← OLD DOMINION FREIGHT LINE, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $295.8m | $463.8m | $605.7m | $615.5m | $672.7m | $1.0b | $1.4b | $1.2b | $1.2b | $1.0b | — | |
| Depreciation and amortization | $189.9m | $205.8m | $230.4m | $253.7m | $261.3m | $259.9m | $276.1m | $324.4m | $344.6m | $364.7m | $368.9m | |
| Depreciation, Depletion and Amortization, Nonproduction | $189.9m | $205.8m | $230.4m | $253.7m | $261.3m | $259.9m | $276.1m | $324.4m | $344.6m | $364.7m | $368.9m | |
| Depreciation | $189.6m | $205.6m | $230.4m | $253.7m | $261.3m | $259.9m | $275.6m | $324.0m | $344.5m | $364.7m | $368.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $276.1m | $324.4m | $344.6m | $364.7m | $368.9m | |
| Deferred Income Tax Expense (Benefit) | $34.8m | ($82.6m) | $57.7m | $13.2m | ($41.0m) | $30.2m | $62.0m | $53.3m | $19.3m | ($11.2m) | ($11.2m) | |
| Deferred Tax | — | — | — | — | — | — | $62.0m | $53.3m | $19.3m | ($11.2m) | ($11.2m) | |
| Share-based Payment Arrangement, Noncash Expense | $1.4m | $3.2m | $4.9m | $16.7m | $11.3m | $15.0m | $15.9m | $11.1m | $11.3m | $12.9m | $12.9m | |
| Share-based Payment Arrangement, Expense | — | $23 | $10.7m | $42.9m | $14.3m | $15.0m | $15.9m | $11.1m | — | — | $12.9m | |
| Nonoperating Income (Expense) | ($6.2m) | ($54k) | ($1.5m) | $5.2m | ($5.5m) | ($3.2m) | $717k | $7.1m | $13.6m | $263k | — | |
| Other Nonoperating Income (Expense) | ($2.0m) | $1.4m | ($4.5m) | ($1.1m) | ($4.6m) | ($2.2m) | ($2.6m) | ($5.2m) | ($3.2m) | ($3.6m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($52.8m) | ($55.3m) | $84.2m | ($40.5m) | ($65.1m) | |
| Change In Receivables | — | — | — | — | — | — | ($13.0m) | ($3.9m) | $74.1m | $28.4m | $28.4m | |
| Increase (Decrease) in Accounts Payable | $22.4m | ($15.5m) | $4.8m | ($8.3m) | ($1.7m) | $14.0m | $23.8m | $6.5m | ($21.0m) | ($29.1m) | ($29.1m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $29.2m | $4.2m | ($10.5m) | ($24.5m) | ($29.1m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $5.5m | ($2.2m) | $10.4m | $4.6m | $4.6m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($39.6m) | ($10.3m) | ($8.3m) | ($7.1m) | ($7.1m) | |
| Net Cash Provided by (Used in) Operating Activities | $565.6m |
$536.3m
-5.18%
|
$900.1m
+67.84%
|
$983.9m
+9.31%
|
$933.0m
-5.17%
|
$1.2b
+29.97%
|
$1.7b
+39.50%
|
$1.6b
-7.24%
|
$1.7b
+5.75%
|
$1.4b
-17.43%
|
$1.4b
+1.75%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $168k | $1.3m | ($477k) | ($6.1m) | ($736k) | $563k | $3.4m | $22.6m | $3.4m | ($2.9m) | ($20.5m) | |
| Capital Expenditure | — | — | — | — | — | — | ($775.1m) | ($757.3m) | ($771.3m) | ($415.0m) | ($279.3m) | |
| Payments for (Proceeds from) Other Investing Activities | — | $2.1m | ($918k) | — | $100k | $500k | — | — | — | ($100k) | — | |
| Net Other Investing Changes | — | — | — | — | — | ($500k) | — | — | — | $100k | $3.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($407.4m) | ($367.7m) | ($580.4m) | ($473.6m) | ($551.7m) | ($455.3m) | ($547.5m) | ($659.8m) | ($751.2m) | ($366.4m) | ($195.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $26.5m | $0 | $50.0m | — | $45.0m | — | — | $20.0m | $20.0m | $20.0m | ($20.0m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | $99.9m | — | — | — | — | — | $0 | |
| Issuance Of Debt | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | $0 | $0 | ($20.0m) | ($20.0m) | ($20.0m) | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($20.0m) | ($20.0m) | ($20.0m) | ($20.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $0 | ($20.0m) | ($20.0m) | ($20.0m) | ($150.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($20.0m) | ($20.0m) | ($20.0m) | ($20.0m) | |
| Payments for Repurchase of Common Stock | $130.3m | $8.0m | $163.3m | $241.0m | $364.1m | $536.5m | $1.3b | $453.6m | $967.3m | $730.3m | — | |
| Payments of Ordinary Dividends, Common Stock | — | $33.0m | $42.6m | $54.6m | $71.0m | $92.4m | $134.5m | $175.1m | $223.6m | $235.6m | ($237.8m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($134.5m) | ($175.1m) | ($223.6m) | ($235.6m) | ($237.8m) | |
| Common Stock Payments | — | — | — | — | — | — | ($1.3b) | ($453.6m) | ($967.3m) | ($730.3m) | ($545.5m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($1.3b) | ($453.6m) | ($967.3m) | ($730.3m) | ($545.5m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($1.3b) | ($453.6m) | ($967.3m) | ($730.3m) | ($545.5m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($134.5m) | ($175.1m) | ($223.6m) | ($235.6m) | ($237.8m) | |
| Proceeds from (Payments for) Other Financing Activities | ($338k) | ($344k) | ($1.1m) | ($1.4m) | ($3.3m) | ($4.9m) | ($8.7m) | ($13.1m) | ($22.3m) | ($6.3m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($8.7m) | ($13.1m) | ($22.3m) | ($6.3m) | ($5.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($159.5m) |
($51.3m)
+67.86%
|
($256.9m)
-401.21%
|
($297.0m)
-15.59%
|
($383.5m)
-29.14%
|
($696.2m)
-81.53%
|
($1.4b)
-104.02%
|
($661.8m)
+53.40%
|
($1.2b)
-86.33%
|
($992.3m)
+19.53%
|
($938.9m)
+5.38%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.3m) | $117.3m | $62.8m | $213.3m | ($2.1m) | $61.1m | ($276.3m) | $247.5m | ($325.1m) | $11.4m | $283.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $462.6m | $186.3m | $433.8m | $108.7m | $24.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $403.6m | $401.4m | $462.6m | $186.3m | $433.8m | $108.7m | $120.1m | $283.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.4m | $5.4m | $4.5m | $3.9m | $5.7m | $4.2m | $4.0m | $3.5m | $2.9m | $4.5m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $396.5m | $361.4m | $337.6m | $331.7m | — | |
| Additional Financial Items | ||||||||||||
| Goodwill | $19.5m | $19.5m | $19.5m | $19.5m | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $181.8m | $112.1m | $209.8m | $208.4m | $228.7m | $354.0m | $464.2m | $408.3m | $371.5m | $337.6m | — | |
| Operating Costs and Expenses | — | — | $491.0m | $473.1m | $373.4m | $567.6m | $853.0m | $718.3m | $635.3m | $571.0m | — | |
| Operating Lease, Expense | — | — | — | $14.7m | $16.0m | $19.0m | $20.0m | $24.5m | $23.3m | $23.8m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $4.0b | $4.1b | $4.0b | $5.3b | $6.3b | $5.9b | $5.8b | $5.5b | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($1.4b) | ($661.8m) | ($1.2b) | ($992.3m) | ($938.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($547.5m) | ($659.8m) | ($751.2m) | ($366.4m) | ($195.3m) | |
| Change In Account Payable | — | — | — | — | — | — | $23.8m | $6.5m | ($21.0m) | ($29.1m) | ($29.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($276.3m) | $247.5m | ($325.1m) | $11.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($4.7m) | ($7.2m) | $23.4m | ($27.8m) | ($27.8m) | |
| Change In Payable | — | — | — | — | — | — | $23.8m | $6.5m | ($21.0m) | ($29.1m) | ($29.1m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($24.7m) | ($38.2m) | $5.6m | ($9.4m) | ($9.4m) | |
| Changes In Cash | — | — | — | — | — | — | ($276.3m) | $247.5m | ($325.1m) | $11.4m | $259.9m | |
| End Cash Position | — | — | — | — | — | — | $186.3m | $433.8m | $108.7m | $120.1m | $283.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($1.4b) |
($661.8m)
+53.40%
|
($1.2b)
-86.33%
|
($992.3m)
+19.53%
|
($938.9m)
+5.38%
|
|
| Free Cash Flow | — | — | — | — | — | — | $916.4m | $811.8m | $888.0m | $955.1m | $1.1b | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($3.4m) | ($22.6m) | ($3.4m) | $2.9m | ($20.5m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($547.5m) | ($659.8m) | ($751.2m) | ($366.4m) | ($195.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $205.6m | $48.9m | $0 | $0 | $30.0m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($753.1m) | ($708.7m) | ($751.2m) | ($366.5m) | ($198.5m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($3.4m) | ($22.6m) | ($3.4m) | $2.9m | ($20.5m) | |
| Other Non Cash Items | — | — | — | — | — | — | $16.7m | $18.7m | $17.2m | $17.7m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($163.7m) | $0 | ($30.0m) | $0 | $0 | |
| Purchase Of PPE | $417.9m | $382.1m | $588.3m | $479.3m | $225.1m | $550.1m | ($775.1m) | ($757.3m) | ($771.3m) | ($415.0m) | ($279.3m) | |
| Sale Of Investment | — | — | — | — | — | — | $369.3m | $48.9m | $30.0m | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $22.1m | $48.6m | $20.1m | $48.5m | $80.9m | |
| Stock Based Compensation | — | — | — | — | — | — | $15.9m | $11.1m | $11.3m | $12.9m | $12.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.