Covenant Logistics Group, Inc. (CVLG)

NYSE: CVLG · Trucking (No Local) · Chattanooga, TN · filing with the SEC since 1996

Grade5.2

◀ Past 5.6● Present 4.7▶ Future 5.6

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 30, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Report filed	Feb 27, 2026	Feb 28, 2025	Feb 28, 2024	Feb 28, 2023	Feb 28, 2022	·	Mar 5, 2021	Mar 9, 2020	Mar 13, 2019	Feb 28, 2018
Revenue	1,164,472	1,131,476	1,103,573	1,216,858	1,046,003	·	838,561	885,387^r	880,417^r	705,007
Total operating expenses	·	·	·	·	·	·	·	·	826,469	676,852
Total costs and expenses	1,161,535	1,086,716	1,044,750	1,096,176	978,841	·	852,588	876,618^r	825,001^r	676,852
Operating income	2,937	44,760	58,823	120,682	67,162	·	-14,027	8,769^r	55,416^r	28,155
Interest expense	12,055	13,576	7,967	3,083	2,791	·	6,841	8,218^r	7,344^r	8,258
Share of profit of equity-method investments	14,709	14,713	21,384	25,193	14,782	·	3,944	7,017	7,732	3,400
Income before income taxes	5,591	45,897	72,240	142,792	79,153	·	-16,924	7,568^r	55,804^r	23,297
Income tax expense	1,181	10,576	17,611	34,860	20,962	·	-2,804	2,349^r	14,944^r	-32,142
Income from continuing operations	4,410	35,321	54,629	107,932	58,191	·	-14,120	5,219	40,860	·
Income from discontinued operations	2,829	600	600	750	2,540	·	-28,598	3,258	1,643	·
Net income	7,239	35,921	55,229	108,682	60,731	60,731	-42,718	8,477	42,503	55,439
Earnings per share, basic	0.28	1.37	2.12^r	3.62^r	1.805^b	·	-1.23^b	0.23^b	1.16^b	1.515^b
Earnings per share, diluted	0.27	1.30	2.00^r	3.50^r	1.785^b	·	-1.23^b	0.225^b	1.15^b	1.51^b
Weighted average shares, basic	25,648	26,307	26,096^r	30,012^r	33,606^b	·	34,716^b	36,870^b	36,680^b	36,558^b
Weighted average shares, diluted	26,909	27,714	27,668^r	31,048^r	34,040^b	·	34,716^b	37,270^b	36,938^b	36,744^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpenseDebt

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton CVLG · research, not advice