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$46.46
+87.82% 1Y
Mkt Cap$951.08M
P/E516.22
P/B2.80
Div. Yield0.62%
52W High$46.50
52W Low$17.94
Book Value$16.24
EPS (TTM)$0.09

Company Overview

Covenant 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 with the goal of three to five years in length 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, as well as shuttle and switching services related 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. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Recent Developments

  • Dec 2025 Revenue of $1.16B (+2.9% YoY); net profit $7.24M.
  • Trailing 12 Months Year-on-year growth — revenue +14.0%, earnings -29.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 4.7%, profit CAGR -3.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:4.65%
1 Year:14.00%

Compounded Profit Growth

5 Years:-3.11%
1 Year:-29.20%

Stock Price Performance

1 Year:+87.82%
6 Months:+85.04%
3 Months:+61.41%
1 Month:+0.30%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 100% of range
$17.94 $46.50
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)65.53 · Neutral
Price Performance
1M+0.30%
3M+61.41%
6M+85.04%
1Y+87.82%
Valuation vs Sector

P/E of 516.22 is above the sector median of 30.17 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

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Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 516.2.
  • Earnings shrank at -3.1% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
516.22
Industry PE
30.17
Forward P/E
17.70
PEG Ratio
-
Book Value
$16.24
Price to Book
2.80
P/S
0.95
EV/EBITDA
12.23
Dividend Yield
0.62%

Growth (CAGR)

Revenue 5Y
4.65%
Profit 5Y
-3.11%
Revenue (YoY)
14.00%
Earnings (YoY)
-29.20%

Profitability & Returns

ROCE
2.45%
ROE
0.53%
ROA
1.35%
Profit Margin
0.42%
Op Margin
2.26%
Gross Margin
21.17%
EPS (Latest Qtr)
$0.17
EPS (TTM)
$0.09

Balance Sheet & Liquidity

Debt/Equity
0.72
Quick Ratio
0.88
Current Ratio
1.04
Debt
$291.75M
Total Assets
$1.02B
Current Assets
$211.13M
Working Capital
$22.84M

Ownership

Promoter Holding
26.14%
Chg in Prom Hold
-
FII / Inst Holding
72.83%
Chg in FII Hold
0.04%

Financial Snapshot

Enterprise Value
$951.08M
Total Revenue (TTM)
$1.20B
EBITDA
$116.50M
Free Cash Flow
$-18.91M
Operating Cash Flow
$117.78M
Shares Outstanding
20.47M
Gross Margin
21.17%
Payout Ratio
311.11%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CVLG Covenant Logistics Group, Inc. R2K 46.46 516.22 $951.08M 0.62% 2.45% 0.53% 4.65% -3.11%
2 CAT Caterpillar Inc. SPX 933.34 46.39 $429.89B 0.72% 17.98% 51.33% 2.29% 5.24%
3 GE GE Aerospace SPX 353.73 43.94 $369.06B 0.56% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 1,066.01 31.13 $286.46B 0.21% 6.30% 75.71% 8.68% -
5 RTX RTX Corporation SPX 193.39 36.35 $260.44B 1.51% 8.28% 11.57% 2.61% 2.62%
6 UNP Union Pacific Corporation SPX 288.30 23.71 $171.17B 2.02% 15.22% 40.69% 2.30% 7.77%
7 BA The Boeing Company SPX 217.11 86.15 $171.15B 0.00% -9.01% - 1.67% -3.28%
8 ETN Eaton Corporation plc SPXAI 415.52 40.66 $161.35B 1.12% 11.53% 20.84% 4.73% 10.38%
9 DE Deere & Company SPX 584.40 33.07 $157.85B 1.12% - 18.35% 3.43% 5.10%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 173.51M208.06M156.34M158.83M164.50M190.98M158.74M164.33M178.63M203.31M173.57M196.32M243.30M272.27M---------------------269.36M302.85M296.89M295.37M307.16M
Cost of Revenue -----------------------------------227.47M254.12M254.46M258.49M268.67M
Gross Profit -----------------------------------41.88M48.74M42.42M36.88M38.49M
Operating Expenses -----------------------------------33.93M36.88M34.99M43.67M31.87M
Operating Income 14.63M24.34M7.42M7.32M5.45M12.27M309.00K3.96M9.04M14.84M6.42M14.06M16.18M22.32M3.95M7.03M-3.87M1.66M-1.45M-28.95M6.81M9.57M10.51M18.33M20.08M23.85M26.87M59.06M17.63M11.78M15.14M4.33M15.58M16.23M-7.95M11.86M7.44M-6.78M6.62M
EBITDA -----------------------------------33.20M38.95M34.46M3.77M33.95M
Interest Expense -----------------------------------2.86M2.47M3.47M3.26M3.89M
Pretax Income -----------------------------------8.55M13.36M8.04M-24.35M6.08M
Tax Provision -----------------------------------1.98M3.52M1.77M-6.09M1.66M
Net Income 7.63M13.23M4.35M3.63M2.87M5.98M-39.00K1.55M4.63M49.30M4.42M9.97M11.61M16.50M4.43M6.07M-3.19M1.16M-2.21M-22.34M7.50M-25.66M11.14M15.42M16.44M22.17M24.53M50.49M16.64M12.29M13.51M3.97M12.19M13.03M-6.56M9.84M9.09M-18.26M4.42M
Diluted EPS 0.420.720.210.200.160.330.000.080.252.690.240.540.630.890.240.33-0.170.06-0.12-1.310.43-1.500.650.910.971.321.563.391.200.910.990.140.440.47-0.240.360.35-0.730.17

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 588.69M649.75M652.63M674.25M684.55M718.98M724.24M670.65M705.01M880.42M885.39M838.56M-1.22B1.10B1.13B1.16B
Cost of Revenue -------------1.03B939.37M941.83M994.54M
Gross Profit -------------185.99M164.20M189.65M169.93M
Operating Expenses -------------105.62M117.96M143.26M149.47M
Operating Income -4.72M26.01M-1.06M23.21M20.39M39.65M67.78M32.45M28.16M55.42M8.77M-14.03M-80.36M46.24M46.39M20.47M
EBITDA -------------203.39M150.15M146.00M110.37M
Interest Expense -------------3.08M7.97M13.58M12.05M
Pretax Income -------------142.79M72.24M45.90M5.59M
Tax Provision -------------34.86M17.61M10.58M1.18M
Net Income -25.03M3.29M-14.27M6.07M5.24M17.81M42.09M16.84M55.44M42.50M8.48M-42.72M-108.68M55.23M35.92M7.24M
Diluted EPS -1.770.23-0.970.410.351.152.300.923.022.300.45-2.46-3.502.001.300.27

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --441.18M439.82M400.23M466.42M539.30M646.72M620.54M649.67M773.52M881.64M676.72M-796.64M954.44M997.57M1.05B
Current Assets --------------222.66M185.94M213.85M232.82M
Cash & Equivalents 6.30M12.22M9.36M3.90M6.85M9.26M21.33M4.49M7.75M15.36M23.13M43.59M8.41M-68.67M2.29M35.62M4.95M
Inventory --------------3.52M4.85M5.65M6.34M
Receivables --------------119.77M142.50M141.63M151.80M
Total Liabilities --340.48M352.77M305.56M366.06M370.10M444.56M384.12M354.47M430.38M531.53M386.07M-419.52M551.02M559.23M641.55M
Current Liabilities --121.90M150.50M128.29M109.38M101.16M126.22M87.78M81.22M127.33M161.26M133.38M-156.12M170.29M181.28M209.98M
Long Term Debt --141.94M128.17M95.21M169.49M159.53M196.06M168.68M164.47M166.63M200.18M47.89M-90.37M196.89M187.09M234.05M
Total Debt --------------179.63M293.46M296.89M338.70M
Total Equity 118.82M94.67M100.70M87.06M94.67M100.36M169.20M202.16M236.41M295.20M343.14M350.11M290.64M-377.13M403.42M438.34M404.00M
Shares Outstanding --------------36.95M36.95M26.47M26.56M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 30.90M70.84M32.06M55.10M40.45M73.74M85.48M102.43M82.85M124.80M64.03M63.04M-159.23M84.84M122.89M113.65M
Investing Cash Flow -63.01M-82.27M-50.74M13.15M-84.40M-84.60M-147.68M-47.29M-62.05M-120.90M-93.03M138.05M--86.21M-235.92M-107.67M-140.06M
Financing Cash Flow 38.03M8.57M13.21M-65.30M46.37M22.92M45.36M-51.88M-13.19M3.87M49.46M-236.27M--12.77M84.71M18.11M-4.26M
Capital Expenditure -113.06M-137.35M-114.80M-41.79M-135.90M-163.68M-181.96M-112.79M-110.80M-75.14M-138.27M-94.05M--100.47M-217.61M-152.96M-147.57M
Free Cash Flow -82.17M-66.51M-82.74M13.31M-95.45M-89.94M-96.49M-10.36M-27.95M49.66M-74.24M-31.01M-58.76M-132.77M-30.07M-33.92M
Net Change in Cash -------------60.25M-66.37M33.33M-30.67M
Share Buybacks ------4.99M--0017.49M10.35M84.72M25.43M036.57M
Dividends Paid ------------04.29M5.78M5.80M7.16M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------15.3%14.9%16.8%14.6%
Operating Margin % -0.8%4.0%-0.2%3.4%3.0%5.5%9.4%4.8%4.0%6.3%1.0%-1.7%-6.6%4.2%4.1%1.8%
Net Margin % -4.3%0.5%-2.2%0.9%0.8%2.5%5.8%2.5%7.9%4.8%1.0%-5.1%-8.9%5.0%3.2%0.6%
ROE % -26.4%3.3%-16.4%6.4%5.2%10.5%20.8%7.1%18.8%12.4%2.4%-14.7%-28.8%13.7%8.2%1.8%
ROCE % -8.1%-0.4%8.5%5.7%9.0%13.0%6.1%5.0%8.6%1.2%-2.6%-12.5%5.9%5.7%2.4%

Shareholding Pattern

Insiders
26.14%
Institutions
72.83%
Public Float
98.61%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.66% 1.98M $87.58M
2 Dimensional Fund Advisors LP 6.78% 1.39M $61.50M
3 T. Rowe Price Investment Management, Inc. 5.22% 1.07M $47.29M
4 American Century Companies Inc 3.33% 682.01K $30.21M
5 Vanguard Capital Management LLC 3.24% 663.76K $29.40M
6 Patton Albertson Miller Group, LLC 2.84% 580.53K $25.71M
7 LSV Asset Management 2.23% 456.20K $20.21M
8 State Street Corporation 2.09% 428.50K $18.98M
9 Russell Investments Group, Ltd. 1.94% 396.83K $17.58M
10 Geode Capital Management, LLC 1.77% 362.88K $16.07M

Analyst View

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Latest News

Recent headlines for CVLG

Google News Sun, 12 Jul 2026

Covenant Logistics (CVLG) Stock Forum and Discussion - Moomoo

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Google News Fri, 05 Jun 2026

3 Reasons to Avoid CVLG and 1 Stock to Buy Instead - Yahoo Finance

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Google News hu, 02 Jul 2026

Covenant Logistics schedules Q2 results for July 29, call July 30 - Stock Titan

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Google News Mon, 06 Jul 2026

Price to earnings forward of Covenant Logistics Group, Inc. – NYSE:CVLG - TradingView

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Google News Wed, 08 Jul 2026

CVLG Initiated Coverage by Stephens & Co. -- Rated Overweight wi - GuruFocus

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Google News Sat, 27 Jun 2026

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CVLG — Frequently Asked Questions

What is the current share price of Covenant Logistics Group, Inc. (CVLG)?

As of 2026-07-14 21:23 PDT, Covenant Logistics Group, Inc. (CVLG) trades at $46.46 on NYSE. Its 52-week range is $17.94 to $46.50.

What is the market capitalisation of CVLG?

Covenant Logistics Group, Inc. (CVLG) has a market capitalisation of $951.08M on NYSE.

What is the P/E ratio of CVLG?

CVLG trades at a trailing price-to-earnings (P/E) ratio of 516.22. The industry average P/E is 30.17. Its price-to-book (P/B) ratio is 2.80.

Does CVLG pay a dividend?

Covenant Logistics Group, Inc. (CVLG) currently offers a dividend yield of 0.62%.

What is the return on equity (ROE) of CVLG?

CVLG has a return on equity (ROE) of 0.53%. Its return on capital employed (ROCE) is 2.45%.

Is CVLG a good stock to buy?

This page provides a data-driven analysis of Covenant Logistics Group, Inc. (CVLG), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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