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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $1.16B | $1.09B | $1.04B | $1.10B | $978.84M | $852.59M |
| D&A | $92.73M | $86.53M | $69.94M | $57.51M | $53.88M | $65.47M |
| Operating Income | $2.94M | $44.76M | $58.82M | $120.68M | $67.16M | ($14.03M) |
| Interest Expense | $12.05M | $13.58M | $7.97M | $3.08M | $2.79M | $6.84M |
| Income Tax | $1.18M | $10.58M | $17.61M | $34.86M | $20.96M | ($2.80M) |
| Net Income | $7.24M | $35.92M | $55.23M | $108.68M | $60.73M | ($42.72M) |
| EPS - Basic | $0.28 | $1.37 | $1.06 | $1.81 | $0.90 | ($0.61) |
| EPS - Diluted | $0.27 | $1.30 | $1.00 | $1.75 | $0.89 | ($0.61) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.95M | $35.62M | $2.29M | $68.67M | $8.41M | $8.41M |
| Accounts Receivable | $151.80M | $141.63M | $142.50M | $119.77M | $142.36M | $91.30M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $45.48M | $31.94M | $33.16M | $33.90M | $29.91M | $31.70M |
| Current Assets | $232.82M | $213.85M | $185.94M | $222.66M | $188.53M | $147.80M |
| Total Assets | $1.05B | $997.57M | $954.44M | $796.64M | $651.66M | $676.72M |
| Current Liabilities | $209.98M | $181.28M | $170.29M | $156.12M | $142.75M | $133.38M |
| Long-term Debt | $234.05M | $187.09M | $196.89M | $90.37M | $20.35M | $47.89M |
| Total Liabilities | $641.55M | $559.23M | $551.02M | $419.52M | $301.96M | $386.07M |
| Stockholders' Equity | $404.00M | $438.34M | $403.42M | $377.13M | $349.70M | $290.64M |
| Retained Earnings | $278.21M | $278.13M | $378.92M | $329.47M | $225.08M | $166.32M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $113.65M | $122.89M | $84.84M | $159.23M | $73.22M | $63.04M |
| Investing Cash Flow | ($140.06M) | ($107.67M) | ($235.92M) | ($86.21M) | $10.34M | $138.05M |
| Financing Cash Flow | ($4.26M) | $18.11M | $84.71M | ($12.77M) | ($83.56M) | ($236.27M) |
| CapEx | $147.57M | $152.96M | $217.61M | $100.47M | $35.28M | $94.05M |
| Free Cash Flow | ($33.92M) | ($30.07M) | ($132.77M) | $58.76M | $37.93M | ($31.01M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | -4.69 | -0.84 | -2.40 | 0.54 | 0.62 | 0.73 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 14.0% | 22.7% | 24.2% | 24.3% | 25.7% | - |
| Return on assets | 0.7% | 3.6% | 5.8% | 13.6% | 9.3% | -6.3% |
| Return on equity | 1.8% | 8.2% | 13.7% | 28.8% | 17.4% | -14.7% |
| Return on invested capital | 0.4% | 5.5% | 7.4% | 19.5% | 13.5% | -3.3% |
| Liquidity | ||||||
| Current ratio | 1.11 | 1.18 | 1.09 | 1.43 | 1.32 | 1.11 |
| Quick ratio | 1.11 | 1.18 | 1.09 | 1.43 | 1.32 | 1.11 |
| Cash ratio | 0.02 | 0.20 | 0.01 | 0.44 | 0.06 | 0.06 |
| Leverage | ||||||
| Debt / Equity | 0.58 | 0.43 | 0.49 | 0.24 | 0.06 | 0.16 |
| Debt / Assets | 0.22 | 0.19 | 0.21 | 0.11 | 0.03 | 0.07 |
| Debt / EBITDA | 2.45 | 1.42 | 1.53 | 0.51 | 0.17 | 0.93 |
| Interest coverage | 0.2x | 3.3x | 7.4x | 39.1x | 24.1x | -2.1x |
| Equity multiplier | 2.59 | 2.28 | 2.37 | 2.11 | 1.86 | 2.33 |
| Liabilities / Assets | 0.61 | 0.56 | 0.58 | 0.53 | 0.46 | 0.57 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 81.6x | 21.0x | 23.1x | 9.9x | 14.8x | - |
| P / B | 1.5x | 1.7x | 0.8x | 0.7x | 0.6x | 0.4x |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 8.6x | 6.9x | 4.0x | 1.6x | 2.0x | 3.3x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -93.4% | -23.9% | -51.3% | 79.7% | - | - |
| Net income growth (YoY) | -79.8% | -35.0% | -49.2% | 79.0% | - | - |
| EPS growth (YoY) | -79.2% | 30.3% | -43.0% | 96.1% | - | - |
| EPS CAGR (3y) | -46.4% | 13.4% | - | 57.3% | -27.1% | - |
| EPS CAGR (5y) | - | 23.6% | -15.4% | -10.3% | -0.6% | - |
| FCF growth (YoY) | -12.8% | 77.4% | - | 54.9% | - | 58.2% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -7.8% | 8.7% | 7.0% | 7.8% | 20.3% | -17.0% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
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 |