Covenant Logistics Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	35.62	2.29	68.67	8.41
Cash & Short-Term Investments	2.69	35.62	2.29	68.67	8.41
Cash Growth	-92.46%	1452.70%	-96.66%	716.27%	0.06%
Accounts Receivable	-	141.64	142.5	119.77	142.36
Other Receivables	-	6.5	6.74	4.84	10.18
Receivables	-	148.13	149.24	124.61	152.54
Inventory	-	5.65	4.85	3.52	3.32
Prepaid Expenses	-	19.98	17.88	15.75	12.54
Other Current Assets	-	4.47	11.68	10.12	11.72
Total Current Assets	-	213.85	185.95	222.66	188.53
Property, Plant & Equipment	-	524.81	514.66	407.74	346.48
Long-Term Investments	-	77.41	66.33	54.73	44.2
Goodwill	-	78.94	75.75	58.22	42.52
Other Intangible Assets	-	90.13	99.62	48.17	20.48
Other Long-Term Assets	-	12.44	12.15	5.14	9.46
Total Assets	-	997.57	954.44	796.65	651.66
Accounts Payable	-	31.94	33.16	33.9	29.91
Accrued Expenses	-	73.75	76.29	79.82	83.9
Current Portion of Long-Term Debt	-	64.21	47.65	18.9	5.72
Current Portion of Leases	-	11.1	12.73	23.51	22.66
Other Current Liabilities	-	0.28	0.46	-	0.56
Total Current Liabilities	-	181.28	170.29	156.12	142.75
Long-Term Debt	-	187.09	196.89	90.37	20.35
Long-Term Leases	-	34.49	36.19	46.86	25.52
Long-Term Deferred Tax Liabilities	-	117.65	116.1	98.72	84.66
Other Long-Term Liabilities	-	38.72	31.55	27.45	28.69
Total Liabilities	-	559.23	551.02	419.52	301.96
Common Stock	-	0.27	0.19	0.19	0.19
Additional Paid-In Capital	-	158.91	155.85	152.89	149.41
Retained Earnings	-	278.13	378.92	329.47	225.08
Treasury Stock	-	-	-132.35	-106.5	-23.66
Comprehensive Income & Other	-	1.04	0.82	1.09	-1.31
Shareholders' Equity	423.72	438.34	403.42	377.13	349.7
Total Liabilities & Equity	-	997.57	954.44	796.65	651.66
Total Debt	309.11	296.89	293.46	179.63	74.25
Net Cash (Debt)	-306.42	-261.27	-291.17	-110.96	-65.84
Net Cash Per Share	-11.39	-9.43	-10.52	-3.57	-1.93
Filing Date Shares Outstanding	25.05	26.55	26.14	26.48	33.64
Total Common Shares Outstanding	25.05	26.47	26.14	27.12	33.53
Working Capital	-	32.57	15.65	66.54	45.78
Book Value Per Share	16.92	16.56	15.43	13.91	10.43
Tangible Book Value	251.22	269.27	228.06	270.74	286.71
Tangible Book Value Per Share	10.03	10.17	8.72	9.98	8.55
Land	-	12.41	11.75	11.72	16.34
Buildings	-	97.64	104.36	96.55	72.18
Machinery	-	576.45	536.86	460.3	359.04
Construction In Progress	-	6.4	2.97	16.08	0.87

Source: S&P Global Market Intelligence. Standard template. Financial Sources.