How has Covenant Logistics Group's expedited — operating income changed year-over-year?

Covenant Logistics Group's expedited — operating income decreased by 49.5% year-over-year, from $5.59M to $2.82M.

What does expedited — operating income mean?

Measures the profitability of the Expedited segment by subtracting total operating expenses from segment revenue. This is a key indicator of the segment's core business performance and its ability to generate sustainable returns from its transportation services. It excludes interest, taxes, and corporate-level allocations.

Covenant Logistics Group CVLG Expedited — Operating Income

Other segment segments

Dedicated

$5.59M+168%

Managed Freight

$3.7M+4.6%

Warehousing

$1.78M-3.5%

Similar metrics at other companies

AIRExpeditionary Services — Operating Income Loss Including Income Loss From Equity Method Investments

$2.8M-56.3%

UBERFreight — Operating Income

-$30M-20.0%

MTD

MTDRExploration and Production — Operating Income (Loss)

$18.57M-94.9%

INSPOperating Segment — Operating Income (Loss)

-$1.12M+24.7%

BZHEast — Operating Income (Loss)

$4.33M-42.7%

FBYDDestination Operations — Operating Income

-$242K+36.3%

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

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:OperatingIncomeLoss.

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 — operating income?: Covenant Logistics Group (CVLG) reported expedited — operating income of $2.82M in Q1 2026.
How has Covenant Logistics Group's expedited — operating income changed year-over-year?: Covenant Logistics Group's expedited — operating income decreased by 49.5% year-over-year, from $5.59M to $2.82M.
What does expedited — operating income mean?: Measures the profitability of the Expedited segment by subtracting total operating expenses from segment revenue. This is a key indicator of the segment's core business performance and its ability to generate sustainable returns from its transportation services. It excludes interest, taxes, and corporate-level allocations.