What does expedited — cost maintenance mean?

This metric tracks the expenditures related to the repair and routine maintenance of the vehicles and equipment utilized by the Expedited segment. It serves as a proxy for the age and condition of the fleet, as well as the operational discipline in maintaining asset reliability. High maintenance costs may indicate an aging fleet or inefficient equipment management practices.

Covenant Logistics Group CVLG Expedited — Cost Maintenance

Other segment segments

Dedicated

$11.11M+4.7%

Warehousing

$1.85M+61.2%

Managed Freight

$501K+979%

Similar metrics at other companies

MRTNSupplies And Maintenance Expense

$15.13M-2.5%

VTOLRepairs and maintenance

$68.57M+11.8%

GATXPortfolio Management — Maintenance expense

$0—

HRIEquipment Expense

$242M+40.7%

MRTNDedicated — Supplies And Maintenance Expense

$4.12M-9.0%

DALAircraft maintenance materials and outside repairs

$709M+9.8%

Other financials

Income statement

See full

Revenue$307.2M+14.0%

Operating income$6.3M-17.6%

Net income$4.4M-32.7%

EPS (diluted)$0.17-29.2%

Balance sheet

See full

Cash & equivalents$11.2M+0.1%

Total debt$291.7M+4.9%

Total equity$407.6M-8.1%

Total assets$1.0B+3.8%

Cash flow

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Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

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Market cap$1.08B+77.6%

Enterprise value$1.36B+55.5%

P/E36×+0.6×

P/S0.9×—

Profitability

See full

Operating margin2.8%—

Net margin3.7%-1.1pp

FCF margin-0.6%—

Returns & leverage

See full

Return on equity7.5%-2.6pp

Debt / equity0.7×+0.1×

Current ratio1×0.0×

Where this comes from

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:CostMaintenance.

The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Covenant Logistics Group's expedited — cost maintenance?: Covenant Logistics Group (CVLG) reported expedited — cost maintenance of $9.3M in Q1 2026.
What does expedited — cost maintenance mean?: This metric tracks the expenditures related to the repair and routine maintenance of the vehicles and equipment utilized by the Expedited segment. It serves as a proxy for the age and condition of the fleet, as well as the operational discipline in maintaining asset reliability. High maintenance costs may indicate an aging fleet or inefficient equipment management practices.