financial statements

The full income statement, balance sheet, and cash-flow statement for Old Dominion Freight Line Inc. (ODFL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	5.50B YoY-5.5%	5.81B YoY-0.9%	5.87B YoY-6.3%	6.26B YoY+19.1%	5.26B YoY+30.9%
Operating income	1.36B YoY-11.8%	1.54B YoY-5.9%	1.64B YoY-10.9%	1.84B YoY+32.3%	1.39B YoY+53.4%
Other non-operating income	-3.59M YoY-12.1%	-3.20M YoY+38.8%	-5.23M YoY-100.9%	-2.60M YoY-16.4%	-2.24M YoY+51.0%
Pre-tax income	1.36B YoY-12.6%	1.56B YoY-5.5%	1.65B YoY-10.5%	1.84B YoY+32.6%	1.39B YoY+54.0%
Income tax	338M YoY-9.1%	372M YoY-9.0%	408M YoY-12.0%	464M YoY+31.1%	354M YoY+54.8%
Net income	1.02B YoY-13.7%	1.19B YoY-4.3%	1.24B YoY-10.0%	1.38B YoY+33.1%	1.03B YoY+53.8%
	$4.84 YoY-11.7%	$5.48 YoY-2.7%	$5.63 YoY-7.6%	$6.09 YoY-31.5%	$8.89 YoY+56.5%
EPS (basic)	$4.86 YoY-11.8%	$5.51 YoY-2.7%	$5.66 YoY-7.7%	$6.13 YoY-31.4%	$8.94 YoY+56.6%
Weighted-avg shares (basic)	211M YoY-2.2%	215M YoY-1.6%	219M YoY-2.6%	225M YoY+94.3%	116M YoY-1.8%
Weighted-avg shares (diluted)	212M YoY-2.3%	216M YoY-1.7%	220M YoY-2.6%	226M YoY+94.3%	116M YoY-1.8%
Dividends per share	$1.12 YoY+7.7%	$1.04 YoY+30.0%	$0.80 YoY+33.3%	$0.60 YoY-25.0%	$0.80 YoY+33.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	695M YoY-3.6%	721M YoY-37.0%	1.14B YoY+22.4%	934M YoY-32.5%	1.38B YoY+11.3%
Cash & equivalents	120M YoY+10.5%	109M YoY-74.9%	434M YoY+132.8%	186M YoY-59.7%	463M YoY+15.2%
Short-term investments	0.00	0.00	0.00 YoY-100.0%	49.4M YoY-80.6%	254M YoY-23.0%
Accounts receivable	472M YoY-5.9%	502M YoY-13.4%	579M YoY+0.0%	579M YoY+2.0%	567M YoY+27.6%
Prepaid expenses	80.4M YoY-4.6%	84.3M YoY-10.5%	94.2M YoY+1.4%	92.9M YoY+37.3%	67.7M YoY+17.9%
	5.47B YoY-0.4%	5.49B YoY-0.4%	5.51B YoY+13.9%	4.84B YoY+0.4%	4.82B YoY+10.3%
Property, plant & equipment	4.50B YoY-0.0%	4.51B YoY+10.0%	4.10B YoY+11.1%	3.69B YoY+14.7%	3.22B YoY+10.4%
Operating lease right-of-use	96.8M YoY-7.1%	104M YoY-10.5%	116M YoY+22.3%	95.2M YoY-5.1%	100M YoY-3.9%
Goodwill	19.5M YoY+0.0%	19.5M YoY+0.0%	19.5M YoY+0.0%	19.5M YoY+0.0%	19.5M YoY+0.0%
Other non-current assets	271M YoY+2.2%	265M YoY-3.1%	274M YoY+25.6%	218M YoY-1.9%	222M YoY+4.7%
	484M YoY-10.5%	541M YoY-0.8%	545M YoY+2.8%	530M YoY+14.1%	464M YoY+24.4%
Accounts payable	62.7M YoY-31.7%	91.8M YoY-18.6%	113M YoY+6.1%	106M YoY+28.8%	82.5M YoY+20.4%
Accrued liabilities	70.1M YoY-0.5%	70.4M YoY+1.2%	69.6M YoY+34.0%	51.9M YoY-16.2%	62.0M YoY+20.3%
Short-term & current debt	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M YoY-55.6%	45.0M YoY+0.0%
Current lease liability	17.2M YoY+9.6%	15.7M YoY+0.6%	15.6M YoY-9.8%	17.3M YoY+23.6%	14.0M YoY+7.7%
	1.16B YoY-7.0%	1.25B YoY-0.6%	1.25B YoY+5.8%	1.19B YoY+3.8%	1.14B YoY+9.5%
Long-term debt	20.0M YoY-55.6%	45.0M YoY+0.0%	45.0M YoY+0.0%	45.0M YoY+0.0%	45.0M YoY+0.0%
Non-current lease liability	84.2M YoY-9.1%	92.6M YoY-11.6%	105M YoY+29.7%	80.8M YoY-9.0%	88.8M YoY-4.8%
Deferred tax liabilities	371M YoY-2.9%	382M YoY+5.2%	363M YoY+16.9%	311M YoY+24.8%	249M YoY+12.9%
Other non-current liabilities	285M YoY+0.1%	284M YoY-0.9%	287M YoY+8.1%	265M YoY-19.3%	329M YoY-6.0%
Total non-current liabilities	675M YoY-4.4%	706M YoY-0.5%	710M YoY+8.2%	656M YoY-3.2%	678M YoY+1.1%
	4.31B YoY+1.6%	4.24B YoY-0.3%	4.26B YoY+16.6%	3.65B YoY-0.7%	3.68B YoY+10.6%
Additional paid-in capital	235M YoY+2.9%	228M YoY-1.5%	231M YoY-5.4%	245M YoY+40.2%	174M YoY-23.0%
Retained earnings	4.06B YoY+1.5%	4.00B YoY-0.2%	4.00B YoY+17.9%	3.40B YoY-2.8%	3.49B YoY+13.1%
Total liabilities & equity	5.47B YoY-0.4%	5.49B YoY-0.4%	5.51B YoY+13.9%	4.84B YoY+0.4%	4.82B YoY+10.3%
Common shares outstanding	209M YoY-2.1%	213M YoY-2.3%	218M YoY+97.7%	110M YoY-4.2%	115M YoY-1.7%
Shares outstanding (cover)	209M YoY-2.1%	213M YoY+95.7%	109M YoY-1.2%	110M YoY-3.9%	115M YoY-2.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.37B YoY-17.4%	1.66B YoY+5.7%	1.57B YoY-7.2%	1.69B YoY+39.5%	1.21B YoY+30.0%
Depreciation & amortization	365M YoY+5.8%	345M YoY+6.2%	324M YoY+17.5%	276M YoY+6.2%	260M YoY-0.5%
Share-based compensation	12.9M YoY+13.3%	11.3M YoY+2.4%	11.1M YoY-30.3%	15.9M YoY+5.7%	15.0M YoY+32.7%
Deferred income taxes	-11.2M YoY-158.2%	19.3M YoY-63.7%	53.3M YoY-14.0%	62.0M YoY+105.6%	30.2M YoY+173.6%
Change in payables	-29.1M YoY-39.0%	-21.0M YoY-422.4%	6.50M YoY-72.6%	23.8M YoY+69.6%	14.0M YoY+903.7%
	-366M YoY+51.2%	-751M YoY-13.8%	-660M YoY-20.5%	-547M YoY-20.2%	-455M YoY+17.5%
Capital expenditure	415M YoY-46.2%	771M YoY+1.8%	757M YoY-2.3%	775M YoY+40.9%	550M YoY+144.4%
Proceeds from sale of PP&E	48.5M YoY+141.1%	20.1M YoY-58.6%	48.6M YoY+120.1%	22.1M YoY+13.0%	19.5M YoY+429.8%
Other investing activities	-100K	—	—	—	500K YoY+400.0%
	-992M YoY+19.5%	-1.23B YoY-86.3%	-662M YoY+53.4%	-1.42B YoY-104.0%	-696M YoY-81.5%
Long-term debt repaid	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M	—	—
Common stock repurchased	730M YoY-24.5%	967M YoY+113.2%	454M YoY-64.5%	1.28B YoY+138.1%	536M YoY+47.4%
Dividends paid	236M YoY+5.4%	224M YoY+27.7%	175M YoY+30.2%	134M YoY+45.6%	92.4M YoY+30.1%
Other financing activities	-6.33M YoY+71.6%	-22.3M YoY-69.9%	-13.1M YoY-51.6%	-8.66M YoY-78.4%	-4.85M YoY-45.1%
Net change in cash	11.4M YoY+103.5%	-325M YoY-231.4%	247M YoY+189.6%	-276M YoY-551.9%	61.1M YoY+2955.4%
Interest paid	4.46M YoY+53.5%	2.91M YoY-16.5%	3.48M YoY-11.9%	3.95M YoY-6.6%	4.23M YoY-25.6%
Income taxes paid	332M YoY-1.7%	338M YoY-6.6%	361M YoY-8.8%	397M YoY+12.4%	353M YoY+32.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	32.8B YoY-12.9%	37.7B YoY+70.3%	22.1B YoY+41.1%	15.7B YoY-23.9%	20.6B YoY+80.0%
P/E	32.0× YoY+0.9%	31.8× YoY+77.9%	17.8× YoY+49.9%	11.9× YoY-40.2%	19.9× YoY+17.0%
P/S	6.0× YoY-7.9%	6.5× YoY+71.5%	3.8× YoY+47.2%	2.6× YoY-34.5%	3.9× YoY+37.5%
P/B	7.6× YoY-14.3%	8.9× YoY+62.8%	5.5× YoY+22.3%	4.5× YoY-20.4%	5.6× YoY+62.7%
P/FCF	34.3× YoY-19.1%	42.4× YoY+9.6%	38.7× YoY+144.1%	15.9× YoY-49.0%	31.1× YoY+92.3%
Earnings yield	3.1% YoY-0.9%	3.1% YoY-43.8%	5.6% YoY-33.3%	8.4% YoY+67.3%	5.0% YoY-14.6%
FCF yield	2.9% YoY+23.6%	2.4% YoY-8.7%	2.6% YoY-59.0%	6.3% YoY+96.1%	3.2% YoY-48.0%
Dividend yield	0.7% YoY+21.2%	0.6% YoY+49.4%	0.4% YoY-6.7%	0.4% YoY-5.3%	0.4% YoY-27.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: ODFL's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ODFL filings on SEC EDGAR → Not investment advice.

ODFL▼ financial statements

About this data

financial statements