CVLG · Covenant Logistics Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $300.88M | - | $288.96M | $291.29M | $261.73M | - | $271.65M | $271.92M | $274.43M | - |
| D&A | $23.98M | - | $22.95M | $23.12M | $21.80M | - | $21.22M | $22.13M | $21.11M | - |
| Operating Income | $6.28M | - | $7.93M | $11.56M | $7.63M | - | $16.23M | $15.58M | $4.33M | - |
| Interest Expense | $3.89M | - | $3.47M | $2.47M | $2.86M | - | $3.20M | $3.80M | $3.34M | - |
| Income Tax | $1.66M | - | $1.77M | $3.52M | $1.98M | - | $4.14M | $3.83M | $849.0K | - |
| Net Income | $4.42M | - | $9.09M | $9.84M | $6.56M | - | $13.03M | $12.19M | $3.97M | - |
| EPS - Basic | $0.18 | - | $0.36 | $0.38 | $0.25 | - | $0.25 | $0.23 | $0.07 | - |
| EPS - Diluted | $0.17 | - | $0.35 | $0.36 | $0.24 | - | $0.23 | $0.22 | $0.07 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.24M | $4.95M | $2.69M | $143.0K | $11.24M | $35.62M | $35.20M | $1.28M | $2.95M | $2.29M |
| Accounts Receivable | $155.72M | $151.80M | $150.36M | $152.36M | $141.06M | $141.63M | $135.08M | $145.06M | $143.97M | $142.50M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $50.35M | $45.48M | $32.62M | $34.99M | $31.90M | $31.94M | $31.64M | $31.58M | $31.61M | $33.16M |
| Current Assets | $211.13M | $232.82M | $194.57M | $196.60M | $179.77M | $213.85M | $214.75M | $201.79M | $180.44M | $185.94M |
| Total Assets | $1.02B | $1.05B | $1.03B | $1.01B | $979.97M | $997.57M | $1.01B | $994.99M | $943.43M | $954.44M |
| Current Liabilities | $202.17M | $209.98M | $192.44M | $179.93M | $164.30M | $181.28M | $194.65M | $187.68M | $173.40M | $170.29M |
| Long-term Debt | $201.39M | $234.05M | $203.91M | $214.10M | $182.35M | $187.09M | $192.46M | $197.35M | $187.40M | $196.89M |
| Total Liabilities | $609.22M | $641.55M | $601.48M | $592.22M | $536.33M | $559.23M | $578.09M | $575.61M | $536.18M | $551.02M |
| Stockholders' Equity | $407.61M | $404.00M | $423.72M | $416.87M | $443.64M | $438.34M | $431.55M | $419.37M | $407.25M | $403.42M |
| Retained Earnings | $280.87M | $278.21M | $298.22M | $290.88M | $282.84M | $278.13M | $403.78M | $392.20M | $381.45M | $378.92M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $28.96M | - | - | - | $24.83M | - | - | - | $21.70M | - |
| Investing Cash Flow | $24.23M | - | - | - | ($24.08M) | - | - | - | ($43.48M) | - |
| Financing Cash Flow | ($46.89M) | - | - | - | ($25.13M) | - | - | - | $22.44M | - |
| CapEx | $11.37M | - | - | - | $33.42M | - | - | - | $48.36M | - |
| Free Cash Flow | $17.59M | - | - | - | ($8.60M) | - | - | - | ($26.66M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 3.98 | - | - | - | -1.31 | - | - | - | -6.71 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 27.3% | - | 16.3% | 26.4% | 23.2% | - | 24.1% | 23.9% | 17.6% | - |
| Return on assets | 0.4% | - | 0.9% | 1.0% | 0.7% | - | 1.3% | 1.2% | 0.4% | - |
| Return on equity | 1.1% | - | 2.1% | 2.4% | 1.5% | - | 3.0% | 2.9% | 1.0% | - |
| Return on invested capital | 0.7% | - | 1.1% | 1.3% | 0.9% | - | 2.0% | 1.9% | 0.6% | - |
| Liquidity | ||||||||||
| Current ratio | 1.04 | 1.11 | 1.01 | 1.09 | 1.09 | 1.18 | 1.10 | 1.08 | 1.04 | 1.09 |
| Quick ratio | 1.04 | 1.11 | 1.01 | 1.09 | 1.09 | 1.18 | 1.10 | 1.08 | 1.04 | 1.09 |
| Cash ratio | 0.06 | 0.02 | 0.01 | 0.00 | 0.07 | 0.20 | 0.18 | 0.01 | 0.02 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | 0.49 | 0.58 | 0.48 | 0.51 | 0.41 | 0.43 | 0.45 | 0.47 | 0.46 | 0.49 |
| Debt / Assets | 0.20 | 0.22 | 0.20 | 0.21 | 0.19 | 0.19 | 0.19 | 0.20 | 0.20 | 0.21 |
| Debt / EBITDA | 6.66 | - | 6.60 | 6.17 | 6.20 | - | 5.14 | 5.23 | 7.37 | - |
| Interest coverage | 1.6x | - | 2.3x | 4.7x | 2.7x | - | 5.1x | 4.1x | 1.3x | - |
| Equity multiplier | 2.49 | 2.59 | 2.42 | 2.42 | 2.21 | 2.28 | 2.34 | 2.37 | 2.32 | 2.37 |
| Liabilities / Assets | 0.60 | 0.61 | 0.59 | 0.59 | 0.55 | 0.56 | 0.57 | 0.58 | 0.57 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 159.7x | - | 61.9x | 67.0x | 92.5x | - | 112.4x | 112.0x | 319.7x | - |
| P / B | 1.8x | - | 1.3x | 1.6x | 1.4x | - | 0.9x | 0.8x | 0.8x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 30.0x | - | 25.0x | 25.1x | 26.8x | - | 14.0x | 14.2x | 19.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -17.6% | - | -51.2% | -25.8% | 75.9% | - | 7.2% | 32.2% | -75.4% | - |
| Net income growth (YoY) | -32.7% | - | -30.2% | -19.3% | 65.1% | - | -3.5% | -0.8% | -76.1% | - |
| EPS growth (YoY) | -29.2% | - | 48.9% | 63.6% | 231.0% | - | -76.3% | -75.8% | -94.0% | - |
| EPS CAGR (3y) | -47.9% | - | -53.1% | -38.7% | -43.3% | - | -37.7% | -37.7% | -51.9% | - |
| EPS CAGR (5y) | -23.5% | - | -4.0% | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 67.8% | - | - | - | -197.1% | - |
| FCF CAGR (5y) | 25.2% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -8.1% | -7.8% | -1.8% | -0.6% | 8.9% | 8.7% | 9.5% | 10.5% | 9.7% | 7.0% |
Peer comparison
Same SIC group: Trucking (No Local)
Comparing COVENANT LOGISTICS GROUP against the 5 most active filers in the same SIC group.
Dividends
$0.28/share trailing 12 months · +19.1% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $0.0700 |
| Dec 5, 2025 | $0.0700 |
| Sep 5, 2025 | $0.0700 |
| Jun 6, 2025 | $0.0700 |
| Mar 7, 2025 | $0.0700 |
| Dec 6, 2024 | $0.0550 |
| Sep 6, 2024 | $0.0550 |
| Jun 7, 2024 | $0.0550 |
| Feb 29, 2024 | $0.0550 |
| Nov 30, 2023 | $0.0550 |
| Aug 31, 2023 | $0.0550 |
| Jun 1, 2023 | $0.0550 |
| Mar 2, 2023 | $0.0550 |
| Dec 1, 2022 | $0.0400 |
| Sep 1, 2022 | $0.0400 |
| Jun 2, 2022 | $0.0315 |
| Mar 3, 2022 | $0.0315 |