Old Dominion Freight Line Files 2024 10-K
Ticker: ODFL · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, transportation
TL;DR
ODFL filed its 2024 10-K. Full financials and ops details out.
AI Summary
Old Dominion Freight Line, Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered in Thomasville, NC, operates in the trucking industry. Key financial data and operational details for the period are disclosed in this annual report.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of Old Dominion's financial performance and strategic positioning for the fiscal year 2024, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a standard annual financial filing (10-K) for a publicly traded company, providing routine disclosures.
Key Numbers
- 560751714 — IRS Number (Company Identification)
- 000-19582 — SEC File Number (Company Filing Identification)
Key Players & Entities
- OLD DOMINION FREIGHT LINE, INC. (company) — Filer
- Thomasville, NC (location) — Business Address
- 20241231 (date) — Fiscal Year End
- 20250225 (date) — Filing Date
FAQ
What was Old Dominion Freight Line's primary business activity as indicated in the filing?
The filing indicates Old Dominion Freight Line, Inc. operates in the TRUCKING (NO LOCAL) [4213] industry.
When did Old Dominion Freight Line, Inc. file its 10-K report?
Old Dominion Freight Line, Inc. filed its 10-K report on February 25, 2025.
What is the fiscal year end for Old Dominion Freight Line, Inc. as reported in this 10-K?
The fiscal year end for Old Dominion Freight Line, Inc. is December 31, 2024.
Where is Old Dominion Freight Line, Inc. headquartered?
Old Dominion Freight Line, Inc. is headquartered at 500 Old Dominion Way, Thomasville, NC 27360.
What is the SEC Act under which this 10-K was filed?
This 10-K was filed under the 1934 Act.
From the Filing
0000950170-25-026661.txt : 20250225 0000950170-25-026661.hdr.sgml : 20250225 20250225161123 ACCESSION NUMBER: 0000950170-25-026661 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLD DOMINION FREIGHT LINE, INC. CENTRAL INDEX KEY: 0000878927 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 560751714 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19582 FILM NUMBER: 25663222 BUSINESS ADDRESS: STREET 1: 500 OLD DOMINION WAY CITY: THOMASVILLE STATE: NC ZIP: 27360 BUSINESS PHONE: 3368895000 MAIL ADDRESS: STREET 1: 500 OLD DOMINION WAY CITY: THOMASVILLE STATE: NC ZIP: 27360 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION FREIGHT LINE INC/VA DATE OF NAME CHANGE: 19930328 10-K 1 odfl-20241231.htm 10-K 10-K 0000878927 FY false http://fasb.org/us-gaap/2024#UsefulLifeTermOfLeaseMember http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://odfl.com/20241231#PresidentAndCEOMember 0000878927 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000878927 odfl:May2024ASRAgreementMember 2024-01-01 2024-12-31 0000878927 srt:MinimumMember 2024-01-01 2024-12-31 0000878927 odfl:LTLServiceRevenueMember 2022-01-01 2022-12-31 0000878927 srt:MaximumMember us-gaap:InternalRevenueServiceIRSMember 2024-01-01 2024-12-31 0000878927 us-gaap:PhantomShareUnitsPSUsMember 2023-12-31 0000878927 country:US 2023-01-01 2023-12-31 0000878927 us-gaap:RestrictedStockMember 2023-01-01 2023-12-31 0000878927 us-gaap:LetterOfCreditMember 2024-12-31 0000878927 us-gaap:NonUsMember srt:MaximumMember 2024-01-01 2024-12-31 0000878927 odfl:August2021ASRAgreementMember 2021-08-26 2021-08-26 0000878927 us-gaap:StateAndLocalJurisdictionMember srt:MaximumMember 2024-01-01 2024-12-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0000878927 odfl:May2024ASRAgreementMember 2024-05-28 0000878927 2023-04-01 2023-06-30 0000878927 us-gaap:PhantomShareUnitsPSUsMember 2024-01-01 2024-12-31 0000878927 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0000878927 odfl:LTLServiceRevenueMember 2023-01-01 2023-12-31 0000878927 2024-06-30 0000878927 2024-02-16 2024-02-16 0000878927 srt:MinimumMember odfl:StructuresMember 2024-12-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000878927 odfl:February2022ASRAgreementMember 2024-01-01 2024-12-31 0000878927 us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember 2024-01-01 2024-12-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000878927 us-gaap:NonUsMember srt:MaximumMember 2023-01-01 2023-12-31 0000878927 srt:MaximumMember 2024-12-31 0000878927 odfl:AmendedRevolvingCreditFacilityMember 2019-11-21 0000878927 us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember srt:MaximumMember 2024-01-01 2024-12-31 0000878927 odfl:August2021ASRAgreementMember 2021-08-26 0000878927 country:US 2022-01-01 2022-12-31 0000878927 2023-10-01 2023-12-31 0000878927 us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember srt:MinimumMember 2024-01-01 2024-12-31 0000878927 us-gaap:RestrictedStockMember 2024-12-31 0000878927 us-gaap:CommonStockMember 2022-12-31 0000878927 odfl:LTLServiceRevenueMember 2024-01-01 2024-12-31 0000878927 odfl:StockIncentivePlan2016Member 2024-12-31 0000878927 us-gaap:SeriesBMember 2023-05-04 2023-05-04 0000878927 us-gaap:CommonStockMember 2024-12-31 0000878927 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000878927 odfl:RevenueEquipmentMember srt:MaximumMember 20