Old Dominion Freight Line, Inc. (NASDAQ:ODFL) stock rose Wednesday after the company reported fourth-quarter 2025 results.
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Revenue fell 5.7% year over year (Y/Y) to $1.307 billion, beating expectations of $1.298 billion. The decline was primarily due to a 10.7% Y/Y drop in LTL tons per day.
LTL tons per day fell due to a 9.7% Y/Y decrease in shipments per day and a 1.0% Y/Y decline in weight per shipment, partially offset by an increase of 4.9% in LTL revenue per hundredweight, excluding fuel surcharges.
Operating income dropped 8.9% Y/Y to $304.25 million, and the company’s operating ratio was 76.7%, up from 75.9% a year ago.
Net income for …