logo
Twitter
Discord
Email
logo
Old Dominion Freight Line, Inc.

Old Dominion Freight Line, Inc.

NASDAQ•ODFL
CEO: Mr. David S. Congdon
Sector: Industrials
Industry: Trucking
Listing Date: 1991-10-24
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. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
Contact Information
500 Old Dominion Way, Thomasville, NC, 27360, United States
336-889-5000
www.odfl.com
Market Cap
$32.82B
P/E (TTM)
31.3
32.1
Dividend Yield
0.7%
52W High
$209.61
52W Low
$126.01
52W Range
37%
Rank19Top 4.0%
6.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.41B-4.33%
4-Quarter Trend

EPS

$1.28-11.11%
4-Quarter Trend

FCF

$343.53M+68.63%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue and Net Income Decline Nine-month revenue fell 5.4% to $4.19B USD; Net income dropped 13.9% to $794.23M USD due to economic softness.
Operating Ratio Worsens Operating ratio increased to 74.8% for nine months versus 72.7% last year; Diluted EPS decreased 12.0% to $3.74 USD.
Yield Management Offsets Volume LTL revenue per hundredweight rose 3.4% to $33.13 USD, partially offsetting 8.7% decline in LTL tonnage volume for nine months.
Strong Liquidity Maintained Credit Agreement limit increased to $400.0M USD; $317.54M USD borrowing availability remains strong as of September 30, 2025.

Risk Factors

Domestic Economy Softness Continued softness in domestic economy caused LTL tonnage per day to drop 9.0% in Q3 2025, impacting overall revenue performance.
Operating Cost Inflation Increased depreciation costs from capital programs and higher employee benefit costs pressured operating ratio higher year-to-date.
Diesel Fuel Price Volatility No diesel fuel hedging instruments expose costs to market price fluctuations, impacting operating supplies and expenses significantly.
Technology Adaptation Risk Failure to adapt to new technologies or disruption to infrastructure could negatively affect competitive ability and incur costs.

Outlook

2025 Capital Expenditure Plan Estimated 2025 capital expenditures set at approximately $450M USD, focused on facilities, tractors, trailers, and technology investments.
Focus on Density and Yield Strategy centers on increasing density, maximizing asset utilization, and achieving appropriate yield to offset cost inflation for growth.
Share Repurchase Authorization $1.67 billion remains authorized under the 2023 Repurchase Program as of September 30, 2025, supporting capital allocation.
Liquidity Sufficient for Needs Current liquidity sources, including cash and borrowing capacity, expected to satisfy foreseeable seasonal and long-term capital needs.

Peer Comparison

Revenue (TTM)

United Airlines Holdings, Inc.UAL
$58.37B
+4.2%
EMCOR Group, Inc.EME
$16.24B
+14.1%
Westinghouse Air Brake Technologies CorporationWAB
$10.79B
+4.4%

Gross Margin (Latest Quarter)

United Airlines Holdings, Inc.UAL
64.6%
+34.7pp
Equifax Inc.EFX
57.1%
+1.8pp
Ingersoll Rand Inc.IR
43.7%
-0.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WAB$36.54B30.911.1%24.6%
UAL$36.41B11.224.9%41.0%
FIX$34.16B40.843.6%7.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.5%
Moderate Growth
4Q Net Income CAGR
1.0%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 4, 2026
|
EPS:$1.06
|
Revenue:-
Reports
All Years

  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 6, 2025|
    Revenue: $1.41B-4.3%
    |
    EPS: $1.28-11.1%
    Beat

  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 6, 2025|
    Revenue: $1.41B-6.1%
    |
    EPS: $1.27-14.8%
    Meet

  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 6, 2025|
    Revenue: $1.37B-5.8%
    |
    EPS: $1.20-10.4%
    Beat

  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 25, 2025|
    Revenue: $5.81B-0.9%
    |
    EPS: $5.51-2.6%
    Beat

  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 6, 2024|
    Revenue: $1.47B-3.0%
    |
    EPS: $1.44-7.1%
    Meet

  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 5, 2024|
    Revenue: $1.50B+6.1%
    |
    EPS: $1.49+12.0%
    Meet

  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $1.46B+1.2%
    |
    EPS: $1.34+3.1%
    Meet

  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 26, 2024|
    Revenue: $5.87B-6.3%
    |
    EPS: $5.66-7.7%
    Meet