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Old Dominion Freight Line

OverviewSuggest Edit

Old Dominion Freight Line is a union-free motor carrier providing regional, inter-regional and national less-than-truckload (LTL) services. The Company's LTL services include ground and air expedited transportation for time-sensitive shipments, consumer household pickup and delivery and freight delivery services. Old Dominion Freight Line also offers a range of other value-added services that include container drayage, truckload brokerage, supply chain consulting and warehousing.

TypePublic
Founded1934
HQThomasville, NC, USMap
Websiteodfl.com
Employee Ratings3.8More
Overall CultureB+More
View Jobs (1,671)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)20,105(-5%)
Job Openings1,671
Revenue (FY, 2020)$4 B(-2%)
Share Price (Oct 2021)$321.7
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Old Dominion Freight Line

David S. Congdon

David S. Congdon

Executive Chairman
Sherry A. Aaholm

Sherry A. Aaholm

Independent Director
Greg C. Gantt

Greg C. Gantt

President and Chief Executive Officer
John R. Congdon

John R. Congdon

Director
Bradley R. Gabosch

Bradley R. Gabosch

Independent Director
David J. Bates

David J. Bates

Senior Vice President - Operations
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Old Dominion Freight Line Office Locations

Old Dominion Freight Line has offices in Thomasville, Lexington and Winnipeg
Thomasville, NC, US (HQ)
500 Old Dominion Way
Lexington, KY, US
427 Transport Ct
Winnipeg, CA
68 Lowson Crescent
Show all (3)

Old Dominion Freight Line Financials and Metrics

Old Dominion Freight Line Revenue

Old Dominion Freight Line's revenue was reported to be $4.02 b in FY, 2020
USD

Revenue (Q1, 2021)

1.1b

Net income (Q1, 2021)

199.4m

EBIT (Q1, 2021)

269.7m

Market capitalization (22-Oct-2021)

37.3b

Closing stock price (22-Oct-2021)

321.7

Cash (31-Mar-2021)

351.9m

EV

37.1b
Old Dominion Freight Line's current market capitalization is $37.3 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.5b1.9b2.1b2.3b2.8b3.0b3.0b3.4b4.0b4.1b4.0b

Revenue growth, %

19%7%1%

Cost of goods sold

244.3m355.2m378.5m385.2m432.7m353.9m323.0m381.8m

Gross profit

1.2b1.5b1.7b2.0b2.4b2.6b2.7b3.0b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

368.3m396.0m422.7m480.3m494.5m497.1m541.5m544.5m532.6m590.3m616.5m620.3m703.0m743.6m696.2m762.2m779.5m707.7m755.4m782.6m754.1m839.9m873.0m925.0m1.0b1.1b990.8m1.1b1.0b987.4m896.2m1.1b1.1b

Cost of goods sold

59.6m62.7m82.6m90.7m91.4m94.2m93.7m94.7m95.7m95.1m96.8m106.3m109.9m111.7m88.0m93.4m88.7m75.4m80.3m83.2m91.0m88.6m95.5m114.1m

Gross profit

308.7m333.2m340.0m389.6m403.1m402.9m447.8m449.8m436.9m495.2m519.7m514.0m593.1m631.9m608.2m668.8m690.8m632.4m675.1m699.4m663.1m751.3m777.4m811.0m

Gross profit Margin, %

84%84%80%81%82%81%83%83%82%84%84%83%84%85%87%88%89%89%89%89%88%89%89%88%
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Annual
USDY, 2009Y, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012Y, 2013FY, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

4.2m5.5m5.5m75.9m75.9m12.9m12.9m30.2m30.2m34.8m34.8m11.5m11.5m10.2m127.5m190.3m403.6m401.4m

Accounts Receivable

173.0m213.5m219.0m10.2m248.1m303.2m44.7m34.5m310.5m14.4m394.2m427.6m397.6m444.7m

Prepaid Expenses

17.8m18.6m21.8m21.3m21.1m25.2m41.4m47.7m55.1m57.4m

Inventories

21.3m21.1m25.2m38.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

4.8m5.1m88.1m28.7m42.3m54.2m11.0m6.9m29.2m7.4m12.1m41.2m19.8m8.2m113.0m12.8m11.4m7.1m10.7m15.0m47.6m33.8m78.1m159.9m140.6m177.5m280.6m229.0m322.3m357.0m518.6m420.4m351.9m

Accounts Receivable

162.7m176.6m196.7m212.5m222.5m228.4m241.4m248.3m248.2m267.7m268.2m285.2m302.3m322.4m317.7m330.1m337.7m311.7m319.0m333.0m332.2m363.8m391.9m412.9m456.9m466.5m447.2m450.0m425.9m419.1m387.3m453.3m496.1m

Prepaid Expenses

18.2m19.1m22.0m21.3m18.8m23.4m25.4m25.5m26.1m26.3m23.7m33.4m29.7m29.8m28.7m34.4m30.4m32.3m33.7m31.3m39.6m40.6m35.6m37.0m42.7m36.6m47.9m54.3m46.6m46.4m54.2m49.9m55.5m

Current Assets

206.8m221.1m330.3m296.1m318.6m327.9m301.2m305.7m325.0m324.1m333.3m389.0m382.4m394.6m499.9m421.7m436.2m355.6m371.9m389.2m425.1m444.6m513.1m615.5m647.6m696.3m783.9m741.4m807.0m831.0m968.6m1.1b1.2b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

75.7m139.5m169.5m206.1m267.5m304.7m295.8m463.8m605.7m615.5m672.7m

Depreciation and Amortization

80.4m90.8m110.7m127.1m146.5m165.3m189.9m205.8m230.4m253.7m

Accounts Payable

(4.2m)12.9m2.8m(8.1m)8.5m21.5m22.4m(15.5m)4.8m(8.3m)(1.7m)

Cash From Operating Activities

141.1m277.4m328.1m350.7m391.7m553.9m565.6m536.3m900.1m983.9m933.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

29.2m53.6m21.6m61.0m99.6m31.1m78.9m130.0m40.6m98.8m159.0m45.9m119.7m197.6m62.5m148.1m232.5m60.3m141.7m227.3m65.8m164.2m266.5m109.3m272.8m446.2m133.3m307.4m471.5m133.2m281.0m482.9m199.4m

Depreciation and Amortization

41.1m60.5m21.1m43.1m66.5m25.5m52.1m80.8m29.8m60.4m93.3m34.1m69.2m106.9m38.8m78.6m121.1m44.8m91.3m140.3m50.3m100.7m152.7m53.5m109.7m167.8m63.1m125.6m189.1m65.4m131.2m

Cash From Operating Activities

69.2m110.2m73.8m119.2m200.3m78.3m144.4m222.7m63.5m153.9m253.4m99.6m181.7m278.0m172.6m254.2m372.3m168.4m292.2m410.1m110.8m238.5m388.0m211.2m424.7m675.4m206.2m461.9m747.5m204.0m516.2m686.5m310.3m

Purchases of PP&E

(45.6m)(69.1m)(58.4m)(142.4m)(209.9m)(89.4m)(210.0m)(309.7m)(26.9m)(156.4m)(229.2m)(79.8m)(218.6m)(312.0m)(72.2m)(231.3m)(362.0m)(120.3m)(295.5m)(351.1m)(57.0m)(188.3m)(288.8m)(100.6m)(292.3m)(469.9m)(70.7m)(230.0m)(370.3m)(52.2m)(120.1m)(166.5m)(51.0m)
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Show all financial metrics

Old Dominion Freight Line Operating Metrics

FY, 2014FY, 2015FY, 2016

Drivers

8.73 k9.48 k9.38 k

Service Centers

222225226

Vehicle Fleet

34.17 k37.89 k40.52 k
Show all operating metrics

Old Dominion Freight Line Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

Learn more about our premium products
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Old Dominion Freight Line Online and Social Media Presence

Old Dominion Freight Line's Trends

Embed Graph

Old Dominion Freight Line Company Culture

  • Overall Culture

    B+

    85/100

  • CEO Rating

    A+

    87/100

  • Compensation

    A-

    85/100

Learn more on Comparably

Old Dominion Freight Line News and Updates

November 03, 2020

After A 65% Rally Old Dominion Freight Line Stock Looks Expensive

Old Dominion Freight Line stock is up 48% since the start of the year and it has gained around 65% from its March lows. Old Dominion Freight Line, an American less than truckload shipping company, faces downside risk as the company’s revenues in the last two quarters have declined by 8%...
February 21, 2020

Old Dominion Freight Line sets 3-for-2 stock split

Old Dominion Freight Line Inc. announced Friday plans for a 3-for-2 split of its common stock. The less-than-truckload services company's shareholders will issued one additional share for every two shares they own, with the additional share distributed on March 24 to shareholders of record on March…
April 03, 2019

Old Dominion Freight Line to Reveal New Outfield Truck at the New York Mets’ Citi Field

LTL carrier announces unique activation as a longtime Mets partner for 2019 season LTL carrier announces unique activation as a longtime Mets partner for 2019 season
November 26, 2018

Old Dominion Freight Line Selected as No. 1 National LTL Carrier for Quality by MASTIO for Ninth Consecutive Year

Comprehensive survey recognizes Old Dominion for premium service Comprehensive survey recognizes Old Dominion for premium service
November 13, 2018

Forbes Names Old Dominion Freight Line ‘World’s Best Employer’

LTL carrier ranked among top 500 global companies LTL carrier ranked among top 500 global companies

 Old Dominion Freight Line Frequently Asked Questions

  • When was Old Dominion Freight Line founded?

    Old Dominion Freight Line was founded in 1934.

  • Who are Old Dominion Freight Line key executives?

    Old Dominion Freight Line's key executives are David S. Congdon, Sherry A. Aaholm and Greg C. Gantt.

  • How many employees does Old Dominion Freight Line have?

    Old Dominion Freight Line has 20,105 employees.

  • What is Old Dominion Freight Line revenue?

    Latest Old Dominion Freight Line annual revenue is $4 b.

  • What is Old Dominion Freight Line revenue per employee?

    Latest Old Dominion Freight Line revenue per employee is $199.7 k.

  • Who are Old Dominion Freight Line competitors?

    Competitors of Old Dominion Freight Line include Expeditors International, Saia and Werner Enterprises.

  • Where is Old Dominion Freight Line headquarters?

    Old Dominion Freight Line headquarters is located at 500 Old Dominion Way, Thomasville.

  • Where are Old Dominion Freight Line offices?

    Old Dominion Freight Line has offices in Thomasville, Lexington and Winnipeg.

  • How many offices does Old Dominion Freight Line have?

    Old Dominion Freight Line has 3 offices.