---
title: "Old Dominion: Business Model"
description: "Old Dominion revenue by product line from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/old-dominion/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Old Dominion: Business Model & Revenue Engine

## Direct Answer

Old Dominion reports revenue across 2 product and service lines in its fiscal 2025 Form 10-K. LTL Service Revenue is the largest, with $5.4 billion of revenue (99% of the total), followed by Other Service Revenue at $50 million (1%).

## How Does Old Dominion Make Money?

LTL Service Revenue supplies 99% of revenue, so Old Dominion's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, LTL Service Revenue grew fastest (-5.5%) and Other Service Revenue slowest (-6.5%), so the revenue mix tilts toward LTL Service Revenue while that gap lasts.

| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| LTL Service Revenue | $5.4 billion | $5.8 billion | 99.1% | -5.5% |
| Other Service Revenue | $50 million | $54 million | 0.9% | -6.5% |

![Bar chart of Old Dominion revenue by product line for fiscal 2025: LTL Service Revenue 99.1%, Other Service Revenue 0.9%.](https://www.getswoopr.com/images/charts/old-dominion-business-model-segment-mix.webp)
*Old Dominion revenue by product line as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What the Segment Figures Do Not Show

The rows above add up to 100% of Old Dominion's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Old Dominion reported in the segment note and revenue disclosures of its Form 10-K filed February 24, 2026 (accession 0001193125-26-067161), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Old Dominion's main products and services?

In its fiscal 2025 Form 10-K, Old Dominion reports revenue for LTL Service Revenue and Other Service Revenue.

### Which part of Old Dominion brings in the most revenue?

LTL Service Revenue, with $5.4 billion of revenue in fiscal 2025, or 99% of the total.

### Where does Old Dominion report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 24, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: OLD DOMINION FREIGHT LINE, INC. Form 10-K filed February 24, 2026](https://www.sec.gov/Archives/edgar/data/878927/000119312526067161/odfl-20251231.htm)
- [SEC EDGAR: OLD DOMINION FREIGHT LINE, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=878927&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Old Dominion company dossier](https://www.getswoopr.com/stocks/companies/old-dominion/)
- [Old Dominion financial metrics](https://www.getswoopr.com/stocks/companies/old-dominion/metrics/)
- [Old Dominion financial risk indicators](https://www.getswoopr.com/stocks/companies/old-dominion/risks/)
- [Old Dominion peer comparison](https://www.getswoopr.com/stocks/companies/old-dominion/competitors/)
- [Old Dominion business model and revenue mix](https://www.getswoopr.com/stocks/companies/old-dominion/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
