Old Dominion Freight Line, Inc. (ODFL)

Old Dominion Freight Line's stock price has been influenced by its quarterly earnings reports and broader economic conditions. In the fourth quarter of 2024, ODFL reported EPS of $1.23 and revenue of $1.39 billion, with the stock price rising by 5.36% following the announcement. In the first quarter of 2025, ODFL's EPS was $1.19, and revenue was $1.37 billion, with the stock seeing a 2.56% increase in pre-market trading. The company reduced its full-year 2025 capital expenditure guidance by $125 million to approximately $450 million.

Demand for Old Dominion Freight Line's products and services generally follows historical seasonal patterns, although recent economic conditions have introduced some fluctuations. The company typically experiences lower revenue and operating margins in the first and fourth quarters. In the first quarter of 2025, LTL tons per day decreased in January, but then increased in February and March. April 2025 saw softer demand and a decline in volumes, partly attributed to tariff implementations. The company is seeing demand trends more in line with historical seasonal patterns, even as the overall freight market remains depressed.

Old Dominion Freight Line, Inc. (ODFL) operates in the Industrials sector, focusing on Transportation & Logistics, specifically long-distance LTL freight. The company consolidates smaller shipments onto single trucks for efficient transit and offers expedited transportation, global services, household moving services, integrated logistics, supply chain solutions, and technology-driven services. ODFL operates as a union-free organization.

Old Dominion Freight Line provides direct service across all 48 contiguous United States through a network of over 260 service centers. ODFL extends its LTL services to Canada and Puerto Rico through its network and strategic alliances. Its global offerings further expand its reach to international markets, including the Caribbean, Europe, the Far East, Central America, and South America.

Old Dominion Freight Line maintains a strong brand reputation, particularly for its quality of service. Old Dominion Freight Line has been named the #1 National LTL Carrier for Quality by Mastio & Company for 15 consecutive years. ODFL consistently ranked first in 23 out of 28 evaluated service attributes important to customer satisfaction. No specific negative events significantly impacting Old Dominion Freight Line's brand reputation in the past year were found in the search results.

Old Dominion Freight Line is predominantly owned by institutional shareholders, who hold approximately 75.87% of the company's stock. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Price T Rowe Associates Inc /md/, CIBC Private Wealth Group, LLC, and State Street Corp. Insiders, including members of the Congdon family, own a significant portion, around 25.96% of the company. Key individual shareholders include David S. Congdon, who is the largest individual shareholder owning 8.01% of the company, along with Earl E. Congdon and John R. Congdon Jr.. Retail investors hold a smaller percentage of the company's stock.