Old Dominion Freight Line, Inc. is a less-than-truckload (LTL) motor carriers. Co. provides regional, inter-regional and national LTL services through a single integrated, union-free organization. Its service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental U.S.. It offers a range of value-added services including container drayage, truckload brokerage, and supply chain consulting. It operates approximately 257 service center locations, of which the Co. owns 233 and leases 24. Its service centers are responsible for the pickup and delivery of freight within their local service area. The ODFL YTD return is shown above.
The YTD Return on the ODFL YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ODFL YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ODFL YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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