CVLG · XBRL financial data

Covenant Logistics Group financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CVLG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Operating income (loss)	(14)	67	121	59	45	3
Interest expense	7	3	3	8	14	12
Income tax expense (benefit)	(3)	21	35	18	11	1
Net income (loss)	(43)	61	109	55	36	7
Earnings per share, basic USD per share	(2.46)	3.61	7.24	4.23	1.37	0.28
Earnings per share, diluted USD per share	(2.46)	3.57	7.00	3.99	1.30	0.27
Weighted average shares, basic millions of shares	17	17	15	13	26	26
Weighted average shares, diluted millions of shares	17	17	16	14	28	27

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CVLG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	8	8	69	2	36	5
Accounts receivable	91	142	120	143	142	152
Total current assets	148	189	223	186	214	233
Property and equipment, net	391	346	408	515	525	—
Right-of-use asset	37	—	—	—	—	36
Goodwill	43	43	58	76	79	80
Total assets	677	652	797	954	998	1,046
Accounts payable	32	30	34	33	32	45
Accrued liabilities	39	38	51	59	51	62
Current portion of long-term debt	8	6	19	48	64	64
Total current liabilities	133	143	156	170	181	210
Long-term debt	48	20	90	197	187	234
Lease liability, non-current	21	22	46	31	31	25
Total liabilities	386	302	420	551	559	642
Retained earnings	166	225	329	379	278	278
Total stockholders' equity	291	350	377	403	438	404
Total liabilities and equity	677	652	797	954	998	1,046

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CVLG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024†Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(43)	61	109	55	36	7
Stock-based compensation	—	9	7	7	4	4
Net cash from operating activities	63	73	159	85	123	114
Purchases of property and equipment	94	35	100	218	153	148
Net cash from investing activities	138	10	(86)	(236)	(108)	(140)
Share repurchases	17	10	85	25	0	37
Dividends paid	—	0	4	6	6	7
Net cash from financing activities	(236)	(84)	(13)	85	18	(4)
Net change in cash	(35)	0	60	(66)	33	(31)

† Share count changed about 2x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 4213 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4213 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Covenant Logistics Group	2.6	not reported	(11)*	not reported	0.2 quarters	Q2 FY26 10-QJun 30, 2026
Heartland Express	62	184	13*	77.3M	—	Q2 FY26 10-QJun 30, 2026
Marten Transport	104	not reported	28*	81.7M	—	Q2 FY26 10-QJun 30, 2026
Universal Logistics Holdings	20	379	40*	26.4M	—	Q2 FY26 10-QJul 4, 2026
Schneider National	326	1,585	139*	not reported	—	Q3 FY26 10-QSep 30, 2026
Werner Enterprises	57	934	84*	60.0M	—	Q2 FY26 10-QJun 30, 2026
Arcbest	185	1,211	117*	22.1M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.