Is the business good?
How good a business is CVLG?
Covenant Logistics Group, Inc. earns −0.13% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−0.13%
Return on invested capital · cost of capital 9.0% · 9.1 points below what the capital costs: growth destroys value
- Operating margin
- −0.09%
Operating margin · Trucking median 1.8% · 12 months to Q2 2026
- Share count, year on year
- −2.4%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | −1.7% |
| FY2021 | 6.4% |
| FY2022 | 9.9% |
| FY2023 | 5.3% |
| FY2024 | 4.0% |
| FY2025 | 0.25% |
Details›
- Operating margin12 months to Q2 2026
- −0.09%
- Net margin12 months to Q2 2026
- 0.31%
- Free cash flow margin
- −3.1%
- Revenue, trailing twelve months
- $1.23B
- Free cash flow, trailing twelve months
- −$38M
- Net income, trailing twelve months
- $3.8M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −0.13%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.