Old Dominion Freight Line, Inc. (ODFL) financial statements (2020 and earlier)

Company profile

Business Address 500 OLD DOMINION WAY
THOMASVILLE, NC 27360
State of Incorp. VA
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments40419012710113530
Cash and cash equivalents40419012710113530
Receivables408468416334345348248
Prepaid expense  4138252121
Deferred tax assets    2923
Other undisclosed current assets5548    10
Total current assets:867706585383382433333
Noncurrent Assets
Property, plant and equipment2,9692,7552,4042,2412,0231,7431,543
Intangible assets, net (including goodwill)19191919191921
Goodwill19191919191919
Intangible assets, net (excluding goodwill)      2
Other noncurrent assets140656053424037
Deferred tax assets, net    (221)(189)
Other undisclosed noncurrent assets     221187
Total noncurrent assets:3,1292,8392,4842,3142,0851,8031,599
TOTAL ASSETS:3,9963,5453,0682,6962,4672,2361,932
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities309303226218191152134
Accounts payable70797489674537
Accrued liabilities4626     
Employee-related liabilities19319815312912510697
Debt  50 263636
Self insurance reserve54535047454239
Deferred tax liabilities     2
Other undisclosed current liabilities3 2523232621
Total current liabilities:366357351289285256232
Noncurrent Liabilities
Long-term debt and lease obligation, including:454545105107120156
Operating lease, liability56
Other undisclosed long-term debt and lease obligation(11)4545105107120156
Liabilities, other than long-term debt400463396451389475410
Deferred compensation liability, classified71    4337
Deferred tax liabilities, net248190273235221189
Other liabilities242215206179154146123
Self insurance reserve87    6562
Other undisclosed noncurrent liabilities104    (108)(98)
Total noncurrent liabilities:549508441556496487468
Total liabilities:915865792845782742700
Stockholders' equity
Stockholders' equity attributable to parent, including:3,0812,6802,2771,8511,6851,4941,232
Additional paid in capital222142138135134134134
Retained earnings2,8502,5302,1301,7071,5421,3511,089
Other undisclosed stockholders' equity attributable to parent8888899
Total stockholders' equity:3,0812,6802,2771,8511,6851,4941,232
TOTAL LIABILITIES AND EQUITY:3,9963,5453,0682,6962,4672,2361,932

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,1094,0443,3582,9922,9722,7882,338
Revenue, net3,3582,9922,9722,7882,338
Cost of revenue(2,725)(2,690)(766)(658)(729)(788)(667)
Cost of goods and services sold(199)(187)(636)(555)(628)(707)(617)
Gross profit:1,3841,3542,5922,3342,2432,0001,671
Operating expenses(565)(537)(2,016)(1,850)(1,745)(1,558)(1,332)
Other undisclosed operating loss     (0)(0)
Operating income:819817576484498441338
Nonoperating income (expense)5(2)(0)(6)(8)(9)(10)
Investment income, nonoperating7310000
Other nonoperating income (expense)(1)(4)1(2)(3)(2)(0)
Interest and debt expense(0)(0)(2)(4)(5)(7)(10)
Other undisclosed income from continuing operations before equity method investments, income taxes00245710
Income from continuing operations before income taxes:824816576478490433329
Income tax expense(208)(210)(112)(182)(185)(165)(123)
Net income available to common stockholders, diluted:616606464296305268206

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:616606464296305268206
Comprehensive income, net of tax, attributable to parent:616606464296305268206

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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