Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc.verified

CVLG

Price:

$50.48

Market Cap:

$664.87M

Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third partie...[Read more]

Industry

Trucking

IPO Date

1994-10-28

Stock Exchange

NASDAQ

Ticker

CVLG

The ROE as of September 2024 (TTM) for Covenant Logistics Group, Inc. (CVLG) is 10.46%

According to Covenant Logistics Group, Inc.’s latest financial reports and current stock price. The company's current ROE is 10.46%. This represents a change of 299.13% compared to the average of 2.62% of the last 4 quarters.

Covenant Logistics Group, Inc. (CVLG) Historical ROE (quarterly & annually)

How has CVLG ROE performed in the past?

The mean historical ROE of Covenant Logistics Group, Inc. over the last ten years is 12.71%. The current 10.46% ROE has changed -17.68% with respect to the historical average. Over the past ten years (40 quarters), CVLG's ROE was at its highest in in the December 2017 quarter at 16.70%. The ROE was at its lowest in in the December 2020 quarter at -8.83%.

Quarterly (TTM)
Annual

Average

12.71%

Median

13.04%

Minimum

-4.86%

Maximum

28.82%

Covenant Logistics Group, Inc. (CVLG) ROE by Quarter and Year

Discovering the peaks and valleys of Covenant Logistics Group, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 163.73%

Maximum Annual ROE = 28.82%

Minimum Annual Increase = -457.47%

Minimum Annual ROE = -4.86%

Quarterly (TTM)
Annual
YearROEChange
202313.69%-52.49%
202228.82%65.94%
202117.37%-457.47%
2020-4.86%-300.65%
20192.42%-80.45%
201812.39%-34.04%
201718.78%163.73%
20167.12%-65.79%
201520.82%97.80%
201410.52%101.42%

Covenant Logistics Group, Inc. (CVLG) Average ROE

How has CVLG ROE performed in the past?

The current ROE of Covenant Logistics Group, Inc. (CVLG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

19.96%

5-year avg

11.49%

10-year avg

12.71%

Covenant Logistics Group, Inc. (CVLG) ROE vs. Peers

How is CVLG’s ROE compared to its peers?

Covenant Logistics Group, Inc.’s ROE is less than Marten Transport, Ltd. (5.74%), less than Werner Enterprises, Inc. (4.19%), less than Universal Logistics Holdings, Inc. (22.84%), less than Schneider National, Inc. (3.96%), greater than Heartland Express, Inc. (-2.84%), less than P.A.M. Transportation Services, Inc. (0%), less than null (0.40%),

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