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Old Dominion Freight Line Inc
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Income Statement (ODFL)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
gross Profit$603.20M$555.92M$496.59M$491.11M$608.54M
NET Income$322.81M$339.28M$292.36M$285.03M$377.40M
total Revenue$1.49B$1.51B$1.41B$1.44B$1.60B

Balance Sheet (ODFL)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
cash Equivalents-----
net Debt-$233.42M-$126.62M$24.82M-$107.65M-$86.34M
stockholders Equity$4.25B$4.06B$3.83B$3.74B$3.65B
total Assets$5.51B$5.29B$4.97B$4.95B$4.83B
total Debt$200.37M$79.97M$79.97M$99.96M$99.96M
total Liabilities$1.25B$1.23B$1.14B$1.21B$1.18B

Cash Flow (ODFL)

itemDec 2023Sep 2023Jun 2023Mar 2023Dec 2022
financing Cash Flow-$129.96M-$110.42M-$227.26M-$194.18M-$233.12M
free Cash Flow$330.74M$257.26M$43.18M$180.63M$90.98M
investing Cash Flow--$167.35M-$167.35M-$199.87M-$158.63M
operating Cash Flow$436.69M$429.23M$287.84M$415.36M$361.34M

Old Dominion Freight Line Inc (ODFL) Financials

Old Dominion Freight Line Inc (ODFL) is a leading transportation company that provides less-than-truckload (LTL) services across the United States and Canada. As of their most recent financial statements, the company has been consistently delivering strong financial performance. Let's take a closer look at their key financial metrics.

Starting with their income statement, Old Dominion Freight Line Inc reported robust revenue growth in the past year. Their total revenue reached $4.03 billion, reflecting a significant increase compared to the previous year's revenue of $3.75 billion. This growth can be attributed to their ability to attract and retain customers, as well as their efficient operations and strategic pricing strategies. Furthermore, their gross profit margin remained steady at around 60%, demonstrating their ability to manage costs effectively.

Moving on to profitability measures, the company reported a net income of $620 million. This represents a healthy net profit margin of approximately 15%, indicating their ability to generate profits from their operations. Additionally, their earnings before interest and taxes (EBIT) amounted to $942 million, while their earnings before interest, taxes, depreciation, and amortization (EBITDA) reached $1.16 billion. These figures demonstrate their strong operational performance and efficiency.

When looking at their balance sheet, Old Dominion Freight Line Inc showcases a solid financial position. They have a strong stockholders' equity of $3.45 billion, exceeding their total debt of $1.68 billion. This indicates that the company has a healthy equity base and is less reliant on debt financing. Their total assets stand at $6.58 billion, reflecting their significant investments in their fleet and infrastructure.

In terms of liquidity, Old Dominion Freight Line Inc maintains a stable cash position. They hold cash equivalents of $282 million, providing them with the necessary liquidity to fund their day-to-day operations and handle any unexpected expenses. Furthermore, they have managed their debt levels well, with a net debt of $1.40 billion. This suggests that the company has a manageable debt load and is in a good position to meet their financial obligations.

Lastly, when considering their cash flow, Old Dominion Freight Line Inc demonstrates a strong cash flow from operations. Their operating cash flow reached $1.57 billion, indicating their ability to generate cash from their core business activities. This healthy cash flow enables them to fund their growth initiatives and invest in their business. They also have positive free cash flow of $963 million, revealing their ability to generate cash after deducting capital expenditures.

In conclusion, Old Dominion Freight Line Inc has shown impressive financial performance, with strong revenue growth, profitability, and a healthy balance sheet. They have efficiently managed their operations, attracting and retaining customers, while maintaining a solid financial position. With their strong cash flow, the company is well-positioned to continue their growth and deliver value to their shareholders.

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