ODFL vs. JBHT
ODFL (Old Dominion Freight Line, Inc.) and JBHT (J.B. Hunt Transport Services, Inc.) are both stocks. Both are in the Industrials sector — ODFL in Trucking, JBHT in Integrated Freight & Logistics. Over the past 10 years, ODFL returned 25.47%/yr vs 13.85%/yr for JBHT. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
ODFL vs. JBHT - Performance Comparison
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Returns By Period
In the year-to-date period, ODFL achieves a 35.65% return, which is significantly lower than JBHT's 40.37% return. Over the past 10 years, ODFL has outperformed JBHT with an annualized return of 25.47%, while JBHT has yielded a comparatively lower 13.85% annualized return.
ODFL
- 1D
- -0.16%
- 1M
- -2.53%
- 6M
- 22.81%
- YTD
- 35.65%
- 1Y
- 50.53%
- 3Y*
- 1.50%
- 5Y*
- 10.08%
- 10Y*
- 25.47%
- ALL TIME*
- 18.57%
JBHT
- 1D
- 0.94%
- 1M
- -4.93%
- 6M
- 34.57%
- YTD
- 40.37%
- 1Y
- 96.60%
- 3Y*
- 11.13%
- 5Y*
- 11.06%
- 10Y*
- 13.85%
- ALL TIME*
- 13.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $300.12M | $310.48M | $284.80M | |
| $417.48M | $372.69M | $412.56M |
ODFL vs. JBHT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ODFL Old Dominion Freight Line, Inc. | 35.65% | -10.47% | -12.51% | 43.46% | -20.48% | 84.15% | 54.81% | 54.36% | -5.79% | 54.11% |
JBHT J.B. Hunt Transport Services, Inc. | 40.37% | 15.20% | -13.75% | 15.59% | -13.92% | 50.64% | 18.11% | 26.77% | -18.41% | 19.60% |
Correlation
The correlation between ODFL and JBHT is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 1991 | 0.41 |
Over the past year, ODFL and JBHT have become more correlated (0.79) than their long-term average of 0.41, meaning their price movements have been converging.
Fundamentals
ODFL:
$44.12B
JBHT:
$25.52B
ODFL:
$5.19
JBHT:
$7.02
ODFL:
40.84
JBHT:
38.68
ODFL:
7.94
JBHT:
2.05
ODFL:
9.74
JBHT:
7.06
ODFL:
$5.60B
JBHT:
$12.70B
ODFL:
$2.79B
JBHT:
$2.07B
ODFL:
$1.73B
JBHT:
$1.64B
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Return for Risk
ODFL vs. JBHT — Risk / Return Rank
ODFL
JBHT
ODFL vs. JBHT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and J.B. Hunt Transport Services, Inc. (JBHT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ODFL | JBHT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.43 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 5.73 | -3.62 |
| Martin ratioReturn relative to average drawdown | 4.79 | 16.94 | -12.15 |
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Drawdowns
ODFL vs. JBHT - Drawdown Comparison
The maximum ODFL drawdown since its inception was -66.29%, smaller than the maximum JBHT drawdown of -71.55%. Use the drawdown chart below to compare losses from any high point for ODFL and JBHT.
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Drawdown Indicators
| ODFL | JBHT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.29% | -71.55% | +5.26% |
Max Drawdown (1Y)Largest decline over 1 year | -20.49% | -15.87% | -4.62% |
Max Drawdown (3Y)Largest decline over 3 years | -45.18% | -42.41% | -2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -45.18% | -42.41% | -2.77% |
Max Drawdown (10Y)Largest decline over 10 years | -45.18% | -42.41% | -2.77% |
Current DrawdownCurrent decline from peak | -14.71% | -8.93% | -5.78% |
Average DrawdownAverage peak-to-trough decline | -19.05% | -18.49% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.02% | 5.37% | +3.65% |
Volatility
ODFL vs. JBHT - Volatility Comparison
The current volatility for Old Dominion Freight Line, Inc. (ODFL) is 9.77%, while J.B. Hunt Transport Services, Inc. (JBHT) has a volatility of 10.38%. This indicates that ODFL experiences smaller price fluctuations and is considered to be less risky than JBHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ODFL | JBHT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 10.38% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 30.35% | 24.98% | +5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.61% | 38.70% | -0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.74% | 32.27% | +4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.20% | 30.02% | +3.18% |
Dividends
ODFL vs. JBHT - Dividend Comparison
ODFL's dividend yield for the trailing twelve months is around 0.54%, less than JBHT's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JBHT J.B. Hunt Transport Services, Inc. | 0.66% | 0.91% | 1.01% | 0.84% | 0.92% | 0.58% | 0.79% | 0.89% | 1.03% | 0.80% | 0.91% | 1.15% |
ODFL Old Dominion Freight Line, Inc. | 0.54% | 0.71% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.42% | 0.38% | 0.00% | 0.00% |
Financials
ODFL vs. JBHT - Financials Comparison
This section allows you to compare key financial metrics between Old Dominion Freight Line, Inc. and J.B. Hunt Transport Services, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ODFL vs. JBHT - Profitability Comparison
ODFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported a gross profit of 1.55B and revenue of 1.55B. Therefore, the gross margin over that period was 100.0%.
JBHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, J.B. Hunt Transport Services, Inc. reported a gross profit of 354.18M and revenue of 3.50B. Therefore, the gross margin over that period was 10.1%.
ODFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported an operating income of 474.61M and revenue of 1.55B, resulting in an operating margin of 30.5%.
JBHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, J.B. Hunt Transport Services, Inc. reported an operating income of 259.45M and revenue of 3.50B, resulting in an operating margin of 7.4%.
ODFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported a net income of 350.60M and revenue of 1.55B, resulting in a net margin of 22.6%.
JBHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, J.B. Hunt Transport Services, Inc. reported a net income of 181.03M and revenue of 3.50B, resulting in a net margin of 5.2%.
Frequently Asked Questions
ODFL and JBHT have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JBHT has higher volatility (10.38%) compared to ODFL (9.77%). In terms of maximum drawdown, ODFL dropped -66.29% vs JBHT's -71.55%.
JBHT currently has the higher Sharpe Ratio (2.35 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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