Covenant Logistics (CVLG) Net Margin (2010 - 2026)
Covenant Logistics (CVLG) reported Net Margin of 1.44% for Q1 2026, up 51.01% on a QoQ basis from 0.95% in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Net Margin data on file, last reported at 1.44% in Q1 2026.
- Quarterly Net Margin changed N/A year-over-year to 1.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.62% (up 59.0% YoY) and the FY2025 annual result came in at 0.24%, up 19.0% from the prior year.
- Net Margin improved to 1.44% in Q1 2026 per CVLG's latest filing, from 0.95% in the prior quarter.
- Across five years, Net Margin topped out at 1.44% in Q1 2026 and bottomed at 0.05% in Q3 2023.
- The 5-year median for Net Margin is 0.05% (2023), against an average of 0.29%.
- The widest annual swing landed in 2023, when Net Margin fell 30 bps; it then jumped 90 bps in 2025.
- Tracing CVLG's Net Margin over 5 years: stood at 0.08% in 2022, then decreased by 28 bps to 0.05% in 2023, then slipped by 5 bps to 0.05% in 2024, then jumped by 1729 bps to 0.95% in 2025, then surged by 51 bps to 1.44% in 2026.
- Per Business Quant, the three latest CVLG Net Margin figures stand at 1.44% (Q1 2026), 0.95% (Q3 2025), and 0.05% (Q3 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 17.85% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 4.82% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 6.19% |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | -0.08% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 1.46% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -2.53% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | -0.10% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | -0.55% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -6.48% |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 1.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.44% |
| Sep 30, 2025 | 0.95% |
| Sep 30, 2024 | 0.05% |
| Jun 30, 2024 | 0.05% |
| Mar 31, 2024 | 0.05% |
| Dec 31, 2023 | 0.05% |
| Sep 30, 2023 | 0.05% |
| Jun 30, 2023 | 0.05% |
| Mar 31, 2023 | 0.06% |
| Dec 31, 2022 | 0.08% |
| Sep 30, 2022 | 0.35% |
| Jun 30, 2021 | -0.01% |
| Mar 31, 2021 | 1.16% |
| Dec 31, 2020 | -14.69% |
| Sep 30, 2020 | 1.32% |
| Jun 30, 2020 | 0.43% |
| Mar 31, 2020 | 0.41% |
| Dec 31, 2019 | 0.39% |
| Sep 30, 2019 | 0.39% |
| Jun 30, 2019 | 0.38% |
| Mar 31, 2019 | 0.31% |
| Dec 31, 2018 | 11.11% |
| Sep 30, 2018 | 4.77% |
| Jun 30, 2018 | 5.08% |
| Mar 31, 2018 | 2.54% |
| Dec 31, 2017 | 12.27% |
| Sep 30, 2017 | 2.59% |
| Jun 30, 2017 | 0.94% |
| Mar 31, 2017 | -0.02% |
| Dec 31, 2016 | 7.62% |
| Sep 30, 2016 | 1.74% |
| Jun 30, 2016 | 2.29% |
| Mar 31, 2016 | 2.78% |
| Dec 31, 2015 | 6.36% |
| Sep 30, 2015 | 4.40% |
| Jun 30, 2015 | 6.27% |
| Mar 31, 2015 | 6.12% |
| Dec 31, 2014 | 13.74% |
| Sep 30, 2014 | 1.05% |
| Jun 30, 2014 | 2.18% |
| Mar 31, 2014 | -0.85% |
| Dec 31, 2013 | 6.61% |
| Sep 30, 2013 | 1.15% |
| Jun 30, 2013 | 1.10% |
| Mar 31, 2013 | -1.19% |
| Dec 31, 2012 | 4.21% |
| Sep 30, 2012 | 0.59% |
| Jun 30, 2012 | 2.48% |
| Mar 31, 2012 | -0.41% |
| Dec 31, 2011 | -2.84% |
| Sep 30, 2011 | -6.95% |
| Jun 30, 2011 | 0.96% |
| Mar 31, 2011 | -1.58% |
| Dec 31, 2010 | 4.93% |
| Sep 30, 2010 | 1.36% |
| Jun 30, 2010 | 2.04% |