OLD DOMINION FREIGHT LINE, INC. financials

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ODFL CIK 0000878927

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:13:12Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 955.10M 887.97M 811.83M 916.43M 662.53M 707.94M
EBITDA 1.73B 1.89B 1.97B 2.12B 1.65B 1.17B
Working Capital 210.93M 180.15M 598.67M 403.95M 919.55M 870.21M
Net Debt 21.35M 59.60M -233.47M 11.81M -259.83M -195.18M
Operating Margin 24.76% 26.55% 27.97% 29.40% 26.47% 22.59%
Net Margin 18.63% 20.40% 21.13% 22.00% 19.68% 16.75%
Return on Equity (ROE) 23.75% 27.94% 29.11% 37.70% 28.11% 20.22%
Return on Assets (ROA) 18.71% 21.60% 22.49% 28.46% 21.45% 15.40%
Current Ratio 1.4359 1.3333 2.0992 1.7625 2.9808 3.3322
Debt-to-Equity 0.0328 0.0396 0.0471 0.0542 0.0551 0.062
Effective Tax Rate 24.80% 23.85% 24.78% 25.21% 25.50% 25.37%
Cash Conversion Ratio 1.3384 1.399 1.2659 1.2283 1.1723 1.387
Accruals Ratio -0.0633 -0.0862 -0.0598 -0.065 -0.037 -0.0596
SBC % of Revenue 0.23% 0.20% 0.19% 0.25% 0.29% 0.28%
CapEx Coverage 3.3013 2.1512 2.072 2.1823 2.2044 4.1453
Free Cash Flow Per Share $4.51 $4.10 $3.69 $4.05 $5.69 $5.97

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 32.3967 32.1898 35.9973 23.2989 40.3127 34.3627
P/FCF 34.7387 43.0066 54.966 35.0155 62.9698 32.6688
FCF Yield 2.88% 2.33% 1.82% 2.86% 1.59% 3.06%
EV / EBITDA 18.9619 19.9252 44.8324 14.783 24.8006 19.3916
P/S 5.9497 6.4612 15.0582 4.9966 7.8415 5.6903
P/B 7.5855 8.8514 20.7463 8.5628 11.2011 6.8687

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Income (Loss) 1.36B 1.54B 1.64B 1.84B 1.39B 906.88M
Income Tax Expense (Benefit) 337.61M 371.52M 408.27M 464.19M 354.05M 228.68M
Net Income (Loss) Attributable to Parent 1.02B 1.19B 1.24B 1.38B 1.03B 672.68M
Earnings Per Share, Basic $4.86 $5.51 $5.66 $6.13 $8.94 $5.71
Weighted Average Number of Shares Outstanding, Basic 210.53M 215.33M 218.84M 224.68M 115.65M 117.74M
Earnings Per Share, Diluted $4.84 $5.48 $5.63 $6.09 $8.89 $5.68
Weighted Average Number of Shares Outstanding, Diluted 211.60M 216.49M 220.18M 226.16M 116.41M 118.49M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 120.09M 108.68M 433.80M 186.31M 462.56M 401.43M
Assets, Current 694.83M 720.68M 1.14B 933.74M 1.38B 1.24B
Assets 5.47B 5.49B 5.51B 4.84B 4.82B 4.37B
Liabilities, Current 483.91M 540.53M 544.66M 529.79M 464.23M 373.13M
Liabilities 1.16B 1.25B 1.25B 1.19B 1.14B 1.04B
Stockholders' Equity Attributable to Parent 4.31B 4.24B 4.26B 3.65B 3.68B 3.33B
Common Stock, Shares, Outstanding 208.56M 212.98M 217.93M 110.22M 115.01M 117.06M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 1.37B 1.66B 1.57B 1.69B 1.21B 933.02M
Net Cash Provided by (Used in) Investing Activities -366.41M -751.19M -659.82M -547.47M -455.29M -551.66M
Payments for Repurchase of Common Stock 730.34M 967.29M 453.61M 1.28B 536.47M 364.06M
Payments of Dividends 235.64M 223.62M 175.09M 134.48M 92.37M 71.02M
Net Cash Provided by (Used in) Financing Activities -992.31M -1.23B -661.83M -1.42B -696.18M -383.50M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

26 concepts 3 units
Unit US$ · 21 concepts
Label Value Period
Revenue from Contract with Customer, Including Assessed Tax 5.50B 2025-01-01 → 2025-12-31
Cost, Direct Tax and License 138.94M 2025-01-01 → 2025-12-31
Operating Insurance and Claims Costs, Production 74.42M 2025-01-01 → 2025-12-31
Direct Communications and Utilities Costs 38.94M 2025-01-01 → 2025-12-31
Costs and Expenses 4.14B 2025-01-01 → 2025-12-31
Depreciation, Depletion and Amortization, Nonproduction 364.68M 2025-01-01 → 2025-12-31
Other Cost and Expense, Operating 32.86M 2025-01-01 → 2025-12-31
Operating Costs and Expenses 570.98M 2025-01-01 → 2025-12-31
Advertising Expense 35.10M 2025-01-01 → 2025-12-31
Labor and Related Expense 2.64B 2025-01-01 → 2025-12-31
Operating Lease, Expense 23.80M 2025-01-01 → 2025-12-31
Gain (Loss) on Disposition of Property Plant Equipment -2.94M 2025-01-01 → 2025-12-31
Operating Income (Loss) 1.36B 2025-01-01 → 2025-12-31
Investment Income, Net 4.14M 2025-01-01 → 2025-12-31
Other Nonoperating Income (Expense) -3.59M 2025-01-01 → 2025-12-31
Nonoperating Income (Expense) 263.00K 2025-01-01 → 2025-12-31
Interest and Debt Expense 296.00K 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.36B 2025-01-01 → 2025-12-31
Income Tax Expense (Benefit) 337.61M 2025-01-01 → 2025-12-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1.02B 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Parent 1.02B 2025-01-01 → 2025-12-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 210.53M 2025-01-01 → 2025-12-31
Weighted Average Number of Shares Outstanding, Diluted 211.60M 2025-01-01 → 2025-12-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $4.86 2025-01-01 → 2025-12-31
Earnings Per Share, Diluted $4.84 2025-01-01 → 2025-12-31
Common Stock, Dividends, Per Share, Declared $1.12 2025-01-01 → 2025-12-31

Balance Sheet

43 concepts 3 units
Unit US$ · 40 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 120.09M as of 2025-12-31
Short-term Investments 0 as of 2025-12-31
Accounts Receivable, Allowance for Credit Loss, Current 7.92M as of 2025-12-31
Accounts Receivable, after Allowance for Credit Loss, Current 471.95M as of 2025-12-31
Assets, Current 694.83M as of 2025-12-31
Operating Lease, Right-of-Use Asset 96.80M as of 2025-12-31
Machinery and Equipment, Gross 2.68B as of 2025-12-31
Leasehold Improvements, Gross 15.65M as of 2025-12-31
Property, Plant and Equipment, Other, Gross 664.01M as of 2025-12-31
Property, Plant and Equipment, Gross 6.88B as of 2025-12-31
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 2.38B as of 2025-12-31
Property, Plant and Equipment, Net 4.50B as of 2025-12-31
Self Insurance Reserve 168.80M as of 2025-12-31
Other Assets, Noncurrent 271.12M as of 2025-12-31
Deferred Compensation Liability, Current and Noncurrent 119.60M as of 2025-12-31
Operating Lease, Liability 101.45M as of 2025-12-31
Assets 5.47B as of 2025-12-31
Long-term Line of Credit 0 as of 2025-12-31
Accounts Payable, Current 62.70M as of 2025-12-31
Employee-related Liabilities, Current 239.12M as of 2025-12-31
Accrued Income Taxes, Current 13.15M as of 2025-12-31
Senior Notes 39.99M as of 2025-12-31
Accrued Liabilities, Current 70.08M as of 2025-12-31
Debt and Lease Obligation 39.99M as of 2025-12-31
Long-term Debt, Current Maturities 20.00M as of 2025-12-31
Deferred Compensation Liability, Current 9.20M as of 2025-12-31
Liabilities, Current 483.91M as of 2025-12-31
Long-term Debt and Lease Obligation 20.00M as of 2025-12-31
Deferred Compensation Liability, Classified, Noncurrent 110.40M as of 2025-12-31
Deferred Income Tax Liabilities, Net 370.68M as of 2025-12-31
Self Insurance Reserve, Noncurrent 89.90M as of 2025-12-31
Other Liabilities, Noncurrent 284.52M as of 2025-12-31
Operating Lease, Liability, Noncurrent 84.20M as of 2025-12-31
Liabilities, Noncurrent 675.20M as of 2025-12-31
Liabilities 1.16B as of 2025-12-31
Additional Paid in Capital, Common Stock 234.60M as of 2025-12-31
Retained Earnings (Accumulated Deficit) 4.06B as of 2025-12-31
Stockholders' Equity Attributable to Parent 4.31B as of 2025-12-31
Common Stock, Value, Outstanding 20.86M as of 2025-12-31
Liabilities and Equity 5.47B as of 2025-12-31
Unit shares · 2 concepts
Label Value Period
Common Stock, Shares Authorized 560.00M as of 2025-12-31
Common Stock, Shares, Outstanding 208.56M as of 2025-12-31
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $0.10 as of 2025-12-31

Cash Flow Statement

27 concepts 1 unit
Unit US$ · 27 concepts
Label Value Period
Depreciation 364.70M 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Noncash Expense 12.85M 2025-01-01 → 2025-12-31
Operating Lease, Payments 21.20M 2025-01-01 → 2025-12-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.46M 2025-01-01 → 2025-12-31
Interest Paid, Capitalized, Investing Activities 4.09M 2025-01-01 → 2025-12-31
Deferred Income Tax Expense (Benefit) -11.25M 2025-01-01 → 2025-12-31
IncomeTaxPaidFederalAfterRefundReceived 268.56M 2025-01-01 → 2025-12-31
IncomeTaxPaidStateAndLocalAfterRefundReceived 63.17M 2025-01-01 → 2025-12-31
Income Taxes Paid, Net 331.72M 2025-01-01 → 2025-12-31
Increase (Decrease) in Accounts and Other Receivables -28.35M 2025-01-01 → 2025-12-31
Increase (Decrease) in Insurance Liabilities 4.58M 2025-01-01 → 2025-12-31
Increase (Decrease) in Prepaid Expense and Other Assets 9.36M 2025-01-01 → 2025-12-31
Increase (Decrease) in Accounts Payable -29.12M 2025-01-01 → 2025-12-31
Increase (Decrease) in Other Accrued Liabilities -7.05M 2025-01-01 → 2025-12-31
Increase (Decrease) in Income Taxes Payable 17.13M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Operating Activities 1.37B 2025-01-01 → 2025-12-31
Payments to Acquire Productive Assets 415.03M 2025-01-01 → 2025-12-31
Proceeds from Sale of Property, Plant, and Equipment 48.52M 2025-01-01 → 2025-12-31
Payments for (Proceeds from) Other Investing Activities -100.00K 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Investing Activities -366.41M 2025-01-01 → 2025-12-31
Repayments of Long-term Debt 20.00M 2025-01-01 → 2025-12-31
Payments for Repurchase of Common Stock 730.34M 2025-01-01 → 2025-12-31
Payments of Dividends 235.64M 2025-01-01 → 2025-12-31
Proceeds from (Payments for) Other Financing Activities -6.33M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Financing Activities -992.31M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 11.41M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 120.09M as of 2025-12-31

Notes

49 concepts 4 units
Unit US$ · 41 concepts
Label Value Period
Current Federal Tax Expense (Benefit) 280.07M 2025-01-01 → 2025-12-31
Current State and Local Tax Expense (Benefit) 68.78M 2025-01-01 → 2025-12-31
Current Federal, State and Local, Tax Expense (Benefit) 348.85M 2025-01-01 → 2025-12-31
Deferred Federal Income Tax Expense (Benefit) -11.33M 2025-01-01 → 2025-12-31
Deferred State and Local Income Tax Expense (Benefit) 86.00K 2025-01-01 → 2025-12-31
Deferred Federal, State and Local, Tax Expense (Benefit) -11.25M 2025-01-01 → 2025-12-31
Operating Lease, Liability, Current 17.20M as of 2025-12-31
Prepaid Expense and Other Assets, Current 80.40M as of 2025-12-31
Federal Income Tax Expense (Benefit), Continuing Operations 268.74M 2025-01-01 → 2025-12-31
State and Local Income Tax Expense (Benefit), Continuing Operations 68.87M 2025-01-01 → 2025-12-31
SEC Schedule, 12-09, Valuation Allowances and Reserves, Amount 6.60M as of 2025-12-31
SEC Schedule, 12-09, Valuation Allowances and Reserves, Additions, Charge to Cost and Expense 2.69M 2025-01-01 → 2025-12-31
SEC Schedule, 12-09, Valuation Allowances and Reserves, Deduction 2.47M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount 285.88M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount 54.81M 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Expense, Tax Benefit 3.60M 2025-01-01 → 2025-12-31
Long-term Debt, Fair Value 39.10M as of 2025-12-31
Letters of Credit Outstanding, Amount 37.50M as of 2025-12-31
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount 5.48M 2025-01-01 → 2025-12-31
Dividends, Common Stock 235.67M 2025-01-01 → 2025-12-31
Restricted Stock, Value, Shares Issued Net of Tax Withholdings -6.17M 2025-01-01 → 2025-12-31
Defined Benefit Plan, Plan Assets, Contributions by Employer 96.50M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Compensated Absences 26.33M as of 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits 44.67M as of 2025-12-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 10.20M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Self Insurance 34.24M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year One 21.67M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 21.32M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.57M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 18.62M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Five 14.98M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, after Year Five 20.92M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid 117.08M as of 2025-12-31
Deferred Tax Assets, Other 12.49M as of 2025-12-31
Deferred Tax Assets, Gross 117.73M as of 2025-12-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.63M as of 2025-12-31
Deferred Tax Liabilities, Gross 488.42M as of 2025-12-31
Deferred Tax Liabilities, Property, Plant and Equipment 483.01M as of 2025-12-31
Deferred Tax Liabilities, Other 5.40M as of 2025-12-31
Deferred Tax Liabilities, Net 370.68M as of 2025-12-31
Other Receivables, Net, Current 22.39M as of 2025-12-31
Unit shares · 1 concept
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 1.06M 2025-01-01 → 2025-12-31
Unit pure · 5 concepts
Label Value Period
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent 0.04 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Percent 0.004 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Percent 0.248 2025-01-01 → 2025-12-31
Operating Lease, Weighted Average Discount Rate, Percent 0.048 as of 2025-12-31
Unit Segment · 2 concepts
Label Value Period
Number of Operating Segments 1 2025-01-01 → 2025-12-31
Number of Reportable Segments 1 2025-01-01 → 2025-12-31

Other

2 concepts 1 unit
Unit US$ · 2 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 12.70M 2025-01-01 → 2025-12-31
Stock Repurchased and Retired During Period, Value 728.09M 2025-01-01 → 2025-12-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (ODFL CIK 0000878927), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.