Stock Analysis on Net
Stock Analysis on Net

Old Dominion Freight Line Inc. (NASDAQ:ODFL)

This company has been moved to the archive! The financial data has not been updated since August 4, 2023.

Common-Size Income Statement

Old Dominion Freight Line Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Revenue from operations 100.00 100.00 100.00 100.00 100.00
Salaries, wages and benefits -43.40 -46.95 -51.15 -51.65 -51.33
Operating supplies and expenses -13.63 -10.80 -9.30 -11.51 -12.30
General supplies and expenses -2.56 -2.59 -2.75 -3.02 -2.95
Operating taxes and licenses -2.26 -2.54 -2.91 -2.84 -2.77
Insurance and claims -0.93 -1.02 -1.06 -1.28 -1.09
Communications and utilities -0.65 -0.65 -0.79 -0.72 -0.77
Depreciation and amortization -4.41 -4.94 -6.51 -6.17 -5.70
Purchased transportation -2.53 -3.53 -2.44 -2.18 -2.37
Miscellaneous expenses, net -0.25 -0.50 -0.51 -0.69 -0.51
Operating expenses -70.60% -73.53% -77.41% -80.08% -79.79%
Operating income 29.40% 26.47% 22.59% 19.92% 20.21%
Interest expense -0.02 -0.03 -0.07 -0.01 0.00
Interest income 0.08 0.01 0.05 0.16 0.08
Other expense, net -0.04 -0.04 -0.11 -0.03 -0.11
Non-operating income (expense) 0.01% -0.06% -0.14% 0.13% -0.04%
Income before income taxes 29.41% 26.41% 22.45% 20.05% 20.17%
Provision for income taxes -7.42 -6.74 -5.70 -5.07 -5.19
Net income 22.00% 19.68% 16.75% 14.98% 14.98%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Old Dominion Freight Line Inc. operating income as a percentage of revenue from operations increased from 2020 to 2021 and from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Old Dominion Freight Line Inc. income before income taxes as a percentage of revenue from operations increased from 2020 to 2021 and from 2021 to 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Old Dominion Freight Line Inc. net income as a percentage of revenue from operations increased from 2020 to 2021 and from 2021 to 2022.