What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Covenant Logistics Group CVLG Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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4.7%-0.3pp

Knight-Swift Transportation Holdings Inc.KNX

$316.96M-13.5%

Heartland ExpressHTLD

$3.27M-47.0%

RXORXO

$222M-13.3%

Aebi Schmidt Holding AG Common StockAEBI

6%+0.5pp

Americold Realty TrustCOLD

$170.77M-2.1%

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+15.5%

Enterprise value$1.36B+12.3%

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 ratio1×0.0×

Where this comes from

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?: Covenant Logistics Group (CVLG) reported operating lease ROU assets of $33.33M in Q1 2026.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.