Covenant Logistics (CVLG) EBT Margin (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly EBT Margin of 1.98% for Q1 2026, down 119.0% year-over-year from 10.42% in Q1 2025, and down 42.52% quarter-over-quarter from 3.45% in Q3 2025.
Covenant Logistics (CVLG) EBT Margin (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported EBT Margin for 17 consecutive years, with 1.98% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 119.0% year-over-year to 1.98%; the TTM figure through Mar 2026 stood at 3.29% (down 33.0% YoY), while the FY2025 annual figure was 0.48%, down 358.0% from the prior year.
- EBT Margin fell to 1.98% in Q1 2026 per CVLG's latest filing, from 3.45% in the prior quarter.
- Across five years, EBT Margin topped out at 43.87% in Q3 2022 and bottomed at 1.68% in Q1 2024.
- Historically, EBT Margin has averaged 7.85% across 5 years, with a median of 4.73% in 2022.
- Annual changes were most pronounced in 2022 — EBT Margin soared 3565 bps — and 2023, when it slumped 3770 bps.
- Covenant Logistics' EBT Margin stood at 4.73% in 2022, then gained by 28 bps to 6.04% in 2023, then dropped by 27 bps to 4.4% in 2024, then declined by 22 bps to 3.45% in 2025, then sank by 43 bps to 1.98% in 2026.
- Business Quant data shows CVLG's EBT Margin at 1.98% in Q1 2026, 3.45% in Q3 2025, and 3.83% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 43.00 Bn | 42.71 Bn | 1.52 Bn | 30.08% |
| 2 | Xpo | 23.30 Bn | 23.01 Bn | 1.89 Bn | 9.26% |
| 3 | TFI International | 11.62 Bn | 11.41 Bn | - | 7.87% |
| 4 | Knight-Swift Transportation Holdings | 11.58 Bn | 11.39 Bn | 1.77 Bn | 3.13% |
| 5 | Saia | 9.71 Bn | 9.63 Bn | - | 13.12% |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 4.18% |
| 7 | Rxo | 3.80 Bn | 3.79 Bn | 302.00 Mn | -0.45% |
| 8 | Arcbest | 3.12 Bn | 2.96 Bn | 1.14 Bn | -1.77% |
| 9 | Werner Enterprises | 2.34 Bn | 2.28 Bn | - | 0.79% |
| 10 | Covenant Logistics | 892.48 Mn | 889.87 Mn | 320.47 Mn | 3.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.34% |
| Mar 31, 2026 | 1.98% |
| Sep 30, 2025 | 3.45% |
| Jun 30, 2025 | 3.83% |
| Mar 31, 2025 | 3.17% |
| Sep 30, 2024 | 4.40% |
| Jun 30, 2024 | 3.63% |
| Mar 31, 2024 | 1.68% |
| Dec 31, 2023 | 6.04% |
| Sep 30, 2023 | 6.18% |
| Jun 30, 2023 | 5.49% |
| Mar 31, 2023 | 8.55% |
| Dec 31, 2022 | 4.73% |
| Sep 30, 2022 | 43.87% |
| Jun 30, 2022 | 10.46% |
| Mar 31, 2022 | 10.32% |
| Dec 31, 2021 | 7.76% |
| Sep 30, 2021 | 8.23% |
| Jun 30, 2021 | 8.20% |
| Mar 31, 2021 | 5.76% |