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Covenant Logistics Group CVLG Capital Lease Obligation Incurred Operating

Capital Lease Obligation Incurred Operating at other companies

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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 cvti:CapitalLeaseObligationIncurredOperating.

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 capital lease obligation incurred operating?
Covenant Logistics Group (CVLG) reported capital lease obligation incurred operating of $818K in Q1 2026.
How has Covenant Logistics Group's capital lease obligation incurred operating changed year-over-year?
Covenant Logistics Group's capital lease obligation incurred operating decreased by 71.6% year-over-year, from $2.88M to $818K.
What is the long-term trend for Covenant Logistics Group's capital lease obligation incurred operating?
Over 3 years (2021 to 2024), Covenant Logistics Group's capital lease obligation incurred operating has grown at a -4.5% compound annual growth rate (CAGR), from $15.8M to $13.75M.
What does capital lease obligation incurred operating mean?
This captures the portion of capital lease obligations specifically associated with assets utilized in core operating activities. It provides insight into the company's operational reliance on leased equipment versus owned assets. Tracking this helps in assessing the true cost of operations and the long-term commitment to leased assets.