ODFL · 10-Q · 2026Q3 · Full report

Capital Expenditure Outlook

OLD DOMINION FREIGHT LINE, INC. · 2026-11-04 · Importance 54 · Surprise 24 · In source text

Old Dominion estimates 2026 capital expenditures of approximately $380 million, below its historical annual range of 10% to 15% of revenue as it uses available capacity in its existing network for growth. The estimate includes approximately $180 million for service center facilities, $155 million for tractors and trailers, and $45 million for technology and other assets. The company expects to fund the spending primarily with operating cash flows and cash on hand, with Credit Agreement borrowings available if needed, and says liquidity is sufficient for expected expenditures over the next 12 months and longer term.

Key facts

• OLD DOMINION FREIGHT LINE, INC. expects 2026 capital expenditures of approximately $380 million, including approximately $180 million for service center facilities, $155 million for tractors and trailers, and $45 million for technology and other assets. source
• OLD DOMINION FREIGHT LINE, INC. expects 2026 capital expenditures to remain below its historical 10%–15% of revenue range as it uses available capacity within its existing network for growth. source
• OLD DOMINION FREIGHT LINE, INC. expects to fund its capital expenditures primarily through operating cash flows and existing cash, with Credit Agreement borrowings available if needed. source

Impact estimates