Old Dominion Freight Line, Inc. (ODFL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.33B | 1.31B | 1.41B | 1.41B | 1.37B | 1.39B | 1.47B | 1.5B | 1.46B | 1.5B | 1.52B | 1.41B | 1.44B | 1.49B | 1.6B | 1.67B | 1.5B | 1.41B | 1.4B | 1.32B |
| Revenue Growth % | -2.92% | -5.67% | -4.33% | -6.07% | -5.84% | -7.34% | -2.97% | 6.05% | 1.24% | 0.26% | -5.51% | -15.25% | -3.68% | 5.76% | 14.55% | 26.38% | 32.91% | 31.39% | 32.31% | 47.22% |
| Cost of Goods Sold | 965.44M | 914.12M | 937.64M | 952.55M | 924.77M | 919.51M | 955.02M | 961.38M | 956.1M | 966.99M | 959.35M | 916.59M | 951.02M | 964.01M | 995.14M | 1.05B | 991.39M | 942.39M | 913.39M | 856.97M |
| COGS % of Revenue | 72.33% | 69.92% | 66.66% | 67.67% | 67.26% | 66.35% | 64.96% | 64.15% | 65.48% | 64.66% | 63.31% | 64.86% | 65.95% | 64.63% | 62.05% | 63.18% | 66.21% | 66.82% | 65.24% | 64.95% |
| Gross Profit | 369.26M | 393.17M | 468.87M | 455.17M | 450.09M | 466.31M | 515.19M | 537.32M | 503.97M | 528.57M | 555.92M | 496.6M | 491.12M | 527.65M | 608.55M | 614.03M | 505.89M | 467.97M | 486.65M | 462.44M |
| Gross Margin % | 27.67% | 30.08% | 33.34% | 32.33% | 32.74% | 33.65% | 35.04% | 35.85% | 34.52% | 35.34% | 36.69% | 35.14% | 34.05% | 35.37% | 37.95% | 36.82% | 33.79% | 33.18% | 34.76% | 35.05% |
| Gross Profit Growth % | -17.96% | -15.68% | -8.99% | -15.29% | -10.69% | -11.78% | -7.33% | 8.2% | 2.62% | 0.17% | -8.65% | -19.13% | -2.92% | 12.75% | 25.05% | 32.78% | 41.31% | 41.12% | 37.92% | 68.05% |
| Operating Expenses | 51.92M | 88.92M | 108.03M | 97.28M | 112.03M | 132.29M | 113.33M | 115.63M | 117.54M | 107.55M | 110.91M | 105M | 108.07M | 97.42M | 112.47M | 105.33M | 100.28M | 95.47M | 103.25M | 96.4M |
| OpEx % of Revenue | 3.89% | 6.8% | 7.68% | 6.91% | 8.15% | 9.55% | 7.71% | 7.72% | 8.05% | 7.19% | 7.32% | 7.43% | 7.49% | 6.53% | 7.01% | 6.32% | 6.7% | 6.77% | 7.37% | 7.31% |
| Selling, General & Admin | 47.07M | 51.8M | 45.08M | 69.77M | 68.16M | 89.99M | 73.31M | 71.67M | 74.77M | 80.49M | 68.47M | 65.5M | 66.59M | 57.68M | 73.73M | 65.98M | 61.5M | 51.95M | 61.72M | 57.8M |
| SG&A % of Revenue | 3.53% | 3.96% | 3.2% | 4.96% | 4.96% | 6.49% | 4.99% | 4.78% | 5.12% | 5.38% | 4.52% | 4.63% | 4.62% | 3.87% | 4.6% | 3.96% | 4.11% | 3.68% | 4.41% | 4.38% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 317.34M | 304.25M | 360.84M | 357.89M | 338.06M | 334.02M | 401.86M | 421.69M | 386.43M | 421.01M | 445.02M | 391.59M | 383.05M | 430.23M | 496.08M | 508.7M | 405.62M | 372.49M | 383.41M | 366.04M |
| Operating Margin % | 23.78% | 23.27% | 25.66% | 25.42% | 24.59% | 24.1% | 27.33% | 28.14% | 26.47% | 28.15% | 29.37% | 27.71% | 26.56% | 28.84% | 30.93% | 30.51% | 27.09% | 26.41% | 27.39% | 27.74% |
| Operating Income Growth % | -6.13% | -8.91% | -10.21% | -15.13% | -12.52% | -20.66% | -9.7% | 7.69% | 0.88% | -2.14% | -10.29% | -23.02% | -5.56% | 15.5% | 29.39% | 38.97% | 50.42% | 46.48% | 41.88% | 83.79% |
| EBITDA | 409.65M | 396.92M | 453.06M | 448.56M | 427.19M | 422.83M | 488.53M | 506.26M | 470.96M | 505.66M | 529.08M | 471.38M | 459M | 502.29M | 564.43M | 577.02M | 472.96M | 439.28M | 448.57M | 430M |
| EBITDA Margin % | 30.69% | 30.36% | 32.21% | 31.86% | 31.07% | 30.51% | 33.23% | 33.78% | 32.26% | 33.81% | 34.92% | 33.36% | 31.83% | 33.67% | 35.2% | 34.6% | 31.59% | 31.15% | 32.04% | 32.59% |
| EBITDA Growth % | -4.11% | -6.13% | -7.26% | -11.4% | -9.29% | -16.38% | -7.66% | 7.4% | 2.61% | 0.67% | -6.26% | -18.31% | -2.95% | 14.34% | 25.83% | 34.19% | 41.75% | 37.53% | 33.81% | 62.32% |
| D&A (Non-Cash Add-back) | 92.31M | 92.67M | 92.22M | 90.66M | 89.14M | 88.81M | 86.67M | 84.57M | 84.53M | 84.65M | 84.06M | 79.79M | 75.95M | 72.06M | 68.35M | 68.31M | 67.34M | 66.79M | 65.16M | 63.95M |
| EBIT | 315.7M | 305.43M | 360.85M | 357.22M | 338.65M | 335.2M | 403.11M | 426.58M | 392.92M | 425.41M | 446.47M | 392.01M | 384.35M | 432.28M | 494.03M | 508.43M | 405.14M | 372.16M | 383.32M | 364.85M |
| Net Interest Income | 1.98M | 956K | 555K | 678K | 1.66M | 1.88M | 1.76M | 5.83M | 7.33M | 5.23M | 2.22M | 2.28M | 2.61M | 2.67M | 336K | 258K | 56K | -258K | -193K | -269K |
| Interest Income | 2.28M | 1.24M | 559K | 684K | 1.66M | 1.9M | 1.77M | 5.96M | 7.37M | 5.31M | 2.31M | 2.37M | 2.81M | 2.95M | 1.33M | 471K | 129K | 126K | 178K | 196K |
| Interest Expense | 299K | 284K | 4K | 6K | 2K | 25K | 19K | 131K | 37K | 85K | 90K | 89K | 200K | 280K | 997K | 213K | 73K | 384K | 371K | 465K |
| Other Income/Expense | 337K | 896K | -543K | -679K | 589K | 1.16M | 1.23M | 4.75M | 6.46M | 4.31M | 1.36M | 332K | 1.1M | 1.77M | -15K | -492K | -549K | -715K | -459K | -1.66M |
| Pretax Income | 317.68M | 305.15M | 360.3M | 357.22M | 338.64M | 335.18M | 403.09M | 426.45M | 392.88M | 425.32M | 446.38M | 391.93M | 384.15M | 432M | 496.06M | 508.21M | 405.07M | 371.78M | 382.95M | 364.39M |
| Pretax Margin % | 23.8% | 23.34% | 25.62% | 25.38% | 24.63% | 24.19% | 27.42% | 28.45% | 26.91% | 28.44% | 29.46% | 27.73% | 26.64% | 28.96% | 30.93% | 30.48% | 27.05% | 26.36% | 27.35% | 27.62% |
| Income Tax | 79.42M | 75.68M | 89.35M | 88.59M | 83.98M | 72.03M | 94.51M | 104.4M | 100.58M | 102.51M | 107.09M | 99.56M | 99.11M | 108.07M | 118.66M | 132.13M | 105.32M | 92.97M | 96.32M | 94.81M |
| Effective Tax Rate % | 25% | 24.8% | 24.8% | 24.8% | 24.8% | 21.49% | 23.45% | 24.48% | 25.6% | 24.1% | 23.99% | 25.4% | 25.8% | 25.02% | 23.92% | 26% | 26% | 25.01% | 25.15% | 26.02% |
| Net Income | 238.26M | 229.47M | 270.95M | 268.63M | 254.66M | 263.14M | 308.58M | 322.05M | 292.3M | 322.81M | 339.29M | 292.36M | 285.04M | 323.93M | 377.4M | 376.08M | 299.75M | 278.81M | 286.63M | 269.58M |
| Net Margin % | 17.85% | 17.55% | 19.26% | 19.08% | 18.52% | 18.99% | 20.99% | 21.49% | 20.02% | 21.58% | 22.39% | 20.69% | 19.77% | 21.72% | 23.53% | 22.55% | 20.02% | 19.77% | 20.47% | 20.43% |
| Net Income Growth % | -6.44% | -12.8% | -12.2% | -16.59% | -12.88% | -18.48% | -9.05% | 10.15% | 2.55% | -0.34% | -10.1% | -22.26% | -4.91% | 16.18% | 31.67% | 39.51% | 50.36% | 46.87% | 41.99% | 82.39% |
| Net Income (Continuing) | 238.26M | 229.47M | 270.95M | 268.63M | 254.66M | 263.14M | 308.58M | 322.05M | 292.3M | 322.81M | 339.29M | 292.36M | 285.04M | 323.93M | 377.4M | 376.08M | 299.75M | 278.81M | 286.63M | 269.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.14 | 1.09 | 1.28 | 1.27 | 1.19 | 1.23 | 1.43 | 1.48 | 1.34 | 1.47 | 1.55 | 1.33 | 1.29 | 1.46 | 1.68 | 1.65 | 1.30 | 1.21 | 1.24 | 1.15 |
| EPS Growth % | -4.2% | -11.38% | -10.49% | -14.19% | -11.19% | -16.33% | -7.74% | 11.28% | 3.88% | 0.68% | -7.74% | -19.39% | -0.77% | 20.66% | 35.48% | 43.48% | 52.94% | 49.38% | 45.88% | 82.54% |
| EPS (Basic) | 1.14 | 1.09 | 1.29 | 1.27 | 1.20 | 1.23 | 1.44 | 1.49 | 1.34 | 1.48 | 1.55 | 1.33 | 1.30 | 1.47 | 1.69 | 1.66 | 1.31 | 1.21 | 1.24 | 1.16 |
| Diluted Shares Outstanding | 209.32M | 209.89M | 210.9M | 212.16M | 213.48M | 216.49M | 215.23M | 217.54M | 218.81M | 219.32M | 219.67M | 220.4M | 221.36M | 222.18M | 222.18M | 227.61M | 230.35M | 231.36M | 232.32M | 233.12M |
| Basic Shares Outstanding | 208.28M | 209.89M | 210.9M | 212.16M | 212.4M | 215.33M | 214.09M | 216.37M | 218.14M | 219.32M | 219.6M | 220.4M | 219.91M | 222.14M | 222.14M | 227.61M | 230.35M | 231.24M | 232.09M | 233.12M |
| Dividend Payout Ratio | 25.39% | 25.46% | 21.66% | 21.98% | 23.36% | 21.06% | 18.03% | 17.37% | 19.37% | 13.51% | 12.87% | 14.97% | 15.45% | 10.2% | 8.85% | 9% | 11.41% | 8.24% | 8.02% | 8.6% |