What is Covenant Logistics Group's net margin?

Covenant Logistics Group (CVLG) reported net margin of 3.7% in Q3 2024.

How has Covenant Logistics Group's net margin changed year-over-year?

Covenant Logistics Group's net margin decreased by 22.3% year-over-year, from 4.8% to 3.7%.

What is the long-term trend for Covenant Logistics Group's net margin?

Over 3 years (2020 to 2023), Covenant Logistics Group's net margin has grown at a -0.6% compound annual growth rate (CAGR), from -5.1% to 5%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Covenant Logistics Group CVLG Net margin

Net margin at other companies

JB Hunt Transport ServicesJBHT

5.1%+0.5pp

Werner EnterprisesWERN

-0.3%-0.9pp

Knight-Swift Transportation Holdings Inc.KNX

1.9%+1.3pp

Schneider NationalSNDR

1.7%-0.6pp

Landstar SystemLSTR

2.6%-1.1pp

Heartland ExpressHTLD

-5.7%+642pp

Other financials

Income statement

See full

Revenue$307.2M+14.0%

Operating income$6.3M-17.6%

Net income$4.4M-32.7%

EPS (diluted)$0.17-29.2%

Balance sheet

See full

Cash & equivalents$11.2M+0.1%

Total debt$291.7M+4.9%

Total equity$407.6M-8.1%

Total assets$1.0B+3.8%

Cash flow

See full

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

See full

Market cap$1.08B+77.6%

Enterprise value$1.36B+55.5%

P/E36×+0.6×

P/S0.9×—

Profitability

See full

Operating margin2.8%—

FCF margin-0.6%—

Returns & leverage

See full

Return on equity7.5%-2.6pp

Debt / equity0.7×+0.1×

Current ratio1×0.0×

Where this comes from

Calculated from Covenant Logistics Group’s reported figures.

net income/total revenue=3.7%

Based on trailing twelve months.

The official record: Covenant Logistics Group’s 10-Q, filed November 1, 2024, on SEC EDGAR. View the filing →

Ask your AI about Covenant Logistics Group's net margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Covenant Logistics Group's net margin?: Covenant Logistics Group (CVLG) reported net margin of 3.7% in Q3 2024.
How has Covenant Logistics Group's net margin changed year-over-year?: Covenant Logistics Group's net margin decreased by 22.3% year-over-year, from 4.8% to 3.7%.
What is the long-term trend for Covenant Logistics Group's net margin?: Over 3 years (2020 to 2023), Covenant Logistics Group's net margin has grown at a -0.6% compound annual growth rate (CAGR), from -5.1% to 5%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.