Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 15 years by 19.19% on an annualized basis producing an average annual return of 26.38%. Currently, Old Dominion Freight Line has a market capitalization of $33.34 billion.
Buying $1000 In ODFL: If an investor had bought $1000 of ODFL stock 15 years ago, it would be worth $32,655.40 today based on a price of $293.56 for ODFL at the time of writing.
Old Dominion Freight Line’s Performance Over Last 15 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.