Covenant Logistics (CVLG) Operating Margin (2016 - 2025)
Covenant Logistics (CVLG) has disclosed Operating Margin for 16 consecutive years, with 8.78% as the latest value for Q4 2025.
- On a quarterly basis, Operating Margin rose 78.0% to 8.78% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.1%, a 75.0% decrease, with the full-year FY2025 number at 0.1%, down 75.0% from a year prior.
- Operating Margin was 8.78% for Q4 2025 at Covenant Logistics, down from 2.67% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 39.54% in Q3 2022 to a low of 10.97% in Q4 2021.
- A 5-year average of 4.1% and a median of 4.53% in 2021 define the central range for Operating Margin.
- Peak YoY movement for Operating Margin: soared 3223bps in 2022, then tumbled -2953bps in 2023.
- Covenant Logistics' Operating Margin stood at 10.97% in 2021, then surged by 134bps to 3.68% in 2022, then tumbled by -391bps to 10.73% in 2023, then increased by 11bps to 9.56% in 2024, then grew by 8bps to 8.78% in 2025.
- Per Business Quant, the three most recent readings for CVLG's Operating Margin are 8.78% (Q4 2025), 2.67% (Q3 2025), and 3.82% (Q2 2025).