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Covenant Logistics Group CVLG Managed Freight — D&A

Other segment segments

Dedicated
$4.88M+19.9%
Warehousing
$424K-11.9%
Expedited
$1K-66.7%

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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:DepreciationDepletionAndAmortization.

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 — D&A?
Covenant Logistics Group (CVLG) reported managed freight — D&A of $99K in Q1 2026.
How has Covenant Logistics Group's managed freight — D&A changed year-over-year?
Covenant Logistics Group's managed freight — D&A increased by 350.0% year-over-year, from $22K to $99K.
What is the long-term trend for Covenant Logistics Group's managed freight — D&A?
Over 4 years (2021 to 2025), Covenant Logistics Group's managed freight — D&A has grown at a -28.0% compound annual growth rate (CAGR), from $595K to $160K.
What does managed freight — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets used by the Managed Freight segment over their useful lives. This metric is essential for understanding the capital intensity and asset replacement cycle of the segment.