Old Dominion Freight Line, Inc. (ODFL) Income Statement
ODFL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsODFL revenue and net income
Where ODFL's revenue goes
2025Each bar shows an amount and its share of revenue. ODFL kept 18.6% of revenue as net income.
ODFL profit margins
ODFL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.5% | −4.2% | +6.5% | +6.3% |
| Gross profit | −12.6% | −7.8% | +7.5% | +8.8% |
| Operating income | −11.8% | −9.6% | +8.5% | +10.6% |
| Net income | −13.7% | −9.4% | +8.8% | +12.9% |
| EPS (diluted) | −11.9% | −7.4% | +11.0% | +15.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ODFL quarterly EPS vs estimates
Old Dominion beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.61).
ODFL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.50B | $5.81B | $5.87B | $6.26B | $5.26B | $4.02B | $4.11B | $4.04B | $3.36B | $2.99B |
| Cost of revenue | $3.73B | $3.79B | $3.79B | $4.00B | $3.48B | $2.79B | $2.94B | $2.90B | $2.48B | $2.25B |
| Gross profit | $1.77B | $2.02B | $2.07B | $2.26B | $1.78B | $1.23B | $1.17B | $1.14B | $875.4M | $744.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $234.8M | $309.7M | $281.1M | $287.9M | $251.9M | $203.2M | $234.4M | $222.6M | $204.5M | $172.9M |
| Total operating expenses | $406.3M | $478.8M | $431.5M | $415.5M | $383.5M | $321.7M | $351.5M | $327.2M | $299.5M | $260.8M |
| Operating income | $1.36B | $1.54B | $1.64B | $1.84B | $1.39B | $906.9M | $818.7M | $817.1M | $575.9M | $483.8M |
| Interest income | $4.1M | $17.0M | $12.8M | $4.9M | $786,000 | $1.8M | $6.8M | $3.1M | $740,000 | $58,000 |
| Interest expense | $296,000 | $212,000 | $464,000 | $1.6M | $1.7M | $2.8M | $377,000 | $189,000 | $2.2M | $4.3M |
| Income before taxes | $1.36B | $1.56B | $1.65B | $1.84B | $1.39B | $901.4M | $823.9M | $815.5M | $575.8M | $477.6M |
| Income taxes | $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 |
| EBITDA | $1.73B | $1.90B | $1.97B | $2.12B | $1.65B | $1.17B | $1.08B | $1.05B | $783.7M | $671.8M |
| EPS (diluted) | $4.83 | $5.48 | $5.61 | $6.09 | $4.46 | $2.86 | $2.55 | $2.46 | $1.88 | $1.19 |
| Gross margin | 32.2% | 34.8% | 35.3% | 36.0% | 33.8% | 30.6% | 28.5% | 28.3% | 26.1% | 24.9% |
| Operating margin | 24.8% | 26.6% | 28.0% | 29.4% | 26.5% | 22.6% | 19.9% | 20.2% | 17.1% | 16.2% |
| Net margin | 18.6% | 20.4% | 21.1% | 22.0% | 19.7% | 16.8% | 15.0% | 15.0% | 13.8% | 9.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.33B | $1.31B | $1.41B | $1.41B | $1.37B | $1.39B | $1.47B | $1.50B | $1.46B | $1.50B | $1.52B |
| Cost of revenue | $1.01B | $965.4M | $914.1M | $937.6M | $952.6M | $924.8M | $919.5M | $955.0M | $961.4M | $956.1M | $967.0M | $959.4M |
| Gross profit | $544.6M | $369.3M | $393.2M | $468.9M | $455.2M | $450.1M | $466.3M | $515.2M | $537.3M | $504.0M | $528.6M | $555.9M |
| Sales, general & admin | $73.5M | $47.1M | $51.8M | $45.1M | $69.8M | $68.2M | $90.0M | $73.3M | $88.8M | $93.0M | $80.5M | $68.5M |
| Total operating expenses | $79.3M | $51.9M | $88.9M | $108.0M | $97.3M | $112.0M | $132.3M | $113.3M | $115.6M | $117.5M | $107.6M | $110.9M |
| Operating income | $465.3M | $317.3M | $304.3M | $360.8M | $357.9M | $338.1M | $334.0M | $401.9M | $421.7M | $386.4M | $421.0M | $445.0M |
| Interest income | $2.4M | $2.3M | $1.2M | $559,000 | $684,000 | $1.7M | $1.9M | $1.8M | $6.0M | $7.4M | $5.3M | $2.3M |
| Interest expense | $76,000 | $299,000 | $284,000 | $4,000 | $6,000 | $2,000 | $25,000 | $19,000 | $131,000 | $37,000 | $85,000 | $90,000 |
| Income before taxes | $467.5M | $317.7M | $305.1M | $360.3M | $357.2M | $338.6M | $335.2M | $403.1M | $426.4M | $392.9M | $425.3M | $446.4M |
| Income taxes | $116.9M | $79.4M | $75.7M | $89.4M | $88.6M | $84.0M | $72.0M | $94.5M | $104.4M | $100.6M | $102.5M | $107.1M |
| Net income | $350.6M | $238.3M | $229.5M | $270.9M | $268.6M | $254.7M | $263.1M | $308.6M | $322.0M | $292.3M | $322.8M | $339.3M |
| EBITDA | $557.0M | $408.0M | $398.1M | $453.1M | $447.9M | $427.8M | $424.0M | $489.8M | $511.1M | $477.5M | $510.1M | $530.5M |
| EPS (diluted) | $1.68 | $1.14 | $1.09 | $1.28 | $1.27 | $1.19 | $1.23 | $1.43 | $1.48 | $1.34 | $1.47 | $1.55 |
| Gross margin | 35.0% | 27.7% | 30.1% | 33.3% | 32.3% | 32.7% | 33.6% | 35.0% | 35.9% | 34.5% | 35.3% | 36.7% |
| Operating margin | 29.9% | 23.8% | 23.3% | 25.7% | 25.4% | 24.6% | 24.1% | 27.3% | 28.1% | 26.5% | 28.2% | 29.4% |
| Net margin | 22.6% | 17.9% | 17.6% | 19.3% | 19.1% | 18.5% | 19.0% | 21.0% | 21.5% | 20.0% | 21.6% | 22.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ODFL's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ODFL financial results
In fiscal year 2025 (ended December 31, 2025), Old Dominion reported revenue of $5.5 billion, down 5.5% from the year before. It had net income of $1.0 billion (down 13.7%), a net profit margin of 18.6%. Diluted earnings per share came to $4.83. Over five years revenue grew at an average rate of 6.5% a year.
See the ODFL stock overview for the latest quote and news, or the ODFL chart for price history and technical indicators.
ODFL income statement FAQ
What is Old Dominion's annual revenue?
Old Dominion reported total revenue of $5.5 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.5% from $5.8 billion the previous year.
Is Old Dominion profitable?
Yes. Old Dominion reported net income of $1.0 billion in fiscal 2025, a net profit margin of 18.6%; its operating margin was 24.8%.
What is Old Dominion's gross margin?
Old Dominion's gross margin was 32.2% in fiscal 2025: for every $100 of revenue, Old Dominion kept $32 after the direct cost of its products and services.
How fast is Old Dominion growing?
Revenue grew 6.5% a year on average over the last five fiscal years, from $4.0 billion to $5.5 billion.
What are Old Dominion's earnings per share?
Old Dominion earned $4.83 per diluted share in fiscal 2025, compared with $5.48 a year earlier.
When will Old Dominion report its next earnings?
Old Dominion is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Old Dominion's fiscal year end?
Old Dominion's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.