8-K Announcements
6Material company update
Apr 23, 2026·SEC
Material company update
Feb 10, 2026·SEC
Material company update
Feb 9, 2026·SEC
Covenant Logistics Group, Inc.(CVLG)Earnings, Financials & Key Ratios
CVLG•NASDAQ
157.9× P/E·Price updated Jun 19, 2026
AboutCovenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.Show more
- Revenue$1.16B+2.9%
- EBITDA$113M-13.8%
- Net Income$7M-79.8%
- EPS (Diluted)0.27-79.2%
- Gross Margin8.01%-52.2%
- EBITDA Margin9.72%-16.2%
- Operating Margin1.2%-69.7%
- Net Margin0.62%-80.4%
- ROE1.72%-79.9%
CVLG Key Insights
Covenant Logistics Group, Inc. (CVLG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 93 (top 7%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Share count reduced 9.8% through buybacks
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when CVLG posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CVLG Price & Volume
Covenant Logistics Group, Inc. (CVLG) stock price & volume — 10-year historical chart
Loading chart...
CVLG Growth Metrics
Covenant Logistics Group, Inc. (CVLG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.86%
5 Years6.79%
3 Years-1.46%
TTM2.92%
Profit CAGR
10 Years-16.14%
5 Years-
3 Years-59.46%
TTM-79.85%
EPS CAGR
10 Years-19.28%
5 Years-
3 Years-57.43%
TTM-83.72%
Return on Capital
10 Years6.16%
5 Years8.3%
3 Years5.16%
Last Year1.64%
CVLG Recent Earnings
Covenant Logistics Group, Inc. (CVLG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 23, 2026Metric
Actual
Est
EPS
$0.26-25.7%
$0.35
Rev
$307M+6.6%
$288M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$0.73-317.8%
$0.34
Rev
$295M+0.8%
$293M
Q1 2026
Jan 22, 2026Metric
Actual
Est
EPS
$0.31-8.8%
$0.34
Rev
$295M+0.8%
$293M
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$0.44-2.2%
$0.45
Rev
$297M+5.1%
$282M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.26vs $0.35-25.7% | $307Mvs $288M+6.6% |
| Q1 2026 | Jan 29, 2026 | $0.73vs $0.34-317.8% | $295Mvs $293M+0.8% |
| Q1 2026 | Jan 22, 2026 | $0.31vs $0.34-8.8% | $295Mvs $293M+0.8% |
| Q4 2025 | Oct 22, 2025 | $0.44vs $0.45-2.2% | $297Mvs $282M+5.1% |
Based on last 12 quarters of dataView full earnings history →
CVLG Peer Comparison
Covenant Logistics Group, Inc. (CVLG) competitors in Truckload and Specialized Carriers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WERN | 2.44B | 40.69 | -169.54 | -1.84% | -0.48% | -1% | 0.54 | |
 HTLD | 1.12B | 14.44 | -21.55 | -23.08% | -6.51% | -6.71% | 0.21 | |
 MRTN | 1.37B | 16.85 | 80.24 | -8.31% | 1.97% | 2.27% | 0.00 | |
 SNDR | 6.26B | 35.68 | 60.47 | 7.25% | 1.73% | 3.24% | 0.19 | |
 KNX | 12.04B | 74.12 | 180.78 | 0.8% | 0.45% | 0.48% | 0.41 | |
 JBHT | 25.66B | 271.22 | 44.32 | -0.73% | 4.99% | 16.78% | 0.41 | |
 ODFL | 46.07B | 221.04 | 45.76 | -5.48% | 18.63% | 24.03% | 0.03 | |
 SAIA | 11.6B | 435.12 | 45.71 | 0.79% | 7.84% | 10.04% | 0.16 |
Compare CVLG vs Peers
Covenant Logistics Group, Inc. (CVLG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CVLG Income Statement
Covenant Logistics Group, Inc. (CVLG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 705.01M | 885.46M | 885.39M | 838.56M | 1.05B | 1.22B | 1.1B | 1.13B | 1.16B |
Revenue Growth % | 5.12% | 25.6% | -0.01% | -5.29% | 24.74% | 16.33% | -9.31% | 2.53% | 2.92% |
Cost of Goods Sold | 612.1M | 741.02M | 780.47M | 729.01M | 898.72M | 1.03B | 939.37M | 941.83M | 1.07B |
COGS % of Revenue | 86.82% | 83.69% | 88.15% | 86.94% | 85.92% | 84.72% | 85.12% | 83.24% | 91.99% |
Gross Profit | 92.91M▲ 0% | 144.44M▲ 55.5% | 104.92M▼ 27.4% | 109.55M▲ 4.4% | 147.28M▲ 34.4% | 185.99M▲ 26.3% | 164.2M▼ 11.7% | 189.65M▲ 15.5% | 93.31M▼ 50.8% |
Gross Margin % | 13.18% | 16.31% | 11.85% | 13.06% | 14.08% | 15.28% | 14.88% | 16.76% | 8.01% |
Gross Profit Growth % | -4.44% | 55.46% | -27.36% | 4.41% | 34.44% | 26.28% | -11.71% | 15.5% | -50.8% |
Operating Expenses | 64.75M | 85.45M | 96.15M | 123.58M | 83.92M | 105.63M | 105.38M | 144.89M | 79.34M |
OpEx % of Revenue | 9.18% | 9.65% | 10.86% | 14.74% | 8.02% | 8.68% | 9.55% | 12.81% | 6.81% |
Selling, General & Admin | 54.88M | 73.62M | 84.78M | 93.09M | 73.02M | 93.69M | 104.56M | 131.31M | 65.56M |
SG&A % of Revenue | 7.78% | 8.31% | 9.57% | 11.1% | 6.98% | 7.7% | 9.47% | 11.6% | 5.63% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 9.88M | 11.83M | 11.37M | 30.48M | 10.9M | 11.93M | 824K | 13.58M | 13.78M |
Operating Income | 28.16M▲ 0% | 58.99M▲ 109.5% | 8.77M▼ 85.1% | -14.03M▼ 260.0% | 63.36M▲ 551.7% | 80.36M▲ 26.8% | 58.82M▼ 26.8% | 44.76M▼ 23.9% | 13.97M▼ 68.8% |
Operating Margin % | 3.99% | 6.66% | 0.99% | -1.67% | 6.06% | 6.6% | 5.33% | 3.96% | 1.2% |
Operating Income Growth % | -13.23% | 109.5% | -85.13% | -259.96% | 551.72% | 26.82% | -26.8% | -23.91% | -68.78% |
EBITDA | 100.58M | 134.84M | 89.3M | 51.45M | 117.24M | 137.87M | 128.77M | 131.29M | 113.19M |
EBITDA Margin % | 14.27% | 15.23% | 10.09% | 6.14% | 11.21% | 11.33% | 11.67% | 11.6% | 9.72% |
EBITDA Growth % | -3.38% | 34.07% | -33.78% | -42.38% | 127.87% | 17.59% | -6.6% | 1.96% | -13.78% |
D&A (Non-Cash Add-back) | 72.42M | 75.86M | 80.53M | 65.48M | 53.88M | 57.51M | 69.94M | 86.53M | 99.22M |
EBIT | 28.16M | 55.71M | 7.12M | -10.08M | 63.36M | 80.36M | 80.21M | 59.47M | 17.65M |
Net Interest Income | -8.26M | -7.34M | -8.22M | -6.84M | -2.79M | -3.08M | -7.97M | -13.58M | -12.05M |
Interest Income | 0 | 1.36M | 8.22M | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 8.26M | 8.71M | 11.11M | 6.84M | 2.79M | 3.08M | 7.97M | 13.58M | 12.05M |
Other Income/Expense | -4.86M | 2.59M | -1.2M | -2.9M | 15.79M | 62.43M | 13.42M | 1.14M | -8.38M |
Pretax Income | 23.3M▲ 0% | 58.01M▲ 149.0% | 7.57M▼ 87.0% | -16.92M▼ 323.6% | 79.15M▲ 567.7% | 142.79M▲ 80.4% | 72.24M▼ 49.4% | 45.9M▼ 36.5% | 5.59M▼ 87.8% |
Pretax Margin % | 3.3% | 6.55% | 0.85% | -2.02% | 7.57% | 11.73% | 6.55% | 4.06% | 0.48% |
Income Tax | -32.14M | 15.51M | 2.35M | -2.8M | 20.96M | 34.86M | 17.61M | 10.58M | 1.18M |
Effective Tax Rate % | -137.97% | 26.73% | 31.04% | 16.57% | 26.48% | 24.41% | 24.38% | 23.04% | 21.12% |
Net Income | 55.44M▲ 0% | 42.5M▼ 23.3% | 8.48M▼ 80.1% | -42.72M▼ 603.9% | 60.73M▲ 242.2% | 108.68M▲ 79.0% | 55.23M▼ 49.2% | 35.92M▼ 35.0% | 7.24M▼ 79.8% |
Net Margin % | 7.86% | 4.8% | 0.96% | -5.09% | 5.81% | 8.93% | 5% | 3.17% | 0.62% |
Net Income Growth % | 229.31% | -23.33% | -80.06% | -603.93% | 242.17% | 78.96% | -49.18% | -34.96% | -79.85% |
Net Income (Continuing) | 55.44M | 40.86M | 5.22M | -14.12M | 58.19M | 107.93M | 54.63M | 35.32M | 4.41M |
Discontinued Operations | 0 | 0 | 3.26M | -28.6M | 0 | 0 | 600K | 600K | 2.83M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 3.02▲ 0% | 2.30▼ 23.8% | 0.45▼ 80.4% | -0.81▼ 280.0% | 1.81▲ 323.5% | 3.50▲ 93.4% | 2.00▼ 42.9% | 1.30▼ 35.0% | 0.27▼ 79.2% |
EPS Growth % | 228.26% | -23.84% | -80.43% | -280% | 323.46% | 93.37% | -42.86% | -35% | -79.23% |
EPS (Basic) | 3.03 | 2.32 | 0.46 | -0.81 | 1.81 | 3.62 | 2.12 | 1.37 | 0.28 |
Diluted Shares Outstanding | 36.74M | 36.94M | 37.27M | 34.72M | 34.04M | 31.05M | 27.67M | 27.71M | 25.01M |
Basic Shares Outstanding | 36.56M | 36.68M | 36.87M | 34.72M | 33.61M | 30.01M | 26.1M | 26.31M | 25.01M |
Dividend Payout Ratio | - | - | - | - | - | 3.94% | 10.47% | 16.14% | 98.94% |
CVLG Balance Sheet
Covenant Logistics Group, Inc. (CVLG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 162.31M | 211.64M | 254.38M | 147.8M | 188.53M | 222.66M | 185.94M | 213.85M | 232.82M |
Cash & Short-Term Investments | 15.36M | 23.13M | 43.59M | 8.41M | 8.41M | 68.67M | 2.29M | 35.62M | 296.3M |
Cash Only | 15.36M | 23.13M | 43.59M | 8.41M | 8.41M | 68.67M | 2.29M | 35.62M | 296.3M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 130.77M | 168.88M | 95.12M | 109.07M | 161.33M | 128.41M | 153.61M | 152.13M | 173.56M |
Days Sales Outstanding | 67.7 | 69.61 | 39.21 | 47.48 | 56.3 | 38.52 | 50.81 | 49.08 | 54.4 |
Inventory | 4.23M | 4.07M | 4.21M | 3.12M | 3.32M | 3.52M | 4.85M | 5.65M | 0 |
Days Inventory Outstanding | 2.52 | 2 | 1.97 | 1.56 | 1.35 | 1.24 | 1.88 | 2.19 | - |
Other Current Assets | 3.26M | 3.99M | 99.76M | 15.27M | 2.92M | 6.32M | 7.31M | 475K | -237.04M |
Total Non-Current Assets | 487.35M | 561.88M | 627.25M | 528.92M | 463.13M | 573.99M | 768.49M | 783.72M | 865.51M |
Property, Plant & Equipment | 464.07M | 450.6M | 517.2M | 391.45M | 346.48M | 407.74M | 514.65M | 524.81M | 0 |
Fixed Asset Turnover | 1.52x | 1.97x | 1.71x | 2.14x | 3.02x | 2.98x | 2.14x | 2.16x | - |
Goodwill | 0 | 41.6M | 42.52M | 42.52M | 42.52M | 58.22M | 75.75M | 78.94M | 80.48M |
Intangible Assets | 0 | 32.54M | 29.61M | 24.52M | 20.48M | 48.17M | 99.61M | 90.13M | 105.61M |
Long-Term Investments | 20.14M | 26.11M | 31.91M | 34.37M | 44.2M | 54.73M | 66.33M | 77.41M | 102.04M |
Other Non-Current Assets | 3.14M | -66.16M | -73.55M | 11.69M | 9.46M | 5.14M | 11.74M | 12.23M | 577.38M |
Total Assets | 649.67M▲ 0% | 773.52M▲ 19.1% | 881.85M▲ 14.0% | 676.72M▼ 23.3% | 651.66M▼ 3.7% | 796.64M▲ 22.2% | 954.44M▲ 19.8% | 997.57M▲ 4.5% | 1.1B▲ 10.1% |
Asset Turnover | 1.09x | 1.14x | 1.00x | 1.24x | 1.61x | 1.53x | 1.16x | 1.13x | 1.06x |
Asset Growth % | 4.82% | 19.06% | 14% | -23.26% | -3.7% | 22.25% | 19.81% | 4.52% | 10.1% |
Total Current Liabilities | 81.22M | 127.33M | 161.26M | 133.38M | 142.75M | 156.12M | 170.29M | 181.28M | 209.98M |
Accounts Payable | 11.86M | 22.1M | 19.5M | 31.7M | 29.91M | 33.9M | 33.16M | 31.94M | 45.48M |
Days Payables Outstanding | 7.07 | 10.89 | 9.12 | 15.87 | 12.15 | 12 | 12.88 | 12.38 | 15.5 |
Short-Term Debt | 24.6M | 30.57M | 54.97M | 8.79M | 5.72M | 18.9M | 47.65M | 64.21M | 77.03M |
Deferred Revenue (Current) | 41.56M | 0 | 53.64M | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 243K | 0 | -47.21M | 1.46M | 557K | 0 | 0 | 0 | 87.47M |
Current Ratio | 2.00x | 1.66x | 1.58x | 1.11x | 1.32x | 1.43x | 1.09x | 1.18x | 1.11x |
Quick Ratio | 1.95x | 1.63x | 1.55x | 1.08x | 1.30x | 1.40x | 1.06x | 1.15x | 1.11x |
Cash Conversion Cycle | 63.15 | 60.73 | 32.06 | 33.17 | 45.5 | 27.76 | 39.81 | 38.89 | - |
Total Non-Current Liabilities | 273.25M | 303.05M | 370.27M | 252.69M | 159.22M | 263.4M | 380.73M | 377.95M | 484.35M |
Long-Term Debt | 164.47M | 166.63M | 200.18M | 47.89M | 20.35M | 90.37M | 196.89M | 187.09M | 234.05M |
Capital Lease Obligations | 21.78M | 35.12M | 66.89M | 32.23M | 25.52M | 46.86M | 36.19M | 34.49M | 27.63M |
Deferred Tax Liabilities | 63.34M | 77.47M | 80.33M | 74.55M | 84.66M | 98.72M | 116.09M | 117.65M | 172.5M |
Other Non-Current Liabilities | 87M | 101.3M | 22.87M | 98.02M | 28.69M | 27.45M | 31.55M | 38.72M | 50.18M |
Total Liabilities | 354.47M | 430.38M | 531.74M | 386.07M | 301.96M | 419.52M | 551.02M | 559.23M | 694.33M |
Total Debt | 213.8M | 237.69M | 348.76M | 111.59M | 74.25M | 179.63M | 293.46M | 296.89M | 338.7M |
Net Debt | 198.44M | 214.57M | 305.17M | 103.18M | 65.84M | 110.96M | 291.17M | 261.27M | 42.4M |
Debt / Equity | 0.72x | 0.69x | 1.00x | 0.38x | 0.21x | 0.48x | 0.73x | 0.68x | 0.84x |
Debt / EBITDA | 2.13x | 1.76x | 3.91x | 2.17x | 0.63x | 1.30x | 2.28x | 2.26x | 2.99x |
Net Debt / EBITDA | 1.97x | 1.59x | 3.42x | 2.01x | 0.56x | 0.80x | 2.26x | 1.99x | 0.37x |
Interest Coverage | 3.41x | 6.40x | 0.64x | -1.47x | 22.70x | 26.07x | 10.07x | 4.38x | 1.46x |
Total Equity | 295.2M▲ 0% | 343.14M▲ 16.2% | 350.11M▲ 2.0% | 290.64M▼ 17.0% | 349.7M▲ 20.3% | 377.13M▲ 7.8% | 403.42M▲ 7.0% | 438.34M▲ 8.7% | 404M▼ 7.8% |
Equity Growth % | 24.87% | 16.24% | 2.03% | -16.99% | 20.32% | 7.84% | 6.97% | 8.66% | -7.83% |
Book Value per Share | 8.03 | 9.29 | 9.39 | 8.37 | 10.27 | 12.15 | 14.58 | 15.82 | 16.15 |
Total Shareholders' Equity | 295.2M | 343.14M | 350.11M | 290.64M | 349.7M | 377.13M | 403.42M | 438.34M | 404M |
Common Stock | 195K | 195K | 197K | 197K | 185K | 185K | 185K | 265K | 266K |
Retained Earnings | 157.47M | 200.57M | 209.04M | 166.32M | 225.08M | 329.47M | 378.92M | 278.13M | 278.21M |
Treasury Stock | 0 | 0 | 0 | -17.07M | -23.66M | -106.5M | -132.35M | 0 | -34.58M |
Accumulated OCI | 293K | 204K | -1.01M | -2.25M | -1.31M | 1.09M | 816K | 1.03M | 612K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CVLG Cash Flow Statement
Covenant Logistics Group, Inc. (CVLG) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 82.85M | 124.8M | 64.03M | 63.04M | 73.22M | 159.23M | 84.84M | 122.89M | 113.65M |
Operating CF Margin % | 11.75% | 14.09% | 7.23% | 7.52% | 7% | 13.09% | 7.69% | 10.86% | 9.76% |
Operating CF Growth % | -19.11% | 50.63% | -48.69% | -1.55% | 16.15% | 117.47% | -46.72% | 44.85% | -7.52% |
Net Income | 55.44M | 42.5M | 8.48M | -42.72M | 60.73M | 108.68M | 54.63M | 35.92M | 7.24M |
Depreciation & Amortization | 72.42M | 75.86M | 80.53M | 65.48M | 53.88M | 57.51M | 69.94M | 86.53M | 92.73M |
Stock-Based Compensation | 1.2M | 5.18M | 819K | 2.27M | 9.06M | 6.59M | 7.1M | 3.69M | 3.57M |
Deferred Taxes | -22.57M | 13.8M | 3.35M | -14.93M | 18.08M | 13.44M | 16.48M | 3.29M | 2.78M |
Other Non-Cash Items | 3.1M | -5.02M | -8.21M | 60.13M | -15.77M | -50.49M | -23.84M | -9.47M | 5.98M |
Working Capital Changes | -26.74M | -7.51M | -20.93M | -7.19M | -52.77M | 23.49M | -39.46M | 2.93M | 1.35M |
Change in Receivables | -23.67M | -27.2M | -6.71M | -60.85M | -36.54M | 39.47M | -22.42M | 2.75M | -9.71M |
Change in Inventory | -252K | 168K | -143K | 1.09M | -204K | -193K | -317K | -800K | -678K |
Change in Payables | -3.42M | 19.23M | -15.51M | 19.83M | 16.34M | -6.22M | -9.19M | -4.41M | 9.32M |
Cash from Investing | -62.05M | -120.9M | -93.03M | 138.05M | 10.34M | -86.21M | -235.92M | -107.67M | -140.06M |
Capital Expenditures | -110.8M | -75.14M | -138.27M | -94.05M | -35.28M | -100.47M | -217.61M | 0 | 0 |
CapEx % of Revenue | 15.72% | 8.49% | 15.62% | 11.22% | 3.37% | 8.26% | 19.72% | 13.52% | 12.67% |
Acquisitions | 48.75M | -105.95M | 0 | 108.38M | -13K | -38.5M | -107.93M | -4.56M | -27.05M |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | 48.75M | 61.69M | 46.61M | 120.84M | 44.15M | 53M | 91.82M | -103.12M | -113.01M |
Cash from Financing | -13.19M | 3.87M | 49.46M | -236.27M | -83.56M | -12.77M | 84.71M | 18.11M | -4.26M |
Debt Issued (Net) | -12.25M | 4.12M | 50.57M | -218.49M | -71.88M | 77.46M | 129.66M | 30.04M | 45.8M |
Equity Issued (Net) | 0 | 0 | 0 | -17.49M | -10.35M | -84.72M | -25.43M | 0 | -36.17M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | -4.29M | -5.78M | -5.8M | -7.16M |
Share Repurchases | -785K | -242K | 0 | -17.49M | -10.35M | -84.72M | -25.43M | 0 | -36.57M |
Other Financing | -945K | -252K | -1.11M | -297K | -1.33M | -1.22M | -13.74M | -6.14M | -6.73M |
Net Change in Cash | 7.61M▲ 0% | 7.77M▲ 2.2% | 20.46M▲ 163.3% | -35.18M▼ 271.9% | 5K▲ 100.0% | 60.25M▲ 1204960.0% | -66.37M▼ 210.2% | 33.33M▲ 150.2% | -30.67M▼ 192.0% |
Free Cash Flow | -27.95M▲ 0% | 49.66M▲ 277.7% | -74.24M▼ 249.5% | -31.01M▲ 58.2% | 37.93M▲ 222.3% | 58.76M▲ 54.9% | -132.77M▼ 325.9% | -30.07M▲ 77.4% | -33.92M▼ 12.8% |
FCF Margin % | -3.96% | 5.61% | -8.39% | -3.7% | 3.63% | 4.83% | -12.03% | -2.66% | -2.91% |
FCF Growth % | -169.67% | 277.67% | -249.51% | 58.23% | 222.33% | 54.91% | -325.94% | 77.35% | -12.81% |
FCF per Share | -0.76 | 1.34 | -1.99 | -0.89 | 1.11 | 1.89 | -4.80 | -1.08 | -1.36 |
FCF Conversion (FCF/Net Income) | 1.49x | 2.94x | 7.55x | -1.48x | 1.21x | 1.47x | 1.54x | 3.42x | 15.70x |
Interest Paid | 0 | 0 | 11.03M | 7.37M | 2.76M | 3.31M | 5.32M | 5.67M | 0 |
Taxes Paid | 0 | 0 | 752K | 870K | 10.24M | 16.65M | 4.19M | 7.27M | 0 |
CVLG Key Ratios
Covenant Logistics Group, Inc. (CVLG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 7.68% | 20.86% | 13.32% | 2.45% | -13.33% | 18.97% | 29.91% | 14.15% | 8.53% | 1.72% |
Return on Invested Capital (ROIC) | 5.42% | 4.5% | 8.42% | 1.08% | -2.01% | 11.74% | 13.34% | 7.46% | 4.82% | 1.83% |
Gross Margin | 14.5% | 13.18% | 16.31% | 11.85% | 13.06% | 14.08% | 15.28% | 14.88% | 16.76% | 8.01% |
Net Margin | 2.51% | 7.86% | 4.8% | 0.96% | -5.09% | 5.81% | 8.93% | 5% | 3.17% | 0.62% |
Debt / Equity | 0.91x | 0.72x | 0.69x | 1.00x | 0.38x | 0.21x | 0.48x | 0.73x | 0.68x | 0.84x |
Interest Coverage | 3.94x | 3.41x | 6.40x | 0.64x | -1.47x | 22.70x | 26.07x | 10.07x | 4.38x | 1.46x |
FCF Conversion | 6.08x | 1.49x | 2.94x | 7.55x | -1.48x | 1.21x | 1.47x | 1.54x | 3.42x | 15.70x |
Revenue Growth | -7.4% | 5.12% | 25.6% | -0.01% | -5.29% | 24.74% | 16.33% | -9.31% | 2.53% | 2.92% |
Related:CVLG Dividend History·CVLG Revenue History·CVLG Price History·CVLG P/E History·CVLG Financial Ratios·CVLG Institutional Holders
CVLG SEC Filings & Documents
Covenant Logistics Group, Inc. (CVLG) SEC filings — annual & quarterly reports (10-K, 10-Q)
CVLG Frequently Asked Questions
Covenant Logistics Group, Inc. (CVLG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Covenant Logistics Group, Inc. (CVLG) reported $1.16B in revenue for fiscal year 2025. This represents a 393% increase from $236.3M in 1996.
Covenant Logistics Group, Inc. (CVLG) grew revenue by 2.9% over the past year. Growth has been modest.
Yes, Covenant Logistics Group, Inc. (CVLG) is profitable, generating $7.2M in net income for fiscal year 2025 (0.6% net margin).
Dividend & Returns
Yes, Covenant Logistics Group, Inc. (CVLG) pays a dividend with a yield of 0.67%. This makes it attractive for income-focused investors.
Covenant Logistics Group, Inc. (CVLG) has a return on equity (ROE) of 1.7%. This is below average, suggesting room for improvement.
Covenant Logistics Group, Inc. (CVLG) generated $113.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.