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Covenant Logistics Group Inc
NASDAQ:CVLG

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Covenant Logistics Group Inc Logo
Covenant Logistics Group Inc
NASDAQ:CVLG
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Price: 46.92 USD 0.36% Market Closed
Updated: May 16, 2024

Gross Margin
Covenant Logistics Group Inc

63.6%
Current
61%
Average
26.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
63.6%
=
Gross Profit
709.7m
/
Revenue
1.1B

Gross Margin Across Competitors

Country US
Market Cap 613.3m USD
Gross Margin
64%
Country US
Market Cap 139.3B USD
Gross Margin
32%
Country US
Market Cap 39.6B USD
Gross Margin
88%
Country US
Market Cap 17.6B USD
Gross Margin
19%
Country US
Market Cap 15.4B USD
Gross Margin
-33%
Country SG
Market Cap 14.5B USD
Gross Margin
36%
Country US
Market Cap 13.5B USD
Gross Margin
38%
Country US
Market Cap 13.5B USD
Gross Margin
38%
Country US
Market Cap 13.1B USD
Gross Margin
57%
Country CN
Market Cap 11.8B USD
Gross Margin
9%
Country CA
Market Cap 15.6B CAD
Gross Margin
50%

Profitability Report

View the profitability report to see the full profitability analysis for Covenant Logistics Group Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
63.6%
=
Gross Profit
709.7m
/
Revenue
1.1B
What is the Gross Margin of Covenant Logistics Group Inc?

Based on Covenant Logistics Group Inc's most recent financial statements, the company has Gross Margin of 63.6%.