Old Dominion Freight Reports Revenue Decline for May 2025

Old Dominion Freight ( (ODFL) ) has issued an update.

On June 4, 2025, Old Dominion Freight Line reported a 5.8% decrease in revenue per day for May 2025 compared to May 2024, attributed to an 8.4% drop in LTL tons per day. Despite this, LTL revenue per hundredweight increased, reflecting the company’s strong service metrics and yield management initiatives. President Marty Freeman noted that while the domestic economy remains soft, Old Dominion’s market share has remained stable, and the company is focused on executing its long-term strategic plan to enhance shareholder value.

The most recent analyst rating on (ODFL) stock is a Buy with a $210.00 price target. To see the full list of analyst forecasts on Old Dominion Freight stock, see the ODFL Stock Forecast page.

Spark’s Take on ODFL Stock

According to Spark, TipRanks’ AI Analyst, ODFL is a Outperform.

Old Dominion Freight scores well due to its strong financial health and operational efficiency. Despite facing revenue and economic challenges, the company maintains high service performance and prudent financial management. Mixed valuation signals and cautious earnings guidance temper the overall outlook.

To see Spark’s full report on ODFL stock, click here.

More about Old Dominion Freight

Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (LTL) motor carriers, offering regional, inter-regional, and national LTL services through a single integrated, union-free organization. The company provides expedited transportation and maintains a network of service centers across the continental United States, along with strategic alliances for broader North American coverage. It also offers value-added services such as container drayage, truckload brokerage, and supply chain consulting.

Average Trading Volume: 1,922,898

Technical Sentiment Signal: Hold

Current Market Cap: $33.81B

See more insights into ODFL stock on TipRanks’ Stock Analysis page.