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Old Dominion Freight Line Reports Second Quarter 2023 Earnings Per Diluted Share of $2.65

THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month

articleOld Dominion Freight Line, Inc.July 26, 20233/company/old-dominion-freight-line-inc/news/old-dominion-freight-line-reports-second-quarter-2023-earnings-per-diluted-share-of-dollar265
Old Dominion Freight Line Reports Second Quarter 2023 Earnings Per Diluted Share of $2.65

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[{"type":"text","content":" THOMASVILLE, N.C.--(BUSINESS WIRE)--\nOld Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced financial results for the three-month and six-month periods ended June 30, 2023.\n\n\n\n\n \n\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nSix Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n(In thousands, except per share amounts)\n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2022\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Chg.\n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2022\n\n\n\n\n\n\n \n\n\n\n\n\n\n% Chg.\n\n\n\n\n\n\n\n\nTotal revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,413,189\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,667,448\n\n\n\n\n\n\n \n\n\n\n\n\n\n(15.2\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,855,325\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,164,728\n\n\n\n\n\n\n \n\n\n\n\n\n\n(9.8\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nLTL services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,397,815\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,644,659\n\n\n\n\n\n\n \n\n\n\n\n\n\n(15.0\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,822,187\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,120,440\n\n\n\n\n\n\n \n\n\n\n\n\n\n(9.6\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nOther services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n15,374\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n22,789\n\n\n\n\n\n\n \n\n\n\n\n\n\n(32.5\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n33,138\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n44,288\n\n\n\n\n\n\n \n\n\n\n\n\n\n(25.2\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nOperating income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n391,594\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n508,705\n\n\n\n\n\n\n \n\n\n\n\n\n\n(23.0\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n774,643\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n914,323\n\n\n\n\n\n\n \n\n\n\n\n\n\n(15.3\n\n\n\n\n\n\n)%\n\n\n\n\n\n\n\n\nOperating ratio\n\n\n\n\n\n\n \n\n\n\n\n\n\n72.3\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n69.5\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n72.9\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n71.1\n\n\n\n\n\n\n%\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\nNet income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n292,362\n\n\n\n\n\n\n...

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