COVENANT LOGISTICS GROUP, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | 4.0% | 0.5% |
| FY2011 | — | -0.2% | -2.2% |
| FY2012 | — | 3.4% | 0.9% |
| FY2013 | — | 3.0% | 0.8% |
| FY2014 | — | 5.5% | 2.5% |
| FY2015 | — | 9.4% | 5.8% |
| FY2016 | — | 4.8% | 2.5% |
| FY2017 | — | 4.0% | 7.9% |
| FY2018 | — | 6.3% | 4.8% |
| FY2019 | — | 1.0% | 1.0% |
| FY2020 | — | -1.7% | -5.1% |
| FY2021 | — | 6.4% | 5.8% |
| FY2022 | — | 9.9% | 8.9% |
| FY2023 | — | 5.3% | 5.0% |
| FY2024 | — | 4.0% | 3.2% |
| FY2025 | — | 0.3% | 0.6% |