COVENANT LOGISTICS GROUP, INC. (CVLG)

29.44 -0.27 (-0.91%)

As of 2026-03-03 12:49:03 EST

Covenant Logistics Group, Inc. (formerly Covenant Transport, Inc.) is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.

Traded asNYSE: CVLG
ISINUS22284P1057
CIK0000928658
LEI
EIN880320154
Sector
IndustryTrucking (No Local)
CEO
Employees
Fiscal Year End1231
Address400 BIRMINGHAM HIGHWAY, CHATTANOOGA, TN, 37419
Phone4238211212
Websitehttps://www.covenantlogistics.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
CVLGCOVENANT LOGISTICS GROUP, INC.2026-03-03 12:49:0329.44-0.27-0.91
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
CVLG0000928658COVENANT LOGISTICS GROUP, INC.US22284P1057880320154NYSE4213Trucking (No Local)1231NV400 BIRMINGHAM HIGHWAYCHATTANOOGATN37419UNITED STATESUS4238211212400 BIRMINGHAM HIGHWAY, CHATTANOOGA, TN, 37419400 BIRMINGHAM HIGHWAY, CHATTANOOGA, TN, 37419COVENANT TRANSPORTATION GROUP INC1986https://www.covenantlogistics.com/439,900,000Covenant Logistics Group, Inc. (formerly Covenant Transport, Inc.) is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.2026-02-26 18:20:11
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CVLG Stock Price (End-of-Day)
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CVLG Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024439,900,00070,800,00019.1818
2023369,100,000113,400,00044.3488
2022255,700,0007,400,0002.9803
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Tripp GrantEVP, CFO2024405,4860499,986300,2324,9081,210,612
Dustin KoehlCOO2024261,5420399,988235,8798,898906,307
David R. ParkerCEO, Chairman Of The Board2024804,710250,0000827,690157,1972,039,597
M. Paul BunnPresident2024618,46701,000,019647,3685,1162,270,970
Joey BallardEVP2024348,2390299,992224,8386,742879,811
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Income Statements
Fiscal Year202520242023
Revenue1,164,472,0001,131,476,0001,103,573,000
Cost Of Revenue21,480,00011,467,000
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses1,161,535,0001,086,716,0001,044,750,000
Operating Income2,937,00044,760,00058,823,000
Net Income7,239,00035,921,00055,229,000
Earnings Per Share Basic0.281.374.23
Earnings Per Share Diluted0.271.33.99
Weighted Average Shares Outstanding Basic25,648,00026,307,00013,048,000
Weighted Average Shares Outstanding Diluted26,909,00027,714,00013,834,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents4,946,00035,619,0002,294,000
Marketable Securities Current
Accounts Receivable151,800,000141,600,000142,500,000
Inventories
Non Trade Receivables11,548,0006,499,0006,739,000
Other Assets Current240,000343,000531,000
Total Assets Current232,821,000213,850,000185,945,000
Marketable Securities Non Current
Property Plant And Equipment524,809,000514,655,000
Other Assets Non Current97,426,00089,633,00078,067,000
Total Assets Non Current585,466,000575,786,000518,870,000
Total Assets1,045,548,000997,568,000954,438,000
Accounts Payable45,479,00031,939,00033,155,000
Deferred Revenue
Short Term Debt64,005,00064,210,00047,651,000
Other Liabilities Current62,010,00051,328,00059,067,000
Total Liabilities Current209,978,000181,277,000170,291,000
Long Term Debt261,671,000221,579,000233,082,000
Other Liabilities Non Current13,817,00018,753,00014,169,000
Total Liabilities Non Current387,228,000378,933,000347,121,000
Total Liabilities641,552,000559,228,000551,018,000
Common Stock219,000218,000161,000
Retained Earnings278,210,000278,133,000378,919,000
Accumulated Other Comprehensive Income612,0001,035,000816,000
Total Shareholders Equity403,996,000438,340,000403,420,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization92,726,00086,529,00069,943,000
Share Based Compensation Expense3,570,0003,691,0007,100,000
Other Non Cash Income Expense-337,000-1,630,00012,585,000
Change In Accounts Receivable9,710,000-2,749,00022,416,000
Change In Inventories678,000800,000317,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable9,322,000-4,414,000-9,191,000
Change In Other Liabilities
Cash From Operating Activities113,648,000122,893,00084,841,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment147,570,000152,962,000217,607,000
Acquisition Of Business27,053,0004,556,000107,934,000
Other Investing Activities
Cash From Investing Activities-140,061,000-107,675,000-235,921,000
Tax Withholding For Share Based Compensation1,397,000871,0004,792,000
Payments Of Dividends7,162,0005,796,0005,781,000
Issuance Of Common Stock
Repurchase Of Common Stock36,571,000025,430,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt79,214,00069,000,000128,258,000
Other Financing Activities
Cash From Financing Activities-4,260,00018,107,00084,709,000
Change In Cash-30,673,00033,325,000-66,371,000
Cash At End Of Period4,946,00035,619,0002,294,000
Income Taxes Paid4,672,0007,268,0004,186,000
Interest Paid13,142,0005,674,0005,319,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share0.281.374.23
Price To Earnings Ratio78.714319.89425.4421
Earnings Growth Rate-79.562-67.6123-41.5746
Price Earnings To Growth Ratio-0.9893-0.2942-0.1309
Book Value Per Share15.751616.662530.9181
Price To Book Ratio1.39921.63570.7445
Ebitda116,692,000143,294,000137,325,000
Enterprise Value886,011,920967,167,285578,803,960
Dividend Yield0.01270.00810.0192
Dividend Payout Ratio0.98940.16140.1047
Debt To Equity Ratio0.80610.6520.6959
Capital Expenditures96,683,000176,863,000
Free Cash Flow26,210,000-92,022,000
Return On Equity0.01790.08190.1369
One Year Beta1.21221.08210.861
Three Year Beta1.09691.02930.9803
Five Year Beta1.04821.09981.1297
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
HOGAN JOEY BDirector2026-02-272,600D118,794
PARKER DAVID RAYDirector, Chairman and CEO, 10% owner2026-02-2012,452D2,065,492
PARKER DAVID RAYDirector, Chairman and CEO, 10% owner2026-02-2017,948D2,047,544
PARKER DAVID RAYDirector, Chairman and CEO, 10% owner2026-02-1955,000D2,077,944
PARKER DAVID RAYDirector, Chairman and CEO, 10% owner2026-02-1865,000D2,132,944
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Caitong International Asset Management Co., Ltd2025-12-3144222
DGS Capital Management, LLC2025-12-31298,01313,52122.0408
Sunbelt Securities, Inc.2025-12-312,24810222.0392
T. Rowe Price Investment Management, Inc.2025-12-3115,748,000714,51622.0401
Invesco Ltd.2025-12-31655,66829,74922.04
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
RYDEX SERIES FUNDS2025-12-31Class CRYCMX21462.840.0055
RYDEX SERIES FUNDS2025-12-31Class ARYAKX21462.840.0055
RYDEX SERIES FUNDS2025-12-31Class HRYMKX21462.840.0055
RYDEX DYNAMIC FUNDS2025-12-31H-Class SharesRYRSX761,675.040.0031
RYDEX DYNAMIC FUNDS2025-12-31C-Class SharesRYRLX761,675.040.0031
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