CVLG
Price:
$54.21
Market Cap:
$714.47M
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
According to Covenant Logistics Group, Inc.’s latest financial reports and current stock price. The company's current ROE is 10.11%. This represents a change of 301.38% compared to the average of 2.52% of the last 4 quarters.
The mean historical ROE of Covenant Logistics Group, Inc. over the last ten years is 12.71%. The current 10.11% ROE has changed -20.44% 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%.
Average
12.71%
Median
13.04%
Minimum
-4.86%
Maximum
28.82%
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%
Year | ROE | Change |
---|---|---|
2023 | 13.69% | -52.49% |
2022 | 28.82% | 65.94% |
2021 | 17.37% | -457.47% |
2020 | -4.86% | -300.65% |
2019 | 2.42% | -80.45% |
2018 | 12.39% | -34.04% |
2017 | 18.78% | 163.73% |
2016 | 7.12% | -65.79% |
2015 | 20.82% | 97.80% |
2014 | 10.52% | 101.42% |
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.’s ROE is less than Marten Transport, Ltd. (4.41%), less than Werner Enterprises, Inc. (3.09%), less than Universal Logistics Holdings, Inc. (22.27%), less than Schneider National, Inc. (3.78%), greater than Heartland Express, Inc. (-2.70%), less than P.A.M. Transportation Services, Inc. (0%), greater than null (-0.79%),
Company | ROE | Market cap |
---|---|---|
4.41% | $1.28B | |
3.09% | $2.23B | |
22.27% | $1.24B | |
3.78% | $5.14B | |
-2.70% | $873.67M | |
0% | $429.55M | |
-0.79% | $0 |
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