---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-014592"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:51:33.729772+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Old Dominion Q1 EPS $2.58 (-0.8% YoY) on revenue $1.44B (-3.7%)

## Summary
- Revenue $1.44B, down 3.7% YoY; net income $285M, down 4.9%.
- Operating ratio worsened to 73.4% from 72.9% a year ago.
- LTL tonnage per day fell 11.9%; LTL revenue per cwt rose 9.2% excluding fuel.
- Capex guidance maintained at ~$700M for 2023; Q1 capex $234.7M.
- Returned $185.8M to shareholders via $141.7M buybacks and $44.1M dividends.

## SEC filing metadata
- accession: 0000950170-23-014592
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878927/000095017023014592/0000950170-23-014592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017023014592/odfl-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014592
- JSON: https://secwatch.observer/filing/0000950170-23-014592.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014592.txt

## Key facts
- Earnings Releases
  OLD DOMINION FREIGHT LINE, INC. reported first quarter of 2023, ended March 31, 2023 results: revenue $1,442,136, net income $285,038, EPS $2.58.
  - Period: first quarter of 2023, ended March 31, 2023
  - Revenue: $1,442,136
  - Net income: $285,038
  - EPS: $2.58
  - Result: reported results
  source text: financial results for the three-month period ended March 31, 2023. Three Months Ended March 31, (In thousands, except per share amounts) 2023 2022 % Chg. Total revenue $ 1,442,136 $ 1,497,280 (3.7 )% LTL services revenue $ 1,424,372 $ 1,475,781 (3.5 )% Other services revenue $ 17,764 $ 21,499 (17.4 )% Operating income $ 383,049 $ 405,618 (5.6 )% Operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023014592/0000950170-23-014592-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.