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

Covenant Logistics Group (CVLG) reported PP&E (net) of $456.67M in Q1 2026.

How has Covenant Logistics Group's PP&E (net) changed year-over-year?

Covenant Logistics Group's PP&E (net) decreased by 12.5% year-over-year, from $521.91M to $456.67M.

What is the long-term trend for Covenant Logistics Group's PP&E (net)?

Over 5 years (2020 to 2025), Covenant Logistics Group's PP&E (net) has grown at a 4.0% compound annual growth rate (CAGR), from $391.45M to $477.17M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Covenant Logistics Group CVLG PP&E (Net)

PP&E (Net) at other companies

JB Hunt Transport ServicesJBHT

$5.44B-5.6%

Werner EnterprisesWERN

$1.9B+1.8%

Knight-Swift Transportation Holdings Inc.KNX

$4.66B+0.7%

Schneider NationalSNDR

$2.7B-6.1%

Landstar SystemLSTR

$255.74M-14.0%

Heartland ExpressHTLD

$627.13M-18.2%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$29.0M+16.6%

CapEx$11.4M-66.0%

Free cash flow$17.6M+305%

Valuation

See full

Market cap$1.08B+81.8%

Enterprise value$1.36B+58.3%

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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

Ask your AI about Covenant Logistics Group's pp&e (net).

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Covenant Logistics Group's PP&E (net)?: Covenant Logistics Group (CVLG) reported PP&E (net) of $456.67M in Q1 2026.
How has Covenant Logistics Group's PP&E (net) changed year-over-year?: Covenant Logistics Group's PP&E (net) decreased by 12.5% year-over-year, from $521.91M to $456.67M.
What is the long-term trend for Covenant Logistics Group's PP&E (net)?: Over 5 years (2020 to 2025), Covenant Logistics Group's PP&E (net) has grown at a 4.0% compound annual growth rate (CAGR), from $391.45M to $477.17M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.