This page shows Old Dominion Freight Line Inc (ODFL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Old Dominion Freight Line Inc has an operating margin of 24.8%, meaning the company retains $25 of operating profit per $100 of revenue. This strong profitability earns a score of 77/100, reflecting efficient cost management and pricing power. This is down from 26.6% the prior year.
Old Dominion Freight Line Inc's revenue declined 5.5% year-over-year, from $5.8B to $5.5B. This contraction results in a growth score of 24/100.
Old Dominion Freight Line Inc carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Old Dominion Freight Line Inc's current ratio of 1.44 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 24/100, which could limit financial flexibility.
Old Dominion Freight Line Inc converts 17.4% of revenue into free cash flow ($955.1M). This strong cash generation earns a score of 68/100.
Old Dominion Freight Line Inc's ROE of 23.8% shows moderate profitability relative to equity, earning a score of 64/100. This is down from 27.9% the prior year.
Old Dominion Freight Line Inc scores 24.27, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($41.3B) relative to total liabilities ($1.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Old Dominion Freight Line Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Old Dominion Freight Line Inc generates $1.34 in operating cash flow ($1.4B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Old Dominion Freight Line Inc earns $4598.1 in operating income for every $1 of interest expense ($1.4B vs $296K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Old Dominion Freight Line Inc generated $5.5B in revenue in fiscal year 2025. This represents a decrease of 5.5% from the prior year.
Old Dominion Freight Line Inc's EBITDA was $1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.6% from the prior year.
Old Dominion Freight Line Inc reported $1.0B in net income in fiscal year 2025. This represents a decrease of 13.7% from the prior year.
Old Dominion Freight Line Inc earned $4.84 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 11.7% from the prior year.
Cash & Balance Sheet
Old Dominion Freight Line Inc generated $955.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 7.6% from the prior year.
Old Dominion Freight Line Inc held $120.1M in cash against $20.0M in long-term debt as of fiscal year 2025.
Old Dominion Freight Line Inc paid $1.12 per share in dividends in fiscal year 2025. This represents an increase of 7.7% from the prior year.
Old Dominion Freight Line Inc had 209M shares outstanding in fiscal year 2025. This represents a decrease of 2.1% from the prior year.
Margins & Returns
Old Dominion Freight Line Inc's operating margin was 24.8% in fiscal year 2025, reflecting core business profitability. This is down 1.8 percentage points from the prior year.
Old Dominion Freight Line Inc's net profit margin was 18.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.8 percentage points from the prior year.
Old Dominion Freight Line Inc's ROE was 23.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.
Capital Allocation
Old Dominion Freight Line Inc spent $730.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 24.5% from the prior year.
Old Dominion Freight Line Inc invested $415.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 46.2% from the prior year.
ODFL Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B-7.1% | $1.4B-0.1% | $1.4B+2.4% | $1.4B-0.8% | $1.4B-5.7% | $1.5B-1.9% | $1.5B+2.6% | $1.5B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $304.3M-15.7% | $360.8M+0.8% | $357.9M+5.9% | $338.1M+1.2% | $334.0M-16.9% | $401.9M-4.7% | $421.7M+9.1% | $386.4M |
| Interest Expense | $284K+7000.0% | $4K-33.3% | $6K+200.0% | $2K-92.0% | $25K+31.6% | $19K-85.5% | $131K+254.1% | $37K |
| Income Tax | $75.7M-15.3% | $89.4M+0.9% | $88.6M+5.5% | $84.0M+16.6% | $72.0M-23.8% | $94.5M-9.5% | $104.4M+3.8% | $100.6M |
| Net Income | $229.5M-15.3% | $270.9M+0.9% | $268.6M+5.5% | $254.7M-3.2% | $263.1M-14.7% | $308.6M-4.2% | $322.0M+10.2% | $292.3M |
| EPS (Diluted) | N/A | $1.28+0.8% | $1.27+6.7% | $1.19 | N/A | $1.43-3.4% | $1.48+10.4% | $1.34 |
ODFL Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.5B-0.8% | $5.5B-0.6% | $5.6B+1.1% | $5.5B0.0% | $5.5B+1.2% | $5.4B+1.5% | $5.3B-5.5% | $5.7B |
| Current Assets | $694.8M+4.7% | $663.8M-4.9% | $698.1M-4.9% | $734.4M+1.9% | $720.7M-2.0% | $735.1M-8.9% | $807.1M-36.1% | $1.3B |
| Cash & Equivalents | $120.1M+157.8% | $46.6M+93.7% | $24.1M-75.2% | $97.2M-10.6% | $108.7M+46.5% | $74.2M-0.2% | $74.3M-87.2% | $581.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $471.9M-9.1% | $519.0M-2.2% | $530.5M-2.8% | $545.6M+8.8% | $501.6M-8.1% | $545.7M-5.6% | $578.1M-0.7% | $582.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.2B-7.5% | $1.3B-5.1% | $1.3B+5.1% | $1.3B+0.7% | $1.2B-0.3% | $1.3B+1.5% | $1.2B-1.5% | $1.2B |
| Current Liabilities | $483.9M-12.2% | $551.4M+8.8% | $506.9M-9.1% | $557.4M+3.1% | $540.5M-2.4% | $553.6M+0.1% | $552.8M+0.4% | $550.7M |
| Long-Term Debt | $20.0M-69.2% | $65.0M-56.7% | $150.0M+275.1% | $40.0M0.0% | $40.0M0.0% | $40.0M0.0% | $40.0M-33.3% | $60.0M |
| Total Equity | $4.3B+1.1% | $4.3B+0.8% | $4.2B-0.1% | $4.2B-0.2% | $4.2B+1.6% | $4.2B+1.6% | $4.1B-6.6% | $4.4B |
| Retained Earnings | $4.1B+1.1% | $4.0B+0.7% | $4.0B-0.2% | $4.0B-0.2% | $4.0B+0.7% | $4.0B+1.6% | $3.9B-6.0% | $4.2B |
ODFL Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $310.3M-29.1% | $437.5M+53.0% | $285.8M-15.1% | $336.5M-16.1% | $401.1M-10.2% | $446.5M+15.1% | $387.9M-8.5% | $423.9M |
| Capital Expenditures | $45.8M-51.3% | $93.9M-49.8% | $187.2M+112.3% | $88.1M-48.4% | $170.9M-29.6% | $242.8M+1.9% | $238.1M+99.3% | $119.5M |
| Free Cash Flow | $264.5M-23.0% | $343.5M+248.1% | $98.7M-60.3% | $248.4M+7.9% | $230.1M+13.0% | $203.7M+36.1% | $149.7M-50.8% | $304.4M |
| Investing Cash Flow | -$8.2M+90.9% | -$90.1M+51.4% | -$185.2M-123.4% | -$82.9M+50.3% | -$166.9M+17.1% | -$201.4M+23.9% | -$264.9M-124.5% | -$118.0M |
| Financing Cash Flow | -$228.6M+29.6% | -$324.8M-87.0% | -$173.8M+34.5% | -$265.1M-32.8% | -$199.6M+18.6% | -$245.2M+61.1% | -$629.7M-296.6% | -$158.8M |
| Dividends Paid | $58.4M-0.4% | $58.7M-0.6% | $59.0M-0.8% | $59.5M+7.4% | $55.4M-0.4% | $55.6M-0.6% | $56.0M-1.2% | $56.6M |
| Share Buybacks | $124.9M-30.9% | $180.8M-19.1% | $223.5M+11.2% | $201.1M+10.2% | $182.5M-2.7% | $187.7M-63.3% | $511.8M+500.2% | $85.3M |
ODFL Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 23.3%-2.4pp | 25.7%+0.2pp | 25.4%+0.8pp | 24.6%+0.5pp | 24.1%-3.2pp | 27.3%-0.8pp | 28.1%+1.7pp | 26.5% |
| Net Margin | 17.5%-1.7pp | 19.3%+0.2pp | 19.1%+0.6pp | 18.5%-0.5pp | 19.0%-2.0pp | 21.0%-0.5pp | 21.5%+1.5pp | 20.0% |
| Return on Equity | 5.3%-1.0pp | 6.4%+0.0pp | 6.3%+0.3pp | 6.0%-0.2pp | 6.2%-1.2pp | 7.4%-0.4pp | 7.8%+1.2pp | 6.6% |
| Return on Assets | 4.2%-0.7pp | 4.9%+0.1pp | 4.8%+0.2pp | 4.6%-0.2pp | 4.8%-0.9pp | 5.7%-0.3pp | 6.0%+0.9pp | 5.2% |
| Current Ratio | 1.44+0.2 | 1.20-0.2 | 1.38+0.1 | 1.32-0.0 | 1.330.0 | 1.33-0.1 | 1.46-0.8 | 2.29 |
| Debt-to-Equity | 0.00-0.0 | 0.02-0.0 | 0.04+0.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.01 |
| FCF Margin | 20.2%-4.2pp | 24.4%+17.4pp | 7.0%-11.1pp | 18.1%+1.5pp | 16.6%+2.7pp | 13.9%+3.9pp | 10.0%-10.9pp | 20.8% |
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Frequently Asked Questions
What is Old Dominion Freight Line Inc's annual revenue?
Old Dominion Freight Line Inc (ODFL) reported $5.5B in total revenue for fiscal year 2025. This represents a -5.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Old Dominion Freight Line Inc's revenue growing?
Old Dominion Freight Line Inc (ODFL) revenue declined by 5.5% year-over-year, from $5.8B to $5.5B in fiscal year 2025.
Is Old Dominion Freight Line Inc profitable?
Yes, Old Dominion Freight Line Inc (ODFL) reported a net income of $1.0B in fiscal year 2025, with a net profit margin of 18.6%.
What is Old Dominion Freight Line Inc's EBITDA?
Old Dominion Freight Line Inc (ODFL) had EBITDA of $1.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Old Dominion Freight Line Inc have?
As of fiscal year 2025, Old Dominion Freight Line Inc (ODFL) had $120.1M in cash and equivalents against $20.0M in long-term debt.
What is Old Dominion Freight Line Inc's operating margin?
Old Dominion Freight Line Inc (ODFL) had an operating margin of 24.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Old Dominion Freight Line Inc's net profit margin?
Old Dominion Freight Line Inc (ODFL) had a net profit margin of 18.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Old Dominion Freight Line Inc pay dividends?
Yes, Old Dominion Freight Line Inc (ODFL) paid $1.12 per share in dividends during fiscal year 2025.
What is Old Dominion Freight Line Inc's return on equity (ROE)?
Old Dominion Freight Line Inc (ODFL) has a return on equity of 23.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Old Dominion Freight Line Inc's free cash flow?
Old Dominion Freight Line Inc (ODFL) generated $955.1M in free cash flow during fiscal year 2025. This represents a 7.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Old Dominion Freight Line Inc's operating cash flow?
Old Dominion Freight Line Inc (ODFL) generated $1.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Old Dominion Freight Line Inc's total assets?
Old Dominion Freight Line Inc (ODFL) had $5.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Old Dominion Freight Line Inc's capital expenditures?
Old Dominion Freight Line Inc (ODFL) invested $415.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Old Dominion Freight Line Inc's current ratio?
Old Dominion Freight Line Inc (ODFL) had a current ratio of 1.44 as of fiscal year 2025, which is considered adequate.
What is Old Dominion Freight Line Inc's debt-to-equity ratio?
Old Dominion Freight Line Inc (ODFL) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Old Dominion Freight Line Inc's return on assets (ROA)?
Old Dominion Freight Line Inc (ODFL) had a return on assets of 18.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Old Dominion Freight Line Inc's Altman Z-Score?
Old Dominion Freight Line Inc (ODFL) has an Altman Z-Score of 24.27, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Old Dominion Freight Line Inc's Piotroski F-Score?
Old Dominion Freight Line Inc (ODFL) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Old Dominion Freight Line Inc's earnings high quality?
Old Dominion Freight Line Inc (ODFL) has an earnings quality ratio of 1.34x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Old Dominion Freight Line Inc cover its interest payments?
Old Dominion Freight Line Inc (ODFL) has an interest coverage ratio of 4598.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Old Dominion Freight Line Inc?
Old Dominion Freight Line Inc (ODFL) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.