Growth Metrics

Covenant Logistics (CVLG) Gross Margin (2016 - 2025)

Covenant Logistics (CVLG) has disclosed Gross Margin for 16 consecutive years, with 90.06% as the latest value for Q3 2025.

  • Quarterly Gross Margin fell 579.0% to 90.06% in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 91.41% through Sep 2025, down 340.0% year-over-year, with the annual reading at 94.92% for FY2025, 517.0% up from the prior year.
  • Gross Margin for Q3 2025 was 90.06% at Covenant Logistics, down from 90.76% in the prior quarter.
  • The five-year high for Gross Margin was 129.96% in Q4 2022, with the low at 72.24% in Q4 2021.
  • Average Gross Margin over 5 years is 93.08%, with a median of 92.5% recorded in 2022.
  • The sharpest move saw Gross Margin soared 5772bps in 2022, then crashed -3407bps in 2023.
  • Over 5 years, Gross Margin stood at 72.24% in 2021, then skyrocketed by 80bps to 129.96% in 2022, then dropped by -26bps to 95.88% in 2023, then decreased by -6bps to 90.12% in 2024, then decreased by 0bps to 90.06% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 90.06%, 90.76%, and 94.95% for Q3 2025, Q2 2025, and Q1 2025 respectively.