Old Dominion Q4 EPS falls 16.3% to $1.23 on 7.3% revenue drop; dividend up 7.7%
Old Dominion reported fourth-quarter 2024 revenue of $1.39 billion, down 7.3% from a year earlier, as softer domestic demand reduced shipment volumes. Diluted earnings per share fell 16.3% to $1.23, and the operating ratio rose to 75.9% from 71.8%, so profit declined sharply, though the company also raised its quarterly dividend 7.7% to $0.28 per share.
Key points
- Q4 2024 total revenue was $1.39 billion, down 7.3%; LTL tons per day fell 8.2%.
- Operating income was $334 million, down 20.7%, and the operating ratio rose to 75.9% from 71.8%.
- Diluted EPS was $1.23 versus $1.47; full-year 2024 diluted EPS was $5.48 versus $5.63.
- The first-quarter dividend of $0.28 per share is payable March 19, 2025, to holders of record on March 5, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.