earnings
confidence high
sentiment positive
materiality 0.80
Old Dominion Q2 EPS $1.68 matches record; revenue up 10.4%, operating ratio improves to 70.1%
OLD DOMINION FREIGHT LINE, INC.
- Q2 diluted EPS $1.68 (up 32.3% YoY), net income $350.6M (up 30.5%), revenue $1.55B (up 10.4%).
- Operating ratio improved 450 bps to 70.1%; LTL revenue per hundredweight up 15.2% (ex-fuel +5.5%).
- LTL tons per day down 4.1% on 5.7% fewer shipments; weight per shipment up 1.7%.
- Full-year 2026 capex guidance ~$380M; $180M real estate, $155M tractors/trailers, $45M IT.
- Share repurchases $239.7M and dividends $120.7M in first half; cash $283.9M at June 30.