COVENANT LOGISTICS GROUP, INC. (CVLG) Return on equity 2018–2025
COVENANT LOGISTICS GROUP, INC. (CVLG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
1.8%FY2025 · since FY2018: 12.4% → 1.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 1.8% | -6.8 pp |
| FY2024 | 8.6% | -4.6 pp |
| FY2023 | 13.2% | -15.6 pp |
| FY2022 | 28.8% | +11.5 pp |
| FY2021 | 17.4% | +32.1 pp |
| FY2020 | -14.7% | -17.1 pp |
| FY2019 | 2.4% | -10.0 pp |
| FY2018 | 12.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice