Covenant Logistics Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,202	1,164	1,131	1,104	1,217	1,046
Revenue Growth (YoY)	7.15%	2.92%	2.53%	-9.31%	16.34%	24.74%
Cost of Revenue	954.02	915.59	867.25	882.84	985.29	855.74
Gross Profit	248.26	248.88	264.22	220.74	231.57	190.26
Selling, General & Admin	134.22	135.69	131.31	104.56	93.69	73.02
Depreciation & Amortization Expenses	94.91	92.73	86.53	69.94	57.51	53.88
Other Operating Expenses	11.05	17.53	1.63	-12.59	-40.32	-3.8
Total Operating Expenses	240.18	245.95	219.46	161.91	110.88	123.1
Operating Income	1.59	2.94	44.76	58.82	120.68	67.16
Interest Income	14.62	14.71	14.71	21.38	25.19	14.78
Interest Expense	-13.08	-12.06	-13.58	-7.97	-3.08	-2.79
Total Non-Operating Income (Expense)	1.54	2.65	1.14	13.42	22.11	11.99
Pretax Income	3.13	5.59	45.9	72.24	142.79	79.15
Provision for Income Taxes	0.86	1.18	10.58	17.61	34.86	20.96
Net Income	5.1	7.24	35.92	55.23	108.68	60.73
Earnings From Discontinued Operations	2.83	2.83	0.6	0.6	0.75	2.54
Net Income to Common	5.1	7.24	35.92	55.23	108.68	60.73
Net Income Growth	-86.77%	-79.85%	-34.96%	-49.18%	78.96%	-
Shares Outstanding (Basic)	25	26	26	26	30	34
Shares Outstanding (Diluted)	26	27	28	28	31	34
Shares Change (YoY)	-5.60%	-2.90%	0.17%	-10.89%	-8.79%	-1.95%
EPS (Basic)	0.19	0.28	1.37	2.12	3.60	1.73
EPS (Diluted)	0.15	0.27	1.30	2.00	3.48	1.71
EPS Growth	-89.21%	-79.23%	-35.00%	-42.53%	103.51%	-
Shares Outstanding	25.08	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	0.210	0.280	0.220	0.220	0.142	-
Dividend Growth	-25.00%	27.27%	-	54.39%	-	-
Gross Margin	20.65%	21.37%	23.35%	20.00%	19.03%	18.19%
Operating Margin	0.13%	0.25%	3.96%	5.33%	9.92%	6.42%
Profit Margin	0.19%	0.38%	3.12%	4.95%	20.60%	13.13%
FCF Margin	-	-2.91%	-2.66%	-12.03%	4.83%	3.63%
EBITDA	1.59	95.66	131.29	128.77	178.19	121.04
EBITDA Margin	0.13%	8.22%	11.60%	11.67%	14.64%	11.57%
EBIT	1.59	2.94	44.76	58.82	120.68	67.16
EBIT Margin	0.13%	0.25%	3.96%	5.33%	9.92%	6.42%
Effective Tax Rate	27.53%	21.12%	23.04%	24.38%	24.41%	26.48%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q