Feed / CVLG

Covenant Logistics Group, Inc.

CVLG

Industrials · 35.30 -0.6% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Covenant Logistics Group, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 5 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company-0.6% todayVolume comparison unavailable
Market group0 of 5 activeTrucking and Logistics · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • CVLG's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if CVLG's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Trucking

No new filing conclusion is available. 0 of 5 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • CVLG's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements130
Verified relationships1
Evidence supporting the case
  • Operating cash flow covered net income at 15.70x in the latest annual period.
Evidence challenging the case
  • Operating margin changed -3.7 percentage points in the latest annual period.
  • Net margin changed -2.6 percentage points in the latest annual period.
  • Input and raw-material costs has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 114% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 18% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

35.30
6m+19.9%12m+44.7%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.0B+24.7%$3.57-1.9%
2022-12-31$1.2B+16.3%$3.50
2023-12-31$1.1B-9.3%$2.00-10.9%
2024-12-31$1.1B+2.5%$1.30+0.2%
2025-12-31$1.2B+2.9%$0.27-2.9%

What management says matters

Persistent and emerging business drivers

Input and raw-material costsmixed · 4 filings
The increase in segment operating income for Managed Freight for the three months ended March 31, 2026 was primarily the result of the aforementioned increase in Managed Freight revenue partially offset by an increase in Managed Freight segment operating expe…
10-Q · May 7, 2026
Credit and interest ratesmixed · 3 filings
The change in net cash flows from financing activities was primarily the result of the repurchase of $36.6 million of shares of our Class A common stock during 2025 compared to none during 2024, partially offset by net proceeds relating to notes payable and o…
10-K · Feb 27, 2026
Energy and commodity pricesmixed · 3 filings
Page 26 Table of Contents Fuel expense Three Months Ended March 31, 2026 2025 Fuel expense $ 28,297 $ 28,168 % of total revenue 9.2 % 10.5 % % of freight revenue 10.0 % 11.6 % Total fuel expense the three months ended March 31, 2026 remained relatively even o…
10-Q · May 7, 2026
Supply chain and availabilitypositive · 2 filings
30 Table of Contents Salaries, wages, and related expenses Year ended December 31, (dollars in thousands) 2025 2024 Salaries, wages, and related expenses $ 433,238 $ 423,319 % of total revenue 37.2 % 37.4 % % of freight revenue 40.9 % 41.7 % The increase in s…
10-K · Feb 27, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.8× · EV/sales 1.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

35.30-0.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CVLG. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CVLG. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CVLG

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

STHOFiling-linked namepartnerFeb 27, 2026

Managed Freight experienced increased revenue with the fourth quarter integration of assets acquired that are now operating as Star (the "Star Acquisition") helping to offset the July 2025 loss of a key customer, but heightened costs associated with securing…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CVLG is currently a Early Follower in the organic co-movement group Trucking and Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for CVLG; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.