ODFL Suffering From Weak Revenues Despite Dividend Strength

Key Takeaways ODFL's operating ratio worsened to 73.4% in 2024 as freight demand and shipment volumes declined.High inflation and low fuel surcharge revenues continue to weigh on ODFL's yields.Despite revenue weakness, ODFL boosted dividends to $267.6M and share repurchases to $967.3M in 2024.Old Dominion Freight Line (ODFL) is suffering from revenue weakness as geopolitical uncertainty and high inflation continue to hurt consumer sentiment and growth expectations. The still high inflation is a concern. Due ...