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
Quarterly Data

Old Dominion Freight Line Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Revenue from operations 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Salaries, wages and benefits -45.49 -45.22 -43.97 -42.10 -42.32 -45.43 -46.88 -46.40 -46.35 -48.44 -50.67 -49.58 -51.43 -53.12 -52.92 -50.88 -50.21 -52.72 -50.20 -50.70 -50.53 -54.19
Operating supplies and expenses -11.70 -13.34 -13.92 -13.55 -14.20 -12.78 -11.30 -10.46 -10.43 -11.02 -9.32 -8.53 -8.41 -10.91 -11.10 -11.19 -11.54 -12.25 -12.41 -12.05 -12.25 -12.53
General supplies and expenses -2.73 -2.74 -2.64 -2.87 -2.35 -2.37 -2.35 -2.67 -2.61 -2.77 -2.18 -2.59 -2.89 -3.40 -2.62 -3.21 -3.05 -3.19 -2.74 -2.95 -2.89 -3.24
Operating taxes and licenses -2.61 -2.54 -2.38 -2.23 -2.10 -2.34 -2.47 -2.43 -2.52 -2.78 -2.86 -2.83 -3.02 -2.97 -2.90 -2.78 -2.77 -2.93 -2.85 -2.64 -2.73 -2.90
Insurance and claims -1.09 -1.11 -0.52 -1.09 -1.02 -1.08 -0.71 -1.12 -1.14 -1.15 -0.91 -1.12 -1.22 -1.00 -1.83 -1.08 -1.09 -1.13 -0.94 -1.14 -1.10 -1.20
Communications and utilities -0.81 -0.76 -0.71 -0.64 -0.59 -0.66 -0.63 -0.62 -0.64 -0.73 -0.79 -0.72 -0.81 -0.83 -0.75 -0.77 -0.58 -0.79 -0.82 -0.78 -0.72 -0.76
Depreciation and amortization -5.65 -5.27 -4.83 -4.26 -4.10 -4.50 -4.74 -4.65 -4.85 -5.68 -6.07 -6.14 -7.33 -6.63 -6.40 -6.06 -5.90 -6.37 -6.09 -5.49 -5.44 -5.78
Purchased transportation -2.02 -2.12 -1.91 -2.15 -2.56 -3.51 -3.91 -3.72 -3.33 -3.08 -3.05 -2.40 -2.12 -2.11 -2.12 -2.20 -2.31 -2.09 -2.23 -2.40 -2.52 -2.35
Miscellaneous expenses, net -0.18 -0.33 -0.29 -0.19 -0.26 -0.25 -0.61 -0.54 -0.40 -0.43 -0.47 -0.55 -0.55 -0.49 -0.71 -1.09 -0.44 -0.53 -0.42 -0.27 -0.49 -0.90
Operating expenses -72.29% -73.44% -71.16% -69.07% -69.49% -72.91% -73.59% -72.61% -72.26% -76.06% -76.31% -74.46% -77.78% -81.45% -81.35% -79.25% -77.89% -81.99% -78.69% -78.42% -78.67% -83.86%
Operating income 27.71% 26.56% 28.84% 30.93% 30.51% 27.09% 26.41% 27.39% 27.74% 23.94% 23.69% 25.54% 22.22% 18.55% 18.65% 20.75% 22.11% 18.01% 21.31% 21.58% 21.33% 16.14%
Interest expense -0.01 -0.01 -0.02 -0.06 -0.01 0.00 -0.03 -0.03 -0.04 -0.05 -0.08 -0.10 -0.09 -0.01 -0.01 0.00 -0.02 -0.01 -0.01 0.00 0.00 0.00
Interest income 0.17 0.19 0.20 0.08 0.03 0.01 0.01 0.01 0.01 0.03 0.02 0.01 0.03 0.13 0.18 0.16 0.17 0.15 0.12 0.07 0.06 0.05
Other income (expense), net -0.14 -0.10 -0.06 -0.02 -0.04 -0.04 -0.03 -0.02 -0.11 -0.01 -0.03 -0.09 0.04 -0.37 -0.04 -0.08 -0.05 0.06 -0.25 0.01 0.03 -0.25
Non-operating income (expense) 0.02% 0.08% 0.12% 0.00% -0.03% -0.04% -0.05% -0.03% -0.13% -0.03% -0.09% -0.18% -0.02% -0.25% 0.13% 0.08% 0.10% 0.20% -0.15% 0.08% 0.10% -0.20%
Income before income taxes 27.73% 26.64% 28.96% 30.93% 30.48% 27.05% 26.36% 27.35% 27.62% 23.91% 23.60% 25.36% 22.21% 18.30% 18.79% 20.83% 22.21% 18.21% 21.16% 21.66% 21.43% 15.94%
Provision for income taxes -7.05 -6.87 -7.25 -7.40 -7.92 -7.03 -6.59 -6.88 -7.19 -6.21 -5.92 -6.28 -5.71 -4.81 -4.52 -5.18 -5.80 -4.75 -5.64 -5.27 -5.62 -4.12
Net income 20.69% 19.76% 21.72% 23.53% 22.55% 20.02% 19.77% 20.47% 20.43% 17.70% 17.69% 19.08% 16.49% 13.49% 14.27% 15.65% 16.41% 13.46% 15.53% 16.39% 15.81% 11.82%

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

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 decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 not reaching Q4 2022 level.
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 decreased from Q4 2022 to Q1 2023 but then slightly increased from Q1 2023 to Q2 2023.
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 decreased from Q4 2022 to Q1 2023 but then slightly increased from Q1 2023 to Q2 2023.