How does Old Dominion Freight Line (ODFL) make money?

Old Dominion Freight Line (ODFL) generates revenue primarily from L T L Service Revenue, which accounted for 99.1% of total revenue in TTM through Q1 2026. The company reported $5.46B in revenue and converted 18.5% of it into net profit, equivalent to roughly $1.01B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Old Dominion Freight Line (ODFL)?

Old Dominion Freight Line (ODFL) reported a gross profit margin of 30.9% in TTM through Q1 2026, equivalent to $1.69B in gross profit on $5.46B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Old Dominion Freight Line (ODFL)?

Old Dominion Freight Line (ODFL) reported an operating profit margin of 24.6% in TTM through Q1 2026, equivalent to $1.34B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Old Dominion Freight Line (ODFL)?

Old Dominion Freight Line (ODFL) reported a net profit margin of 18.5% in TTM through Q1 2026, equivalent to $1.01B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Old Dominion Freight Line (ODFL) profitable?

Yes. Old Dominion Freight Line (ODFL) reported $1.01B in net income for TTM through Q1 2026, with a net profit margin of 18.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Old Dominion Freight Line (ODFL) spend on capital expenditures?

Old Dominion Freight Line (ODFL) spent $389.46M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 7.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Old Dominion Freight Line (ODFL) generate?

Old Dominion Freight Line (ODFL) generated $1.02B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 18.7%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Old Dominion Freight Line (ODFL)?

Old Dominion Freight Line (ODFL) had an effective tax rate of 24.8% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Old Dominion Freight Line (ODFL)?

Old Dominion Freight Line (ODFL) reports revenue across 2 reportable product segments, led by L T L Service Revenue at 99.1% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Old Dominion Freight Line Makes Money: 2026 Visual Revenue Map

Old Dominion Freight Line (ODFL) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 6, 2026).

Old Dominion Freight Line discloses geographic revenue only in annual filings. to view the full breakdown.

Old Dominion Freight Line (ODFL) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Old Dominion Freight Line (ODFL) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
L T L Service Revenue	$5.41B	99.1%
Other Service Revenue	$49.02M	0.9%
Total	$5.46B	100%

L T L Service Revenue$5.41B
Other Service Revenue$49.02M
Total$5.46B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Old Dominion Freight Line (ODFL) reports revenue across 2 operating segments; the largest segment was L T L Service Revenue at 99.1%, followed by Other Service Revenue (0.9%).

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