Covenant Logistics Group Inc (CVLG)
43.80
-0.36
(-0.82%)
USD |
NASDAQ |
Apr 25, 10:03
Covenant Logistics Group Gross Profit Margin (Quarterly): 15.74% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 15.74% |
| September 30, 2023 | 15.25% |
| June 30, 2023 | 13.92% |
| March 31, 2023 | 14.58% |
| December 31, 2022 | 13.13% |
| September 30, 2022 | 15.73% |
| June 30, 2022 | 16.49% |
| March 31, 2022 | 15.67% |
| December 31, 2021 | 13.62% |
| September 30, 2021 | 14.53% |
| June 30, 2021 | 14.77% |
| March 31, 2021 | 13.33% |
| December 31, 2020 | 13.92% |
| September 30, 2020 | 14.24% |
| June 30, 2020 | 11.57% |
| March 31, 2020 | 12.34% |
| December 31, 2019 | 11.51% |
| September 30, 2019 | 9.97% |
| June 30, 2019 | 13.71% |
| March 31, 2019 | 12.91% |
| December 31, 2018 | 15.75% |
| September 30, 2018 | 16.62% |
| June 30, 2018 | 17.66% |
| March 31, 2018 | 13.63% |
| December 31, 2017 | 15.78% |
| Date | Value |
|---|---|
| September 30, 2017 | 13.75% |
| June 30, 2017 | 11.65% |
| March 31, 2017 | 10.78% |
| December 31, 2016 | 16.74% |
| September 30, 2016 | 13.11% |
| June 30, 2016 | 13.89% |
| March 31, 2016 | 13.82% |
| December 31, 2015 | 20.67% |
| September 30, 2015 | 16.01% |
| June 30, 2015 | 17.91% |
| March 31, 2015 | 17.15% |
| December 31, 2014 | 21.32% |
| September 30, 2014 | 16.48% |
| June 30, 2014 | 13.99% |
| March 31, 2014 | 8.98% |
| December 31, 2013 | 13.85% |
| September 30, 2013 | 12.17% |
| June 30, 2013 | 12.82% |
| March 31, 2013 | 9.45% |
| December 31, 2012 | 12.88% |
| September 30, 2012 | 12.37% |
| June 30, 2012 | 14.74% |
| March 31, 2012 | 12.46% |
| December 31, 2011 | -119.7% |
| September 30, 2011 | 55.11% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
9.97%
Minimum
Sep 2019
16.49%
Maximum
Jun 2022
13.90%
Average
13.92%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Heartland Express Inc | 6.32% |
| Landstar System Inc | 13.66% |
| Marten Transport Ltd | 13.99% |
| Old Dominion Freight Line Inc | 35.34% |
| P.A.M. Transportation Services Inc | 6.35% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.34% |
| Return on Assets | 6.45% |
| Return on Invested Capital | 9.96% |
| Profit Margin (Quarterly) | 4.67% |
| Operating Margin (Quarterly) | 5.13% |
| Return on Net Operating Assets | 7.40% |