Covenant Logistics (CVLG) Equity Income (2011 - 2019)
Covenant Logistics (CVLG) posted quarterly Equity Income of -$1.0 million for Q4 2019, down 118.58% year-over-year from $5.6 million in Q4 2018, and down 122.88% quarter-over-quarter from $4.6 million in Q3 2019.
Covenant Logistics (CVLG) Equity Income (2011 - 2019) Analysis & Trends
Covenant Logistics (CVLG) has reported Equity Income for 9 consecutive years, with -$1.0 million the latest figure, recorded in Q4 2019.
- In Q4 2019, Equity Income fell 118.58% year-over-year to -$1.0 million; the TTM figure through Dec 2019 stood at $13.4 million (down 18.67% YoY), while the FY2019 annual figure was $13.4 million, down 18.75% from the prior year.
- Equity Income slipped to -$1.0 million in Q4 2019 per CVLG's latest filing, from $4.6 million in the prior quarter.
- Across five years, Equity Income topped out at $5.6 million in Q4 2018 and bottomed at -$1.0 million in Q4 2019.
- Historically, Equity Income has averaged $2.6 million across 5 years, with a median of $2.1 million in 2015.
- Annual changes were most pronounced in 2018 — Equity Income jumped 219.71% — and 2019, when it sank 118.58%.
- Covenant Logistics' Equity Income stood at $1.4 million in 2015, then climbed by 18.58% to $1.6 million in 2016, then advanced by 8.95% to $1.8 million in 2017, then surged by 219.71% to $5.6 million in 2018, then slumped by 118.58% to -$1.0 million in 2019.
- Business Quant data shows CVLG's Equity Income at -$1.0 million in Q4 2019, $4.6 million in Q3 2019, and $4.8 million in Q2 2019.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | - |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | - |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | - |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | - |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | - |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 650,000.00 |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | 5.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -1.05 Mn |
| Sep 30, 2019 | 4.59 Mn |
| Jun 30, 2019 | 4.79 Mn |
| Mar 31, 2019 | 5.09 Mn |
| Dec 31, 2018 | 5.65 Mn |
| Sep 30, 2018 | 4.37 Mn |
| Jun 30, 2018 | 3.46 Mn |
| Mar 31, 2018 | 3.02 Mn |
| Dec 31, 2017 | 1.77 Mn |
| Sep 30, 2017 | 1.50 Mn |
| Jun 30, 2017 | 2.02 Mn |
| Mar 31, 2017 | 1.64 Mn |
| Dec 31, 2016 | 1.62 Mn |
| Sep 30, 2016 | 1.17 Mn |
| Jun 30, 2016 | 1.61 Mn |
| Mar 31, 2016 | 1.81 Mn |
| Dec 31, 2015 | 1.37 Mn |
| Sep 30, 2015 | 2.18 Mn |
| Jun 30, 2015 | 2.75 Mn |
| Mar 31, 2015 | 2.77 Mn |