Old Dominion Freight Line, Inc. ODFL

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
91/100
Strong

About Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the company operates fleet maintenance centers. As of December 31, … Full ODFL analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 33.0% (top 0%) and operating margin at 24.8% (top 0%) indicate strong pricing power.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 1.00), demonstrating pricing resilience across cycles.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Strong
100

Where ODFL ranks in Trucking

Old Dominion Freight Line, Inc. ranks #1 of 17 scored companies in Trucking by moat score — the top 6%. That makes it the widest moat in the group.

Moat scores for companies ranked near ODFL in Trucking
# Company Moat score Rating
1 Old Dominion Freight Line, Inc. ODFL 91/100 Strong
2 Saia, Inc. SAIA 86/100 Strong
3 XPO, Inc. XPO 75/100 Strong
4 TFI International Inc. TFII 60/100 Moderate
5 Schneider National, Inc. SNDR 58/100 Moderate
6 Marten Transport, Ltd. MRTN 54/100 Moderate
7 ArcBest Corporation ARCB 51/100 Moderate
8 Knight-Swift Transportation Hol KNX 51/100 Moderate
9 Werner Enterprises, Inc. WERN 49/100 Developing

See every General Corporate company ranked by moat score →

How ODFL scores on the Corporate Default defenses

Pricing Power

Score 100 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 86 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 71 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 100 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 88 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 96 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding ODFL's moat

What is Old Dominion Freight Line, Inc.'s moat score?

Old Dominion Freight Line, Inc. (ODFL) scores 91 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #1 of 17 scored companies in Trucking, the top 6%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 16 companies in Trucking. Its strongest defense is Pricing Power (100/100) and its weakest is Customer Stickiness (71/100).

How does Old Dominion Freight Line, Inc. compare with other Trucking companies?

Old Dominion Freight Line, Inc. ranks #1 of 17 scored companies in Trucking by moat score. That is the widest moat in Trucking. The companies ranked closest are Saia, Inc. (SAIA) at 86 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 16 companies in Trucking. The defenses are then weighted to produce the overall score out of 100.

Why is Old Dominion Freight Line, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Old Dominion Freight Line, Inc.?

The Corporate Default template measures 6 defenses, and ODFL scores: Pricing Power (100), Cost Advantage (86), Customer Stickiness (71), Capital Efficiency (100), Resilience (88), Scale & Market Position (96). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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