ODFL · 10-Q · 2026Q3

OLD DOMINION FREIGHT LINE, INC.

Filed 2026-11-04 · Other · View original filing on EDGAR

Everything ODFL's SEC filings said, ranked

Ranked Events

• Liquidity and Cash PositionImportance 65 · Surprise 64
  Cash and cash equivalents increased by $346.1 million in the first nine months of 2026 to $466.2 million at September 30, compared with $46.6 million a year earlier. Operating activities generated $1,115.8 million,…
• Fuel Cost VolatilityImportance 63 · Surprise 64
  The average cost per gallon of diesel fuel, excluding fuel taxes, increased 68.4% in the third quarter and 50.8% in the first nine months of 2026 compared with the same periods of 2025. Diesel fuel is the largest…
• Fuel Cost PressureImportance 63 · Surprise 64
  Operating supplies and expenses increased $45.1 million, or 31.3%, in third-quarter 2026 and $77.2 million, or 17.7%, in the first nine months, primarily because of higher diesel fuel costs. The average cost per gallon…
• Operating Margin DriversImportance 55 · Surprise 48
  The operating ratio improved to 71.5% in third-quarter 2026 from 74.3% a year earlier and to 72.4% for the first nine months from 74.8%. Operating income was 28.5% of revenue in the quarter and 27.6% for the nine-month…
• Capital Expenditure OutlookImportance 54 · Surprise 24
  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…
• Yield Management and PricingImportance 54 · Surprise 40
  LTL revenue per hundredweight increased 13.3% in the third quarter and 11.6% in the first nine months of 2026, with higher fuel surcharges contributing to both increases. Excluding fuel surcharges, the metric rose 5.1%…
• Capital Expenditure ProgramImportance 54 · Surprise 24
  Net capital expenditures were $165.7 million for the first nine months of 2026, including $78.7 million for land and structures, $87.0 million for tractors, and $11.1 million for technology. The company estimates…
• Revenue Performance and MixImportance 54 · Surprise 40
  Third-quarter 2026 revenue increased 13.1% to $1,590.7 million, while first-nine-month revenue increased 6.9% to $4,479.4 million. LTL revenue per hundredweight rose 13.3% and 11.6%, respectively, including fuel…
• Operating Expense TrendsImportance 45 · Surprise 48
  Salaries, wages and benefits increased $41.8 million, or 6.3%, in third-quarter 2026 and $37.3 million, or 1.9%, in the first nine months; higher employee benefits drove much of the increase, while average active…
• Capital Return ProgramImportance 44 · Surprise 24
  The July 2023 repurchase authorization permits up to $3.0 billion of common-stock repurchases and has no expiration date. The program began after the prior program was completed in May 2024, and $1.15 billion remained…
• Market Demand TrendsImportance 30 · Surprise 40
  Management reported improving demand trends in the third quarter of 2026, although LTL tonnage per day was nearly flat year over year in the quarter and down 4.0% in the first nine months. The nine-month decline…
• Outstanding IndebtednessImportance 16 · Surprise 6
  The company had no borrowings outstanding under its $400 million revolving Credit Agreement at September 30, 2026, with $368.2 million available after $31.8 million of letters of credit. The facility matures in March…
• Quarterly Dividend DeclarationImportance 16 · Surprise 14
  The board declared a $0.29-per-share cash dividend on October 22, 2026. The dividend is payable December 16, 2026, to shareholders of record at the close of business on December 2, 2026. The company declared dividends…
• Income Tax Rate ChangesImportance 14 · Surprise 14
  The effective tax rate was 24.5% in third-quarter 2026, down from 24.8% in third-quarter 2025. For the first nine months, the rate was 24.8%, unchanged from the comparable 2025 period. State taxes and, to a lesser…

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