Old Dominion Freight Line (ODFL) Revenue & Revenue Breakdown
Old Dominion Freight Line Revenue Highlights
Latest Revenue (Y)
$5.87B
Latest Revenue (Q)
$1.46B
Main Segment (Y)
L T L Service Revenue
Old Dominion Freight Line Revenue by Period
Old Dominion Freight Line Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.87B | -6.29% |
| 2022-12-31 | $6.26B | - |
| 2021-12-31 | $6.26B | 19.10% |
| 2020-12-31 | $5.26B | 30.91% |
| 2019-12-31 | $4.02B | -0.71% |
| 2018-12-31 | $4.04B | 20.42% |
| 2017-12-31 | $3.36B | 12.25% |
| 2016-12-31 | $2.99B | 0.64% |
| 2015-12-31 | $2.97B | 6.62% |
| 2014-12-31 | $2.79B | 19.26% |
| 2013-12-31 | $2.34B | 10.76% |
| 2012-12-31 | $2.11B | 12.11% |
| 2011-12-31 | $1.88B | 27.11% |
| 2010-12-31 | $1.48B | 18.96% |
| 2009-12-31 | $1.25B | -19.04% |
| 2008-12-31 | $1.54B | 9.72% |
| 2007-12-31 | $1.40B | 9.54% |
| 2006-12-31 | $1.28B | 20.54% |
| 2005-12-31 | $1.06B | 28.80% |
| 2004-12-31 | $824.05M | 23.45% |
| 2003-12-31 | $667.53M | 17.84% |
| 2002-12-31 | $566.46M | 12.79% |
| 2001-12-31 | $502.24M | 5.56% |
| 2000-12-31 | $475.80M | 11.59% |
| 1999-12-31 | $426.38M | 11.31% |
| 1998-12-31 | $383.08M | 16.49% |
| 1997-12-31 | $328.84M | 12.23% |
| 1996-12-31 | $293.01M | 18.10% |
| 1995-12-31 | $248.10M | 1.89% |
| 1994-12-31 | $243.50M | 18.55% |
| 1993-12-31 | $205.40M | - |
Old Dominion Freight Line generated $5.87B in revenue during NA 2023, up -6.29% compared to the previous quarter, and up 145.07% compared to the same period a year ago.
Old Dominion Freight Line Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.46B | -2.37% |
| 2023-12-31 | $1.50B | -1.30% |
| 2023-09-30 | $1.52B | 7.22% |
| 2023-06-30 | $1.41B | -2.01% |
| 2023-03-31 | $1.44B | -3.32% |
| 2022-12-31 | $1.49B | -6.99% |
| 2022-09-30 | $1.60B | -3.82% |
| 2022-06-30 | $1.67B | 11.37% |
| 2022-03-31 | $1.50B | 6.16% |
| 2021-12-31 | $1.41B | 0.74% |
| 2021-09-30 | $1.40B | 6.11% |
| 2021-06-30 | $1.32B | 17.12% |
| 2021-03-31 | $1.13B | 4.95% |
| 2020-12-31 | $1.07B | 1.44% |
| 2020-09-30 | $1.06B | 18.07% |
| 2020-06-30 | $896.21M | -9.23% |
| 2020-03-31 | $987.36M | -2.16% |
| 2019-12-31 | $1.01B | -3.74% |
| 2019-09-30 | $1.05B | -1.15% |
| 2019-06-30 | $1.06B | 7.05% |
| 2019-03-31 | $990.78M | -3.52% |
| 2018-12-31 | $1.03B | -2.96% |
| 2018-09-30 | $1.06B | 2.39% |
| 2018-06-30 | $1.03B | 11.73% |
| 2018-03-31 | $925.02M | 3.80% |
| 2017-12-31 | $891.12M | 2.08% |
| 2017-09-30 | $872.99M | 3.94% |
| 2017-06-30 | $839.91M | 11.38% |
| 2017-03-31 | $754.10M | 1.12% |
| 2016-12-31 | $745.74M | -4.71% |
| 2016-09-30 | $782.61M | 3.60% |
| 2016-06-30 | $755.43M | 6.74% |
| 2016-03-31 | $707.73M | -3.65% |
| 2015-12-31 | $734.57M | -5.76% |
| 2015-09-30 | $779.47M | 2.27% |
| 2015-06-30 | $762.15M | 9.47% |
| 2015-03-31 | $696.25M | -3.44% |
| 2014-12-31 | $721.05M | -3.03% |
| 2014-09-30 | $743.59M | 5.78% |
| 2014-06-30 | $702.99M | 13.33% |
| 2014-03-31 | $620.28M | 4.69% |
| 2013-12-31 | $592.47M | -3.89% |
| 2013-09-30 | $616.46M | 4.43% |
| 2013-06-30 | $590.30M | 10.84% |
| 2013-03-31 | $532.58M | 0.99% |
| 2012-12-31 | $527.35M | -3.15% |
| 2012-09-30 | $544.49M | 0.55% |
| 2012-06-30 | $541.50M | 8.92% |
| 2012-03-31 | $497.14M | 2.48% |
| 2011-12-31 | $485.13M | -1.89% |
| 2011-09-30 | $494.48M | 2.96% |
| 2011-06-30 | $480.25M | 13.62% |
| 2011-03-31 | $422.68M | 5.94% |
| 2010-12-31 | $398.97M | 0.76% |
| 2010-09-30 | $395.98M | 7.53% |
| 2010-06-30 | $368.25M | 15.88% |
| 2010-03-31 | $317.80M | 2.21% |
| 2009-12-31 | $310.92M | -3.67% |
| 2009-09-30 | $322.76M | 2.08% |
| 2009-06-30 | $316.18M | 7.13% |
| 2009-03-31 | $295.14M | -12.12% |
| 2008-12-31 | $335.84M | -19.25% |
| 2008-09-30 | $415.87M | -0.47% |
| 2008-06-30 | $417.84M | 13.49% |
| 2008-03-31 | $368.17M | 2.65% |
| 2007-12-31 | $358.69M | - |
Old Dominion Freight Line generated $1.46B in revenue during Q1 2024, up -2.37% compared to the previous quarter, and up 97.88% compared to the same period a year ago.
Old Dominion Freight Line Revenue Breakdown
Old Dominion Freight Line Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| L T L Service Revenue | $5.80B | $6.18B | $5.18B | $3.96B | $4.06B |
| Other Service Revenue | $61.21M | $83.02M | $78.83M | $54.08M | $53.64M |
Old Dominion Freight Line's latest annual revenue breakdown by segment (product or service), as of Dec 23: L T L Service Revenue (98.96%), and Other Service Revenue (1.04%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L T L Service Revenue | $1.48B | $1.45B | $1.48B | $1.50B | $1.40B | $1.42B | $1.47B | $1.58B | $1.64B | $1.48B | $1.39B | $1.38B | $1.30B | $1.11B | $1.06B | $1.04B | $884.07M | $974.43M | $996.60M | $1.04B |
| Other Service Revenue | $13.73M | $13.34M | $14.06M | $14.01M | $15.37M | $17.76M | $18.00M | $20.74M | $22.79M | $21.50M | $20.58M | $21.71M | $19.65M | $16.89M | $15.47M | $13.53M | $12.14M | $12.93M | $12.60M | $13.36M |
Old Dominion Freight Line's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: L T L Service Revenue (99.08%), and Other Service Revenue (0.92%).
Old Dominion Freight Line Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| XPO | XPO Logistics | $7.74B | $2.08B |
| TFII | TFI | $7.52B | $1.86B |
| KNX | Knight-Swift Transportation | $7.14B | $1.85B |
| ODFL | Old Dominion Freight Line | $5.87B | $1.46B |
| SNDR | Schneider National | $5.50B | $1.32B |
| ARCB | ArcBest | $4.43B | $1.08B |
| RXO | RXO | $3.93B | $913.00M |
| WERN | Werner Enterprises | $3.28B | $760.80M |
| SAIA | Saia | $2.88B | $823.24M |
| ULH | Universal Logistics | $1.66B | $462.16M |
| HTLD | Heartland Express | $1.21B | $274.75M |
| MRTN | Marten Transport | $1.13B | $246.24M |
ODFL Revenue FAQ
What is Old Dominion Freight Line’s yearly revenue?
Old Dominion Freight Line's yearly revenue for 2023 was $5.87B, representing a decrease of -6.29% compared to 2022. The company's yearly revenue for 2022 was $6.26B, representing an increase of 0% compared to 2021. ODFL's yearly revenue for 2021 was $6.26B, representing an increase of 19.10% compared to 2020.
What is Old Dominion Freight Line’s quarterly revenue?
Old Dominion Freight Line's quarterly revenue for Q1 2024 was $1.46B, a -2.37% decrease from the previous quarter (Q4 2023), and a 1.24% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.5B, a -1.30% decrease from the previous quarter (Q3 2024), and a 0.26% increase year-over-year (Q4 2022). ODFL's quarterly revenue for Q3 2024 was $1.52B, a 7.22% increase from the previous quarter (Q2 2024), and a -5.51% decrease year-over-year (Q3 2022).
What is Old Dominion Freight Line’s revenue growth rate?
Old Dominion Freight Line's revenue growth rate for the last 3 years (2021-2023) was -6.29%, and for the last 5 years (2019-2023) was 46.10%.
What are Old Dominion Freight Line’s revenue streams?
Old Dominion Freight Line's revenue streams in c 23 are L T L Service Revenue, and Other Service Revenue. L T L Service Revenue generated $5.8B in revenue, accounting 98.96% of the company's total revenue, down -6.02% year-over-year. Other Service Revenue generated $61.21M in revenue, accounting 1.04% of the company's total revenue, down -26.27% year-over-year.
What is Old Dominion Freight Line’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Old Dominion Freight Line was L T L Service Revenue. This segment made a revenue of $5.8B, representing 98.96% of the company's total revenue.