Covenant Logistics' Net Income Applicable To Common Shares has experienced a moving downward cycle characterized by slightly volatile volatility. Compared with the previous period, Net Income Applicable To Common Shares is up roughly 4.76%, supporting projections near approximately 131.2 M. Net Income Applicable To Common Shares is the net income that remains after preferred dividends have been deducted, available to common shareholders. View All Fundamentals
Use Covenant Logistics Correlation to compare Covenant Logistics against competitors. This provides competitive positioning context.
The Net Income Applicable To Common Shares trend for Covenant Logistics Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Covenant Logistics is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Covenant Logistics' Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Covenant Logistics Group over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Covenant Logistics' Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
Covenant Net Income Applicable To Common Shares Regression Statistics
Arithmetic Mean
48,502,401
Coefficient Of Variation
104.03
Mean Deviation
42,225,530
Median
16,835,000
Standard Deviation
50,457,459
Sample Variance
2546T
Range
174M
R-Value
0.74
Mean Square Error
1229.8T
R-Squared
0.55
Significance
0.0007
Slope
7,391,074
Total Sum of Squares
40735.3T
Covenant Net Income Applicable To Common Shares History
2026
131.2 M
2025
125 M
2022
108.7 M
2021
60.7 M
2020
-42.7 M
2019
8.5 M
2018
42.5 M
Stock Overview, Methodology & Data Sources
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee. Covenant Logistics operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 3000 people. This overview emphasizes how Covenant Logistics compares to peers on valuation quality and operating consistency. Current metrics include P/E of 7.43, P/B of 1.46, profit margin of 0.62%. Covenant Logistics has a market cap of 618.67 M, P/E of 7.43, ROE of 1.05%.
Methodology
Unless otherwise specified, financial data for Covenant Logistics Group is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Covenant (USA Stocks:CVLG) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Inputs rely on public filings and market reference sources and institutional disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Publication cadence can introduce timing differences. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
Covenant Logistics Group is covered by 4 analysts. 2 analysts have submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include Morgan Stanley, Oppenheimer & Co., RBC Capital Markets, J.P. Morgan, Wells Fargo Securities, among others. Updates may occur throughout the day.
A comprehensive view of Covenant Logistics starts with financial statements and ratio context. Key ratios help frame profitability, efficiency, and growth context for Covenant Logistics Group Stock. Key reports that frame Covenant Logistics Group Stock are listed below:
Use Covenant Logistics Correlation to compare Covenant Logistics against competitors. This provides competitive positioning context.
Analysis related to Covenant Logistics should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Quarterly Earnings Growth
-0.25
Dividend Share
0.28
Earnings Share
0.16
Revenue Per Share
45.402
Quarterly Revenue Growth
0.065
Understanding Covenant Logistics includes distinguishing between market value and book value, where book value reflects Covenant's accounting equity. Covenant Logistics' market capitalization is 618.67 M. A P/B ratio of 1.46 indicates the market values Covenant Logistics above its accounting book value. Enterprise value stands at 925.09 M. Intrinsic value represents an estimate of underlying worth and can differ from both market price and book value. Valuation methods compare these perspectives to frame context.
It is useful to distinguish Covenant Logistics' value from its trading price, which are computed with different methods. For Covenant Logistics, key inputs include a P/E ratio of 7.43, a P/B ratio of 1.46, a profit margin of 0.62%, and ROE of 1.05%. By contrast, market price reflects the level where buyers and sellers transact.