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OLD DOMINION FREIGHT LINE (ODFL)

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Earnings summaries and quarterly performance for OLD DOMINION FREIGHT LINE.

Research analysts who have asked questions during OLD DOMINION FREIGHT LINE earnings calls.

Bascome Majors

Bascome Majors

Susquehanna Financial Group

8 questions for ODFL

Also covers: CHRW, CNI, CSX +20 more
Christian Wetherbee

Christian Wetherbee

Wells Fargo

8 questions for ODFL

Also covers: ARCB, CHRW, CNI +14 more
JS

Jason Seidl

TD Cowen

8 questions for ODFL

Also covers: ARCB, CHRW, CSX +17 more
JC

Jonathan Chappell

Evercore ISI

8 questions for ODFL

Also covers: ASC, CHRW, CNI +20 more
JA

Jordan Alliger

Goldman Sachs

8 questions for ODFL

Also covers: ARCB, CSX, FDX +12 more
Ken Hoexter

Ken Hoexter

BofA Securities

8 questions for ODFL

Also covers: ARCB, CHRW, CNI +21 more
RS

Ravi Shanker

Morgan Stanley

8 questions for ODFL

Also covers: AAL, ALGT, ALK +27 more
SG

Scott Group

Wolfe Research

8 questions for ODFL

Also covers: AAL, ALGT, ALK +35 more
AR

Ariel Rosa

Citigroup

6 questions for ODFL

Also covers: ARCB, CHRW, CNI +16 more
DI

Daniel Imbro

Stephens Inc.

6 questions for ODFL

Also covers: ARCB, CHRW, CNI +23 more
Eric Morgan

Eric Morgan

Barclays

6 questions for ODFL

Also covers: CSX, JBHT, KNX +3 more
JB

J. Bruce Chan

Stifel

6 questions for ODFL

Also covers: ARCB, CENN, CHRW +14 more
RH

Richa Harnain

Deutsche Bank

6 questions for ODFL

Also covers: CHRW, CSX, FDX +6 more
Stephanie Moore

Stephanie Moore

Jefferies

6 questions for ODFL

Also covers: APG, ARCB, ARMK +30 more
TW

Tom Wadewitz

UBS Group

5 questions for ODFL

Also covers: ARCB, CHRW, CNI +19 more
BO

Brian Ossenbeck

JPMorgan Chase & Co.

4 questions for ODFL

Also covers: ARCB, CHRW, CNI +18 more
Jeffrey Kauffman

Jeffrey Kauffman

Vertical Research Partners

3 questions for ODFL

Also covers: ARCB, CHRW, CMI +13 more
Thomas Wadewitz

Thomas Wadewitz

UBS

3 questions for ODFL

Also covers: ALK, ARCB, CHRW +20 more
BO

Brandon Oglenski

Barclays

2 questions for ODFL

Also covers: AAL, ALGT, ALK +20 more
Reed Seay

Reed Seay

Stephens Inc.

2 questions for ODFL

Also covers: FDX, KEX, KNX +2 more
Joe Hafling

Joe Hafling

Jefferies

1 question for ODFL

Also covers: UNP
Tyler Brown

Tyler Brown

Raymond James Financial, Inc.

1 question for ODFL

Also covers: CLH, CWST, MLM +7 more

Recent press releases and 8-K filings for ODFL.

Old Dominion Freight Line reports November revenue decline amid LTL volume drop
ODFL
Demand Weakening
  • Old Dominion posted a 4.4% decline in November 2025 revenue per day, driven by a 10.0% drop in LTL tons per day amid economic softness.
  • LTL volume pressures stemmed from a 9.4% decrease in daily shipments and a 0.6% decline in weight per shipment.
  • Effective yield management drove a 5.9% increase in LTL revenue per hundredweight quarter-to-date (5.2% ex-fuel), highlighting pricing resilience.
  • The company maintains strong profitability, over 250 service centers and 11,000 tractors, and retains a Buy rating with a $170 target despite revenue headwinds.
Dec 3, 2025, 12:08 AM
Old Dominion Freight Line provides Q4 2025 operating update
ODFL
Demand Weakening
  • November 2025 revenue per day fell 4.4% year-over-year, driven by a 10.0% decline in LTL tons per day.
  • The drop in tons per day was due to a 9.4% decrease in shipments per day and a 0.6% decrease in weight per shipment.
  • Through the quarter-to-date, LTL revenue per hundredweight increased 5.9%, and excluding fuel surcharges rose 5.2%, year-over-year.
  • CEO Marty Freeman cited domestic economic softness for lower volumes while emphasizing yield management and service quality as strategic priorities.
  • The release contains a forward-looking statements disclaimer under the Private Securities Litigation Reform Act.
Dec 2, 2025, 10:17 PM
Old Dominion Freight Line reports Q3 2025 earnings
ODFL
Earnings
Demand Weakening
Share Buyback
  • Revenue was $1.41 billion, down 4.3% YoY, driven by a 9.0% drop in LTL tons/day partly offset by a 4.7% rise in revenue per hundredweight.
  • Operating ratio rose 160 bps to 74.3% as lower volumes deleveraged fixed overhead and increased depreciation costs.
  • Cash flow from operations was $437.5 million; capital expenditures totaled $94 million; share repurchases were $180.8 million; dividends paid amounted to $58.7 million in Q3.
  • Early October trends show revenue/day down 6.5%–7% and LTL tons/day down 11.6%, implying a 250–350 bps sequential increase in operating ratio for Q4 if current trends persist.
Oct 29, 2025, 2:00 PM
Old Dominion Freight Line reports Q3 2025 earnings
ODFL
Earnings
Demand Weakening
Share Buyback
  • Q3 revenue of $1.41 billion, down 4.3% year-over-year; LTL tons/day –9.0%, partially offset by a 4.7% increase in yield per hundredweight.
  • Operating ratio of 74.3%, a 160 bps increase year-over-year due to deleveraging from lower revenue and higher overhead and depreciation costs.
  • Q3 operating cash flow of $437.5 million; capital expenditures of $94 million; share repurchases of $180.8 million; dividends of $58.7 million.
  • Early-quarter demand remains weak: October revenue per day down 6.5–7%, LTL tons per day down 11.6%, reflecting continued softness.
Oct 29, 2025, 2:00 PM
Old Dominion Freight Line reports Q3 2025 results
ODFL
Earnings
Share Buyback
Demand Weakening
  • Revenue of $1.41 billion, down 4.3% YoY, reflecting a 9.0% decline in LTL tons/day partially offset by a 4.7% increase in yield.
  • Operating ratio rose to 74.3% (+160 bps) due to deleveraging from lower revenue and increased overhead; direct costs were flat YoY.
  • Cash flow from operations of $437.5 million, CapEx of $94 million, share repurchases of $180.8 million, and dividends of $58.7 million in Q3.
  • Maintained 99% on-time service and 0.1% cargo claims, earning #1 national LTL provider designation for the 16th consecutive year and top rankings in 23 of 28 surveyed categories.
Oct 29, 2025, 2:00 PM
Old Dominion Freight Line reports Q3 2025 earnings
ODFL
Earnings
Demand Weakening
  • Diluted EPS of $1.28, down 10.5% year-over-year in Q3 2025
  • Total revenue of $1.406 billion, a 4.3% decrease from Q3 2024
  • Operating income of $360.8 million with an operating ratio of 74.3%, up 160 bps year-over-year
  • LTL tons per day fell 9.0%, while LTL revenue per hundredweight increased 4.7%, reflecting yield improvements amid volume softness
  • YTD diluted EPS of $3.74 on $4.189 billion revenue, down 12.0% and 5.4%, respectively
Oct 29, 2025, 1:12 PM
Old Dominion Reports Second Quarter 2025 Operating Metrics
ODFL
Guidance Update
Demand Weakening
  • CFO Adam N. Satterfield led the update on operating metrics for May 2025, providing key details on LTL performance.
  • The update noted a 5.8% decline in revenue per day versus May 2024, driven by an 8.4% decrease in LTL tons per day, which itself was due to a 6.8% drop in shipments per day and a 1.9% reduction in weight per shipment.
  • For the quarter-to-date, there were increases of 3.2% in LTL revenue per hundredweight and 5.6% when excluding fuel surcharges compared to the same period last year.
Jun 4, 2025, 12:00 AM
Old Dominion Freight Line Announces Quarterly Dividend
ODFL
Dividends
  • The Board of Directors declared a quarterly cash dividend of $0.28 per share as announced by the Executive Vice President and Chief Financial Officer, Adam N. Satterfield.
  • This dividend represents a 7.7% increase over the dividend paid in June 2024, with a payment date of June 18, 2025 and a record date of June 4, 2025.
May 22, 2025, 12:00 AM
Old Dominion Freight Line Q1 2025 Earnings Call Results Summary
ODFL
Earnings
Dividends
Share Buyback
  • Revenue declined to $1.37 billion (-5.8% YoY) with total revenue of $1,374,858K.
  • Diluted EPS stood at $1.19.
  • Operating ratio increased to 75.4%, with operating income of $338,055K and net income of $254,660K.
  • Revised capital investment plans to approximately $450 million for the year, including $88.1M in Q1 capital expenditures.
  • Delivered shareholder returns with $201.1 million in share repurchases and $59.5 million in dividends during Q1.
Apr 23, 2025, 2:01 PM