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Covenant Logistics Group(NYSE) CVLG

Market Cap$872.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1994)+260%
5 Year+202%
1 Year+46%
1 Month-5%
Premium Feature
Moneyball Superscore
61/100
$35.71
+4.08%
+1.40Today
Covenant Logistics Group last closing stock price
MetricPriceDate
Last closeUSD 34.382026-09-03
Covenant Logistics Group stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.24%USD 35.532026-08-27
1 month-5.11%USD 36.232026-08-04
3 month-21%USD 43.522026-06-05
Year to date+56.62%USD 21.952025-12-31
1 year+45.94%USD 23.562025-09-03
3 year+40.62%USD 24.452023-09-01
5 year+202.24%USD 11.382021-09-03
Since inception+259.64%USD 9.311994-10-28

Covenant Logistics Group Financials at a Glance

Market Cap

$872.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.23B

Net Income (TTM)

$3.79M

EPS (TTM)

$0.11

P/E Ratio

327.12

Dividend

$0.28

Beta (Volatility)

1.04 (Average)

Price

$35.71

Volume

6,949.117

Open

$34.29

Previous Close

$34.31

Daily Range

$34.29 - $35.46

52-Week Range

$18.00 - $49.88

Estimated Earnings Date

Oct 28, 2026

CVLG News

Row of trucks at a truck stop Getty

Why Covenant Logistics Stock Is Down Today

Lou WhitemanJan 26, 2023
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Why Del Taco Restaurants, Covenant Transportation Group, and GrubHub Slumped Today

Dan CaplingerMar 19, 2019
GettyImages-514259274

Why Shares of Covenant Transportation Group, Inc. Popped 16% Today

Travis HoiumApr 21, 2017
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Why Briggs & Stratton, Kindred Healthcare, and Covenant Transportation Group Jumped Today

Dan CaplingerApr 21, 2017

Will Covenant Transportation Group Fumble Next Quarter?

Seth JaysonJun 8, 2011

Don't Get Too Worked Up Over Knight Transportation's Earnings

Seth JaysonJan 11, 2011

CVLG: Motley Fool Moneyball Superscore

61

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About Covenant Logistics Group

Covenant Logistics Group, Inc. moves goods across the United States. It helps businesses transport time-sensitive and specialized freight safely. The company serves retailers, manufacturers, and government agencies.

A Suite of Logistics Solutions

  • Expedited Services: Specialized truckload delivery for high-priority shipments requiring team drivers; generated $93.4 million in revenue in the second quarter of 2026.
  • Dedicated Transportation: Committed truckload capacity for customers under long-term contracts; generated $112.4 million in revenue in the second quarter of 2026.
  • Managed Freight: Brokerage and transport management services that outsource carriage to third parties; generated $99.5 million in revenue in the second quarter of 2026.
  • Warehousing: Daily warehouse management and container shuttle services; generated $26.9 million in revenue in the second quarter of 2026.

Charting a New Path

  • Completed the Star Acquisition in the fourth quarter of 2025 to strengthen Managed Freight capabilities.
  • Onboarded a significant new customer in the Warehousing segment during the fourth quarter of 2025.
  • Shifted the business model to focus on long-term committed contracts rather than uncommitted market rates.
  • Reduced the Expedited tractor fleet count to align with current customer demand levels.

Modern Fleets and Strategic Partnerships

The company operates a modern fleet with an average tractor age of 2.2 years. It also holds a 49% interest in TEL, a specialized equipment leasing and used tractor reseller.

The Quarterly Scorecard

  • Total revenue reached $332.9 million in the second quarter of 2026, up 9.9% year over year.
  • Freight revenue reached $294.7 million in the second quarter of 2026, an increase of 6.6% year over year.
  • Operating income was $8.8 million in the second quarter of 2026, compared to $11.6 million in the prior year period.
  • Total indebtedness, net of cash, decreased to $289.7 million by June 30, 2026.
  • Net cash provided by operating activities was $18.1 million for the six months ended June 30, 2026.

The Bottom Line

Covenant has transitioned from a standard trucking firm to a diversified logistics partner. It now focuses on long-term contracts and asset-light services to improve profit margins.

AI Generated • Aug 8, 2026

Industry

Road and Rail

Sector

Industrials

Employees

4,700

CEO

David Ray Parker

Website

www.covenantlogistics.com

Headquarters

Chattanooga, TN 37419, US

CVLG Financials

Key Financial Metrics (TTM)

Gross Margin

10.68%

Operating Margin

1.37%

Net Income Margin

0.31%

Return on Equity

0.92%

Return on Capital

1.88%

Return on Assets

0.38%

Earnings Yield

0.31%

Dividend Yield

0.81%

Payout Ratio

1.86%

Stock Overview

Market Cap

$872.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

25.38M

Volume

6.95K

Avg. Volume

203.00K

Financials (TTM)

Gross Profit

$131.59M

Operating Income

$16.90M

EBITDA

$100.78M

Operating Cash Flow

$85.02M

Capital Expenditure

$24.69M

Free Cash Flow

$109.71M

Cash & ST Invst.

$289.69M

Total Debt

$324.43M

Covenant Logistics Group Performance Analysis

Covenant Logistics Group annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,216,858,00016.3%
20232023-12-31USD 1,103,573,000-9.3%
20242024-12-31USD 1,131,476,0002.5%
20252025-12-31USD 1,164,472,0002.9%
Covenant Logistics Group sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-2.0%
Q42025-12-31-0.5%
Q12026-03-314.0%
Q22026-06-308.4%
Covenant Logistics Group annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 3.5096.2%
20232023-12-31USD 2.00-43.0%
20242024-12-31USD 1.30-35.1%
20252025-12-31USD 0.27-79.2%
Covenant Logistics Group sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-5.6%
Q42025-12-31-314.7%
Q12026-03-31123.3%
Q22026-06-3088.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$332.87M

+9.9%

Gross Profit

$26.44M

-45.7%

Gross Margin

7.94%

N/A

Market Cap

$872.49MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$185.64K

N/A

Employees

4,700

N/A

Net Income

$8.54M

-13.3%

EBITDA

$31.96M

-18.0%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$289.69M

+202477.6%

Total Debt

$324.43M

+4.5%

Accounts Receivable

$182.43M

+13.7%

Inventory

$0.00

-100.0%

Long Term Debt

$246.48M

+0.3%

Short Term Debt

$77.96M

+20.5%

Return on Assets

0.38%

N/A

Return on Invested Capital

2.08%

N/A

Free Cash Flow

-$44.65M

-207.3%

Operating Cash Flow

-$10.85M

-149.5%

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Questions About CVLG

What is the current price of Covenant Logistics Group?

Covenant Logistics Group is trading at $35.31 per share.

What is the 52-week range for Covenant Logistics Group?

Over the past 52 weeks, Covenant Logistics Group has traded between $18.00 and $49.88.

How much debt does Covenant Logistics Group have?

As of the most recent reporting period, Covenant Logistics Group reported total debt of $324.43M.

How much cash does Covenant Logistics Group have on hand?

Covenant Logistics Group reported $2.62M in cash and cash equivalents in its most recent financial results.

What is Covenant Logistics Group’s dividend yield?

Covenant Logistics Group currently has a dividend yield of 0.81%.

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