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Old Dominion (ODFL) Reports Q3 Earnings: What Key Metrics Have to Say

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Old Dominion Freight Line (ODFL - Free Report) reported $1.59 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 13.1%. EPS of $1.65 for the same period compares to $1.28 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.56 billion, representing a surprise of +1.89%. The company delivered an EPS surprise of +2.48%, with the consensus EPS estimate being $1.61.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Old Dominion performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Operating Ratio: 71.5% versus 71.6% estimated by four analysts on average.
  • LTL tonnage per day: 32.19 Kton/D compared to the 32.14 Kton/D average estimate based on two analysts.
  • LTL shipments per day: 43.33 thousand versus 43.39 thousand estimated by two analysts on average.
  • LTL revenue per hundredweight: $38.40 compared to the $37.92 average estimate based on two analysts.
  • LTL revenue per hundredweight, excluding fuel surcharges: $30.25 compared to the $30.07 average estimate based on two analysts.
  • Work days: 64.00 Days versus the two-analyst average estimate of 64.00 Days.
  • LTL weight per shipment (lbs.): 1,486.00 lbs compared to the 1,481.57 lbs average estimate based on two analysts.
  • LTL shipments: 2,773 versus 2,777 estimated by two analysts on average.
  • LTL tons: 2,060.00 KTon versus 2,056.84 KTon estimated by two analysts on average.

View all Key Company Metrics for Old Dominion here>>>

Shares of Old Dominion have returned +5.4% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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