Covenant Logistics Group Inc. (CVLG) Financial Statements (2026 and earlier)

Company Profile

Business Address 400 BIRMINGHAM HIGHWAY
CHATTANOOGA, TN 37419
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 4213 - Trucking, Except Local (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,94635,6192,29468,6658,4128,407
Cash and cash equivalent4,94635,6192,29468,6658,4128,407
Receivables162,767147,541148,652124,023151,99794,686
Prepaid expense21,65819,97517,88015,74612,53611,924
Asset, held-for-sale, not part of disposal group26,0701326,7825,9562,92515,007
Other current assets240343531367 265
Other undisclosed current assets17,14010,2409,8067,89912,65717,507
Total current assets:232,821213,850185,945222,656188,527147,796
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization      
Operating lease, right-of-use asset      
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization  524,809514,655407,735346,483391,452
Intangible asset, including goodwill, after accumulated amortization186,086169,067175,362106,38662,99367,036
Goodwill80,47778,94175,74758,21742,51842,518
Intangible asset, excluding goodwill, after accumulated amortization105,60990,12699,61548,16920,47524,518
Disposal group, including discontinued operation, noncurrent assets  2094091,0251,2759,535
Other noncurrent assets97,42689,63378,06758,84352,38460,897
Other receivable, after allowance for credit loss16,531  ✕✕✕
Other undisclosed noncurrent assets512,684     
Total noncurrent assets:812,727783,718768,493573,989463,135528,920
TOTAL ASSETS:1,045,548997,568954,438796,645651,662676,716
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities107,48983,26792,22284,88067,90870,233
Accounts payable45,47931,93933,15533,89629,90731,695
Accrued liabilities62,01051,32859,06750,98438,00138,538
Debt77,02775,31060,38242,40228,38131,468
Liability for uncertainty in income taxes 1001001004006001,000
Disposal group, including discontinued operation      816
Other liabilities     557643
Other undisclosed current liabilities25,36222,60017,58728,43945,29929,221
Total current liabilities:209,978181,277170,291156,121142,745133,381
Noncurrent Liabilities
Long-term debt and lease obligation236,399190,277202,19090,79945,87080,118
Long-term debt, excluding current maturities234,046187,085196,89490,36720,34747,888
Finance lease, liability2,3533,1925,2964323,96910,756
Liabilities, other than long-term debt195,175187,674178,537172,597113,348172,575
Accounts payable and accrued liabilities36,36119,13415,74615,85921,43844,077
Deferred income tax liabilities119,725117,650116,09598,71684,66174,553
Disposal group, including discontinued operation, liabilities  8351,6354,1005,10044,151
Other liabilities13,81718,75314,1697,4942,1499,794
Operating lease, liability25,27231,30230,89246,42821,55421,474
Total noncurrent liabilities:431,574377,951380,727263,396159,218252,693
Total liabilities:641,552559,228551,018419,517301,963386,074
Equity
Equity, attributable to parent, including:403,996438,340403,420377,128349,699290,642
Treasury stock, value(34,584) (132,346)(106,500)(23,662)(17,067)
Additional paid in capital159,492158,907155,846152,886149,406143,438
Accumulated other comprehensive income (loss)6121,0358161,086(1,306)(2,251)
Retained earnings278,210278,133378,919329,471225,076166,325
Other undisclosed equity, attributable to parent266265185185185197
Total equity:403,996438,340403,420377,128349,699290,642
TOTAL LIABILITIES AND EQUITY:1,045,548997,568954,438796,645651,662676,716

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020