---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034576"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:36:28.717585+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ODFL Q2 revenue down 15.2% YoY; EPS $2.65 vs $3.30; new $3B buyback authorized

## Summary
- Total revenue $1.413B (-15.2% YoY); LTL revenue per hundredweight, excl fuel, up 7.6%.
- Diluted EPS $2.65 vs $3.30; operating ratio worsened to 72.3% from 69.5%.
- Board approved new $3.0B share repurchase program; existing $2.0B program had $376.9M remaining.
- Capex for 2023 expected ~$700M, including $365M for tractors/trailers.
- Net cash from ops $703.2M in H1; returned $302.2M in buybacks and $87.8M in dividends.

## SEC filing metadata
- accession: 0000950170-23-034576
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878927/000095017023034576/0000950170-23-034576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017023034576/odfl-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034576
- JSON: https://secwatch.observer/filing/0000950170-23-034576.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034576.txt

## Key facts
- Earnings Releases
  OLD DOMINION FREIGHT LINE, INC. reported the three-month and six-month periods ended June 30, 2023 results: revenue $1,413,189, net income $292,362, EPS $2.65.
  - Period: the three-month and six-month periods ended June 30, 2023
  - Revenue: $1,413,189
  - Net income: $292,362
  - EPS: $2.65
  - Result: reported results
  source text: periods ended June 30, 2023. Three Months Ended Six Months Ended June 30, June 30, (In thousands, except per share amounts) 2023 2022 % Chg. 2023 2022 % Chg. Total revenue $ 1,413,189 $ 1,667,448 (15.2)% $ 2,855,325 $ 3,164,728 (9.8)% LTL services revenue $ 1,397,815 $ 1,644,659 (15.0)% $ 2,822,187 $ 3,120,440 (9.6)% Other services revenue $ 15,374 $ 22,789
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023034576/0000950170-23-034576-index.htm

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