Covenant Logistics
CVLG
$45.02
Share price
-0.38%
Change (1 day)
6.35%
Change (1 year)
Categories
Operating Margin for Covenant Logistics (CVLG)
Operating Margin as of May 2024 (TTM): 11.64%
According to Covenant Logistics 's latest financial reports and stock price the company's current Operating Margin is 11.64%. At the end of 2021 the company had an Operating Margin of 7.57%.
Operating Margin history for Covenant Logistics from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 7.57% | -474.94% |
| 2020 | -2.02% | -251.19% |
| 2019 | 1.33% | -79.62% |
| 2018 | 6.55% | 98.26% |
| 2017 | 3.30% | -18.59% |
| 2016 | 4.06% | -54% |
| 2015 | 8.82% | 94.72% |
| 2014 | 4.53% | 143.36% |
| 2013 | 1.86% | 1.25% |
| 2012 | 1.84% | -173.01% |
| 2011 | -2.52% | -272.93% |
| 2010 | 1.46% | -128.54% |
| 2009 | -5.10% | -40.31% |
| 2008 | -8.55% | 173.17% |
| 2007 | -3.13% | -768.78% |
| 2006 | 0.47% | -77.99% |
| 2005 | 2.13% | 8.52% |
| 2004 | 1.96% | -56.88% |
| 2003 | 4.54% | 24.65% |
| 2002 | 3.65% | -337.75% |
| 2001 | -1.53% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Werner Enterprises
WERN | 7.25% | -37.71% | 🇺🇸 USA |
 Marten Transport MRTN | 11.40% | -2.06% | 🇺🇸 USA |
 Heartland Express HTLD | 17.46% | 50.00% | 🇺🇸 USA |
 Knight-Swift
KNX | 9.85% | -15.38% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.