Old Dominion Freight Line, Inc.
Explore Old Dominion Freight Line
Core profile pages, annual revenue records, and related research hubs for this company.
Old Dominion Freight Line, Inc.
Explore Old Dominion Freight Line
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$5.50B
Market Cap
$82.0B
Net Income
$1.0B
Employees
20,591
Old Dominion reported $5.496 billion of operating revenue for FY2025, compared with $5.815 billion in FY2024. In the same period, net income was $1.024 billion. Old Dominion has 20,591 active full-time employees as of December 31, 2025. The source basis is Old Dominion Freight Line FY2025 Form 10-K.
Revenue Trend Analysis
YoY Change
-5.5%
2-Year CAGR
-3.2%
Peak Year
2023
Trend
Declining Trend
Old Dominion Freight Line, Inc. has reported revenue across 3 fiscal years, compounding at -3.2% annually over 2 years. The most recent year saw a 5.5% decline versus the prior year. Revenue peaked in 2023 at $5.9B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $5.5B | $1.0B | -5.5% |
| FY2024 | $5.8B | $1.2B | -0.9% |
| FY2023 | $5.9B | $1.2B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Old Dominion generates roughly $5.5 billion to $6 billion in annual revenue, driven by steady volume growth and highly disciplined, consistent annual price increases (yield).
The most important metric in trucking. It measures expenses as a percentage of revenue (lower is better). If an OR is 95%, the company spends 95 cents to make a dollar. Old Dominion consistently achieves an unheard-of Operating Ratio in the low 70s, making them insanely profitable.
The great 'Freight Recession.' During the pandemic, consumers bought massive amounts of physical goods (TVs, furniture). In 2023, inflation forced consumers to stop buying 'stuff' and start buying 'services' (travel). This caused a massive, industry-wide drop in the total volume of freight needing to be moved.
Extreme discipline. While other trucking companies panicked, slashed prices to steal volume, and destroyed their margins, Old Dominion refused to lower prices. They accepted lower freight volumes, cut their overtime hours, and maintained their massive profit margins.
Yes. Old Dominion generates massive amounts of free cash flow. They use this cash to continuously buy massive plots of real estate for new terminals, steadily increase their dividend, and aggressively buy back their own stock.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Old Dominion Freight Line, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/old-dominion/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Old Dominion Freight Line, Inc. reported $5B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/old-dominion/financials" target="_blank" rel="noopener">CorpDigest — Old Dominion Freight Line, Inc. financials</a></div>