Form 10-Q · Quarterly report
Old Dominion 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000878927
- Accession no.
- 0000878927-26-000033
Summary
Old Dominion Freight Line reported third-quarter 2026 revenue of $1.59 billion, up 13.1% from a year earlier, and net income of $343.7 million, up 26.9%, with diluted earnings per share of $1.65. The carrier attributed the results to yield management and improved demand trends, with revenue per hundredweight up 13.3% in the quarter even as LTL tonnage per day was roughly flat, and said October 2026 revenue per day rose 22.5% year over year.
Key points
- Third-quarter 2026 revenue rose 13.1% to $1.59 billion and diluted earnings per share rose 28.9% to $1.65, with net income up 26.9% to $343.7 million.
- The operating ratio improved to 71.5% in the third quarter of 2026 from 74.3% a year earlier.
- LTL tonnage per day was roughly flat in the third quarter (down 0.1%) while LTL revenue per hundredweight rose 13.3%, or 5.1% excluding fuel surcharges.
- In October 2026, revenue per day increased 22.5% year over year, LTL revenue per hundredweight rose 19.9% and LTL tons per day rose 2.1%.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview We are one of the largest North American less-than-truckload (“LTL”) motor carriers and provide regional, inter-regional and national LTL services through a single integrated, union-free organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, we also provide LTL services throughout North America. In addition to our core LTL services, we offer a range of value-added services including container drayage, truckload brokerage and supply chain consulting. …
An excerpt of the text as filed with the SEC, cut for length.
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