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Covenant Logistics Group CVLG Accumulated Depreciation

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Segments

By segment

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Dedicated$18.21M+38.9%
Expedited$8.89M+31.6%
Warehousing$8.03M+14.8%
Managed Freight$3.83M+72.4%

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 us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization.

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 accumulated depreciation?
Covenant Logistics Group (CVLG) reported accumulated depreciation of $249.17M in Q1 2026.
How has Covenant Logistics Group's accumulated depreciation changed year-over-year?
Covenant Logistics Group's accumulated depreciation increased by 14.9% year-over-year, from $216.85M to $249.17M.
What is the long-term trend for Covenant Logistics Group's accumulated depreciation?
Over 5 years (2020 to 2025), Covenant Logistics Group's accumulated depreciation has grown at a 10.0% compound annual growth rate (CAGR), from $149.82M to $241.03M.
What does accumulated depreciation mean?
Total accumulated depreciation on property, plant, and equipment since acquisition — represents the consumed portion of asset useful lives.