Old Dominion Freight Line, Inc.
Close on Nov 2, 2026Market cap $36.54BP/E 34.0Yield 0.64%
Old Dominion Freight Line Diesel Fuel Gallons Consumed (YoY %) by Year
Diesel Fuel Gallons Consumed (YoY %) (%)
Old Dominion Freight Line Diesel Fuel Gallons Consumed (YoY %): -8.5% in FY2023, down 12.6 pts from a year earlier. No newer figure appears in the documents we track.
Where the FY2023 figure comes from
“Operating supplies and expenses decreased $134.6 million, or 15.8%, in 2023 as compared to 2022, due primarily to decreases in our costs for diesel fuel used in our vehicles. The cost of diesel fuel, excluding fuel taxes, represents the largest component of operating supplies and expenses, and can vary based on both the average price per gallon and consumption. Our average cost per gallon of diesel fuel decreased 19.8% in 2023 as compared to 2022. In addition, our gallons consumed decreased 8.5% in 2023 as compared to 2022 due to a decrease in our miles driven. We do not use diesel fuel hedging instruments; therefore, our costs are subject to market price fluctuations. Our other operating supplies and expenses as a percent of revenue were generally consistent in 2023 as compared to 2022.”
Source: Old Dominion Form 10-K (FY2023), filed 2024-02-26 ↗
Reported in Form 10-Q & Form 10-K MD&A.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Diesel Fuel Gallons Consumed (YoY %) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2023 | Dec 31, 2023 | -8.5% | -12.6 pts | Old Dominion Form 10-K (FY2023), filed 2024-02-26 ↗ |
| FY2022 | Dec 31, 2022 | 4.1% | – | Old Dominion Form 10-K (FY2022), filed 2023-02-22 ↗ |
| FY2020 | Dec 31, 2020 | -4.5% | -15.3 pts | Old Dominion Form 10-K (FY2020), filed 2021-02-24 ↗ |
| FY2019 | Dec 31, 2019 | 10.8% | +6.5 pts | Old Dominion Form 10-K (FY2019), filed 2020-02-26 ↗ |
| FY2018 | Dec 31, 2018 | 4.3% | – | Old Dominion Form 10-K (FY2018), filed 2019-02-27 ↗ |
Cite this data
StockData. (2026). Old Dominion Freight Line Diesel Fuel Gallons Consumed (YoY %) (%), annual FY2018–FY2023 [Data set]. Compiled from Old Dominion Freight Line SEC filings and investor materials. https://stockdatahq.com/stocks/odfl/kpis/diesel-gallons-consumed-yoy
See every metric in the Old Dominion Freight Line KPI table. Data updated Nov 2, 2026.