Earnings Releases·Oct 28, 2026, 8:57 AM ET

Old Dominion Freight Line — Third Quarter 2026 Earnings Summary

Q3 2026 total revenue rose 13.1% year-over-year to $1,590.7 million, while operating income and net income increased 25.4% and 26.9% respectively to $452.6 million and $343.7 million.
The operating ratio improved to 71.5% in the quarter (from 74.3% prior year), driven by revenue growth and controlled discretionary spending, with diluted EPS reaching $1.65.
Capital allocation for the first nine months included $400.6 million in share repurchases and $180.7 million in dividends, with full-year 2026 capital expenditures guided at approximately $380 million.
Management expressed confidence in winning profitable market share and increasing shareholder value, citing improved demand and best-in-class service metrics despite risks from inflation and labor retention.