Old Dominion Freight Line, Inc. (ODFL) reported third-quarter 2026 revenue of $1,590.726 million, up 13.1% from a year earlier. Operating income was $452.645 million, up 25.4%, and net income was $343.749 million, up 26.9%; diluted earnings per share rose 28.9% to $1.65. The operating ratio improved 280 basis points to 71.5%, from 74.3%.
LTL revenue per hundredweight increased 13.3%, while LTL tons per day declined 0.1%; LTL revenue per hundredweight excluding fuel surcharges rose 5.1%. The company reported 99% on-time service and a 0.1% claims ratio. Net cash provided by operating activities was $469.5 million for the quarter, and cash and cash equivalents were $466.2 million at September 30, 2026.
Old Dominion expects aggregate 2026 capital expenditures of approximately $380 million. Through the first nine months, it used $400.6 million for share repurchases and paid $180.7 million in cash dividends.
Old Dominion Freight Line, Inc. (ODFL) declared a quarterly cash dividend of $0.29 per share, payable on December 16, 2026, to shareholders of record at the close of business on December 2, 2026. The payment represents a 3.6% increase to the quarterly cash dividend paid in December 2025.
OLD DOMINION FREIGHT LINE, INC. director Jackman Worthing acquired a 545-share Common Stock award on September 22, 2026, reported at $0.00 per share. The award was held directly, and his reported direct holdings after the transaction were 545 shares. No Rule 10b5-1 plan is reported.
OLD DOMINION FREIGHT LINE, INC. (ODFL) reported a Board change. On September 22, 2026, long‑time director John D. Kasarda, Ph.D. retired from the Board of Directors effective immediately. The company states his retirement was not due to any disagreement regarding operations, policies, or practices.
On the same date, the Board elected Worthing F. Jackman, age 62, as an independent director, also effective immediately, and appointed him to the Governance and Nomination Committee and the Talent and Compensation Committee. Jackman has extensive leadership experience, including serving as Chief Executive Officer of Waste Connections, Inc. from July 2019 to April 2023, following earlier senior roles there. He currently serves on the boards of Quanta Services, Inc. and WillScot Holdings Corporation. Under Old Dominion’s non‑employee director compensation program, he will receive pro rata portions of a $110,000 annual cash retainer and an annual restricted stock award valued at $172,000. The company reports no special arrangements, family relationships, or related‑party transactions involving Jackman.
Old Dominion Freight Line, Inc. (ODFL) reported August 2026 less-than-truckload operating metrics showing strong yield growth. Revenue per day increased 12.4% versus August 2025, driven by higher LTL revenue per hundredweight, while LTL tons per day declined 0.9% as shipments per day fell 2.4% and weight per shipment rose 1.7%.
For the quarter-to-date, LTL revenue per hundredweight increased 11.3%, and LTL revenue per hundredweight excluding fuel surcharges increased 4.8% compared with the same period last year. Management highlighted consistent demand trends, strong service quality, and sufficient capacity to support potential volume growth under its long-term strategic plan.
OLD DOMINION FREIGHT LINE, INC. (ODFL) officer Cecil E. Overbey Jr., Senior Vice President – Strategic Development, reported a sale of 19,952 shares of Common Stock on 2026-08-25. The shares were sold at a weighted average price of $198.39 per share, with individual trades ranging from $198.31 to $198.68. After this sale, Overbey holds 22,746 ODFL shares directly and an additional 9,437 shares indirectly through a 401(k) plan.
OLD DOMINION FREIGHT LINE, INC. (ODFL) reports that company officer Cecil E. Overbey Jr. has filed a notice of proposed sale under Rule 144 for 19,952 shares of ODFL common stock through Wells Fargo Clearing Services. The notice lists an aggregate market value of $3,958,193.07 for these shares and states that ODFL had 207,356,622 shares outstanding as of the notice date of August 25, 2026. The securities to be sold are common shares originally acquired from restricted stock vesting on February 13, 2021, and a remark notes that the shares being sold were acquired between February 13, 2021 and February 9, 2025.
T. Rowe Price Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 9,769,485 shares of Old Dominion Freight Line common stock, representing 4.7% of the class. The firm has sole voting power over 9,373,045 shares and sole dispositive power over all 9,769,485 shares, with no shared voting or dispositive power. T. Rowe Price states that this filing should not be construed as an admission that it is the beneficial owner of these securities.
Old Dominion Freight Line delivered stronger profitability in the quarter ended June 30, 2026. Revenue rose to $1.554 billion, up 10.4% year over year, while net income increased 30.5% to $350.6 million and diluted EPS climbed 32.3% to $1.68. The operating ratio improved to 70.1% from 74.6%, as a 15.2% increase in LTL revenue per hundredweight more than offset a 4.1% decline in LTL tonnage per day.
For the first six months of 2026, revenue reached $2.889 billion (+3.8%), net income was $588.9 million (+12.5%), and diluted EPS was $2.82 (+14.6%), supported by tight cost control and favorable pricing. Operating cash flow was $646.3 million, versus modest net capital spending of $100.2 million, lifting cash to $283.9 million with only $20.0 million of senior notes outstanding and no borrowings under the $400.0 million credit facility.
Capital returns remained significant: during the second quarter the company repurchased 693,571 shares for approximately $145.9 million and paid a quarterly dividend of $0.29 per share, leaving $1.31 billion available under the current repurchase authorization. Management plans about $380 million of 2026 capital expenditures and reported that July 2026 revenue per day grew 8.2% year over year, with continued yield gains and slightly lower tonnage.