Current Ratio
since 2005
Calculation
Old Dominion Freight Line Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 1.76 | = | 933,740) | ÷ | 529,793) |
| Dec 31, 2021 | 2.98 | = | 1,383,787) | ÷ | 464,234) |
| Dec 31, 2020 | 3.33 | = | 1,243,339) | ÷ | 373,130) |
| Dec 31, 2019 | 2.37 | = | 866,834) | ÷ | 366,085) |
| Dec 31, 2018 | 1.98 | = | 706,229) | ÷ | 356,732) |
| Dec 31, 2017 | 1.67 | = | 584,653) | ÷ | 351,049) |
| Dec 31, 2016 | 1.33 | = | 382,622) | ÷ | 288,636) |
| Dec 31, 2015 | 1.34 | = | 381,730) | ÷ | 285,402) |
| Dec 31, 2014 | 1.69 | = | 433,143) | ÷ | 255,638) |
| Dec 31, 2013 | 1.43 | = | 332,979) | ÷ | 232,122) |
| Dec 31, 2012 | 1.22 | = | 275,028) | ÷ | 225,139) |
| Dec 31, 2011 | 1.62 | = | 331,852) | ÷ | 204,810) |
| Dec 31, 2010 | 1.31 | = | 222,582) | ÷ | 170,046) |
| Dec 31, 2009 | 1.18 | = | 174,175) | ÷ | 148,125) |
| Dec 31, 2008 | 1.47 | = | 209,230) | ÷ | 142,190) |
| Dec 31, 2007 | 1.69 | = | 216,277) | ÷ | 127,723) |
| Dec 31, 2006 | 2.11 | = | 256,367) | ÷ | 121,546) |
| Dec 31, 2005 | 1.35 | = | 150,213) | ÷ | 111,028) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Old Dominion Freight Line Inc., current ratio, long-term trends, comparison to competitors
| Old Dominion Freight Line Inc. | FedEx Corp. | Uber Technologies Inc. | Union Pacific Corp. | United Airlines Holdings Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2022 | 1.76 | 1.43 | 1.04 | 0.72 | 1.00 | 1.22 |
| Dec 31, 2021 | 2.98 | 1.51 | 0.98 | 0.62 | 1.19 | 1.42 |
| Dec 31, 2020 | 3.33 | 1.58 | 1.44 | 1.01 | 1.16 | 1.19 |
| Dec 31, 2019 | 2.37 | 1.45 | 2.47 | 0.79 | 0.55 | 1.11 |
| Dec 31, 2018 | 1.98 | 1.39 | — | 0.90 | 0.54 | 1.15 |
| Dec 31, 2017 | 1.67 | 1.59 | — | 1.02 | 0.56 | 1.22 |
| Dec 31, 2016 | 1.33 | 1.50 | — | 0.99 | 0.59 | 1.18 |
| Dec 31, 2015 | 1.34 | 1.84 | — | 1.29 | 0.63 | 1.23 |
| Dec 31, 2014 | 1.69 | 1.82 | — | 1.24 | 0.65 | 1.37 |
| Dec 31, 2013 | 1.43 | 1.96 | — | 1.05 | 0.72 | 1.88 |
| Dec 31, 2012 | 1.22 | 1.69 | — | 1.16 | 0.78 | 1.86 |
| Dec 31, 2011 | 1.62 | 1.70 | — | 1.12 | 0.97 | 1.89 |
| Dec 31, 2010 | 1.31 | 1.57 | — | 1.16 | 0.95 | 1.96 |
| Dec 31, 2009 | 1.18 | 1.57 | — | 1.37 | 0.79 | 1.49 |
| Dec 31, 2008 | 1.47 | 1.35 | — | 0.98 | 0.67 | 1.13 |
| Dec 31, 2007 | 1.69 | 1.22 | — | 0.85 | 0.76 | 1.20 |
| Dec 31, 2006 | 2.11 | 1.18 | — | 0.68 | 0.79 | 1.40 |
| Dec 31, 2005 | 1.35 | 1.11 | — | 0.69 | 0.81 | 1.62 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Transportation)
Old Dominion Freight Line Inc., current ratio, long-term trends, comparison to sector (transportation)
| Old Dominion Freight Line Inc. | Transportation | |
|---|---|---|
| Dec 31, 2022 | 1.76 | 1.14 |
| Dec 31, 2021 | 2.98 | 1.24 |
| Dec 31, 2020 | 3.33 | 1.28 |
| Dec 31, 2019 | 2.37 | 1.13 |
| Dec 31, 2018 | 1.98 | 0.98 |
| Dec 31, 2017 | 1.67 | 1.06 |
| Dec 31, 2016 | 1.33 | 1.03 |
| Dec 31, 2015 | 1.34 | 1.12 |
| Dec 31, 2014 | 1.69 | 1.14 |
| Dec 31, 2013 | 1.43 | 1.30 |
| Dec 31, 2012 | 1.22 | 1.29 |
| Dec 31, 2011 | 1.62 | 1.35 |
| Dec 31, 2010 | 1.31 | 1.31 |
| Dec 31, 2009 | 1.18 | 1.26 |
| Dec 31, 2008 | 1.47 | 1.02 |
| Dec 31, 2007 | 1.69 | 1.03 |
| Dec 31, 2006 | 2.11 | 1.04 |
| Dec 31, 2005 | 1.35 | 1.13 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Old Dominion Freight Line Inc., current ratio, long-term trends, comparison to industry (industrials)
| Old Dominion Freight Line Inc. | Industrials | |
|---|---|---|
| Dec 31, 2022 | 1.76 | 1.20 |
| Dec 31, 2021 | 2.98 | 1.29 |
| Dec 31, 2020 | 3.33 | 1.41 |
| Dec 31, 2019 | 2.37 | 1.16 |
| Dec 31, 2018 | 1.98 | 1.13 |
| Dec 31, 2017 | 1.67 | 1.24 |
| Dec 31, 2016 | 1.33 | 1.22 |
| Dec 31, 2015 | 1.34 | 1.24 |
| Dec 31, 2014 | 1.69 | 1.26 |
| Dec 31, 2013 | 1.43 | 1.33 |
| Dec 31, 2012 | 1.22 | 1.30 |
| Dec 31, 2011 | 1.62 | 1.30 |
| Dec 31, 2010 | 1.31 | 1.28 |
| Dec 31, 2009 | 1.18 | 1.23 |
| Dec 31, 2008 | 1.47 | 1.06 |
| Dec 31, 2007 | 1.69 | 1.07 |
| Dec 31, 2006 | 2.11 | 1.05 |
| Dec 31, 2005 | 1.35 | 1.05 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).