Saturday 17 October 2026
Export CVLG’s income statement to Excel — free account
Covenant Logistics Group, Inc.
CVLG Industrials Trucking
Covenant Logistics Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 2.92% from fiscal 2024. In the quarter to June 2026, revenue grew 9.91%, EPS fell 10.5%, free cash flow fell 406.9% and total debt rose 8.09%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
30.72
0.09
−0.29%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
22.91 | 9.28 | 8.31 | 28.13 | 0.00 | 7.34 | 4.80 | 10.69 | 19.90 | 84.77 |
Piotroski F-Score |
6 | 7 | 6 | 4 | 6 | 8 | 8 | 5 | 6 | 4 |
P/S ratio |
0.56 | 0.73 | 0.40 | 0.27 | 0.31 | 0.42 | 0.43 | 0.53 | 0.63 | 0.49 |
Altman Z-Score |
2.12 | 2.61 | 2.36 | 1.76 | 1.94 | 3.40 | 3.45 | 2.59 | 2.48 | 2.05 |
Altman Z″-Score (non-manufacturers) |
2.03 | 2.77 | 2.88 | 2.22 | 1.59 | 3.50 | 3.86 | 2.58 | 2.25 | 1.69 |
P/FCF ratio |
6.80 | 24.69 | 3.16 | 0.00 | 2.82 | 5.41 | 4.68 | 0.00 | 35.20 | 354.19 |
Beneish M-Score |
(3.23) | (2.42) | (1.54) | (3.25) | (2.52) | (2.12) | (2.93) | (2.44) | (2.95) | (2.84) |
P/Operating CF |
18.43 | 25.60 | 15.19 | 9.85 | 6.75 | 89.21 | 13.71 | 18.51 | 32.70 | 22.13 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 18 |
P/B ratio |
1.59 | 1.74 | 1.03 | 0.68 | 0.89 | 1.27 | 1.39 | 1.46 | 1.64 | 1.40 |
Price to Tangible BV |
1.59 | 1.74 | 1.31 | 0.86 | 1.15 | 1.55 | 1.93 | 2.59 | 2.66 | 2.59 |
EV/Sales |
0.87 | 1.01 | 0.64 | 0.54 | 0.38 | 0.45 | 0.46 | 0.76 | 0.83 | 0.74 |
EV/EBITDA |
5.56 | 7.03 | 4.27 | 5.32 | 6.13 | 3.85 | 3.17 | 6.50 | 7.13 | 9.00 |
EV/Operating CF |
5.67 | 8.56 | 4.50 | 7.44 | 5.02 | 6.36 | 3.54 | 9.87 | 7.62 | 7.57 |
EV/FCF |
10.53 | 34.09 | 5.04 | (17.23) | 3.47 | 5.68 | 5.05 | (20.46) | 45.95 | 539.31 |
Quick Ratio |
1.34 | 1.80 | 1.51 | 0.86 | 0.88 | 1.19 | 1.26 | 0.92 | 1.04 | 0.85 |
Current Ratio |
1.54 | 2.00 | 1.66 | 1.58 | 1.11 | 1.32 | 1.43 | 1.09 | 1.18 | 1.11 |
Net Debt/EBITDA |
1.97 | 1.94 | 1.59 | 2.66 | 1.14 | 0.18 | 0.23 | 1.92 | 1.67 | 3.09 |
Debt/Assets |
34.42% | 32.45% | 30.03% | 31.89% | 9.97% | 4.61% | 13.77% | 26.18% | 25.51% | 28.73% |
Debt/Equity |
0.90 | 0.71 | 0.68 | 0.80 | 0.23 | 0.09 | 0.29 | 0.62 | 0.58 | 0.74 |
Asset Turnover |
1.06 | 1.11 | 1.24 | 1.07 | 1.08 | 1.57 | 1.68 | 1.26 | 1.16 | 1.14 |
Operating CF/Net income |
6.08 | 1.49 | 2.94 | 7.55 | (1.48) | 1.21 | 1.47 | 1.54 | 3.42 | 15.70 |
Capex/Depreciation |
(0.66) | (0.85) | (0.18) | (1.14) | 0.43 | 0.16 | (0.83) | (1.80) | (1.18) | (1.21) |
Interest Coverage |
3.94 | 3.41 | 7.55 | 1.07 | (2.05) | 24.06 | 39.14 | 7.38 | 3.30 | 0.24 |
| 7.68% | 20.86% | 13.32% | 2.45% | (13.33%) | 18.97% | 29.91% | 14.15% | 8.53% | 1.72% | |
| 2.66% | 8.73% | 5.97% | 1.02% | (5.48%) | 9.14% | 15.01% | 6.31% | 3.68% | 0.71% | |
ROIC |
4.59% | 3.59% | 6.27% | 0.93% | (2.51%) | 11.30% | 18.04% | 5.65% | 4.26% | 0.26% |
Return on Tangible Assets |
3.28% | 10.17% | 7.95% | 1.39% | (10.53%) | 15.48% | 22.92% | 10.41% | 6.44% | 1.35% |
Average Days of Receivables |
59.68 | 67.70 | 70.01 | 39.21 | 47.48 | 56.30 | 38.52 | 50.81 | 49.08 | 54.40 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
44.63% | 43.48% | 44.12% | 47.24% | 50.05% | 41.51% | 41.74% | 46.98% | 50.07% | 50.04% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.10 | 0.08 | 0.10 | 0.10 | 0.13 | 0.18 | 0.17 | 0.18 |
Share Based Compensation of Revenue |
0.21% | 0.17% | 0.59% | 0.09% | 0.27% | 0.87% | 0.54% | 0.64% | 0.33% | 0.31% |
Graham Net Nets |
(0.66) | (0.37) | (0.62) | (1.16) | (0.93) | (0.26) | (0.38) | (0.62) | (0.48) | (0.72) |
Graham Number |
8.11 | 16.58 | 15.59 | 7.01 | 0.00 | 20.53 | 32.06 | 27.12 | 22.66 | 9.60 |
Earnings Yield |
4.36% | 10.78% | 12.03% | 3.55% | (16.80%) | 13.62% | 20.85% | 9.35% | 5.03% | 1.18% |
Free Cash Flow Yield |
14.71% | 4.05% | 31.62% | (11.58%) | 35.48% | 18.47% | 21.37% | (6.94%) | 2.84% | 0.28% |
Revenue per Share |
18.44 | 19.28 | 24.00 | 24.01 | 24.15 | 31.13 | 40.55 | 42.29 | 43.01 | 45.40 |
Operating CF per Share |
2.82 | 2.27 | 3.40 | 1.74 | 1.82 | 2.18 | 5.31 | 3.25 | 4.67 | 4.43 |
Capex per Share |
(1.30) | (1.70) | (0.37) | (2.49) | 0.81 | 0.26 | (1.58) | (4.82) | (3.90) | (4.37) |
Free Cash Flow per Share |
1.52 | 0.57 | 3.04 | (0.75) | 2.63 | 2.44 | 3.72 | (1.57) | 0.77 | 0.06 |
Cash per Share |
0.21 | 0.42 | 0.63 | 1.18 | 0.24 | 0.25 | 2.29 | 0.09 | 1.35 | 0.19 |
Shareholders Equity per Share |
6.50 | 8.07 | 9.36 | 9.50 | 8.37 | 10.41 | 12.57 | 15.46 | 16.66 | 15.75 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
6.50 | 8.07 | 9.36 | 9.50 | 8.37 | 10.41 | 12.57 | 15.46 | 16.66 | 15.75 |
Free Cash Flow |
55.14 | 20.80 | 111.35 | (27.63) | 91.27 | 82.07 | 111.76 | (40.94) | 20.37 | 1.60 |
Working Capital |
47.18 | 81.09 | 84.31 | 93.13 | 14.42 | 45.78 | 66.54 | 15.65 | 32.57 | 22.84 |
Capital Expenditures |
(47.29) | (62.05) | (13.45) | (91.66) | 28.23 | 8.85 | (47.47) | (125.78) | (102.52) | (112.05) |
Net Current Asset Value |
(249.16) | (192.15) | (218.74) | (277.14) | (238.28) | (113.44) | (196.86) | (365.07) | (345.38) | (408.73) |
EV/EBIT |
17.90 | 25.19 | 10.13 | 54.30 | 0.00 | 6.94 | 4.67 | 14.24 | 20.91 | 293.07 |
Capex to Sales |
0.07 | 0.09 | 0.02 | 0.10 | (0.03) | (0.01) | 0.04 | 0.11 | 0.09 | 0.10 |
Price to Operating Income |
11.55 | 18.24 | 6.35 | 27.20 | 0.00 | 6.61 | 4.33 | 10.03 | 16.02 | 192.47 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.15 | 0.16 | 0.17 | 0.16 | 0.17 | 0.16 | 0.14 | 0.14 | 0.16 | 0.18 |
Cash ROIC |
12.05% | 3.99% | 18.60% | (4.09%) | 24.90% | 21.14% | 20.12% | (6.25%) | 2.80% | 0.22% |
Accounts Receivable Turnover |
5.60 | 5.86 | 5.88 | 6.71 | 8.21 | 7.74 | 8.40 | 7.83 | 7.40 | 7.15 |
Accounts Payable Turnover |
17.43 | 19.69 | 17.96 | 15.38 | 11.73 | 14.13 | 15.42 | 12.09 | 11.38 | 10.31 |
Inventory Turnover |
55.26 | 59.69 | 73.48 | 77.31 | 81.91 | 135.15 | 143.89 | 96.89 | 70.56 | 66.56 |
Average Days of Payables |
21.56 | 17.66 | 26.46 | 22.24 | 38.54 | 25.08 | 25.14 | 29.87 | 31.48 | 41.60 |
Days of Inventory on Hand |
6.59 | 6.30 | 4.87 | 4.80 | 3.79 | 2.79 | 2.61 | 4.37 | 5.57 | 5.80 |
Average Receivables |
119.84 | 120.21 | 149.82 | 132.00 | 102.10 | 135.20 | 144.87 | 141.01 | 152.87 | 162.85 |
Average Payables |
12.65 | 12.44 | 16.98 | 20.80 | 25.60 | 30.80 | 31.90 | 33.53 | 32.55 | 38.71 |
Average Inventory |
3.99 | 4.11 | 4.15 | 4.14 | 3.66 | 3.22 | 3.42 | 4.18 | 5.25 | 6.00 |
Average Assets |
633.63 | 635.10 | 711.60 | 827.58 | 779.18 | 664.19 | 724.15 | 875.54 | 976.00 | 1,021.56 |
Average Common Equity |
219.29 | 265.81 | 319.17 | 346.63 | 320.38 | 320.17 | 363.41 | 390.27 | 420.88 | 421.17 |
Columns are period end dates