Covenant Logistics Group annual operating margin
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2025
Covenant Logistics Group Operating Margin Growth & History (CVLG)
Covenant Logistics Group's operating margin was 0.25% for fiscal 2025.
View full Covenant Logistics Group company overviewCovenant Logistics Group annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 0.25% | −3.70 pp |
| 2024 | 2024-12-31 | 3.96% | −1.37 pp |
| 2023 | 2023-12-31 | 5.33% | −4.59 pp |
| 2022 | 2022-12-31 | 9.92% | +3.50 pp |
| 2021 | 2021-12-31 | 6.42% | +8.09 pp |
| 2020 | 2020-12-31 | −1.67% | −2.66 pp |
| 2019 | 2019-12-31 | 0.99% | −5.30 pp |
| 2018 | 2018-12-31 | 6.29% | +2.30 pp |
| 2017 | 2017-12-31 | 3.99% | −0.84 pp |
| 2016 | 2016-12-31 | 4.84% | −4.52 pp |
| 2015 | 2015-12-31 | 9.36% | +3.84 pp |
| 2014 | 2014-12-31 | 5.51% | +2.54 pp |
| 2013 | 2013-12-31 | 2.98% | −0.46 pp |
| 2012 | 2012-12-31 | 3.44% | +3.60 pp |
| 2011 | 2011-12-31 | −0.16% | −4.17 pp |
| 2010 | 2010-12-31 | 4.00% | +4.80 pp |
| 2009 | 2009-12-31 | −0.80% | — |
Covenant Logistics Group quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.66% | −1.16 pp |
| Q1 2026 | 2026-03-31 | 2.05% | −0.79 pp |
| Q4 2025 | 2025-12-31 | −8.19% | −11.29 pp |
| Q3 2025 | 2025-09-30 | 2.67% | −2.97 pp |
| Q2 2025 | 2025-06-30 | 3.82% | −1.60 pp |
| Q1 2025 | 2025-03-31 | 2.83% | +1.28 pp |
| Q4 2024 | 2024-12-31 | 3.11% | −2.10 pp |
| Q3 2024 | 2024-09-30 | 5.64% | +0.40 pp |
| Q2 2024 | 2024-06-30 | 5.42% | +1.12 pp |
| Q1 2024 | 2024-03-31 | 1.56% | −5.05 pp |
| Q4 2023 | 2023-12-31 | 5.21% | +1.52 pp |
| Q3 2023 | 2023-09-30 | 5.24% | −13.69 pp |
| Q2 2023 | 2023-06-30 | 4.30% | −4.17 pp |
| Q1 2023 | 2023-03-31 | 6.61% | −1.57 pp |
| Q4 2022 | 2022-12-31 | 3.68% | −2.52 pp |
| Q3 2022 | 2022-09-30 | 18.94% | +11.62 pp |
| Q2 2022 | 2022-06-30 | 8.47% | +1.32 pp |
| Q1 2022 | 2022-03-31 | 8.18% | +3.42 pp |
| Q4 2021 | 2021-12-31 | 6.20% | +1.95 pp |
| Q3 2021 | 2021-09-30 | 7.31% | +4.08 pp |
| Q2 2021 | 2021-06-30 | 7.15% | +22.25 pp |
| Q1 2021 | 2021-03-31 | 4.76% | +5.45 pp |
| Q4 2020 | 2020-12-31 | 4.25% | +4.17 pp |
| Q3 2020 | 2020-09-30 | 3.23% | +4.99 pp |
| Q2 2020 | 2020-06-30 | −15.10% | −18.34 pp |
| Q1 2020 | 2020-03-31 | −0.69% | −3.17 pp |
| Q4 2019 | 2019-12-31 | 0.08% | −6.93 pp |
| Q3 2019 | 2019-09-30 | −1.76% | −8.41 pp |
| Q2 2019 | 2019-06-30 | 3.24% | −3.93 pp |
| Q1 2019 | 2019-03-31 | 2.48% | −1.23 pp |
| Q4 2018 | 2018-12-31 | 7.01% | −0.29 pp |
| Q3 2018 | 2018-09-30 | 6.65% | +1.59 pp |
| Q2 2018 | 2018-06-30 | 7.16% | +4.75 pp |
| Q1 2018 | 2018-03-31 | 3.70% | +3.51 pp |
| Q4 2017 | 2017-12-31 | 7.30% | +0.88 pp |
| Q3 2017 | 2017-09-30 | 5.06% | +1.75 pp |
| Q2 2017 | 2017-06-30 | 2.41% | −2.20 pp |
| Q1 2017 | 2017-03-31 | 0.19% | −4.55 pp |
| Q4 2016 | 2016-12-31 | 6.42% | −5.27 pp |
| Q3 2016 | 2016-09-30 | 3.31% | −5.12 pp |
| Q2 2016 | 2016-06-30 | 4.61% | −6.09 pp |
| Q1 2016 | 2016-03-31 | 4.74% | −1.26 pp |
| Q4 2015 | 2015-12-31 | 11.70% | −0.22 pp |
| Q3 2015 | 2015-09-30 | 8.43% | +5.29 pp |
| Q2 2015 | 2015-06-30 | 10.70% | +5.49 pp |
| Q1 2015 | 2015-03-31 | 6.01% | +5.79 pp |
| Q4 2014 | 2014-12-31 | 11.92% | +6.89 pp |
| Q3 2014 | 2014-09-30 | 3.15% | −0.30 pp |
| Q2 2014 | 2014-06-30 | 5.21% | +1.53 pp |
| Q1 2014 | 2014-03-31 | 0.22% | +0.65 pp |
| Q4 2013 | 2013-12-31 | 5.03% | +2.13 pp |
| Q3 2013 | 2013-09-30 | 3.44% | +0.69 pp |
| Q2 2013 | 2013-06-30 | 3.68% | −2.77 pp |
| Q1 2013 | 2013-03-31 | −0.43% | −1.94 pp |
| Q4 2012 | 2012-12-31 | 2.90% | +2.19 pp |
| Q3 2012 | 2012-09-30 | 2.76% | +8.80 pp |
| Q2 2012 | 2012-06-30 | 6.46% | +2.27 pp |
| Q1 2012 | 2012-03-31 | 1.50% | +1.31 pp |
| Q4 2011 | 2011-12-31 | 0.72% | −4.24 pp |
| Q3 2011 | 2011-09-30 | −6.04% | −11.99 pp |
| Q2 2011 | 2011-06-30 | 4.18% | — |
| Q1 2011 | 2011-03-31 | 0.19% | — |
| Q3 2010 | 2010-09-30 | 4.96% | — |
| Q2 2010 | 2010-06-30 | 5.94% | — |
Covenant Logistics Group operating margin trends
Over the last five reported fiscal years, Covenant Logistics Group's operating margin increased from −1.67% to 0.25%, a change of +1.92 percentage points. The latest reported quarter, Q2 2026, shows 2.66%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Covenant Logistics Group filings at SEC.gov ↗