What is Covenant Logistics Group's PP&E sale proceeds?

Covenant Logistics Group (CVLG) reported PP&E sale proceeds of $35.61M in Q1 2026.

How has Covenant Logistics Group's PP&E sale proceeds changed year-over-year?

Covenant Logistics Group's PP&E sale proceeds increased by 275.6% year-over-year, from $9.48M to $35.61M.

What is the long-term trend for Covenant Logistics Group's PP&E sale proceeds?

Over 4 years (2021 to 2025), Covenant Logistics Group's PP&E sale proceeds has grown at a -5.3% compound annual growth rate (CAGR), from $44.13M to $35.52M.

What does PP&E sale proceeds mean?

Cash received from selling property, plant, and equipment no longer needed for operations.

Covenant Logistics Group CVLG PP&E Sale Proceeds

PP&E Sale Proceeds at other companies

Werner EnterprisesWERN

$50.8M+63.5%

Knight-Swift Transportation Holdings Inc.KNX

$44.43M-46.2%

Schneider NationalSNDR

$23.1M-4.1%

Landstar SystemLSTR

$1.17M-72.6%

Heartland ExpressHTLD

$32.93M+177%

Aebi Schmidt Holding AG Common StockAEBI

$879K+7,225%

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

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:ProceedsFromSaleOfPropertyPlantAndEquipment.

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 PP&E sale proceeds?: Covenant Logistics Group (CVLG) reported PP&E sale proceeds of $35.61M in Q1 2026.
How has Covenant Logistics Group's PP&E sale proceeds changed year-over-year?: Covenant Logistics Group's PP&E sale proceeds increased by 275.6% year-over-year, from $9.48M to $35.61M.
What is the long-term trend for Covenant Logistics Group's PP&E sale proceeds?: Over 4 years (2021 to 2025), Covenant Logistics Group's PP&E sale proceeds has grown at a -5.3% compound annual growth rate (CAGR), from $44.13M to $35.52M.
What does PP&E sale proceeds mean?: Cash received from selling property, plant, and equipment no longer needed for operations.