Old Dominion Freight Line Inc
NASDAQ: ODFL · INDUSTRIALS · TRUCKING
Updated 2026-06-15
Old Dominion Freight Line Inc (ODFL) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $892.19M | $981.05M | $1.07B | $1.16B | $1.24B | $1.51B | $1.71B | $1.93B | $2.24B | $2.47B | $2.70B | $3.07B | $3.55B | $4.00B | $4.82B | $4.84B | $4.84B | $5.51B | $5.49B | $5.59B |
| Cash & equivalents | $2.56M | $6.33M | $24.10M | $4.17M | $5.45M | $75.85M | $12.86M | $30.17M | $34.79M | $11.47M | $10.17M | $127.46M | $190.28M | $403.57M | $462.56M | $186.31M | $186.31M | $433.80M | $108.68M | $120.09M |
| Current assets | $256.37M | $216.28M | $209.23M | $174.18M | $222.58M | $331.85M | $275.03M | $332.98M | $403.77M | $381.73M | $382.62M | $584.65M | $706.23M | $866.83M | $1.38B | $933.74M | $933.74M | $1.14B | $720.68M | $694.83M |
| Total liabilities | $474.57M | $491.60M | $516.78M | $566.28M | $571.23M | $656.55M | $686.54M | $700.01M | $742.17M | $781.87M | $845.09M | $791.57M | $864.80M | $914.85M | $1.14B | $1.19B | $1.19B | $1.25B | $1.25B | $1.28B |
| Current liabilities | $121.55M | $127.72M | $142.19M | $148.13M | $170.05M | $204.81M | $225.14M | $232.12M | $255.64M | $285.40M | $288.64M | $351.05M | $356.73M | $366.08M | $464.23M | $529.79M | $529.79M | $544.66M | $540.53M | $483.91M |
| Long-term debt | $261.88M | $251.56M | $240.02M | $268.86M | $234.09M | $229.83M | $201.43M | $155.71M | $120.00M | $105.83M | $104.97M | $45.00M | $45.00M | $45.00M | $99.93M | $99.95M | $79.96M | $59.98M | $39.99M | $20.00M |
| Shareholder equity | $417.62M | $489.45M | $558.13M | $593.00M | $668.65M | $856.52M | $1.03B | $1.23B | $1.49B | $1.68B | $1.85B | $2.28B | $2.68B | $3.08B | $3.68B | $3.65B | $3.65B | $4.26B | $4.24B | $4.31B |
| Retained earnings | $323.00M | $394.83M | $463.51M | $498.38M | $574.03M | $713.50M | $882.95M | $1.09B | $1.35B | $1.54B | $1.71B | $2.13B | $2.53B | $2.85B | $3.49B | $3.40B | $3.40B | $4.00B | $4.00B | $4.06B |
| Accounts receivable | $144.99M | $158.16M | $146.54M | $140.92M | $180.70M | $217.92M | $220.36M | $258.29M | $347.90M | $345.05M | $334.49M | $415.78M | $468.26M | $408.17M | $599.10M | $605.13M | $605.13M | $615.32M | $527.69M | $494.34M |
| Inventory | — | — | — | — | $-180.70M | $-217.92M | $-220.36M | $-258.29M | $-347.90M | $-345.05M | $-334.49M | $-415.78M | $-468.26M | $-454.22M | $-599.10M | $-605.13M | $-605.13M | $-17.88M | — | — |
| Goodwill | $13.55M | $18.54M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | $19.46M | — | — | — | — | — | — |
Frequently asked questions
What is Old Dominion Freight Line Inc's revenue?
Old Dominion Freight Line Inc's trailing twelve-month revenue is $5.46B, and consensus projects about $8.29B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ODFL?
In its most recent fiscal year, ODFL ran a gross margin of 32.15%, an operating margin of 24.76%, and a net margin of 18.63%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ODFL generate?
ODFL produced $955.10M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ODFL's balance sheet healthy?
ODFL holds $120.09M in cash and equivalents against $20.00M in long-term debt, on $4.31B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.