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Covenant Logistics Group CVLG Warehousing — Cost Maintenance

Other segment segments

Dedicated
$11.7M+3.5%
Expedited
$8.92M-13.5%
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$765K+35.9%

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Other financials

Income statement

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Revenue$332.9M+9.9%
Operating income$8.8M-23.5%
Net income$8.5M-13.3%
EPS (diluted)$0.32-11.1%

Balance sheet

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Cash & equivalents$2.6M+1,729%
Total debt$324.4M+5.1%
Total equity$412.9M-1.0%
Total assets$1.0B-0.3%

Cash flow

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Operating cash flow$29.0M+16.6%
CapEx$33.8M-7.2%
Free cash flow-$44.7M-207%

Valuation

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Market cap$872.17M+52.8%
Enterprise value$1.19B+35.7%
P/E27.4×+0.5×
P/S0.7×

Profitability

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Operating margin2.8%
Net margin3.7%-1.1pp
FCF margin-3.1%

Returns & leverage

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Return on equity7.5%-2.6pp
Debt / equity0.8×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:CostMaintenance.

The source filing: Covenant Logistics Group’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 3:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026547
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses:
Salaries, wages, and related expenses$110,134$109,148$219,402$214,100
Fuel expense37,85027,98966,14756,157
Operations and maintenance18,76617,06636,68032,816
Revenue equipment rentals and purchased transportation98,72476,791187,942133,596
Operating taxes and licenses3,0263,4366,0157,022
Insurance and claims18,13817,30730,78432,590
Communications and utilities1,8771,4813,9112,949

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FAQ

What is Covenant Logistics Group's warehousing — cost maintenance?
Covenant Logistics Group (CVLG) reported warehousing — cost maintenance of $1.83M in Q2 2026.
How has Covenant Logistics Group's warehousing — cost maintenance changed year-over-year?
Covenant Logistics Group's warehousing — cost maintenance increased by 19.2% year-over-year, from $1.53M to $1.83M.
What is the long-term trend for Covenant Logistics Group's warehousing — cost maintenance?
Over 3 years (2022 to 2025), Covenant Logistics Group's warehousing — cost maintenance has grown at a 17.4% compound annual growth rate (CAGR), from $3.62M to $5.86M.
What does warehousing — cost maintenance mean?
This metric represents the costs incurred for the repair and upkeep of facilities, machinery, and equipment utilized within the warehousing segment. It serves as a proxy for the physical condition of the segment's assets and the ongoing investment required to maintain operational uptime. High maintenance costs may indicate aging infrastructure or inefficient equipment usage.

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