dominion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax1.6 B1.7 B

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out the analysis of Old Dominion Correlation against competitors.
Note that the Old Dominion Freight information on this page should be used as a complementary analysis to other Old Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Old Dominion's price analysis, check to measure Old Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Old Dominion is operating at the current time. Most of Old Dominion's value examination focuses on studying past and present price action to predict the probability of Old Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Old Dominion's price. Additionally, you may evaluate how the addition of Old Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Old Dominion's industry 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
0.039
Dividend Share
0.86
Earnings Share
5.68
Revenue Per Share
26.959
Quarterly Revenue Growth
0.012
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.