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| 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% |