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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 1.12 as the latest value for Q4 2025.

  • On a quarterly basis, Asset Utilization Ratio changed 0.24% to 1.12 in Q4 2025 year-over-year; TTM through Dec 2025 was 1.12, a 0.24% change, with the full-year FY2025 number at 1.14, down 1.67% from a year prior.
  • Asset Utilization Ratio was 1.12 for Q4 2025 at Covenant Logistics, roughly flat from 1.13 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.73 in Q2 2022 to a low of 1.02 in Q2 2024.
  • A 5-year average of 1.27 and a median of 1.17 in 2023 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: skyrocketed 44.7% in 2021, then crashed 30.3% in 2023.
  • Covenant Logistics' Asset Utilization Ratio stood at 1.54 in 2021, then decreased by 12.03% to 1.36 in 2022, then dropped by 22.93% to 1.05 in 2023, then rose by 7.75% to 1.13 in 2024, then fell by 0.24% to 1.12 in 2025.
  • Per Business Quant, the three most recent readings for CVLG's Asset Utilization Ratio are 1.12 (Q4 2025), 1.13 (Q3 2025), and 1.14 (Q2 2025).