Old Dominion Freight Line Debt-to-Equity Ratio Growth & History (ODFL)
Old Dominion Freight Line's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Old Dominion Freight Line company overviewOld Dominion Freight Line annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | −0.01 | −17.24% |
| 2024 | 2024-12-31 | 0.04 | −0.01 | −15.74% |
| 2023 | 2023-12-31 | 0.05 | −0.01 | −13.25% |
| 2022 | 2022-12-31 | 0.05 | −0.00 | −1.56% |
| 2021 | 2021-12-31 | 0.06 | −0.01 | −11.15% |
| 2020 | 2020-12-31 | 0.06 | 0.03 | +71.32% |
| 2019 | 2019-12-31 | 0.04 | 0.02 | +115.59% |
| 2018 | 2018-12-31 | 0.02 | −0.02 | −59.76% |
| 2017 | 2017-12-31 | 0.04 | −0.01 | −26.42% |
| 2016 | 2016-12-31 | 0.06 | −0.02 | −28.60% |
| 2015 | 2015-12-31 | 0.08 | −0.02 | −23.79% |
| 2014 | 2014-12-31 | 0.10 | −0.05 | −32.92% |
| 2013 | 2013-12-31 | 0.16 | −0.08 | −33.69% |
| 2012 | 2012-12-31 | 0.23 | −0.08 | −25.44% |
| 2011 | 2011-12-31 | 0.31 | −0.09 | −22.52% |
| 2010 | 2010-12-31 | 0.41 | −0.05 | −10.53% |
| 2009 | 2009-12-31 | 0.45 | — | — |
Old Dominion Freight Line quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.00 | −0.04 | −89.06% |
| Q1 2026 | 2026-03-31 | 0.01 | −0.01 | −35.82% |
| Q4 2025 | 2025-12-31 | 0.03 | −0.01 | −17.24% |
| Q3 2025 | 2025-09-30 | 0.02 | 0.01 | +38.78% |
| Q2 2025 | 2025-06-30 | 0.04 | 0.03 | +175.45% |
| Q1 2025 | 2025-03-31 | 0.01 | −0.00 | −22.05% |
| Q4 2024 | 2024-12-31 | 0.04 | −0.01 | −15.74% |
| Q3 2024 | 2024-09-30 | 0.01 | −0.01 | −27.02% |
| Q2 2024 | 2024-06-30 | 0.01 | −0.01 | −30.10% |
| Q1 2024 | 2024-03-31 | 0.02 | −0.01 | −31.90% |
| Q4 2023 | 2023-12-31 | 0.05 | −0.01 | −13.25% |
| Q3 2023 | 2023-09-30 | 0.02 | −0.01 | −29.94% |
| Q2 2023 | 2023-06-30 | 0.02 | −0.01 | −25.76% |
| Q1 2023 | 2023-03-31 | 0.03 | −0.00 | −6.48% |
| Q4 2022 | 2022-12-31 | 0.05 | −0.00 | −1.56% |
| Q3 2022 | 2022-09-30 | 0.03 | −0.00 | −3.87% |
| Q2 2022 | 2022-06-30 | 0.03 | −0.00 | −4.30% |
| Q1 2022 | 2022-03-31 | 0.03 | −0.00 | −8.87% |
| Q4 2021 | 2021-12-31 | 0.06 | −0.01 | −11.15% |
| Q3 2021 | 2021-09-30 | 0.03 | −0.05 | −62.44% |
| Q2 2021 | 2021-06-30 | 0.03 | −0.02 | −39.55% |
| Q1 2021 | 2021-03-31 | 0.03 | 0.02 | +109.84% |
| Q4 2020 | 2020-12-31 | 0.06 | 0.03 | +71.32% |
| Q3 2020 | 2020-09-30 | 0.08 | 0.04 | +99.37% |
| Q2 2020 | 2020-06-30 | 0.05 | 0.01 | +19.87% |
| Q1 2020 | 2020-03-31 | 0.01 | −0.03 | −63.73% |
| Q4 2019 | 2019-12-31 | 0.04 | 0.02 | +115.59% |
| Q3 2019 | 2019-09-30 | 0.04 | 0.02 | +126.96% |
| Q2 2019 | 2019-06-30 | 0.04 | 0.02 | +123.59% |
| Q1 2019 | 2019-03-31 | 0.04 | 0.02 | +115.60% |
| Q4 2018 | 2018-12-31 | 0.02 | −0.02 | −59.76% |
| Q3 2018 | 2018-09-30 | 0.02 | −0.03 | −62.22% |
| Q2 2018 | 2018-06-30 | 0.02 | −0.03 | −61.96% |
| Q1 2018 | 2018-03-31 | 0.02 | −0.03 | −61.66% |
| Q4 2017 | 2017-12-31 | 0.04 | −0.01 | −26.42% |
| Q3 2017 | 2017-09-30 | 0.05 | −0.06 | −57.73% |
| Q2 2017 | 2017-06-30 | 0.05 | −0.08 | −61.97% |
| Q1 2017 | 2017-03-31 | 0.05 | −0.02 | −32.50% |
| Q4 2016 | 2016-12-31 | 0.06 | −0.02 | −28.60% |
| Q3 2016 | 2016-09-30 | 0.11 | −0.00 | −4.30% |
| Q2 2016 | 2016-06-30 | 0.13 | 0.03 | +37.03% |
| Q1 2016 | 2016-03-31 | 0.07 | −0.02 | −23.43% |
| Q4 2015 | 2015-12-31 | 0.08 | −0.02 | −23.79% |
| Q3 2015 | 2015-09-30 | 0.11 | −0.02 | −12.52% |
| Q2 2015 | 2015-06-30 | 0.09 | −0.06 | −38.08% |
| Q1 2015 | 2015-03-31 | 0.10 | −0.05 | −31.93% |
| Q4 2014 | 2014-12-31 | 0.10 | −0.05 | −32.92% |
| Q3 2014 | 2014-09-30 | 0.13 | −0.05 | −26.05% |
| Q2 2014 | 2014-06-30 | 0.15 | −0.06 | −27.37% |
| Q1 2014 | 2014-03-31 | 0.14 | −0.06 | −31.24% |
| Q4 2013 | 2013-12-31 | 0.16 | −0.08 | −33.69% |
| Q3 2013 | 2013-09-30 | 0.17 | −0.11 | −39.33% |
| Q2 2013 | 2013-06-30 | 0.20 | −0.08 | −28.98% |
| Q1 2013 | 2013-03-31 | 0.21 | −0.09 | −29.30% |
| Q4 2012 | 2012-12-31 | 0.23 | −0.08 | −25.44% |
| Q3 2012 | 2012-09-30 | 0.29 | −0.04 | −11.48% |
| Q2 2012 | 2012-06-30 | 0.29 | −0.05 | −15.98% |
| Q1 2012 | 2012-03-31 | 0.29 | −0.05 | −14.79% |
| Q4 2011 | 2011-12-31 | 0.31 | −0.09 | −22.52% |
| Q3 2011 | 2011-09-30 | 0.32 | 0.06 | +24.66% |
| Q2 2011 | 2011-06-30 | 0.34 | −0.06 | −15.87% |
| Q1 2011 | 2011-03-31 | 0.34 | — | — |
| Q4 2010 | 2010-12-31 | 0.41 | −0.05 | −10.53% |
| Q3 2010 | 2010-09-30 | 0.26 | — | — |
| Q2 2010 | 2010-06-30 | 0.41 | — | — |
| Q4 2009 | 2009-12-31 | 0.45 | — | — |
Old Dominion Freight Line debt-to-equity ratio trends
Over the last five fiscal years, Old Dominion Freight Line's debt-to-equity ratio decreased from 0.06 to 0.03, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.00.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Old Dominion Freight Line source filings ↗