Covenant Logistics Group's revenue for the
three
months ended in Dec. 2023 was $274 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,115 Mil.
Covenant Logistics Group's Revenue per Share for the
three
months ended in Dec. 2023 was $19.41.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $80.90.
Warning Sign:
Covenant Logistics Group Inc revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Covenant Logistics Group was 1.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 18.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 13.10% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Covenant Logistics Group's highest 3-Year average Revenue per Share Growth Rate was 23.70% per year. The lowest was -6.90% per year. And the median was 7.00% per year.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Covenant Logistics Group's Revenue
For the Trucking subindustry, Covenant Logistics Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Covenant Logistics Group's Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Covenant Logistics Group's Revenue distribution charts can be found below:
* The bar in red indicates where Covenant Logistics Group's Revenue falls into.
Covenant Logistics Group Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,115 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Covenant Logistics Group (NAS:CVLG) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Covenant Logistics Group Revenue Related Terms
Thank you for viewing the detailed overview of Covenant Logistics Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Covenant Logistics Group (Covenant Logistics Group) Business Description
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
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