Old Dominion Freight Line Q1 2025 10-Q Filed

Ticker: ODFL · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, share-repurchase, credit-agreement

Related Tickers: ODFL

TL;DR

**ODFL Q1 2025 10-Q is in! Financials and share repurchase details out.**

AI Summary

Old Dominion Freight Line, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial data and disclosures related to credit agreements and share repurchase programs are included.

Why It Matters

This filing provides investors with the latest financial performance and disclosures for Old Dominion Freight Line, offering insights into their operational health and strategic financial activities.

Risk Assessment

Risk Level: medium — The filing contains standard financial disclosures, but the transportation sector can be subject to economic volatility and regulatory changes.

Key Numbers

2025-03-31 — Reporting Period End (End of the first quarter of 2025)
2025-05-06 — Filing Date (Date the 10-Q was submitted to the SEC)

Key Players & Entities

OLD DOMINION FREIGHT LINE, INC. (company) — Filer
20250331 (date) — Reporting Period End Date
20250506 (date) — Filing Date
500 OLD DOMINION WAY, THOMASVILLE, NC 27360 (address) — Business and Mail Address
3368895000 (phone_number) — Business Phone
2023 Credit Agreement (financial_instrument) — Mentioned Credit Agreement
Series B Notes (financial_instrument) — Mentioned Notes
Accelerated Share Repurchase Agreement (financial_instrument) — Mentioned Agreement
2023 Share Repurchase Program (program) — Mentioned Program

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is the first quarter of 2025, ending on March 31, 2025.

When was this 10-Q filed with the SEC?

This 10-Q was filed with the SEC on May 6, 2025.

What is the company's primary business address?

The company's primary business address is 500 Old Dominion Way, Thomasville, NC 27360.

Are there any specific credit agreements or share repurchase programs mentioned?

Yes, the filing mentions a '2023 Credit Agreement', 'Series B Notes', an 'Accelerated Share Repurchase Agreement', and a '2023 Share Repurchase Program'.

What is the fiscal year end for Old Dominion Freight Line, Inc.?

The fiscal year end for Old Dominion Freight Line, Inc. is December 31.

From the Filing

0000950170-25-064508.txt : 20250506 0000950170-25-064508.hdr.sgml : 20250506 20250506162109 ACCESSION NUMBER: 0000950170-25-064508 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 42 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 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 EIN: 560751714 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-19582 FILM NUMBER: 25917582 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-Q 1 odfl-20250331.htm 10-Q 10-Q Q1 false --12-31 0000878927 http://odfl.com/20250331#PresidentAndCEOMember 0000878927 odfl:OtherServiceRevenueMember 2024-01-01 2024-03-31 0000878927 odfl:TwoThousandTwentyThreeCreditAgreementMember 2025-03-31 0000878927 us-gaap:SeriesBMember 2023-05-04 2023-05-04 0000878927 2025-01-01 2025-03-31 0000878927 us-gaap:RetainedEarningsMember 2025-03-31 0000878927 odfl:PGIMINCMember odfl:SeriesBNotesMember 2020-05-04 2020-05-04 0000878927 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000878927 odfl:AcceleratedShareRepurchaseAgreementMember 2024-11-30 0000878927 srt:MinimumMember 2025-01-01 2025-03-31 0000878927 2025-05-02 0000878927 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0000878927 us-gaap:SeriesBMember odfl:PaidInThreeEqualAnnualInstallmentsMember 2024-05-04 2024-05-04 0000878927 odfl:A2023ShareRepurchaseProgramMember 2025-03-31 0000878927 2024-12-31 0000878927 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0000878927 odfl:LTLServiceRevenueMember 2025-01-01 2025-03-31 0000878927 odfl:A2023ShareRepurchaseProgramMember srt:MaximumMember 2023-07-26 0000878927 odfl:PGIMINCMember srt:MaximumMember 2020-05-04 2020-05-04 0000878927 us-gaap:RetainedEarningsMember 2023-12-31 0000878927 us-gaap:CommonStockMember 2024-03-31 0000878927 srt:MaximumMember 2025-01-01 2025-03-31 0000878927 us-gaap:RetainedEarningsMember 2024-12-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0000878927 us-gaap:CommonStockMember 2025-03-31 0000878927 2023-12-31 0000878927 us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember srt:MaximumMember 2025-01-01 2025-03-31 0000878927 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000878927 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0000878927 us-gaap:CommonStockMember 2023-12-31 0000878927 us-gaap:SeriesBMember 2023-05-04 0000878927 us-gaap:SeriesBMember 2024-05-04 0000878927 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000878927 us-gaap:RetainedEarningsMember 2024-03-31 0000878927 us-gaap:LetterOfCreditMember 2025-03-31 0000878927 us-gaap:SeriesBMember 2025-01-01 2025-03-31 0000878927 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000878927 odfl:TwoThousandTwentyThreeCreditAgreementMember 2025-01-01 2025-03-31 0000878927 us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember srt:MinimumMember 2025-01-01 2025-03-31 0000878927 2024-01-01 2024-03-31 0000878927 2024-03-31 0000878927 2025-03-31 0000878927 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000878927 odfl:AcceleratedShareRepurchaseAgreementMember 2024-05-28 2024-05-28 0000878927 odfl:OtherServiceRevenueMember 2025-01-01 2025-03-31 0000878927 odfl:A2021ShareRepurchaseProgramMember srt:MaximumMember 2021-07-28 0000878927 us-gaap:CommonStockMember 2024-12-31 0000878927 odfl:LTLServiceRevenueMember 2024-01-01 2024-03-31 0000878927 us-gaap:SeriesBMember 2024-05-04 2024-05-04 0000878927 odfl:AcceleratedShareRepurchaseAgreementMem