What is Covenant Logistics Group's expedited — fuel costs?

Covenant Logistics Group (CVLG) reported expedited — fuel costs of $14.51M in Q1 2026.

What does expedited — fuel costs mean?

This metric represents the direct expenses incurred for fuel consumption within the Expedited segment's operations. As a significant variable cost in logistics, fuel expenses are highly sensitive to market energy prices and fleet fuel efficiency. Tracking this metric allows stakeholders to evaluate the segment's exposure to energy price volatility and its ability to pass costs through to customers.

Covenant Logistics Group CVLG Expedited — Fuel Costs

Other segment segments

Dedicated

$14.16M+8.2%

Warehousing

$217K+24.0%

Managed Freight

$0—

Similar metrics at other companies

VTOLFuel

$20.15M+6.7%

WERNAircraft fuel

$82.45M+30.7%

ARKOFuel Costs1

$1.3B-1.9%

FDXFedEx Freight Segment — Fuel

$104M-7.1%

MRTNFuel And Fuel Tax Expense

$33.91M+2.4%

ARCBAsset Based — Fuel Supplies And Expenses

$81.59M+5.1%

Other financials

Income statement

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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

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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

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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:FuelCosts.

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

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What is Covenant Logistics Group's expedited — fuel costs?: Covenant Logistics Group (CVLG) reported expedited — fuel costs of $14.51M in Q1 2026.
What does expedited — fuel costs mean?: This metric represents the direct expenses incurred for fuel consumption within the Expedited segment's operations. As a significant variable cost in logistics, fuel expenses are highly sensitive to market energy prices and fleet fuel efficiency. Tracking this metric allows stakeholders to evaluate the segment's exposure to energy price volatility and its ability to pass costs through to customers.