Old Dominion Freight Line Inc
ODFLCompany Overview
Old Dominion Freight Line, Inc. engages in the provision of regional, inter-regional, and national less-than-truckload services through a single integrated, union-free organization. Its services include container drayage, truckload brokerage, and supply chain consulting. The company was founded by Earl Congdon Sr. and Lillian Congdon in 1934 and is headquartered in Thomasville, NC.
Country
US
Market Cap
$43.27B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.08%
passed
Liabilities Compliance
0.18%
passed
Final Shariah Status
Passed
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Old Dominion Freight Line Inc |
| Ticker | ODFL |
| Main Business | Trucking |
| Type | Common Stock |
| Industry | Trucking |
| Country | US |
| Market Cap | $43.27 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Less-than-truckload (LTL) services | $6,180.0 | $0.0 | - |
| Other services | $83.0 | $0.0 | - |
| Interest income | $4.9 | $4.9 | - |
| Total | $6,267.9 | $4.9 | 0.08% (passed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $20,000,000.0 | 0.05% |
| long term debt and capital lease obligation | $59,980,000.0 | 0.14% |
| Total Interest-Bearing Debt | $79,980,000.0 | 0.18% |
| Market Capitalization | $43,267,910,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |