Covenant Logistics [CVLG] vs Old Dominion Freight [ODFL] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Covenant Logistics wins in 8 metrics, Old Dominion Freight wins in 12 metrics, with 0 ties. Old Dominion Freight appears stronger overall.

View Metrics Details

Vital Metrics Comparison

MetricCovenant LogisticsOld Dominion FreightBetter
P/E Ratio (TTM)17.8528.20Covenant Logistics
Price-to-Book Ratio1.407.20Covenant Logistics
Debt-to-Equity Ratio62.704.02Old Dominion Freight
PEG Ratio4.8324.47Covenant Logistics
EV/EBITDA6.0016.85Covenant Logistics
Profit Margin (TTM)3.18%19.42%Old Dominion Freight
Operating Margin (TTM)3.92%25.42%Old Dominion Freight
EBITDA Margin (TTM)3.92%25.42%Old Dominion Freight
Return on Equity8.19%26.25%Old Dominion Freight
Return on Assets (TTM)3.60%16.43%Old Dominion Freight
Free Cash Flow (TTM)$-30.07M$887.97MOld Dominion Freight
Dividend Yield0.26%0.81%Old Dominion Freight
1-Year Return-8.84%-25.24%Covenant Logistics
Price-to-Sales Ratio (TTM)0.555.41Covenant Logistics
Enterprise Value$888.08M$30.09BOld Dominion Freight
EV/Revenue Ratio0.785.34Covenant Logistics
Gross Profit Margin (TTM)15.55%32.74%Old Dominion Freight
Revenue per Share (TTM)$43$27Covenant Logistics
Earnings per Share (Diluted)$1.31$5.12Old Dominion Freight
Beta (Stock Volatility)1.421.25Old Dominion Freight
Performance
Key Stats
Valuation
Financials
Short Interest
Dividends

Covenant Logistics vs Old Dominion Freight Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Covenant Logistics-1.20%-0.64%-9.30%9.16%-13.70%-14.02%
Old Dominion Freight-0.60%1.84%-13.69%-9.78%-28.41%-17.79%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Covenant Logistics-8.84%39.13%126.13%79.70%477.75%242.88%
Old Dominion Freight-25.24%-8.08%50.82%492.53%2,641.18%4,400.31%

Performance & Financial Health Analysis: Covenant Logistics vs Old Dominion Freight

MetricCVLGODFL
Market Information
Market Cap i$621.14M$30.51B
Market Cap CategorySmall capLarge cap
10 Day Avg. Volume i99,0402,446,496
90 Day Avg. Volume i121,0001,938,852
Last Close$23.11$144.46
52 Week Range$17.46 - $30.77$141.73 - $233.26
% from 52W High-24.89%-38.07%
All-Time High$30.77 (Nov 11, 2024)$233.26 (Nov 11, 2024)
% from All-Time High-24.89%-38.07%
Growth Metrics
Quarterly Revenue Growth0.05%-0.06%
Quarterly Earnings Growth-0.19%-0.17%
Financial Health
Profit Margin (TTM) i0.03%0.19%
Operating Margin (TTM) i0.04%0.25%
Return on Equity (TTM) i0.08%0.26%
Debt to Equity (MRQ) i62.704.02
Cash & Liquidity
Book Value per Share (MRQ)$16.71$20.04
Cash per Share (MRQ)$0.42$0.11
Operating Cash Flow (TTM) i$126.97M$1.65B
Levered Free Cash Flow (TTM) i$410.28M$1.87B
Dividends
Last 12-Month Dividend Yield i0.26%0.81%
Last 12-Month Dividend i$0.06$1.36

Valuation & Enterprise Metrics Analysis: Covenant Logistics vs Old Dominion Freight

MetricCVLGODFL
Price Ratios
P/E Ratio (TTM) i17.8528.20
Forward P/E i4.8324.47
PEG Ratio i4.8324.47
Price to Sales (TTM) i0.555.41
Price to Book (MRQ) i1.407.20
Market Capitalization
Market Capitalization i$621.14M$30.51B
Enterprise Value i$888.08M$30.09B
Enterprise Value Metrics
Enterprise to Revenue i0.785.34
Enterprise to EBITDA i6.0016.85
Risk & Other Metrics
Beta i1.421.25
Book Value per Share (MRQ) i$16.71$20.04

Financial Statements Comparison: Covenant Logistics vs Old Dominion Freight

Financial Metrics

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Revenue

EBITDA

Shareholders Equity

Operating Margin

Free Cash Flow

Long Term Debt

Profit Margin

Current Ratio

Operating Cash Flow

Income Statement (MRQ)

Metric (MRQ)CVLGODFL
Revenue/Sales i$269.36M$1.37B
Cost of Goods Sold i$227.47M$924.77M
Gross Profit i$41.89M$450.09M
Research & Development iN/AN/A
Operating Income (EBIT) i$7.95M$338.06M
EBITDA i$33.52M$427.78M
Pre-Tax Income i$8.55M$338.64M
Income Tax i$1.98M$83.98M
Net Income (Profit) i$6.56M$254.66M

Balance Sheet & Liquidity Metrics (MRQ)

Metric (MRQ)CVLGODFL
Cash & Equivalents i$11.24M$97.20M
Total Current Assets i$179.77M$734.38M
Total Current Liabilities i$164.30M$557.35M
Long-Term Debt i$216.26M$39.99M
Total Shareholders Equity i$443.64M$4.24B
Retained Earnings i$282.84M$3.99B
Property, Plant & Equipment iN/A$3.42B

Cash Flow Statement Comparison (MRQ)

Metric (MRQ)CVLGODFL
Operating Cash Flow i$14.01M$351.18M
Capital Expenditures i$-23.94M$-82.92M
Free Cash Flow i$-8.60M$248.37M
Debt Repayment i$-42.30MN/A
Common Stock Repurchase iN/A$-201.08M

Short Interest & Institutional Ownership Analysis

MetricCVLGODFL
Shares Short i545,02310.04M
Short Ratio i3.655.74
Short % of Float i0.04%0.06%
Average Daily Volume (10 Day) i99,0402,446,496
Average Daily Volume (90 Day) i121,0001,938,852
Shares Outstanding i26.47M212.98M
Float Shares i16.07M194.05M
% Held by Insiders i0.26%0.10%
% Held by Institutions i0.67%0.81%

Dividend Analysis & Yield Comparison: Covenant Logistics vs Old Dominion Freight

MetricCVLGODFL
Last 12-Month Dividend i$0.06$1.36
Last 12-Month Dividend Yield i0.26%0.81%
3-Year Avg Annual Dividend i$0.08$1.45
3-Year Avg Dividend Yield i0.12%0.19%
3-Year Total Dividends i$0.25$4.34
Ex-Dividend DateDec 06, 2024Sep 03, 2025