Old Property Plant Equipment from 2010 to 2024

ODFL Stock  USD 175.70  3.56  2.07%   
Old Dominion Property Plant Equipment yearly trend continues to be quite stable with very little volatility. Property Plant Equipment may rise above about 4.5 B this year. From the period between 2010 and 2024, Old Dominion, Property Plant Equipment regression line of its data series had standard deviation of  1,177,426,107 and standard deviation of  1,177,426,107. View All Fundamentals
 
Property Plant Equipment  
First Reported
2000-03-31
Previous Quarter
3.8 B
Current Value
4.1 B
Quarterly Volatility
1.1 B
 
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 Dominion's 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 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.
  
Check out the analysis of Old Dominion Correlation against competitors.

Latest Old Dominion's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Old Dominion Freight over the last few years. It is Old Dominion's Property Plant Equipment 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.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Old Property Plant Equipment Regression Statistics

Arithmetic Mean2,459,736,254
Geometric Mean2,054,307,456
Coefficient Of Variation47.87
Mean Deviation935,289,604
Median2,404,459,000
Standard Deviation1,177,426,107
Sample Variance1386332.2T
Range4.3B
R-Value0.98
Mean Square Error45737.7T
R-Squared0.97
Slope259,216,277
Total Sum of Squares19408651.3T

Old Property Plant Equipment History

20244.5 B
20234.2 B
20223.7 B
20213.2 B
20202.9 B
2019B
20182.8 B

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 Property Plant Equipment, 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
Property Plant Equipment4.2 B4.5 B

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Old Dominion Freight using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Information and Resources on Investing in Old Stock

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.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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
0.039
Dividend Share
0.86
Earnings Share
5.67
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.