Is Old Dominion (ODFL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 0.3% / 30% | 1.2% / 30% | 0.08% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 0.3% / 33% | 1.2% / 33% | 0.08% / 5% | ✓ HALAL |
| MSCI | 0.7% / 33% | 2.2% / 33% | 9.0% / 33% | 0.08% / 5% | ✓ HALAL |
| S&P | 0.1% / 33% | 0.3% / 33% | 1.2% / 33% | 0.08% / 5% | ✓ HALAL |
| FTSE | 0.7% / 33% | 2.2% / 33% | 9.0% / 50% | 0.08% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.0% | |
| Operating Margin | 23.3% | |
| Net Margin | 18.6% | |
| Return on Equity (ROE) | 23.9% | |
| Return on Assets (ROA) | 15.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.4B |
| Free Cash Flow | $955M |
| Total Debt | $40M |
| Debt-to-Equity | 3.3 |
| Current Ratio | 1.4 |
| Total Assets | $5.5B |
Price & Trading
| Last Close | $187.93 |
| 50-Day MA | $189.41 |
| 200-Day MA | $160.24 |
| Avg Volume | 2.3M |
| Beta | 1.2 |
|
52-Week Range
$126.01
| |
About Old Dominion (ODFL)
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation services. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. In addition, the company operates fleet maintenance centers. As of December 31, 2025, it owned and operated 10,184 tractors, 30,824 linehaul trailers, and 14,313 pickup and delivery trailers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Purification Calculator
As a halal stock with 0.08% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Old Dominion (ODFL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Old Dominion is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Old Dominion's debt ratio?
Old Dominion's debt ratio is 0.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.7%.
Does Old Dominion require dividend purification?
Yes, Old Dominion has an impermissible income ratio of 0.08%, which means 0.08% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Old Dominion's key financial metrics?
Old Dominion has a market capitalization of $39.4B, trailing P/E ratio of 38.9, and revenue of $5.5B. The company maintains a gross margin of 39.0% and a net margin of 18.6%. Return on equity stands at 23.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.