Covenant Logistics Group, Inc.
CVLGIndustrialsNASDAQTrucking · Last scanned Jul 17, 2026
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Daily timeframePart of the industrials sector, Covenant Logistics Group, Inc. (CVLG) is listed under Trucking. At a $1.19B market cap, Covenant Logistics Group, Inc. ranks as a small-cap company within industrials. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing.
Market Cap
$1.19B
Beta
1.30
P/E (TTM)
526.00
P/E (Fwd)
16.54
EPS (TTM)
$0.09
EPS (Fwd)
$2.86
ROE
0.5%
ROA
1.4%
Cash
$11.2M
Total Debt
$291.7M
Free CF
-$18.9M
52W Change
101.0%
Annual Financials
Cash vs Debt
The company holds $11.2M in cash, though total debt stands at $291.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$18.9M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 0.5% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.4% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.22B (2022) to $1.16B (2025).
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Covenant Logistics Group, Inc. and its sector.