---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-047274"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:49:56.988459+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Old Dominion reports Q1 EPS $1.34, revenue up 1.2% YoY; operating ratio ticks up to 73.5%

## Summary
- Diluted EPS $1.34 vs $1.29 YoY (+3.9%); net income $292.3M (+2.5%).
- Total revenue $1.46B (+1.2% YoY); LTL revenue per hundredweight up 4.1% but LTL tons per day down 3.2%.
- Operating ratio worsened 10 bps to 73.5%, partly due to a 50-bps increase in depreciation as % of revenue.
- Cash from ops $423.9M; cash and equivalents $581.0M; Q1 CapEx $119.5M; full-year CapEx guide ~$750M.
- Shareholder returns: $85.3M in share repurchases and $56.6M in dividends during Q1.

## SEC filing metadata
- accession: 0000950170-24-047274
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/878927/000095017024047274/0000950170-24-047274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017024047274/odfl-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-047274
- JSON: https://secwatch.observer/filing/0000950170-24-047274.json
- Plain text: https://secwatch.observer/filing/0000950170-24-047274.txt

## Key facts
- Earnings Releases
  OLD DOMINION FREIGHT LINE, INC. reported first quarter of 2024, ended March 31, 2024 results: revenue $1,460,073, net income $292,304, EPS $1.34.
  - Period: first quarter of 2024, ended March 31, 2024
  - Revenue: $1,460,073
  - Net income: $292,304
  - EPS: $1.34
  - Result: reported results
  source text: been adjusted to reflect the Company's March 2024 two-for-one stock split. Three Months Ended March 31, (In thousands, except per share amounts) 2024 2023 % Chg. Total revenue $ 1,460,073 $ 1,442,136 1.2 % LTL services revenue $ 1,446,733 $ 1,424,372 1.6 % Other services revenue $ 13,340 $ 17,764 (24.9 )% Operating income $ 386,426 $ 383,049 0.9 % Operating ratio
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017024047274/0000950170-24-047274-index.htm

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