For the year ending 2025-12-31, ODFL had $11,415K increase in cash & cash equivalents over the period. $955,099K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue from operations | 5,496,389 | 5,814,810 | - | - |
| Salaries and wages | 1,883,020 | - | - | - |
| Salaries, wages and benefits | - | 2,689,314 | - | - |
| Employee benefit costs | 752,305 | - | - | - |
| Operating supplies and expenses | 570,981 | 635,320 | - | - |
| General supplies and expenses | 169,161 | 176,546 | - | - |
| Operating taxes and licenses | 138,940 | 144,690 | - | - |
| Insurance and claims | 74,416 | 92,359 | - | - |
| Communications and utilities | 38,939 | 40,827 | - | - |
| Depreciation and amortization | 364,683 | 344,568 | - | - |
| Purchased transportation | 110,036 | 122,815 | - | - |
| Miscellaneous expenses, net | 32,863 | 24,373 | - | - |
| Total operating expenses | - | 4,270,812 | - | - |
| Operating income | - | 1,543,998 | - | - |
| Interest expense | - | 212 | - | - |
| Interest income | - | 17,011 | - | - |
| Other expense, net | - | -3,200 | - | - |
| Non-operating income | 263 | 13,599 | - | - |
| Income before income taxes | - | 1,557,597 | - | - |
| Provision for income taxes | 337,605 | 371,524 | - | - |
| Net income | 1,023,703 | 1,186,073 | 1,239,502 | 1,377,159 |
| Depreciation and amortization | 364,691 | 344,578 | 324,449 | 276,066 |
| Noncash lease expense | 17,652 | 17,186 | 18,665 | 16,658 |
| Loss (gain) on disposal of property and equipment | -2,938 | 3,401 | 22,555 | 3,425 |
| Deferred income taxes | -11,247 | 19,340 | 53,341 | 62,008 |
| Share-based compensation | 12,854 | 11,349 | 11,080 | 15,893 |
| Customer and other receivables, net | -28,350 | -74,080 | 3,875 | 13,009 |
| Prepaid expenses and other assets | 9,363 | -5,562 | 38,189 | 24,714 |
| Accounts payable | -29,123 | -20,955 | 6,499 | 23,756 |
| Compensation, benefits and other accrued liabilities | -44,974 | 8,808 | -1,422 | -11,202 |
| Claims and insurance accruals | 4,575 | 10,441 | -2,249 | 5,464 |
| Income taxes, net | 17,130 | 14,570 | -5,816 | 6,480 |
| Other liabilities | -7,053 | -8,348 | -10,295 | -39,552 |
| Net cash provided by operating activities | 1,370,133 | 1,659,283 | 1,569,135 | 1,691,582 |
| Purchase of property and equipment | 415,034 | 771,318 | 757,309 | 775,148 |
| Proceeds from sale of property and equipment | 48,523 | 20,124 | 48,637 | 22,096 |
| Purchase of short-term investments | - | 30,000 | - | 163,720 |
| Proceeds from maturities of short-term investments | - | 30,000 | 48,852 | 369,300 |
| Other investing | -100 | - | - | - |
| Net cash used in investing activities | -366,411 | -751,194 | -659,820 | -547,472 |
| Payments for share repurchases | 730,338 | 967,294 | 453,613 | 1,277,219 |
| Dividends paid | 235,641 | 223,618 | 175,089 | 134,484 |
| Principal payments under long-term debt agreements | 20,000 | 20,000 | 20,000 | - |
| Other financing activities, net | -6,328 | -22,300 | -13,126 | -8,659 |
| Net cash used in financing activities | -992,307 | -1,233,212 | -661,828 | -1,420,362 |
| Increase (decrease) in cash and cash equivalents | 11,415 | -325,123 | 247,487 | -276,252 |
| Cash and cash equivalents at beginning of year | 108,676 | 433,799 | 186,312 | 462,564 |
| Cash and cash equivalents at end of year | 120,091 | 108,676 | 433,799 | 186,312 |
OLD DOMINION FREIGHT LINE, INC. (ODFL)
OLD DOMINION FREIGHT LINE, INC. (ODFL)