Covenant Logistics Group Stock

Covenant Logistics Group ROCE

The Return on Capital Employed (ROCE) of Covenant Logistics Group (CVLG) as of Aug 17, 2026 is 4.37 %. In the previous year, Return on Capital Employed (ROCE) was 13.31 % — a change of -67.18% (lower).

ROCE

4.37 %

YoY

-67.18%

Last updated:

In 2026, Covenant Logistics Group's return on capital employed (ROCE) was 4.37 %, a -67.18% increase from the 13.31 % ROCE in the previous year.

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Covenant Logistics Group Stock analysis

What does Covenant Logistics Group do? The Covenant Logistics Group Inc is an American company that was founded in 1986. It has since become one of the leading logistics companies in North America. The company is listed on the NASDAQ under the symbol "CVLG" and employs people in various areas of the logistics industry. The company offers its customers a wide range of transportation and logistics services. From storage and distribution to specialized services such as the transport of chemicals, hazardous goods, and food. The different divisions of the company are organized under different brands, such as "Southern Refrigerated Transport" for the transport of food or "Landair Transport" for the transport of goods of all kinds. The company relies on a modern and efficient fleet system, which consists of over 2,500 trucks and 7,000 trailers. These are equipped with advanced technology to ensure the safety and reliability of the transports. The business model of Covenant Logistics Group Inc is based on a strong customer orientation. The company sees itself as a partner for its customers and does everything to meet their requirements and expectations. This is not only about transporting goods from one place to another. Rather, comprehensive consulting and support are offered to optimize and simplify the customers' logistics processes. To meet this demand, the company relies on high quality and safety standards. It is certified according to ISO 9001 and operates according to the requirements of the environmental management standard ISO 14001. Another strength of Covenant Logistics Group Inc is the support and training of its employees. The company attaches great importance to the training and development of its employees and offers them a variety of training and further education opportunities. Overall, Covenant Logistics Group Inc is a company that stands out for its decades of experience and a wide range of logistics services. It relies on modern fleet management, strong customer orientation, and high quality standards. Covenant Logistics Group is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Covenant Logistics Group's Return on Capital Employed (ROCE)

Covenant Logistics Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Covenant Logistics Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Covenant Logistics Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Covenant Logistics Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Covenant Logistics Group stock

Return on Capital Employed (ROCE) of Covenant Logistics Group is 4.37 % in 2026.

Return on Capital Employed (ROCE) of Covenant Logistics Group changed from 13.31 % to 4.37 %, representing a -67.18% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Covenant Logistics Group since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Covenant Logistics Group with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Covenant Logistics Group

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Covenant Logistics Group