Covenant Logistics (CVLG) EBIT Margin (2010 - 2026)
Covenant Logistics (CVLG) recorded EBIT Margin of 2.66% in Q2 2026, down 1.16 percentage points from 3.82% a year earlier but up 0.61 percentage points from the prior quarter.
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Analysis
Covenant Logistics (CVLG) EBIT Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' EBIT Margin came in at -0.09% as of Jun 30, 2026, down 3.96 percentage points year-over-year; for FY2025, it came in at 0.25%, down 3.70 percentage points from FY2024.
- Annual EBIT Margin has declined for three straight years, though with a five-year change of +1.92 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 3.96% in FY2024 (-1.37 pp), 5.33% in FY2023 (-4.59 pp), 9.92% in FY2022 (+3.50 pp) and 6.42% in FY2021 (+8.09 pp).
- Quarterly EBIT Margin has ranged from -8.19% in Q4 2025 to 18.94% in Q3 2022 over the past five years.
- On a year-over-year basis, EBIT Margin has declined for five consecutive quarters, with an average year-over-year change of -2.28 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 11.62 percentage points in Q3 2022, against a drop of 13.69 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.05% (Q1 2026), -8.19% (Q4 2025) and 2.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 40.25% |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 38.27% |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 35.35% |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 32.44% |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 6.20% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 6.20% |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 2.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.66% |
| Mar 31, 2026 | 2.05% |
| Dec 31, 2025 | -8.19% |
| Sep 30, 2025 | 2.67% |
| Jun 30, 2025 | 3.82% |
| Mar 31, 2025 | 2.83% |
| Dec 31, 2024 | 3.11% |
| Sep 30, 2024 | 5.64% |
| Jun 30, 2024 | 5.42% |
| Mar 31, 2024 | 1.56% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 5.24% |
| Jun 30, 2023 | 4.30% |
| Mar 31, 2023 | 6.61% |
| Dec 31, 2022 | 3.68% |
| Sep 30, 2022 | 18.94% |
| Jun 30, 2022 | 8.47% |
| Mar 31, 2022 | 8.18% |
| Dec 31, 2021 | 6.20% |
| Sep 30, 2021 | 7.31% |
API Access
Covenant Logistics EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();