Filing Flows › Old Dominion Freight Line (ODFL) › Q1 2025
Old Dominion Freight Line (ODFL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Old Dominion Freight Line (ODFL) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -0.8% from the quarter before. Operating margin was 24.6%, net earnings $255M (18.5% of revenue).
Old Dominion Freight Line, Q1 2025: revenue $1.4B (-6% year over year), operating margin 24.6%, net earnings $255M, operating cash flow $337M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -0.8% | -6% |
| Operating profit | $338M | +1% | -13% |
| Net earnings | $255M | -3% | -13% |
| Operating cash flow | $337M | -16% | -21% |
| Free cash flow | $248M | +8% | -18% |
What changed
Revenue was $1.4B in Q1 2025, down 6% year over year and down 1% from the previous quarter. LTL Service Revenue was the largest line at 99% of revenue. LTL Service Revenue lost $0.09B year over year (down 6%), 101% of the total change.
Operating profit was $0.34B, a 24.6% margin (down 1.9 points year over year). Total costs fell 3% while revenue fell 6%. Net earnings were $0.25B, down 13% year over year. The effective tax rate was 24.8%.
Operating cash flow was $0.34B (down 21% year over year), 132% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization. Capital expenditures of $0.09B left free cash flow of $0.25B.
Questions
What was Old Dominion Freight Line's revenue in the first quarter 2025?
Old Dominion Freight Line (ODFL) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -0.8% from the quarter before.
Was Old Dominion Freight Line profitable in the first quarter 2025?
Operating profit was $338M (24.6% of revenue) and net earnings $255M.