Covenant Logistics Group Income Statement

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
Revenue	1,164	1,131	1,104	1,217	1,046
Revenue Growth (YoY)	2.92%	2.53%	-9.31%	16.33%	24.74%
Cost of Revenue	915.59	867.25	882.84	985.29	855.74
Gross Profit	248.88	264.22	220.74	231.57	190.26
Selling, General & Admin	135.69	131.31	104.56	93.69	73.02
Depreciation & Amortization Expenses	92.73	86.53	69.94	57.51	53.88
Other Operating Expenses	17.53	1.63	-12.59	-40.32	-3.8
Total Operating Expenses	245.95	219.46	161.91	110.88	123.1
Operating Income	2.94	44.76	58.82	120.68	67.16
Interest Income	14.71	14.71	21.38	25.19	14.78
Interest Expense	-12.06	-13.58	-7.97	-3.08	-2.79
Total Non-Operating Income (Expense)	2.65	1.14	13.42	22.11	11.99
Pretax Income	5.59	45.9	72.24	142.79	79.15
Provision for Income Taxes	1.18	10.58	17.61	34.86	20.96
Net Income	7.24	35.92	55.23	108.68	60.73
Earnings From Discontinued Operations	2.83	0.6	0.6	0.75	2.54
Net Income to Common	7.24	35.92	55.23	108.68	60.73
Net Income Growth	-79.85%	-34.96%	-49.18%	78.96%	-
Shares Outstanding (Basic)	26	26	26	30	34
Shares Outstanding (Diluted)	27	28	28	31	34
Shares Change (YoY)	-2.90%	0.17%	-10.89%	-8.79%	-1.95%
EPS (Basic)	0.28	1.37	2.12	3.60	1.73
EPS (Diluted)	0.27	1.30	2.00	3.48	1.71
EPS Growth	-79.23%	-35.00%	-42.53%	103.51%	-
Shares Outstanding	25.07	26.47	26.14	27.12	33.53
Free Cash Flow	-33.92	-30.07	-132.77	58.76	37.93
Free Cash Flow Growth	-	-	-	54.91%	-
Free Cash Flow Per Share	-1.26	-1.08	-4.80	1.89	1.11
Dividends Per Share	0.280	0.220	0.220	0.142	-
Dividend Growth	27.27%	-	54.39%	-	-
Gross Margin	21.37%	23.35%	20.00%	19.03%	18.19%
Operating Margin	0.25%	3.96%	5.33%	9.92%	6.42%
Profit Margin	0.38%	3.12%	4.95%	20.60%	13.13%
FCF Margin	-2.91%	-2.66%	-12.03%	4.83%	3.63%
EBITDA	95.66	131.29	128.77	178.19	121.04
EBITDA Margin	8.22%	11.60%	11.67%	14.64%	11.57%
EBIT	2.94	44.76	58.82	120.68	67.16
EBIT Margin	0.25%	3.96%	5.33%	9.92%	6.42%
Effective Tax Rate	21.12%	23.04%	24.38%	24.41%	26.48%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q