COVENANT LOGISTICS GROUP, INC.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2015 | — | 6.0% | 6.1% |
| Jun 2015 | — | 10.7% | 6.3% |
| Sep 2015 | — | 8.4% | 4.4% |
| Dec 2015 | — | 11.7% | 6.4% |
| Mar 2016 | — | 4.7% | 2.8% |
| Jun 2016 | — | 4.6% | 2.3% |
| Sep 2016 | — | 3.3% | 1.7% |
| Dec 2016 | — | 6.4% | 3.1% |
| Mar 2017 | — | 0.2% | 0.0% |
| Jun 2017 | — | 2.4% | 0.9% |
| Sep 2017 | — | 5.1% | 2.6% |
| Dec 2017 | — | 7.3% | 24.2% |
| Mar 2018 | — | 3.7% | 2.5% |
| Jun 2018 | — | 7.2% | 5.1% |
| Sep 2018 | — | 6.7% | 4.8% |
| Dec 2018 | — | 8.2% | 6.1% |
| Mar 2019 | — | 1.8% | 2.0% |
| Jun 2019 | — | 3.2% | 2.8% |
| Sep 2019 | — | -1.8% | -1.4% |
| Dec 2019 | — | 0.7% | 0.5% |
| Mar 2020 | — | -0.7% | -1.0% |
| Jun 2020 | — | -15.1% | -11.7% |
| Sep 2020 | — | 3.2% | 3.6% |
| Dec 2020 | — | 4.2% | -11.4% |
| Mar 2021 | — | 4.8% | 5.0% |
| Jun 2021 | — | 7.2% | 6.0% |
| Sep 2021 | — | 7.3% | 6.0% |
| Mar 2022 | — | 8.2% | 7.6% |
| Jun 2022 | — | 8.5% | 7.7% |
| Sep 2022 | — | 18.9% | 16.2% |
| Mar 2023 | — | 6.6% | 6.2% |
| Jun 2023 | — | 4.3% | 4.5% |
| Sep 2023 | — | 5.2% | 4.7% |
| Mar 2024 | — | 1.6% | 1.4% |
| Jun 2024 | — | 5.4% | 4.2% |
| Sep 2024 | — | 5.6% | 4.5% |