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Old Dominion Freight Line Reports Second Quarter 2024 Earnings Per Diluted Share of $1.48

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 24, 20244/company/old-dominion-freight-line-inc/news/old-dominion-freight-line-reports-second-quarter-2024-earnings-per-diluted-share-of-dollar148
Old Dominion Freight Line Reports Second Quarter 2024 Earnings Per Diluted Share of $1.48

About this update from Old Dominion Freight Line, Inc.

[{"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, 2024.\n\n\nAll prior-period share and per share data in this release have been adjusted to reflect the Company's March 2024 two-for-one stock split.\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\n2024\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\n% Chg.\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\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\n% Chg.\n\n\n\n\n\n\n\n\nTotal revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,498,697\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,413,189\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n6.1%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,958,770\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,855,325\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n3.6%\n\n\n\n\n\n\n\n\nLTL services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,484,967\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,397,815\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n6.2%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,931,700\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,822,187\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n3.9%\n\n\n\n\n\n\n\n\nOther services revenue\n\n\n\n\n\n\n$\n\n\n\n\n\n\n13,730\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n15,374\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n(10.7)%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n27,070\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n33,138\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n(18.3)%\n\n\n\n\n\n\n\n\nOperating income\n\n\n\n\n\n\n$\n\n\n\n\n\n\n421,691\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n391,594\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n7.7%\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n808,117\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n774,643\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n4.3%\n\n\n\n\n\n\n\n\nOperating ratio\n\n\n\n\n\n\n \n\n\n\n\n\n\n71.9\n\n\n\n\n\n\n%\n\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\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n72.7\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\n\n\n\nNet i...

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