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| Date | Value |
|---|---|
| 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% |