Non-Current Assets

Accumulated Depreciation

Old Dominion Freight Line Accumulated Depreciation increased by 2.8% to $2.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $2.34B to $2.44B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 7.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging asset base, while a stable or declining ratio may indicate aggressive fleet renewal cycles.

Detailed definition

This is the cumulative amount of depreciation expense charged against property, plant, and equipment since their acquisi...

Peer comparison

Standard across capital-intensive industries; used to gauge the average age and replacement needs of the asset base.

Metric ID: ppe_accumulated_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.80B$1.86B$1.92B$1.98B$2.05B$2.11B$2.13B$2.17B$2.15B$2.16B$2.15B$2.22B$2.25B$2.27B$2.33B$2.34B$2.38B$2.41B$2.38B$2.44B
QoQ Change+3.2%+3.5%+3.3%+3.1%+3.0%+1.1%+1.9%-1.0%+0.6%-0.3%+2.9%+1.7%+0.7%+2.4%+0.7%+1.5%+1.3%-1.3%+2.8%
YoY Change+13.8%+13.5%+10.9%+9.3%+4.9%+2.6%+1.2%+2.2%+5.1%+5.1%+8.0%+5.7%+5.4%+6.0%+2.2%+4.4%
% of PP&E (Net)59.9%59.7%59.7%61.5%60.5%60.3%57.7%56.4%53.6%52.9%52.6%53.7%52.7%51.3%51.6%52.1%51.8%52.5%52.8%54.7%
Share Change-0.3pp+0.0pp+1.8pp-1.0pp-0.2pp-2.6pp-1.3pp-2.8pp-0.8pp-0.3pp+1.1pp-1.0pp-1.4pp+0.3pp+0.5pp-0.3pp+0.7pp+0.3pp+1.9pp
Range$1.80B$2.44B
CAGR+6.7%
Avg YoY Growth+6.3%
Median YoY Growth+5.3%

Frequently Asked Questions

What is Old Dominion Freight Line's accumulated depreciation?
Old Dominion Freight Line (ODFL) reported accumulated depreciation of $2.44B in Q1 2026.
How has Old Dominion Freight Line's accumulated depreciation changed year-over-year?
Old Dominion Freight Line's accumulated depreciation increased by 4.4% year-over-year, from $2.34B to $2.44B.
What is the long-term trend for Old Dominion Freight Line's accumulated depreciation?
Over 5 years (2020 to 2025), Old Dominion Freight Line's accumulated depreciation has grown at a 7.2% compound annual growth rate (CAGR), from $1.68B to $2.38B.
What does accumulated depreciation mean?
The total depreciation recorded against the company's physical assets over time.