What does expedited — labor and related expense mean?

This metric captures the total costs associated with employee compensation, benefits, and payroll-related taxes specifically for the Expedited segment. It reflects the company's investment in human capital required to operate and manage its time-critical transportation fleet. Analyzing this expense is critical for understanding segment-level operating margins and labor efficiency.

Covenant Logistics Group CVLG Expedited — Labor And Related Expense

Other segment segments

Dedicated

$44.24M+12.4%

Warehousing

$14.74M+29.0%

Managed Freight

$3.17M+39.4%

Similar metrics at other companies

TBBKLabor And Related Expense

$37.48M+11.3%

EXPOEnvironmental And Health — Labor And Related Expense

$12.9M+3.6%

NBT

NBTBAll Other Segments — Labor And Related Expense

$3.01M+11.8%

CBUEmployee Benefit Services — Labor And Related Expense

$16.65M+3.7%

TRSTLabor And Related Expense

$12.22M+2.7%

IPAREuropean Based Operations — Labor And Related Expense

$19.87M+9.2%

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+15.5%

Enterprise value$1.36B+12.3%

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

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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:LaborAndRelatedExpense.

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 — labor and related expense?: Covenant Logistics Group (CVLG) reported expedited — labor and related expense of $28.03M in Q1 2026.
What does expedited — labor and related expense mean?: This metric captures the total costs associated with employee compensation, benefits, and payroll-related taxes specifically for the Expedited segment. It reflects the company's investment in human capital required to operate and manage its time-critical transportation fleet. Analyzing this expense is critical for understanding segment-level operating margins and labor efficiency.