What is Covenant Logistics Group's goodwill?

Covenant Logistics Group (CVLG) reported goodwill of $80.44M in Q1 2026.

How has Covenant Logistics Group's goodwill changed year-over-year?

Covenant Logistics Group's goodwill increased by 1.9% year-over-year, from $78.94M to $80.44M.

What is the long-term trend for Covenant Logistics Group's goodwill?

Over 5 years (2020 to 2025), Covenant Logistics Group's goodwill has grown at a 13.6% compound annual growth rate (CAGR), from $42.52M to $80.48M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Covenant Logistics Group CVLG Goodwill

Goodwill at other companies

JB Hunt Transport ServicesJBHT

$205.32M-9.1%

Werner EnterprisesWERN

$138.58M+7.3%

Knight-Swift Transportation Holdings Inc.KNX

$3.93B-0.7%

Schneider NationalSNDR

$337.4M-0.6%

Landstar SystemLSTR

$34.01M-16.8%

Heartland ExpressHTLD

$322.6M0.0%

Segments

By segment

See full

Dedicated$21.88M-32.8%

Warehousing$21.75M0.0%

Managed Freight$21.11M+137%

Expedited$15.7M0.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

See full

Market cap$1.08B+81.8%

Enterprise value$1.36B+58.3%

P/E36×+0.6×

P/S0.9×—

Profitability

See full

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:Goodwill.

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 goodwill?: Covenant Logistics Group (CVLG) reported goodwill of $80.44M in Q1 2026.
How has Covenant Logistics Group's goodwill changed year-over-year?: Covenant Logistics Group's goodwill increased by 1.9% year-over-year, from $78.94M to $80.44M.
What is the long-term trend for Covenant Logistics Group's goodwill?: Over 5 years (2020 to 2025), Covenant Logistics Group's goodwill has grown at a 13.6% compound annual growth rate (CAGR), from $42.52M to $80.48M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.