OLD DOMINION FREIGHT LINE, INC. ODFL

Industrials SIC 4213 - Trucking (No Local) NAICS Transportation and Warehousing › Truck Transportation derived Nasdaq

We are one of the largest North American less-than-truckload ("LTL") motor carriers. We provide regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, we also provide LTL services throughout North America. In addition to our core LTL services, we offer a range of value-added services including container drayage, truckload brokerage and supply chain consulting. More than 98% of our revenue has historically been derived from transporting LTL shipments for our customers, whose demand for our services is generally tied to industrial production and the overall health of the U.S. domestic economy.

Last close 182.70 2026-10-23
Market cap $37.88B 2026-06-30 share count
52-week range 126.01 - 252.03

Valuation FY2025 figures against the last close

P/S6.9x
P/E37.7x
P/FCF39.7x
EV/EBITDA21.9x
Dividend yield0.6%
Diluted EPS4.84

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $5.50B$5.81B$5.87B$6.26B$5.26B$4.02B$4.11B$4.04B$3.36B$2.99B
Total operating expenses $4.14B$4.27B$4.23B$4.42B$3.86B$3.11B$3.29B$3.23B$2.78B$2.51B
Operating income $1.36B$1.54B$1.64B$1.84B$1.39B$906.9M$818.7M$817.1M$575.9M$483.8M
Pre-tax income $1.36B$1.56B$1.65B$1.84B$1.39B$901.4M$823.9M$815.5M$575.8M$477.6M
Income tax $337.6M$371.5M$408.3M$464.2M$354.0M$228.7M$208.4M$209.8M$112.1M$181.8M
Net income $1.02B$1.19B$1.24B$1.38B$1.03B$672.7M$615.5M$605.7M$463.8M$295.8M
EPS, basic 4.865.515.666.138.945.715.114.935.633.56
EPS, diluted 4.845.485.636.098.895.685.104.925.633.56
Shares, diluted (wtd. avg.) 211.6M216.5M220.2M226.2M116.4M118.5M120.6M123.0M82.4M83.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $120.1M$108.7M$433.8M$186.3M$462.6M$401.4M$403.6M$190.3M$127.5M$10.2M
Short-term investments $0$0$0$49.4M$254.4M$330.3M————
Receivables $471.9M$501.6M$578.9M$578.6M$567.5M$444.7M$397.6M$427.6M$394.2M$320.1M
Total current assets $694.8M$720.7M$1.14B$933.7M$1.38B$1.24B$866.8M$706.2M$584.7M$382.6M
Property, plant and equipment $4.50B$4.51B$4.10B$3.69B$3.22B$2.91B$2.97B$2.75B$2.40B$2.24B
Goodwill ——————$19.5M$19.5M$19.5M$19.5M
Total assets $5.47B$5.49B$5.51B$4.84B$4.82B$4.37B$4.00B$3.55B$3.07B$2.70B
Accounts payable $62.7M$91.8M$112.8M$106.3M$82.5M$68.5M$70.3M$78.5M$73.7M$89.2M
Short-term debt $20.0M$20.0M$20.0M$20.0M——————
Total current liabilities $483.9M$540.5M$544.7M$529.8M$464.2M$373.1M$366.1M$356.7M$351.0M$288.6M
Long-term debt ———————$45.0M$95.0M$105.0M
Total liabilities $1.16B$1.25B$1.25B$1.19B$1.14B$1.04B$914.9M$864.8M$791.6M$845.1M
Retained earnings $4.06B$4.00B$4.00B$3.40B$3.49B$3.09B$2.85B$2.53B$2.13B$1.71B
Total equity $4.31B$4.24B$4.26B$3.65B$3.68B$3.33B$3.08B$2.68B$2.28B$1.85B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.37B$1.66B$1.57B$1.69B$1.21B$933.0M$983.9M$900.1M$536.3M$565.6M
Depreciation and amortisation $364.7M$344.5M$324.0M$275.6M$259.5M$261.3M$253.7M$230.4M$205.6M$189.6M
Stock-based compensation $12.9M$11.3M$11.1M$15.9M$15.0M$11.3M$16.7M$4.9M$3.2M$1.4M
Capital expenditure $415.0M$771.3M$757.3M$775.1M$550.1M$225.1M$479.3M$588.3M$382.1M$417.9M
Investing cash flow -$366.4M-$751.2M-$659.8M-$547.5M-$455.3M-$551.7M-$473.6M-$580.4M-$367.7M-$407.4M
Financing cash flow -$992.3M-$1.23B-$661.8M-$1.42B-$696.2M-$383.5M-$297.0M-$256.9M-$51.3M-$159.5M
Dividends paid $235.6M$223.6M$175.1M$134.5M$92.4M$71.0M$54.6M$42.6M$32.9M—
Buybacks $730.3M$967.3M$453.6M$1.28B$536.5M$364.1M$241.0M$163.3M$8.0M$130.3M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000878927-26-000006.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B 8B Revenue, FY2016: 3B Net income, FY2016: 295.8M Revenue, FY2017: 3.4B Net income, FY2017: 463.8M Revenue, FY2018: 4B Net income, FY2018: 605.7M Revenue, FY2019: 4.1B Net income, FY2019: 615.5M Revenue, FY2020: 4B Net income, FY2020: 672.7M Revenue, FY2021: 5.3B Net income, FY2021: 1B Revenue, FY2022: 6.3B Net income, FY2022: 1.4B Revenue, FY2023: 5.9B Net income, FY2023: 1.2B Revenue, FY2024: 5.8B Net income, FY2024: 1.2B Revenue, FY2025: 5.5B Net income, FY2025: 1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.99B $3.36B $4.04B $4.11B $4.02B $5.26B $6.26B $5.87B $5.81B $5.50B
Gross profit — — — — — — — — — —
Net income $295.8M $463.8M $605.7M $615.5M $672.7M $1.03B $1.38B $1.24B $1.19B $1.02B

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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