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Old Dominion Freight Line Inc. (NASDAQ: ODFL)

Trucking ยท Thomasville, NC, United States ยท Founded 1934

$40.0B
Market Cap
$6.0B
Revenue
24,000
Employees
$1.02B
Net Income
๐Ÿ“Š Key Statistics for Old Dominion Freight Line Inc. (ODFL)
  • Market capitalization: $40.0 billion
  • Annual revenue: $6.0 billion
  • Net income: $1.02 billion
  • Employees: 24,000
  • Sector: Industrials
  • Headquarters: Thomasville, United States
  • Founded: 1934

Source: Statvoo company profile for Old Dominion Freight Line Inc.. Browse all 500+ companies

๐Ÿ“‹ About Old Dominion Freight Line Inc.

Old Dominion is the best-in-class less-than-truckload (LTL) carrier in the US, consistently delivering the highest margins and best service in the industry. LTL carriers consolidate shipments from multiple customers into single trucks โ€” it's more complex than full truckload but carries better pricing. OD's service quality is legendary.

๐Ÿ’ฐ How Old Dominion Freight Line Inc. Makes Money

Revenue from LTL freight shipments, priced based on weight, distance, and freight class. Old Dominion's premium service (on-time delivery, low claims ratio) lets them charge higher rates than competitors. The 250+ service center network provides national coverage.

๐Ÿ“œ Key Milestones

Founded in 1934 in Richmond, Virginia, Old Dominion has been family-influenced for decades. They've grown from a regional carrier to a national LTL powerhouse through organic expansion rather than acquisitions โ€” unusual in an industry built on M&A. The operating ratio has improved almost every year for two decades.

๐Ÿ“Š Financial Overview
Market Capitalization$40.0B
Annual Revenue$6.0B
Net Income$1.02B
Profit Margin17%
Revenue per Employee$250000K
Stock ExchangeNASDAQ
Ticker SymbolODFL

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Old Dominion's on-time delivery rate exceeds 99%, and their cargo claims ratio is a fraction of the industry average. The company has never made a major acquisition โ€” all growth has been organic, which is almost unheard of in trucking.

๐Ÿ“ Analyst Take

Old Dominion is the best-run trucking company in America. The service quality moat is real โ€” customers pay a premium because OD doesn't lose or damage their stuff.

โ“ Frequently Asked Questions

What is Old Dominion Freight Line Inc.'s revenue?

Old Dominion Freight Line Inc. generates approximately $6.0 billion in annual revenue.

How many employees does Old Dominion Freight Line Inc. have?

Old Dominion Freight Line Inc. employs approximately 24,000 people worldwide.

What is Old Dominion Freight Line Inc.'s market cap?

Old Dominion Freight Line Inc. (ODFL) has a market capitalization of approximately $40.0 billion on the NASDAQ.

When was Old Dominion Freight Line Inc. founded?

Old Dominion Freight Line Inc. was founded in 1934 and is headquartered in Thomasville, NC, United States.

Who is the CEO of Old Dominion Freight Line Inc.?

Marty Freeman is the current CEO of Old Dominion Freight Line Inc..

What is Old Dominion Freight Line Inc.'s website?

Old Dominion Freight Line Inc.'s official website is odfl.com.