CSIMarket
 


Covenant Transportation Group Inc  (CVTI)
Other Ticker:  
 

Covenant Transportation Group Inc's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


Return On Equity (Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
Y / Y Equity Change 7.35 % 11.13 % 16.57 % 16.24 % -
Y / Y Net Income Change - - 37.45 % -66.53 % 150.73 %
Net Income (TTM) in Millions 13 31 44 43 75
Return On Equity (TTM) 3.84 % 9.05 % 13.24 % 13.24 % 24.36 %
Total Ranking # 2206 # 1585 # 1059 # 501 #
Equity (TTM) in Millions 350 348 352 343 326
Seq. Equity Change 0.48 % -0.92 % 2.49 % 5.21 % 4.02 %
Seq. Net Income Change - - -63.21 % 42.08 % 16.48 %


Roe Comment
Covenant Transportation Group Inc returned in IV. Quarter 3.84 % on shareholder's equity, that was lower than company average return on equity.

ROE decreased compare to previous quarter, due to detoriation of net income.

Within Transportation sector 60 other companies have achieved higher return on equity. While Return on equity total ranking has deteriorated compare to previous quarter from 1597 to 2244.

What is ROE?
Return On Equity Company Ranking
Within: No.
Industry # 25
Sector # 61
Overall # 2229

Return On Equity Statistics
High Average Low
24.36 %
15.24 %
3.49 %
(Sep 30 2018)   (Jun 30 2017)


Annual Return On Equity (Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2015)
2015
(Dec 31 2014)
2014
Total Equity in Millions 350 343 295 202 169
Y / Y Equity Change 2.03 % 16.24 % 46.02 % 19.48 % 68.6 %
Net Income in Millions 8 43 55 42 18
Y / Y Net Income Change -80.06 % -23.33 % 31.73 % 136.33 % 239.59 %
Return On Equity 2.42 % 12.39 % 18.78 % 20.82 % 10.52 %





Annual Roe Comment
In 2019 ROE decreased compare to previous year to 2.42 %, due to detoriation of net income.


Financial Statements
Covenant Transportation Group Inc's Equity $ 350 Millions CVTI's Balance sheet
Covenant Transportation Group Inc's Income $ -6 Millions Quarterly CVTI's Income Statement
CVTI's Income by Division See CVTI's Income by Division

More Return On Equity Ratios
Transport & Logistics Industry Roe Trends and Statistics
Transportation Sector Return On Equity Statistics
Roe Trends for overall market
CVTI's Roe Ratio versus Transport & Logistics Industry, Transportation Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for CVTI's Competitors
Return On Equity for Covenant Transportation Group Inc's Suppliers
Roe for CVTI's Customers

You may also want to know
CVTI's Roa CVTI's Inventory Turnover Ratio CVTI's Growth Rates CVTI's Dividend Statistics
CVTI's Annual Roe CVTI's Profitability Ratios CVTI's Asset Turnover Ratio CVTI's Dividend Growth
CVTI's Roi CVTI's Valuation Ratios CVTI's Financial Strength Ratios CVTI's Dividend Payout Ratio



Companies with similar Return On Equity at Dec 31 2019, within Transportation Sector ROE
Hoegh Lng Partners Lp  10.52 %
Hub Group Inc   10.31 %
Marten Transport Ltd  10.30 %
Global Ship Lease Inc   9.80 %
Mesa Air Group Inc  9.32 %
Frontline Ltd  9.27 %
Knot Offshore Partners Lp  9.17 %
Dht Holdings Inc   8.11 %
Sfl Corporation Ltd   8.06 %
Dorian Lpg Ltd.  8.06 %
Greenbrier Companies Inc  7.42 %
Pangaea Logistics Solutions Ltd   7.06 %
Costamare Inc.  7.02 %
Schneider National Inc   6.70 %
Knight swift Transportation Holdings Inc   5.55 %
Pam Transportation Services Inc  5.53 %
Trinity Industries Inc  5.48 %
Arcbest Corporation  5.35 %
Scorpio Bulkers Inc   5.10 %
Kirby Corp  4.29 %
Seacor Holdings Inc  3.97 %
Echo Global Logistics inc   3.89 %
Covenant Transportation Group Inc  3.84 %
Westinghouse Air Brake Technologies Corp  3.32 %
Usd Partners Lp  3.18 %
Brookfield Infrastructure Partners L.p.  2.93 %
Overseas Shipholding Group Inc  2.59 %
Golden Ocean Group Limited  2.46 %
Expedia Group Inc   1.16 %
Patriot Transportation Holding, Inc.  0.80 %



             
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

HQY's Profile

Stock Price

HQY's Financials

Business Description

Fundamentals

Charts & Quotes

HQY's News

Suppliers

HQY's Competitors

Customers & Markets

Economic Indicators

HQY's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2020 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071