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Covenant Logistics Group CVLG Managed Freight — Cost Of Goods And Services Sold Overhead

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$2.49M+3.4%

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PLUSManaged Services Reporting Unit — Cost of Goods Sold
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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

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Return on equity7.5%-2.6pp
Debt / equity0.7×+0.1×
Current ratio0.0×

Where this comes from

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldOverhead.

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 managed freight — cost of goods and services sold overhead?
Covenant Logistics Group (CVLG) reported managed freight — cost of goods and services sold overhead of $2.12M in Q1 2026.
How has Covenant Logistics Group's managed freight — cost of goods and services sold overhead changed year-over-year?
Covenant Logistics Group's managed freight — cost of goods and services sold overhead decreased by 13.2% year-over-year, from $2.45M to $2.12M.
What is the long-term trend for Covenant Logistics Group's managed freight — cost of goods and services sold overhead?
Over 3 years (2022 to 2025), Covenant Logistics Group's managed freight — cost of goods and services sold overhead has grown at a 0.6% compound annual growth rate (CAGR), from $8.56M to $8.72M.
What does managed freight — cost of goods and services sold overhead mean?
Captures the indirect costs and overhead expenses directly attributable to the delivery of services within the Managed Freight segment. This metric helps assess the scalability of operations by isolating fixed or semi-variable costs that support service fulfillment beyond direct labor and fuel.