Old Dominion said revenue for Q2 2025 decreased $91.0 million, or 6.1%, and net income and diluted earnings per share decreased 16.6% and 14.2%, respectively, as compared to the same period of the prior year, primarily due to a decrease in volumes.

1. 01

   Old Dominion said revenue for Q2 2025 decreased $91.0 million, or 6.1%, and net income and diluted earnings per share decreased 16.6% and 14.2%, respectively, as compared to the same period of the prior year, primarily due to a decrease in volumes.

2. 02

   The company said LTL tonnage per day for Q2 2025 decreased 9.3%, while LTL revenue per hundredweight increased 3.4%. Excluding fuel surcharges, LTL revenue per hundredweight increased 5.3%.

3. 03

   Old Dominion said salaries, wages and benefits for Q2 2025 decreased $11.7 million, or 1.7%, operating supplies and expenses decreased $18.6 million, or 11.5%, and depreciation and amortization increased $6.1 million, or 7.2%, as compared to the same period of the prior year.

4. 04

   The company said it exercised the accordion feature on May 23, 2025 and entered into an amendment to the Credit Agreement to increase total borrowing capacity by $150.0 million to an aggregate of $400.0 million. Old Dominion estimated capital expenditures for 2025 at approximately $450 million.

Key figures

Quarter ended June 30, 2025

Revenue

$1.4B

Operating income

$358M

Net income

$269M

EPS

$1.27

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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