ODFL Old Dominion
FY2025 10-K
Old Dominion (ODFL) filed its fiscal year 2025 10-K annual report with the SEC on Feb 24, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • LTL-focused carrier (>98% of revenue) operating 260 service centers across continental U.S., up net 16 centers over past five years
- • Tractor/trailer capex fell sharply to $173.8M in 2025 vs $322.6M in 2024, signaling deliberate fleet investment pullback amid softer demand
Management Discussion & Analysis
- • Revenue $5.50B, down $318.4M (-5.5%) YoY; volume decline (LTL tonnage per day -8.8%) partially offset by LTL revenue per hundredweight +3.9%
- • Operating margin 24.8% vs 26.6% in 2024; operating ratio deteriorated to 75.2% from 73.4%; net margin 18.6% vs 20.4%
Risk Factors
- • U.S. tariffs and retaliatory foreign tariffs already decreased demand for OD's LTL services, with further "trade wars" risking material revenue reduction
- • CARB Advanced Clean Trucks regulation mandates rising ZEV sales percentages, but no commercially viable ZEVs exist for LTL ops; enforcement uncertainty disrupts fleet planning
Financial SummaryXBRL
Revenue
$5.5B
Net Income
$1.0B
Operating Margin
24.8%
Net Margin
18.6%
ROE
23.7%
Total Assets
$5.5B
EPS (Diluted)
$4.84
Operating Cash Flow
$1.4B
Source: XBRL data from Old Dominion FY2025 10-K filing on SEC EDGAR. All figures in USD.
Other Old Dominion Annual Reports
Get deeper insights on Old Dominion
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.