Security
Covenant Logistics Group, Inc. · CVLG
CVLGNYSECommon stockCurrentCIK 928658Updated Oct 30, 2026
Name history
COVENANT TRANSPORTATION GROUP INC · through Jun 19, 2020COVENANT TRANSPORT INC · through May 10, 2007
CVLG price & chart
Loading TradingView…
NYSE:CVLG on TradingView ↗In the news
Covenant Logistics Group Announces Quarterly Cash Dividend ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Other Events
Items 8.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,025,200,000Source | 1,009,645,000Source | 1,005,765,000Source | 1,009,092,000Source | 994,987,000Source | 1,016,828,000Source | 979,969,000Source | 943,431,000Source | 1,045,548,000Source | 997,568,000Source | 954,438,000Source | 796,645,000Source |
| Property, Plant and Equipment, NetUSD | — | 537,191,000Source | — | — | 532,884,000Source | — | 521,913,000Source | 502,985,000Source | — | 524,809,000Source | 514,655,000Source | 407,735,000Source |
| GoodwillUSD | 78,941,000Source | 78,941,000Source | 80,600,000Source | 78,941,000Source | 78,941,000Source | 80,440,000Source | 78,941,000Source | 80,303,000Source | 80,477,000Source | 78,941,000Source | 75,747,000Source | 58,217,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,686,000Source | 35,197,000Source | 2,615,000Source | 143,000Source | 1,280,000Source | 11,245,000Source | 11,239,000Source | 2,952,000Source | 4,946,000Source | 35,619,000Source | 2,294,000Source | 68,665,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 150,357,000Source | 135,080,000Source | 166,383,000Source | 152,363,000Source | 145,065,000Source | 155,720,000Source | 141,056,000Source | 143,975,000Source | 151,803,000Source | 141,635,000Source | 142,504,000Source | 119,770,000Source |
| Assets, CurrentUSD | 194,572,000Source | 214,747,000Source | 219,992,000Source | 196,597,000Source | 201,791,000Source | 211,133,000Source | 179,774,000Source | 180,444,000Source | 232,821,000Source | 213,850,000Source | 185,945,000Source | 222,656,000Source |
| Other Assets, NoncurrentUSD | 94,479,000Source | 86,009,000Source | 107,024,000Source | 93,692,000Source | 86,193,000Source | 101,946,000Source | 101,184,000Source | 82,098,000Source | 97,426,000Source | 89,633,000Source | 78,067,000Source | 58,843,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 601,484,000Source | 578,093,000Source | 592,891,000Source | 592,218,000Source | 575,614,000Source | 609,223,000Source | 536,325,000Source | 536,184,000Source | 641,552,000Source | 559,228,000Source | 551,018,000Source | 419,517,000Source |
| Commitments and ContingenciesUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Stockholders’ equity: | ||||||||||||
| Additional Paid in CapitalUSD | 159,672,000Source | 158,481,000Source | 154,466,000Source | 159,813,000Source | 157,448,000Source | 159,975,000Source | 159,758,000Source | 156,695,000Source | 159,492,000Source | 158,907,000Source | 155,846,000Source | 152,886,000Source |
| Retained Earnings (Accumulated Deficit)USD | 298,221,000Source | 403,779,000Source | 287,636,000Source | 290,881,000Source | 392,196,000Source | 280,874,000Source | 282,838,000Source | 381,450,000Source | 278,210,000Source | 278,133,000Source | 378,919,000Source | 329,471,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 604,000Source | 579,000Source | 744,000Source | 658,000Source | 1,110,000Source | 649,000Source | 782,000Source | 1,076,000Source | 612,000Source | 1,035,000Source | 816,000Source | 1,086,000Source |
| Stockholders' Equity Attributable to ParentUSD | 423,716,000Source | 431,552,000Source | 412,874,000Source | 416,874,000Source | 419,373,000Source | 407,605,000Source | 443,644,000Source | 407,247,000Source | 403,996,000Source | 438,340,000Source | 403,420,000Source | 377,128,000Source |
| Liabilities and EquityUSD | 1,025,200,000Source | 1,009,645,000Source | 1,005,765,000Source | 1,009,092,000Source | 994,987,000Source | 1,016,828,000Source | 979,969,000Source | 943,431,000Source | 1,045,548,000Source | 997,568,000Source | 954,438,000Source | 796,645,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 192,440,000Source | 194,646,000Source | 193,424,000Source | 179,930,000Source | 187,684,000Source | 202,174,000Source | 164,303,000Source | 173,403,000Source | 209,978,000Source | 181,277,000Source | 170,291,000Source | 156,121,000Source |
| Operating Lease, Liability, CurrentUSD | 11,266,000Source | 10,980,000Source | 12,646,000Source | 10,796,000Source | 10,612,000Source | 12,554,000Source | 10,598,000Source | 8,959,000Source | 12,182,000Source | 10,349,000Source | 11,950,000Source | 18,179,000Source |
| Accounts Payable, CurrentUSD | 32,618,000Source | 31,644,000Source | 34,159,000Source | 34,994,000Source | 31,584,000Source | 50,352,000Source | 31,903,000Source | 31,605,000Source | 45,479,000Source | 31,939,000Source | 33,155,000Source | 33,896,000Source |
| Operating Lease, Liability, NoncurrentUSD | 26,818,000Source | 33,608,000Source | 19,486,000Source | 29,188,000Source | 32,044,000Source | 22,693,000Source | 30,919,000Source | 27,328,000Source | 25,272,000Source | 31,302,000Source | 30,892,000Source | 46,428,000Source |
| Deferred Income Tax Liabilities, NetUSD | 122,221,000Source | 119,016,000Source | 121,082,000Source | 114,061,000Source | 120,214,000Source | 120,803,000Source | 114,413,000Source | 110,543,000Source | 119,725,000Source | 117,650,000Source | 116,095,000Source | 98,716,000Source |
| Other Liabilities, NoncurrentUSD | 13,656,000Source | 12,513,000Source | 8,848,000Source | 13,891,000Source | 12,613,000Source | 9,490,000Source | 13,488,000Source | 12,371,000Source | 13,817,000Source | 18,753,000Source | 14,169,000Source | 7,494,000Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | — | — | — | — | — | 151,800,000Source | 141,600,000Source | 142,500,000Source | — |
| Accrued Liabilities, CurrentUSD | 59,620,000Source | 55,722,000Source | 47,492,000Source | 56,040,000Source | 50,381,000Source | 52,034,000Source | 47,272,000Source | 49,194,000Source | 62,010,000Source | 51,328,000Source | 59,067,000Source | 50,984,000Source |
| Deferred Tax Liabilities, NetUSD | 122,200,000Source | 118,800,000Source | 121,100,000Source | 114,100,000Source | 119,900,000Source | 120,800,000Source | 114,400,000Source | 110,200,000Source | — | 117,650,000Source | 116,095,000Source | 98,716,000Source |
| Long-term Debt, Current MaturitiesUSD | 63,723,000Source | 73,101,000Source | 64,334,000Source | 51,159,000Source | 70,738,000Source | 52,153,000Source | 50,543,000Source | 60,964,000Source | 64,005,000Source | 64,210,000Source | 47,651,000Source | 18,897,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 203,911,000Source | 192,461,000Source | 224,732,000Source | 214,101,000Source | 197,346,000Source | 201,389,000Source | 182,349,000Source | 187,400,000Source | 234,046,000Source | 187,085,000Source | 196,894,000Source | 90,367,000Source |
| Operating Lease, Right-of-Use Asset | — | — | —Source | — | — | —Source | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 934,000Source | 1,011,000Source | 3,570,000Source | 3,691,000Source | 7,100,000Source | — |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | 828,000Source | -152,000Source | 678,000Source | 800,000Source | 317,000Source | 193,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 1,181,000Source | -2,652,000Source | 2,780,000Source | 4,483,000Source | 18,701,000Source | 13,968,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 28,963,000Source | 24,830,000Source | 113,648,000Source | 122,893,000Source | 84,841,000Source | 159,230,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | 0Source | 27,053,000Source | 4,556,000Source | 107,934,000Source | 38,501,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 24,225,000Source | -24,080,000Source | -140,061,000Source | -107,675,000Source | -235,921,000Source | -86,208,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 11,370,000Source | 33,425,000Source | 147,570,000Source | 152,962,000Source | 217,607,000Source | 100,468,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 126,000Source | 559,000Source | 1,397,000Source | 871,000Source | 4,792,000Source | 1,606,000Source |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | 36,571,000Source | 0Source | 25,430,000Source | 84,723,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -46,889,000Source | -25,130,000Source | -4,260,000Source | 18,107,000Source | 84,709,000Source | -12,769,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 6,299,000Source | -24,380,000Source | -30,673,000Source | 33,325,000Source | -66,371,000Source | 60,253,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 3,154,000Source | 2,635,000Source | 13,142,000Source | 5,674,000Source | 5,319,000Source | 3,306,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | -112,000Source | -1,988,000Source | 4,672,000Source | 7,268,000Source | 4,186,000Source | 16,653,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 3,000,000Source | 2,400,000Source | 10,800,000Source | 9,500,000Source | 7,500,000Source | 4,300,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 81,900,000Source | 77,000,000Source | 62,400,000Source | 53,200,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | — | — | — | -338,000Source | -526,000Source | 2,600,000Source | -1,630,000Source | 12,585,000Source | 40,322,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -9,800,000Source | -14,700,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 487,000Source | -209,000Source | -299,000Source | -295,000Source | -338,000Source | -326,000Source | -337,000Source | -1,630,000Source | 12,585,000Source | 40,322,000Source |
| GoodwillUSD | — | — | 78,941,000Source | 78,941,000Source | 80,600,000Source | 78,941,000Source | 80,440,000Source | 78,941,000Source | 80,477,000Source | 78,941,000Source | 75,747,000Source | 58,217,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 10,698,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | 6,264,000Source | 12,883,000Source | — | 9,840,000Source | — | 6,563,000Source | 4,410,000Source | 35,321,000Source | 54,629,000Source | 107,932,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | 2,829,000Source | 150,000Source | — | 0Source | — | 0Source | 2,829,000Source | 600,000Source | 600,000Source | 750,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 3,578,000Source | 3,993,000Source | 5,265,000Source | 4,268,000Source | 3,687,000Source | 3,776,000Source | 14,709,000Source | 14,713,000Source | 21,384,000Source | 25,193,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,772,000Source | 4,141,000Source | 2,590,000Source | 3,521,000Source | 1,663,000Source | 1,983,000Source | 1,181,000Source | 10,576,000Source | 17,611,000Source | 34,860,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 9,093,000Source | 13,033,000Source | 8,535,000Source | 9,840,000Source | 4,420,000Source | 6,563,000Source | 7,239,000Source | 35,921,000Source | 55,229,000Source | 108,682,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 21,647,000Source | 18,733,000Source | — | 34,395,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 100,000Source | 400,000Source | 399,000Source | 1,756,000Source | 236,000Source | 384,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 296,889,000Source | 287,885,000Source | 332,873,000Source | 302,854,000Source | 307,161,000Source | 269,355,000Source | 1,164,472,000Source | 1,131,476,000Source | 1,103,573,000Source | 1,216,858,000Source |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (Loss)USD | — | — | 7,926,000Source | 16,235,000Source | 8,841,000Source | 11,563,000Source | 6,282,000Source | 7,627,000Source | 2,937,000Source | 44,760,000Source | 58,823,000Source | 120,682,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 8,036,000Source | 17,024,000Source | 11,125,000Source | 13,361,000Source | 6,083,000Source | 8,546,000Source | 5,591,000Source | 45,897,000Source | 72,240,000Source | 142,792,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,772,000Source | 4,141,000Source | 2,590,000Source | 3,521,000Source | 1,663,000Source | 1,983,000Source | 1,181,000Source | 10,576,000Source | 17,611,000Source | 34,860,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 9,093,000Source | 13,033,000Source | 8,535,000Source | 9,840,000Source | 4,420,000Source | 6,563,000Source | 7,239,000Source | 35,921,000Source | 55,229,000Source | 108,682,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.36Source | 0.49Source | 0.34Source | 0.38Source | 0.18Source | 0.25Source | 0.28Source | 1.37Source | 4.23Source | 7.24Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.35Source | 0.47Source | 0.32Source | 0.36Source | 0.17Source | 0.24Source | 0.27Source | 1.3Source | 3.99Source | 7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 25,030,000Source | 26,354,000Source | 25,215,000Source | 26,041,000Source | 25,082,000Source | 26,538,000Source | 25,648,000Source | 26,307,000Source | 13,048,000Source | 15,006,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 26,301,000Source | 27,802,000Source | 26,589,000Source | 27,228,000Source | 26,434,000Source | 27,877,000Source | 26,909,000Source | 27,714,000Source | 13,834,000Source | 15,524,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | 3,000,000Source | 2,400,000Source | 10,800,000Source | 9,500,000Source | 7,500,000Source | 4,300,000Source |
| Costs and ExpensesUSD | — | — | 288,963,000Source | 271,650,000Source | 324,032,000Source | 291,291,000Source | 300,879,000Source | 261,728,000Source | 1,161,535,000Source | 1,086,716,000Source | 1,044,750,000Source | 1,096,176,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 22,953,000Source | 21,222,000Source | 22,819,000Source | 23,121,000Source | 23,976,000Source | 21,795,000Source | 92,726,000Source | 86,529,000Source | 69,943,000Source | 57,512,000Source |
| Cost, Direct Tax and LicenseUSD | — | — | 3,304,000Source | 3,227,000Source | 3,026,000Source | 3,436,000Source | 2,989,000Source | 3,586,000Source | 13,776,000Source | 11,954,000Source | 13,409,000Source | 11,931,000Source |
| Fuel CostsUSD | — | — | 29,506,000Source | 28,545,000Source | 37,850,000Source | 27,989,000Source | 28,297,000Source | 28,168,000Source | 112,292,000Source | 115,981,000Source | 133,291,000Source | 166,410,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | -9,800,000Source | -14,700,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | 10,698,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | 6,264,000Source | 12,883,000Source | — | 9,840,000Source | — | 6,563,000Source | 4,410,000Source | 35,321,000Source | 54,629,000Source | 107,932,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 5,591,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | 0.25Source | 0.49Source | — | 0.38Source | — | 0.25Source | 0.17Source | 1.35Source | 4.19Source | 7.19Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | 0.24Source | 0.46Source | — | 0.36Source | — | 0.24Source | 0.16Source | 1.28Source | 3.95Source | 6.95Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | 2,829,000Source | 150,000Source | — | 0Source | — | 0Source | 2,829,000Source | 600,000Source | 600,000Source | 750,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | 3,578,000Source | 3,993,000Source | 5,265,000Source | 4,268,000Source | 3,687,000Source | 3,776,000Source | 14,709,000Source | 14,713,000Source | 21,384,000Source | 25,193,000Source |
| Interest Expense, DebtUSD | — | — | 3,468,000Source | 3,204,000Source | 2,981,000Source | 2,470,000Source | 3,886,000Source | 2,857,000Source | 12,055,000Source | 13,576,000Source | 7,967,000Source | 3,083,000Source |
| Labor and Related ExpenseUSD | — | — | 109,745,000Source | 110,815,000Source | 110,134,000Source | 109,148,000Source | 109,268,000Source | 104,952,000Source | 433,238,000Source | 423,319,000Source | 400,491,000Source | 402,276,000Source |
| Operating Insurance and Claims Costs, ProductionUSD | — | — | 14,179,000Source | 12,241,000Source | 18,138,000Source | 17,307,000Source | 12,646,000Source | 15,283,000Source | 70,125,000Source | 59,845,000Source | 50,099,000Source | 50,547,000Source |
| Operating Lease, ExpenseUSD | — | — | — | — | — | — | — | — | 21,647,000Source | 18,733,000Source | — | 34,395,000Source |
| Other Cost and Expense, OperatingUSD | — | — | 15,872,000Source | 11,937,000Source | 12,399,000Source | 14,657,000Source | 14,199,000Source | 13,595,000Source | 59,185,000Source | 66,053,000Source | 49,444,000Source | 37,762,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 296,889,000Source | 287,885,000Source | 332,873,000Source | 302,854,000Source | 307,161,000Source | 269,355,000Source | 1,164,472,000Source | 1,131,476,000Source | 1,103,573,000Source | 1,216,858,000Source |
| Common Stock, Dividends, Per Share, Declared | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
Offerings
Registration 333-294107
Filing attachments
ef20067229_ex107.htm · S-3 · 2026-03-06
Exhibit 107 CALCULATION OF FILING FEE TABLES FORM S-3 (Form Type) COVENANT LOGISTICS GROUP, INC. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate …
Read attachment ↗