Covenant Logistics Group Past Earnings Performance
Past criteria checks 1/6
Covenant Logistics Group has been growing earnings at an average annual rate of 33.9%, while the Transportation industry saw earnings growing at 27.4% annually. Revenues have been growing at an average rate of 7% per year. Covenant Logistics Group's return on equity is 9.6%, and it has net margins of 3.7%.
Key information
33.9%
Earnings growth rate
37.5%
EPS growth rate
| Transportation Industry Growth | -9.5% |
| Revenue growth rate | 7.0% |
| Return on equity | 9.6% |
| Net Margin | 3.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Covenant Logistics Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,128 | 41 | 107 | 0 |
| 30 Jun 24 | 1,129 | 42 | 105 | 0 |
| 31 Mar 24 | 1,115 | 42 | 100 | 0 |
| 31 Dec 23 | 1,104 | 55 | 97 | 0 |
| 30 Sep 23 | 1,126 | 53 | 97 | 0 |
| 30 Jun 23 | 1,149 | 90 | 98 | 0 |
| 31 Mar 23 | 1,192 | 102 | 95 | 0 |
| 31 Dec 22 | 1,217 | 108 | 88 | 0 |
| 30 Sep 22 | 1,215 | 114 | 81 | 0 |
| 30 Jun 22 | 1,178 | 81 | 75 | 0 |
| 31 Mar 22 | 1,117 | 72 | 71 | 0 |
| 31 Dec 21 | 1,046 | 58 | 68 | 0 |
| 30 Sep 21 | 977 | 48 | 70 | 0 |
| 30 Jun 21 | 913 | 36 | 73 | 0 |
| 31 Mar 21 | 849 | -2 | 79 | 0 |
| 31 Dec 20 | 839 | -14 | 87 | 0 |
| 30 Sep 20 | 844 | -21 | 89 | 0 |
| 30 Jun 20 | 854 | -30 | 89 | 0 |
| 31 Mar 20 | 879 | -2 | 84 | 0 |
| 31 Dec 19 | 885 | 5 | 78 | 0 |
| 30 Sep 19 | 927 | 21 | 76 | 0 |
| 30 Jun 19 | 950 | 37 | 73 | 0 |
| 31 Mar 19 | 929 | 42 | 72 | 0 |
| 31 Dec 18 | 880 | 41 | 66 | 0 |
| 30 Sep 18 | 816 | 75 | 62 | 0 |
| 30 Jun 18 | 752 | 68 | 54 | 0 |
| 31 Mar 18 | 720 | 60 | 49 | 0 |
| 31 Dec 17 | 705 | 55 | 48 | 0 |
| 30 Sep 17 | 693 | 12 | 49 | 0 |
| 30 Jun 17 | 679 | 10 | 50 | 0 |
| 31 Mar 17 | 673 | 12 | 49 | 0 |
| 31 Dec 16 | 671 | 17 | 47 | 0 |
| 30 Sep 16 | 688 | 24 | 46 | 0 |
| 30 Jun 16 | 697 | 29 | 43 | 0 |
| 31 Mar 16 | 713 | 36 | 41 | 0 |
| 31 Dec 15 | 724 | 42 | 46 | 0 |
| 30 Sep 15 | 723 | 42 | 47 | 0 |
| 30 Jun 15 | 727 | 37 | 50 | 0 |
| 31 Mar 15 | 725 | 29 | 54 | 0 |
| 31 Dec 14 | 719 | 18 | 49 | 0 |
| 30 Sep 14 | 689 | 8 | 45 | 0 |
| 30 Jun 14 | 682 | 8 | 44 | 0 |
| 31 Mar 14 | 681 | 6 | 44 | 0 |
| 31 Dec 13 | 685 | 5 | 46 | 0 |
Quality Earnings: CV5 has a high level of non-cash earnings.
Growing Profit Margin: CV5's current net profit margins (3.7%) are lower than last year (4.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CV5's earnings have grown significantly by 33.9% per year over the past 5 years.
Accelerating Growth: CV5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CV5 had negative earnings growth (-22.3%) over the past year, making it difficult to compare to the Transportation industry average (-10.2%).
Return on Equity
High ROE: CV5's Return on Equity (9.6%) is considered low.