What does managed freight — goodwill impairment mean?

This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Managed Freight segment exceeds its implied fair value. It serves as a critical indicator of potential overpayment for past acquisitions or a decline in the long-term economic prospects of the segment. Investors monitor this to assess the stability of intangible assets and the accuracy of historical capital allocation strategies.

Covenant Logistics Group CVLG Managed Freight — Goodwill Impairment

Other segment segments

Dedicated

$10.7M—

Expedited

$0—

Warehousing

$0—

Similar metrics at other companies

LSTRTransportation Logistics — Goodwill Impairment

$1.88M—

FDXFedex Freight — Goodwill, Impaired, Accumulated Impairment Loss

$133M0.0%

UBERFreight — Goodwill

$1.44B—

BYDManaged And Other — Goodwill Impaired Accumulated Impairment Loss

$30.53M0.0%

CZRManaged and Branded — Goodwill, Impairment Loss

$0—

WABFreight Segment — Goodwill

$8.56B+17.9%

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

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:GoodwillImpairmentLoss.

The official record: Covenant Logistics Group’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Covenant Logistics Group's managed freight — goodwill impairment?: Covenant Logistics Group (CVLG) reported managed freight — goodwill impairment of -$0 in Q4 2025.
What does managed freight — goodwill impairment mean?: This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Managed Freight segment exceeds its implied fair value. It serves as a critical indicator of potential overpayment for past acquisitions or a decline in the long-term economic prospects of the segment. Investors monitor this to assess the stability of intangible assets and the accuracy of historical capital allocation strategies.