Covenant Logistics (CVLG) EBT Margin (2010 - 2026)
Covenant Logistics' EBT Margin came in at 3.34% for Q2 2026, down 1.07 percentage points from 4.41% a year earlier but up 1.36 percentage points from the prior quarter.
Covenant Logistics (CVLG) EBT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Covenant Logistics reported EBT Margin of 0.07%, down 4.08 percentage points year-over-year; for FY2025, it came in at 0.48%, down 3.58 percentage points from FY2024.
- EBT Margin has declined in each of the last three years, though with a five-year change of +2.50 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 4.06% in FY2024 (-2.49 pp), 6.55% in FY2023 (-5.19 pp), 11.73% in FY2022 (+4.17 pp) and 7.57% in FY2021 (+9.59 pp).
- The five-year range for quarterly EBT Margin is -8.24% (Q4 2025) to 21.01% (Q3 2022).
- Year-over-year, EBT Margin has declined for five consecutive quarters, with an average year-over-year change of -2.45 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q3 2022 (a gain of 12.78 percentage points), and the weakest in Q3 2023 (a drop of 14.83 percentage points).
- Business Quant data shows CVLG's EBT Margin at 1.98% (Q1 2026), -8.24% (Q4 2025) and 2.71% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 37.22% |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 33.55% |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 3.33% |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 32.64% |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 27.68% |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 8.43% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 5.32% |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 30.08% |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 5.81% |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 3.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.34% |
| Mar 31, 2026 | 1.98% |
| Dec 31, 2025 | -8.24% |
| Sep 30, 2025 | 2.71% |
| Jun 30, 2025 | 4.41% |
| Mar 31, 2025 | 3.17% |
| Dec 31, 2024 | 3.00% |
| Sep 30, 2024 | 5.91% |
| Jun 30, 2024 | 5.52% |
| 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 | 21.01% |
| Jun 30, 2022 | 10.46% |
| Mar 31, 2022 | 10.32% |
| Dec 31, 2021 | 7.76% |
| Sep 30, 2021 | 8.23% |
Covenant Logistics EBT 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=ebt-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();