Old Dominion Q4 2020 Earnings Report
Key Takeaways
Old Dominion Freight Line reported a 6.4% increase in revenue and a 34.2% increase in earnings per diluted share for Q4 2020. The company's operating ratio improved to a record 76.3%. Revenue growth was driven by an improving economy and increased demand, with investments in service centers and equipment providing necessary network capacity.
Revenue increased by 6.4% due to an improving domestic economy and higher demand.
Earnings per diluted share increased by 34.2%.
Operating ratio improved to a record 76.3% due to quality revenue growth and increased efficiency.
The company returned $74.8 million of capital to shareholders through share repurchases and cash dividends.
Old Dominion
Old Dominion
Old Dominion Revenue by Segment
Forward Guidance
Old Dominion anticipates aggregate capital expenditures of approximately $605 million for 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income