Covenant Logistics (CVLG) Return on Equity [ROE] (2011 - 2026)
Covenant Logistics (CVLG) reported Return on Equity [ROE] of 0.92% for Q2 2026, down 7.48 percentage points from 8.40% a year earlier and down 0.33 percentage points from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Covenant Logistics posted Return on Equity [ROE] of 1.72%, down 6.82 percentage points from FY2024.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +15.05 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 8.53% in FY2024 (-5.62 pp), 14.15% in FY2023 (-15.75 pp), 29.91% in FY2022 (+10.94 pp) and 18.97% in FY2021 (+32.30 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Equity [ROE] since Q1 2021.
- Year over year, Return on Equity [ROE] has now declined in each of the last 12 quarters, with an average year-over-year change of -4.62 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q4 2021 (a gain of 30.60 percentage points); the low point was Q3 2023 (a drop of 17.28 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.26% (Q1 2026), 1.75% (Q4 2025) and 7.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 36.57% |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 23.52% |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 29.59% |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 8.28% |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 16.45% |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 14.43% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 14.84% |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 24.35% |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 21.47% |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 0.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.92% |
| Mar 31, 2026 | 1.26% |
| Dec 31, 2025 | 1.75% |
| Sep 30, 2025 | 7.66% |
| Jun 30, 2025 | 8.40% |
| Mar 31, 2025 | 8.73% |
| Dec 31, 2024 | 8.26% |
| Sep 30, 2024 | 9.87% |
| Jun 30, 2024 | 10.28% |
| Mar 31, 2024 | 10.50% |
| Dec 31, 2023 | 13.85% |
| Sep 30, 2023 | 13.94% |
| Jun 30, 2023 | 24.22% |
| Mar 31, 2023 | 27.57% |
| Dec 31, 2022 | 28.70% |
| Sep 30, 2022 | 31.22% |
| Jun 30, 2022 | 22.62% |
| Mar 31, 2022 | 20.25% |
| Dec 31, 2021 | 17.87% |
| Sep 30, 2021 | 6.69% |
API Access
Covenant Logistics Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();