SAIA vs. ODFL
SAIA (Saia, Inc.) and ODFL (Old Dominion Freight Line, Inc.) are both stocks. Both operate in the Trucking industry within the Industrials sector. Over the past 10 years, SAIA returned 28.28%/yr vs 25.47%/yr for ODFL. Their 0.62 correlation means they have sometimes moved together and sometimes differently.
Performance
SAIA vs. ODFL - Performance Comparison
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Returns By Period
In the year-to-date period, SAIA achieves a 6.47% return, which is significantly lower than ODFL's 35.65% return. Over the past 10 years, SAIA has outperformed ODFL with an annualized return of 28.28%, while ODFL has yielded a comparatively lower 25.47% annualized return.
SAIA
- 1D
- -0.86%
- 1M
- -16.57%
- 6M
- 3.81%
- YTD
- 6.47%
- 1Y
- 18.61%
- 3Y*
- -6.52%
- 5Y*
- 8.99%
- 10Y*
- 28.28%
- ALL TIME*
- 16.18%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $417.48M | $372.69M | $412.56M | |
SAIA Saia, Inc. | $206.79M | $192.75M | $185.37M |
SAIA vs. ODFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAIA Saia, Inc. | 6.47% | -28.35% | 4.00% | 108.99% | -37.79% | 86.41% | 94.16% | 66.82% | -21.10% | 60.25% |
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% |
Correlation
The correlation between SAIA and ODFL is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2002 | 0.62 |
Over the past year, SAIA and ODFL have become more correlated (0.82) than their long-term average of 0.62, meaning their price movements have been converging.
Fundamentals
SAIA:
$9.27B
ODFL:
$44.12B
SAIA:
$10.37
ODFL:
$5.19
SAIA:
33.52
ODFL:
40.84
SAIA:
12.09
ODFL:
11.01
SAIA:
2.75
ODFL:
7.94
SAIA:
3.42
ODFL:
9.74
SAIA:
$3.39B
ODFL:
$5.60B
SAIA:
$1.37B
ODFL:
$2.79B
SAIA:
$632.34M
ODFL:
$1.73B
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Return for Risk
SAIA vs. ODFL — Risk / Return Rank
SAIA
ODFL
SAIA vs. ODFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Saia, Inc. (SAIA) and Old Dominion Freight Line, Inc. (ODFL). 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.
| SAIA | ODFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.21 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 2.11 | -1.59 |
| Martin ratioReturn relative to average drawdown | 1.53 | 4.79 | -3.26 |
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Drawdowns
SAIA vs. ODFL - Drawdown Comparison
The maximum SAIA drawdown since its inception was -80.35%, which is greater than ODFL's maximum drawdown of -66.29%. Use the drawdown chart below to compare losses from any high point for SAIA and ODFL.
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Drawdown Indicators
| SAIA | ODFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.35% | -66.29% | -14.06% |
Max Drawdown (1Y)Largest decline over 1 year | -28.64% | -20.49% | -8.15% |
Max Drawdown (3Y)Largest decline over 3 years | -60.94% | -45.18% | -15.76% |
Max Drawdown (5Y)Largest decline over 5 years | -60.94% | -45.18% | -15.76% |
Max Drawdown (10Y)Largest decline over 10 years | -60.94% | -45.18% | -15.76% |
Current DrawdownCurrent decline from peak | -42.63% | -14.71% | -27.92% |
Average DrawdownAverage peak-to-trough decline | -28.96% | -19.05% | -9.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.87% | 9.02% | +0.85% |
Volatility
SAIA vs. ODFL - Volatility Comparison
Saia, Inc. (SAIA) has a higher volatility of 14.55% compared to Old Dominion Freight Line, Inc. (ODFL) at 9.77%. This indicates that SAIA's price experiences larger fluctuations and is considered to be riskier than ODFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAIA | ODFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.55% | 9.77% | +4.78% |
Volatility (6M)Calculated over the trailing 6-month period | 37.05% | 30.35% | +6.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.48% | 38.61% | +9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.63% | 36.74% | +14.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.73% | 33.20% | +12.53% |
Dividends
SAIA vs. ODFL - Dividend Comparison
SAIA has not paid dividends to shareholders, while ODFL's dividend yield for the trailing twelve months is around 0.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
SAIA Saia, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SAIA vs. ODFL - Financials Comparison
This section allows you to compare key financial metrics between Saia, Inc. and Old Dominion Freight Line, 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
SAIA vs. ODFL - Profitability Comparison
SAIA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Saia, Inc. reported a gross profit of 871.51M and revenue of 956.49M. Therefore, the gross margin over that period was 91.1%.
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%.
SAIA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Saia, Inc. reported an operating income of 125.21M and revenue of 956.49M, resulting in an operating margin of 13.1%.
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%.
SAIA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Saia, Inc. reported a net income of 94.26M and revenue of 956.49M, resulting in a net margin of 9.9%.
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%.
Frequently Asked Questions
SAIA and ODFL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAIA has higher volatility (14.55%) compared to ODFL (9.77%). In terms of maximum drawdown, SAIA dropped -80.35% vs ODFL's -66.29%.
ODFL currently has the higher Sharpe Ratio (1.12 vs 0.31), 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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