Covenant Operating Income from 2010 to 2026
| CV5 Stock | EUR 23.80 0.60 2.46% |
Operating Income | First Reported 2018-06-30 | Previous Quarter 11.9 M | Current Value 7.4 M | Quarterly Volatility 7.6 M |
Check Covenant Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Covenant Logistics' main balance sheet or income statement drivers, such as Interest Expense of 16.4 M, Selling General Administrative of 88.9 M or Total Revenue of 1 B, as well as many indicators such as . Covenant financial statements analysis is a perfect complement when working with Covenant Logistics Valuation or Volatility modules.
Covenant | Operating Income |
The Operating Income trend for Covenant Logistics Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Covenant Logistics is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Covenant Logistics' Operating Income Growth Pattern
Below is the plot of the Operating Income of Covenant Logistics Group over the last few years. Operating Income is the amount of profit realized from Covenant Logistics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Covenant Logistics Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Covenant Logistics' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Covenant Operating Income Regression Statistics
| Arithmetic Mean | 52,103,206 | |
| Geometric Mean | 44,743,857 | |
| Coefficient Of Variation | 40.21 | |
| Mean Deviation | 16,672,639 | |
| Median | 58,986,000 | |
| Standard Deviation | 20,948,493 | |
| Sample Variance | 438.8T | |
| Range | 75.5M | |
| R-Value | (0.31) | |
| Mean Square Error | 424.2T | |
| R-Squared | 0.09 | |
| Significance | 0.23 | |
| Slope | (1,270,614) | |
| Total Sum of Squares | 7021.4T |
Covenant Operating Income History
About Covenant Logistics Financial Statements
Covenant Logistics stakeholders use historical fundamental indicators, such as Covenant Logistics' Operating Income, to determine how well the company is positioned to perform in the future. Although Covenant Logistics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Covenant Logistics' assets and liabilities are reflected in the revenues and expenses on Covenant Logistics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Covenant Logistics Group. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 53.3 M | 48.9 M |
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