COVENANT LOGISTICS GROUP, INC. Quarterly Return On Assets in % from Q1 2012 to Q3 2024

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Covenant Logistics Group, Inc. quarterly/annual Return On Assets history and growth rate from Q1 2012 to Q3 2024.
  • Covenant Logistics Group, Inc. Return On Assets for the quarter ending September 30, 2024 was 4.3 %, a 33.7% decline year-over-year.
  • Covenant Logistics Group, Inc. annual Return On Assets for 2023 was 6.34 %, a 57.5% decline from 2022.
  • Covenant Logistics Group, Inc. annual Return On Assets for 2022 was 14.9 %, a 63.8% increase from 2021.
  • Covenant Logistics Group, Inc. annual Return On Assets for 2021 was 9.11 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 4.3 -2.19 -33.7% Jul 1, 2024 Sep 30, 2024
Q2 2024 4.49 -6.92 -60.7% Apr 1, 2024 Jun 30, 2024
Q1 2024 4.65 -9.01 -65.9% Jan 1, 2024 Mar 31, 2024
Q4 2023 6.34 -8.57 -57.5% Oct 1, 2023 Dec 31, 2023
Q3 2023 6.49 -10.1 -60.9% Jul 1, 2023 Sep 30, 2023
Q2 2023 11.4 -0.5 -4.2% Apr 1, 2023 Jun 30, 2023
Q1 2023 13.7 +2.95 +27.5% Jan 1, 2023 Mar 31, 2023
Q4 2022 14.9 +5.81 +63.8% Oct 1, 2022 Dec 31, 2022
Q3 2022 16.6 +14 +544% Jul 1, 2022 Sep 30, 2022
Q2 2022 11.9 +10.7 +862% Apr 1, 2022 Jun 30, 2022
Q1 2022 10.7 +14.8 Jan 1, 2022 Mar 31, 2022
Q4 2021 9.11 +14.5 Oct 1, 2021 Dec 31, 2021
Q3 2021 2.58 +4.46 Jul 1, 2021 Sep 30, 2021
Q2 2021 1.24 +4.23 Apr 1, 2021 Jun 30, 2021
Q1 2021 -4.04 -4.24 -2054% Jan 1, 2021 Mar 31, 2021
Q4 2020 -5.38 -6.36 -651% Oct 1, 2020 Dec 31, 2020
Q3 2020 -1.88 -4.71 -166% Jul 1, 2020 Sep 30, 2020
Q2 2020 -2.99 -7.8 -162% Apr 1, 2020 Jun 30, 2020
Q1 2020 0.21 -5.3 -96.2% Jan 1, 2020 Mar 31, 2020
Q4 2019 0.98 -4.87 -83.2% Oct 1, 2019 Dec 31, 2019
Q3 2019 2.83 -7.99 -73.8% Jul 1, 2019 Sep 30, 2019
Q2 2019 4.81 -5.36 -52.7% Apr 1, 2019 Jun 30, 2019
Q1 2019 5.51 -3.81 -40.9% Jan 1, 2019 Mar 31, 2019
Q4 2018 5.85 -2.93 -33.4% Oct 1, 2018 Dec 31, 2018
Q3 2018 10.8 +8.88 +457% Jul 1, 2018 Sep 30, 2018
Q2 2018 10.2 +8.49 +503% Apr 1, 2018 Jun 30, 2018
Q1 2018 9.32 +7.26 +354% Jan 1, 2018 Mar 31, 2018
Q4 2017 8.78 +5.96 +211% Oct 1, 2017 Dec 31, 2017
Q3 2017 1.94 -2.05 -51.3% Jul 1, 2017 Sep 30, 2017
Q2 2017 1.69 -3.12 -64.9% Apr 1, 2017 Jun 30, 2017
Q1 2017 2.05 -4.14 -66.9% Jan 1, 2017 Mar 31, 2017
Q4 2016 2.82 -4.5 -61.4% Oct 1, 2016 Dec 31, 2016
Q3 2016 4 -3.75 -48.4% Jul 1, 2016 Sep 30, 2016
Q2 2016 4.81 -2.28 -32.1% Apr 1, 2016 Jun 30, 2016
Q1 2016 6.19 +0.34 +5.81% Jan 1, 2016 Mar 31, 2016
Q4 2015 7.32 +3.66 +99.9% Oct 1, 2015 Dec 31, 2015
Q3 2015 7.74 +6.12 +376% Jul 1, 2015 Sep 30, 2015
Q2 2015 7.09 +5.4 +319% Apr 1, 2015 Jun 30, 2015
Q1 2015 5.85 +4.53 +344% Jan 1, 2015 Mar 31, 2015
Q4 2014 3.67 +2.44 +198% Oct 1, 2014 Dec 31, 2014
Q3 2014 1.63 +0.81 +98.9% Jul 1, 2014 Sep 30, 2014
Q2 2014 1.69 +1.1 +186% Apr 1, 2014 Jun 30, 2014
Q1 2014 1.32 +0.13 +10.9% Jan 1, 2014 Mar 31, 2014
Q4 2013 1.23 -0.26 -17.5% Oct 1, 2013 Dec 31, 2013
Q3 2013 0.82 -0.82 -50% Jul 1, 2013 Sep 30, 2013
Q2 2013 0.59 -3.41 -85.3% Apr 1, 2013 Jun 30, 2013
Q1 2013 1.19 -1.4 -54.2% Jan 1, 2013 Mar 31, 2013
Q4 2012 1.49 Oct 1, 2012 Dec 31, 2012
Q3 2012 1.64 Jul 1, 2012 Sep 30, 2012
Q2 2012 4 Apr 1, 2012 Jun 30, 2012
Q1 2012 2.58 Jan 1, 2012 Mar 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.