COVENANT LOGISTICS GROUP, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.2B | $1.1B | $1.1B | $1.2B | $1.0B |
| Operating income | $2.9M | $44.8M | $58.8M | $120.7M | $67.2M |
| Pretax income | $5.6M | $45.9M | $72.2M | $142.8M | $79.2M |
| Income tax expense | $1.2M | $10.6M | $17.6M | $34.9M | $21.0M |
| Net income | $7.2M | $35.9M | $55.2M | $108.7M | $60.7M |
| Balance Sheet | |||||
| Cash and equivalents | $4.9M | $35.6M | $2.3M | $68.7M | $8.4M |
| Current assets | $232.8M | $213.8M | $185.9M | $222.7M | $188.5M |
| Total assets | $1.0B | $997.6M | $954.4M | $796.6M | $651.7M |
| Current liabilities | $210.0M | $181.3M | $170.3M | $156.1M | $142.7M |
| Total liabilities | $641.6M | $559.2M | $551.0M | $419.5M | $302.0M |
| Stockholders' equity | $404.0M | $438.3M | $403.4M | $377.1M | $349.7M |
| Cash Flow Statement | |||||
| Cash from operations | $113.6M | $122.9M | $84.8M | $159.2M | $73.2M |
| Depreciation and amortization | $81.9M | $77.0M | $62.4M | $53.2M | $49.8M |
| Stock-based compensation | $3.6M | $3.7M | $7.1M | $6.6M | $9.1M |
| Capital expenditure | $147.6M | $153.0M | $217.6M | $100.5M | $35.3M |
| Free cash flow | -$33.9M | -$30.1M | -$132.8M | $58.8M | $37.9M |
| Dividends paid | $7.2M | $5.8M | $5.8M | $4.3M | $0 |
| Share repurchases | $36.6M | $0 | $25.4M | $84.7M | $10.3M |
| Impairments | $10.7M | $0 | $0 | — | $0 |
Shares outstanding 25.2M
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.