What is Covenant Logistics Group's PP&E (gross)?

Covenant Logistics Group (CVLG) reported PP&E (gross) of $705.83M in Q1 2026.

What does PP&E (gross) mean?

Total cost of all property, plant, and equipment before deducting accumulated depreciation — the gross investment in tangible assets.

Revenue$307.2M+14.0%

Operating income$6.3M-17.6%

Net income$4.4M-32.7%

EPS (diluted)$0.17-29.2%

Cash & equivalents$11.2M+0.1%

Total debt$291.7M+4.9%

Total equity$407.6M-8.1%

Total assets$1.0B+3.8%

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Market cap$1.1B+81.8%

Enterprise value$1.38B+58.3%

P/E36.9×+0.6×

P/S0.9×—

Operating margin2.8%—

Net margin3.7%-1.1pp

FCF margin-0.6%—

Return on equity7.5%-2.6pp

Debt / equity0.7×+0.1×

Current ratio1×0.0×

Reported directly by Covenant Logistics Group in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.

The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Connect your AI assistant and see it in context, right in your chat.

What is Covenant Logistics Group's PP&E (gross)?: Covenant Logistics Group (CVLG) reported PP&E (gross) of $705.83M in Q1 2026.
What does PP&E (gross) mean?: Total cost of all property, plant, and equipment before deducting accumulated depreciation — the gross investment in tangible assets.