Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

Covenant Logistics (CVLG) Return on Invested Capital (2011 - 2026)

Covenant Logistics (CVLG) posted quarterly Return on Invested Capital of 0.03% for Q1 2026, up 1.0% year-over-year from 0.03% in Q1 2025, and down 20.84% quarter-over-quarter from 0.04% in Q3 2025.

Covenant Logistics (CVLG) Return on Invested Capital (2011 - 2026) Analysis & Trends

Covenant Logistics (CVLG) has reported Return on Invested Capital for 16 consecutive years, with 0.03% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Invested Capital rose 1.0% year-over-year to 0.03%; the TTM figure through Mar 2026 stood at 0.03% (up 1.0% YoY), while the FY2025 annual figure was 0.01%, changed N/A from the prior year.
  • Return on Invested Capital declined to 0.03% in Q1 2026 per CVLG's latest filing, from 0.04% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.04% in Q3 2025 and bottomed at 0.01% in Q1 2022.
  • Historically, Return on Invested Capital has averaged 0.03% across 5 years, with a median of 0.03% in 2023.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital rose 2 bps — and 2023, when it decreased 1 bps.
  • Covenant Logistics' Return on Invested Capital stood at 0.03% in 2022, then dropped by 1 bps to 0.03% in 2023, then slipped by 2 bps to 0.03% in 2024, then soared by 50 bps to 0.04% in 2025, then fell by 21 bps to 0.03% in 2026.
  • Business Quant data shows CVLG's Return on Invested Capital at 0.03% in Q1 2026, 0.04% in Q3 2025, and 0.03% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Old Dominion Freight Line 42.90 Bn 42.61 Bn 1.52 Bn 0.13%
2 Xpo 23.22 Bn 22.92 Bn 1.89 Bn 0.01%
3 TFI International 11.64 Bn 11.44 Bn - 0.00%
4 Knight-Swift Transportation Holdings 11.60 Bn 11.42 Bn 1.77 Bn 0.00%
5 Saia 9.69 Bn 9.61 Bn - 0.71%
6 Schneider National 6.27 Bn 5.74 Bn 1.00 Bn 0.03%
7 Rxo 3.79 Bn 3.78 Bn 302.00 Mn 0.00%
8 Arcbest 3.14 Bn 2.97 Bn 1.14 Bn 0.00%
9 Werner Enterprises 2.33 Bn 2.27 Bn - 0.00%
10 Covenant Logistics 885.80 Mn 883.19 Mn 320.47 Mn 0.00%

Historic Data

Download Data
DateValue
Jun 30, 2026 0.00%
Mar 31, 2026 0.03%
Sep 30, 2025 0.04%
Jun 30, 2025 0.03%
Mar 31, 2025 0.02%
Sep 30, 2024 0.03%
Jun 30, 2024 0.02%
Mar 31, 2024 0.02%
Dec 31, 2023 0.03%
Sep 30, 2023 0.02%
Jun 30, 2023 0.04%
Mar 31, 2023 0.03%
Dec 31, 2022 0.03%
Sep 30, 2022 0.03%
Jun 30, 2022 0.02%
Mar 31, 2022 0.01%
Dec 31, 2021 0.01%
Sep 30, 2021 0.01%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%