Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Covenant Logistics (CVLG) Asset Utilization Ratio (2016 - 2025)

Covenant Logistics (CVLG) has disclosed Asset Utilization Ratio for 15 consecutive years, with 0.84 as the latest value for Q4 2025.

  • Quarterly Asset Utilization Ratio fell 25.55% to 0.84 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.84 through Dec 2025, down 25.55% year-over-year, with the annual reading at 1.13 for FY2025, 2.22% down from the prior year.
  • Asset Utilization Ratio for Q4 2025 was 0.84 at Covenant Logistics, down from 1.13 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.73 in Q2 2022, with the low at 0.84 in Q4 2025.
  • Average Asset Utilization Ratio over 5 years is 1.29, with a median of 1.24 recorded in 2023.
  • The sharpest move saw Asset Utilization Ratio surged 44.7% in 2021, then tumbled 30.3% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 1.54 in 2021, then decreased by 12.03% to 1.36 in 2022, then decreased by 11.95% to 1.2 in 2023, then decreased by 5.68% to 1.13 in 2024, then fell by 25.55% to 0.84 in 2025.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods came in at 0.84, 1.13, and 1.14 for Q4 2025, Q3 2025, and Q2 2025 respectively.