Operating Expenses

Compensation and benefits

Old Dominion Freight Line Compensation and benefits decreased by 0.6% to $638.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $658.09M to $638.30M. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows relatively stable performance with a 1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.

Detailed definition

Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...

Peer comparison

Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.

Metric ID: compensation_and_benefits

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$611.52M$649.69M$661.12M$680.19M$705.71M$675.08M$655.85M$652.08M$642.84M$663.81M$670.95M$668.39M$683.78M$681.24M$655.90M$658.09M$672.09M$663.03M$642.11M$638.30M
QoQ Change+6.2%+1.8%+2.9%+3.8%-4.3%-2.8%-0.6%-1.4%+3.3%+1.1%-0.4%+2.3%-0.4%-3.7%+0.3%+2.1%-1.3%-3.2%-0.6%
YoY Change+15.4%+3.9%-0.8%-4.1%-8.9%-1.7%+2.3%+2.5%+6.4%+2.6%-2.2%-1.5%-1.7%-2.7%-2.1%-3.0%
Range$611.52M$705.71M
CAGR+0.9%
Avg YoY Growth+0.3%
Median YoY Growth-1.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Old Dominion Freight Line's compensation and benefits?
Old Dominion Freight Line (ODFL) reported compensation and benefits of $638.30M in Q1 2026.
How has Old Dominion Freight Line's compensation and benefits changed year-over-year?
Old Dominion Freight Line's compensation and benefits decreased by 3.0% year-over-year, from $658.09M to $638.30M.
What is the long-term trend for Old Dominion Freight Line's compensation and benefits?
Over 4 years (2021 to 2025), Old Dominion Freight Line's compensation and benefits has grown at a 1.7% compound annual growth rate (CAGR), from $2.47B to $2.64B.
What does compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits.