Below are the financial statements of Old Dominion Freight Line, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue from operations | 5,814.81a | 5,866.15a | 6,260.08a |
| Operating expenses | — | — | — |
| Salaries, wages and benefits | -2,689.31a | -2,629.68a | -2,716.84a |
| Operating supplies and expenses | -635.32a | -718.33a | -852.96a |
| General supplies and expenses | -176.55a | -162.42a | -160a |
| Operating taxes and licenses | -144.69a | -145.64a | -141.24a |
| Insurance and claims | -92.36a | -75.37a | -58.3a |
| Communications and utilities | -40.83a | -43.27a | -40.58a |
| Depreciation and amortization | -344.57a | -324.44a | -276.05a |
| Purchased transportation | -122.82a | -121.52a | -158.11a |
| Miscellaneous expenses, net | -24.37a | -4.83a | -15.37a |
| Total operating expenses | -4,270.81a | -4,225.48a | -4,419.45a |
| Operating income | 1,544a | 1,640.67a | 1,840.63a |
| Non-operating (income) expense | — | — | — |
| Interest expense | -0.21a | -0.46a | -1.56a |
| Interest income | -17.01a | -12.8a | -4.88a |
| Other expense, net | -3.2a | -5.23a | -2.6a |
| Total non-operating income | -13.6a | -7.1a | -0.72a |
| Income before income taxes | 1,557.6a | 1,647.78a | 1,841.35a |
| Provision for income taxes | -371.52a | -408.27a | -464.19a |
| Net income | 1,186.07a | 1,239.5a | 1,377.16a |
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