Covenant Logistics (CVLG) EBT Margin (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly EBT Margin of 1.98% for Q1 2026, down 119.0% YoY from 10.42% in Q1 2025, and down 26.83% sequentially from 2.71% in Q3 2025.

Covenant Logistics (CVLG) EBT Margin (2010 - 2026) Analysis & Trends

Covenant Logistics has disclosed EBT Margin across 17 years of filings, most recently posting 1.98% for Q1 2026.

  • In Q1 2026, EBT Margin fell 119.0% year-over-year to 1.98%; the TTM figure through Mar 2026 stood at 3.06% (down 104.0% YoY), while the FY2025 annual figure was 0.48%, down 358.0% from the prior year.
  • EBT Margin declined to 1.98% in Q1 2026, from 2.71% in the prior quarter.
  • Over the last five years, EBT Margin for CVLG reached as high as 43.87% in Q3 2022 and fell as low as 1.68% in Q1 2024.
  • The 5-year median for EBT Margin is 5.52% (2024), against an average of 8.07%.
  • Annual changes were most pronounced in 2022 — EBT Margin soared 3565 bps — and 2023, when it plunged 3770 bps.
  • A 5-year view of EBT Margin shows it stood at 4.73% in 2022, then rose by 28 bps to 6.04% in 2023, then decreased by 2 bps to 5.91% in 2024, then sank by 54 bps to 2.71% in 2025, then declined by 27 bps to 1.98% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 1.98%, 2.71%, and 4.41% for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn 2.69%
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 23.80%
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 5.92%
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn -0.08%
5 Saia 11.19 Bn 11.15 Bn - 8.07%
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 1.94%
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn -3.44%
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn -0.13%
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn -0.73%
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn 1.98%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.98%
Sep 30, 2025 2.71%
Jun 30, 2025 4.41%
Mar 31, 2025 3.17%
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 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%
Dec 31, 2020 5.16%