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Covenant Logistics Group Inc

covenantlogistics.com

Covenant Logistics Group (NASDAQ: CVLG) is a trucking and transportation services company that provides truckload freight and logistics solutions. The company generates revenue by hauling freight for shippers under transactional and contract arrangements, using company-operated trucks as well as independent contractors. The 10-K filed 2026-02-27 (accession 000143774926006086) covers the fiscal year ended December 31, 2025. Based on the filing excerpts available, Covenant operates across multiple service segments within the U.S. trucking market. The company employs both company drivers and independent contractors to move freight, with exposure to broader freight market conditions, consumer spending trends, and supply chain dynamics. The filing references strategic initiatives, driver recruitment and retention, and freight market margins as key operational considerations.

Products & Services

Truckload freight transportation and logistics services, operated under multiple service segments. Both company drivers and independent contractors are utilized to move freight.

Revenue Model

Transactional and contract freight hauling fees paid by shippers, generated through company-operated trucking assets and independent contractor capacity.

Customers & Markets

Shippers across domestic U.S. freight markets. End market demand tied to consumer spending, supply chain conditions, and broader economic activity as noted in the FY2025 10-K.

Geographic Exposure

United States domestic operations based on filing disclosures in the 10-K filed 2026-02-27.

Financial Snapshot

Revenue
TTM
$1.202B
Gross Margin
TTM
64.12%
Net Income
TTM
$5.096M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
104.43%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$407.6M
Cash
2026 Q1
P/E
TTM
175.4
Free Cash Flow
TTM
-$7.734M

Stock Price

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Market Cap: $894.07 Million

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