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Return on assets at other companies

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7.7%+1.0pp
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-0.3%-0.9pp
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-6.2%-11.4pp

Other financials

Income statement

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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

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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

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Operating cash flow$29.0M+16.6%
CapEx$11.4M-66.0%
Free cash flow$17.6M+305%

Valuation

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Market cap$1.11B+74.9%
Enterprise value$1.39B+47.3%
P/E37.2×+0.6×
P/S0.9×

Profitability

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Operating margin2.8%
Net margin3.7%-1.1pp
FCF margin-0.6%

Returns & leverage

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Return on equity7.5%-2.6pp
Debt / equity0.7×+0.1×
Current ratio0.0×

Where this comes from

Calculated from Covenant Logistics Group’s reported figures.

Based on trailing twelve months.

The official record: Covenant Logistics Group’s 10-Q, filed November 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Covenant Logistics Group's return on assets?
Covenant Logistics Group (CVLG) reported return on assets of 3.2% in Q3 2025.
How has Covenant Logistics Group's return on assets changed year-over-year?
Covenant Logistics Group's return on assets decreased by 28.3% year-over-year, from 4.4% to 3.2%.
What is the long-term trend for Covenant Logistics Group's return on assets?
Over 4 years (2020 to 2024), Covenant Logistics Group's return on assets has grown at a -9.5% compound annual growth rate (CAGR), from -5.5% to 3.7%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.