---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055015"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:43:31.378399+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ODFL Q3 EPS $3.09, revenue down 5.5%; operating ratio 70.6%

## Summary
- Net income $339.3M, diluted EPS $3.09 vs $3.36 prior year (-8.0%).
- Total revenue $1.515B, down 5.5% YoY; LTL rev per cwt ex-fuel up 8.9%.
- LTL shipments per day averaged 49,670 in Q3 vs 47,077 in H1 2023; tons per day down 6.9%.
- Operating ratio worsened 150 bps to 70.6% on higher overhead costs and depreciation.
- FY23 capex guidance $720M; YTD share repurchases $368.1M, dividends $131.5M.

## SEC filing metadata
- accession: 0000950170-23-055015
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2023-10-25T23:59:59+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/878927/000095017023055015/0000950170-23-055015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017023055015/odfl-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055015
- JSON: https://secwatch.observer/filing/0000950170-23-055015.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055015.txt

## Key facts
- Earnings Releases
  OLD DOMINION FREIGHT LINE, INC. reported nine-month period ended September 30, 2023 results: revenue $4,370,602, net income $916,687, EPS $8.32.
  - Period: nine-month period ended September 30, 2023
  - Revenue: $4,370,602
  - Net income: $916,687
  - EPS: $8.32
  - Result: reported results
  source text: Ended Nine Months Ended September 30, September 30, (In thousands, except per share amounts) 2023 2022 % Chg. 2023 2022 % Chg. Total revenue $ 1,515,277 $ 1,603,690 (5.5)% $ 4,370,602 $ 4,768,418 (8.3)% LTL services revenue $ 1,501,266 $ 1,582,952 (5.2)% $ 4,323,453 $ 4,703,392 (8.1)% Other services revenue $ 14,011 $ 20,738 (32.4)% $ 47,149 $ 65,026 (27.5)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023055015/0000950170-23-055015-index.htm
- Earnings Releases
  OLD DOMINION FREIGHT LINE, INC. reported third quarter of 2023, ended September 30, 2023 results: revenue $1,515,277, net income $339,287, EPS $3.09.
  - Period: third quarter of 2023, ended September 30, 2023
  - Revenue: $1,515,277
  - Net income: $339,287
  - EPS: $3.09
  - Result: reported results
  source text: September 30, 2023. Three Months Ended Nine Months Ended September 30, September 30, (In thousands, except per share amounts) 2023 2022 % Chg. 2023 2022 % Chg. Total revenue $ 1,515,277 $ 1,603,690 (5.5)% $ 4,370,602 $ 4,768,418 (8.3)% LTL services revenue $ 1,501,266 $ 1,582,952 (5.2)% $ 4,323,453 $ 4,703,392 (8.1)% Other services revenue $ 14,011 $ 20,738
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023055015/0000950170-23-055015-index.htm

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