Old Dominion Freight Line, Inc.
Close on Nov 2, 2026Market cap $36.54BP/E 34.0Yield 0.64%
Old Dominion Freight Line Productive Labor Costs by Year
Productive Labor Costs — Drivers, Platform & Fleet Technicians (% of Revenue) (%)
Old Dominion Freight Line Productive Labor Costs: 24.4% in FY2025, up 0.3 pts from a year earlier.
Where the FY2025 figure comes from
“The decrease in salaries and wages in 2025 as compared to 2024 was primarily due to the 5.4% decrease in our average number of active full-time employees, as we balanced our workforce with current shipping trends, and a decrease in performance-based bonus compensation. These changes were partially offset by the annual wage increase provided to our employees at the beginning of both September 2025 and 2024. Our productive labor costs, which include wages for drivers, platform employees, and fleet technicians, increased as a percent of revenue to 24.4% in 2025 as compared to 24.1% in 2024 as a result of the decrease in network density. Despite this decrease in network density that generally results from the decline in volumes, our team continued to deliver superior service to our customers while also focusing on operating efficiencies. Our other salaries and wages as a percent of revenue increased to 9.8% in 2025 as compared to 9.5% in 2024.”
Source: Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗
Reported in Form 10-Q & Form 10-K Item 7 MD&A.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Productive Labor Costs — Drivers, Platform & Fleet Technicians (% of Revenue) (%) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 24.4% | +0.3 pts | Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗ |
| FY2024 | Dec 31, 2024 | 24.1% | +0.5 pts | Old Dominion Form 10-K (FY2025), filed 2026-02-24 ↗ |
| FY2023 | Dec 31, 2023 | 23.6% | +0.7 pts | Old Dominion Form 10-K (FY2024), filed 2025-02-25 ↗ |
| FY2022 | Dec 31, 2022 | 22.9% | -2.2 pts | Old Dominion Form 10-K (FY2022), filed 2023-02-22 ↗ |
| FY2021 | Dec 31, 2021 | 25.1% | -2.7 pts | Old Dominion Form 10-K (FY2022), filed 2023-02-22 ↗ |
| FY2020 | Dec 31, 2020 | 27.8% | +17.6 pts | Old Dominion Form 10-K (FY2021), filed 2022-02-23 ↗ |
| FY2019 | Dec 31, 2019 | 10.2% | -17.7 pts | Old Dominion Form 10-K (FY2020), filed 2021-02-24 ↗ |
| FY2018 | Dec 31, 2018 | 27.9% | -0.4 pts | Old Dominion Form 10-K (FY2019), filed 2020-02-26 ↗ |
| FY2017 | Dec 31, 2017 | 28.3% | – | Old Dominion Form 10-K (FY2018), filed 2019-02-27 ↗ |
Cite this data
StockData. (2026). Old Dominion Freight Line Productive Labor Costs (%), annual FY2017–FY2025 [Data set]. Compiled from Old Dominion Freight Line SEC filings and investor materials. https://stockdatahq.com/stocks/odfl/kpis/productive-labor-pct-rev
See every metric in the Old Dominion Freight Line KPI table. Data updated Nov 2, 2026.