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Covenant Logistics Group CVLG Managed Freight — Direct Taxes And Licenses Costs

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$720K+18.4%
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$439K-44.4%
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$288K-14.3%

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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$1.1B+81.8%
Enterprise value$1.38B+58.3%
P/E36.9×+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:DirectTaxesAndLicensesCosts.

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 — direct taxes and licenses costs?
Covenant Logistics Group (CVLG) reported managed freight — direct taxes and licenses costs of $31K in Q1 2026.
How has Covenant Logistics Group's managed freight — direct taxes and licenses costs changed year-over-year?
Covenant Logistics Group's managed freight — direct taxes and licenses costs decreased by 45.6% year-over-year, from $57K to $31K.
What is the long-term trend for Covenant Logistics Group's managed freight — direct taxes and licenses costs?
Over 3 years (2022 to 2025), Covenant Logistics Group's managed freight — direct taxes and licenses costs has grown at a 36.8% compound annual growth rate (CAGR), from $41K to $105K.
What does managed freight — direct taxes and licenses costs mean?
Includes mandatory government fees, operating licenses, and direct taxes specifically attributable to the Managed Freight segment's operations. These costs represent the regulatory and compliance burden of maintaining active freight services.