Covenant Logistics Group CVLG Expedited — Revenue Equipment Rentals And Purchased Transportation

Other segment segments

Managed Freight

$79.37M+66.6%

Dedicated

$7.2M-13.7%

Warehousing

$1.2M+11.1%

Similar metrics at other companies

HTLDRent and purchased transportation

$10.46M-26.7%

WERNRent and purchased transportation

$221.1M+7.3%

MRTNPurchased Transportation

$33.47M-11.1%

SNDRPurchased transportation

$477.6M-1.6%

HRIEquipment Expense

$242M+40.7%

HRIEquipment rental — Revenue

$884M+32.7%

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

See full

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

See full

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 cvti:RevenueEquipmentRentalsAndPurchasedTransportation.

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

Ask your AI about Covenant Logistics Group's expedited — revenue equipment rentals and purchased transportation.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Covenant Logistics Group's expedited — revenue equipment rentals and purchased transportation?: Covenant Logistics Group (CVLG) reported expedited — revenue equipment rentals and purchased transportation of $15.08M in Q1 2026.
What does expedited — revenue equipment rentals and purchased transportation mean?: This metric encompasses the costs incurred for renting revenue-generating equipment and utilizing third-party carriers to supplement the Expedited segment's capacity. It reflects the company's reliance on external assets and outsourced logistics to meet fluctuating customer demand. This figure is essential for assessing the segment's variable cost structure and capacity management strategy.