Current Ratio
since 2005

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)

¹ US$ in thousands

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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 Parcel Service Inc.
Dec 31, 2022	1.76	1.43	1.04	0.72	1.22
Dec 31, 2021	2.98	1.51	0.98	0.62	1.42
Dec 31, 2020	3.33	1.58	1.44	1.01	1.19
Dec 31, 2019	2.37	1.45	2.47	0.79	1.11
Dec 31, 2018	1.98	1.39	—	0.90	1.15
Dec 31, 2017	1.67	1.59	—	1.02	1.22
Dec 31, 2016	1.33	1.50	—	0.99	1.18
Dec 31, 2015	1.34	1.84	—	1.29	1.23
Dec 31, 2014	1.69	1.82	—	1.24	1.37
Dec 31, 2013	1.43	1.96	—	1.05	1.88
Dec 31, 2012	1.22	1.69	—	1.16	1.86
Dec 31, 2011	1.62	1.70	—	1.12	1.89
Dec 31, 2010	1.31	1.57	—	1.16	1.96
Dec 31, 2009	1.18	1.57	—	1.37	1.49
Dec 31, 2008	1.47	1.35	—	0.98	1.13
Dec 31, 2007	1.69	1.22	—	0.85	1.20
Dec 31, 2006	2.11	1.18	—	0.68	1.40
Dec 31, 2005	1.35	1.11	—	0.69	1.62

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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	1.19
Dec 31, 2021	2.98	1.26
Dec 31, 2020	3.33	1.32
Dec 31, 2019	2.37	1.38
Dec 31, 2018	1.98	1.19
Dec 31, 2017	1.67	1.31
Dec 31, 2016	1.33	1.26
Dec 31, 2015	1.34	1.42
Dec 31, 2014	1.69	1.48
Dec 31, 2013	1.43	1.72
Dec 31, 2012	1.22	1.67
Dec 31, 2011	1.62	1.65
Dec 31, 2010	1.31	1.65
Dec 31, 2009	1.18	1.49
Dec 31, 2008	1.47	1.18
Dec 31, 2007	1.69	1.15
Dec 31, 2006	2.11	1.16
Dec 31, 2005	1.35	1.25

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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	1.21
Dec 31, 2021	2.98	1.30
Dec 31, 2020	3.33	1.42
Dec 31, 2019	2.37	1.19
Dec 31, 2018	1.98	1.17
Dec 31, 2017	1.67	1.29
Dec 31, 2016	1.33	1.27
Dec 31, 2015	1.34	1.28
Dec 31, 2014	1.69	1.31
Dec 31, 2013	1.43	1.38
Dec 31, 2012	1.22	1.35
Dec 31, 2011	1.62	1.33
Dec 31, 2010	1.31	1.32
Dec 31, 2009	1.18	1.26
Dec 31, 2008	1.47	1.09
Dec 31, 2007	1.69	1.09
Dec 31, 2006	2.11	1.07
Dec 31, 2005	1.35	1.06

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Old Dominion Freight Line Inc. (NASDAQ:ODFL)