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Covenant Logistics Group CVLG Compensation and benefits

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Segments

By segment

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Dedicated$44.75M+6.4%
Expedited$27.63M-14.1%
Warehousing$13.82M+11.9%
Managed Freight$3.93M+38.2%

Other financials

Income statement

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Revenue$332.9M+9.9%
Operating income$8.8M-23.5%
Net income$8.5M-13.3%
EPS (diluted)$0.32-11.1%

Balance sheet

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Cash & equivalents$2.6M+1,729%
Total debt$324.4M+5.1%
Total equity$412.9M-1.0%
Total assets$1.0B-0.3%

Cash flow

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Operating cash flow$29.0M+16.6%
CapEx$33.8M-7.2%
Free cash flow-$44.7M-207%

Valuation

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Market cap$872.17M+52.8%
Enterprise value$1.19B+35.7%
P/E27.4×+0.5×
P/S0.7×

Profitability

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Operating margin2.8%
Net margin3.7%-1.1pp
FCF margin-3.1%

Returns & leverage

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Return on equity7.5%-2.6pp
Debt / equity0.8×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Covenant Logistics Group’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 3:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026547
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Fuel surcharge revenue38,18026,32263,41652,458
Total revenue$332,873$302,854$640,034$572,209
Operating expenses:
Salaries, wages, and related expenses$110,134$109,148$219,402$214,100
Fuel expense37,85027,98966,14756,157
Operations and maintenance18,76617,06636,68032,816
Revenue equipment rentals and purchased transportation98,72476,791187,942133,596
Operating taxes and licenses3,0263,4366,0157,022

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FAQ

What is Covenant Logistics Group's compensation and benefits?
Covenant Logistics Group (CVLG) reported compensation and benefits of $110.13M in Q2 2026.
How has Covenant Logistics Group's compensation and benefits changed year-over-year?
Covenant Logistics Group's compensation and benefits increased by 0.9% year-over-year, from $109.15M to $110.13M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.

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