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COVENANT LOGISTICS GROUP, INC. CVLG

NYSE · stock · Trucking (No Local) · website · IPO 1994-10-28

COVENANT LOGISTICS GROUP, INC. statistics & valuation

Market cap$1.1B
P / E156.5×
P / S1.0×
P / B2.8×
Dividend yield0.63%
Net margin0.6%
Return on equity1.8%
FCF margin-2.9%
Net debt$229.1M
Net debt / EBITDA2.4×
Enterprise value USD$1.4B
EV / EBITDA14.2×
Earnings yield EBIT/EV0.2%
Return on capital0.4%
Graham number -72%$9.55

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($9.55); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.80% 1.00% -5.10% 5.80% 8.90% 5.00% 3.20% 0.60% 2018201920202021202220232024202420252025
Gross margin (%)
2018201920202021202220232024202420252025
Operating margin (%)
6.30% 1.00% -1.70% 6.40% 9.90% 5.30% 3.50% 4.00% 3.40% 0.30% 2018201920202021202220232024202420252025
Return on equity (%)
12.40% 2.40% -14.70% 17.40% 28.80% 13.70% 8.20% 1.80% 2018201920202021202220232024202420252025
Shares outstanding
36.9M 37.3M 34.7M 34.0M 31.0M 27.7M 27.7M 26.9M 2018201920202021202220232024202420252025
Net debt ($)
$143.5M $156.6M $39.5M $11.9M $21.7M $194.6M $196.1M $151.5M $214.0M $229.1M 2018201920202021202220232024202420252025
Share buybacks ($)
2018201920202021202220232024202420252025
Return on assets (%)
5.50% 1.00% -6.30% 9.30% 13.60% 5.80% 3.60% 0.70% 2018201920202021202220232024202420252025
Free cash flow margin (%)
5.60% -8.40% -3.70% 3.60% 4.80% -12.00% -2.70% -2.90% 2018201920202021202220232024202420252025
Debt / equity (×)
0.49× 0.57× 0.16× 0.06× 0.24× 0.49× 0.47× 0.43× 0.51× 0.58× 2018201920202021202220232024202420252025
EPS ($)
$1.15 $0.23 -$1.23 $1.78 $3.50 $2.00 $1.30 $0.27 2018201920202021202220232024202420252025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

COVENANT LOGISTICS GROUP, INC. trades at about 126.3× earnings — above its 10-year norm (10-year range 4.7×–91.1×, median 12.1×).

4.7× 126.3×

Shaded band = 10-year range (4.7×–91.1×); dot = today's 126.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2025FY2024FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin0.3%3.4%4.0%3.5%5.3%9.9%6.4%-1.7%1.0%6.3%
Net margin0.6%—3.2%—5.0%8.9%5.8%-5.1%1.0%4.8%
FCF margin-2.9%—-2.7%—-12.0%4.8%3.6%-3.7%-8.4%5.6%
Return on assets0.7%—3.6%—5.8%13.6%9.3%-6.3%1.0%5.5%
Return on equity1.8%—8.2%—13.7%28.8%17.4%-14.7%2.4%12.4%
Debt / equity0.58×0.51×0.43×0.47×0.49×0.24×0.06×0.16×0.57×0.49×
Current ratio1.111.091.181.081.091.431.321.111.581.66

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.