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

Covenant Logistics (CVLG) posted quarterly Net Margin of 1.44% for Q1 2026, up 51.01% sequentially from 0.95% in Q3 2025.

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

Covenant Logistics has disclosed Net Margin across 17 years of filings, most recently posting 1.44% for Q1 2026.

  • In Q1 2026, Net Margin changed N/A year-over-year to 1.44%; the TTM figure through Mar 2026 stood at 0.62% (up 59.0% YoY), while the FY2025 annual figure was 0.24%, up 19.0% from the prior year.
  • Net Margin rose to 1.44% in Q1 2026, from 0.95% in the prior quarter.
  • Over the last five years, Net Margin for CVLG reached as high as 1.44% in Q1 2026 and fell as low as 0.05% in Q3 2023.
  • The 5-year median for Net Margin is 0.05% (2023), against an average of 0.29%.
  • Annual changes were most pronounced in 2023 — Net Margin decreased 30 bps — and 2025, when it soared 90 bps.
  • A 5-year view of Net Margin shows it stood at 0.08% in 2022, then dropped by 28 bps to 0.05% in 2023, then declined by 5 bps to 0.05% in 2024, then soared by 1729 bps to 0.95% in 2025, then jumped by 51 bps to 1.44% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 1.44%, 0.95%, and 0.05% for Q1 2026, Q3 2025, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn 0.00%
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 17.85%
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 4.82%
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn -0.08%
5 Saia 11.19 Bn 11.15 Bn - 6.19%
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 1.46%
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn -2.53%
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn -0.10%
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn -0.55%
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn 1.44%

Historic Data

Download Data
DateValue
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%