Covenant Logistics (CVLG) Return on Sales [ROS] (2010 - 2026)
Covenant Logistics (CVLG) recorded Return on Sales [ROS] of 2.66% in Q2 2026, down 1.16 percentage points from 3.82% a year earlier but up 0.61 percentage points from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Return on Sales [ROS] (2010 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' Return on Sales [ROS] came in at -0.09% as of Jun 30, 2026, down 3.96 percentage points year-over-year; for FY2025, it was 0.25%, down 3.70 percentage points from FY2024.
- Annual Return on Sales [ROS] has declined for three straight years, though with a five-year change of +1.92 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at 3.96% in FY2024 (-1.37 pp), 5.33% in FY2023 (-4.59 pp), 9.92% in FY2022 (+3.50 pp) and 6.42% in FY2021 (+8.09 pp).
- Quarterly Return on Sales [ROS] has ranged from -8.19% in Q4 2025 to 18.94% in Q3 2022 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] has declined for five consecutive quarters, with an average year-over-year change of -2.28 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 11.62 percentage points in Q3 2022, against a drop of 13.69 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.05% (Q1 2026), -8.19% (Q4 2025) and 2.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 40.89% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 7.63% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 39.08% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 35.25% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 6.20% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 32.61% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 7.20% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.09% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 28.46% |
| 10 | Covenant Logistics | 795.28 Mn | 773.79 Mn | - | 2.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.66% |
| Mar 31, 2026 | 2.05% |
| Dec 31, 2025 | -8.19% |
| Sep 30, 2025 | 2.67% |
| Jun 30, 2025 | 3.82% |
| Mar 31, 2025 | 2.83% |
| Dec 31, 2024 | 3.11% |
| Sep 30, 2024 | 5.64% |
| Jun 30, 2024 | 5.42% |
| Mar 31, 2024 | 1.56% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 5.24% |
| Jun 30, 2023 | 4.30% |
| Mar 31, 2023 | 6.61% |
| Dec 31, 2022 | 3.68% |
| Sep 30, 2022 | 18.94% |
| Jun 30, 2022 | 8.47% |
| Mar 31, 2022 | 8.18% |
| Dec 31, 2021 | 6.20% |
| Sep 30, 2021 | 7.31% |
API Access
Covenant Logistics Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();