Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.

Covenant Logistics Group, Inc.

FreightPros provides LTL and truckload freight shipping services through a selection of national and regional carriers. It focuses on delivering quality freight experience supported by a team of freight professionals.

FreightPros

Covenant provides logistics solutions for transportation and supply chain management.

Metric
Company Name	Covenant Logistics Group, Inc.	FreightPros
Symbol	CVLG
MSH ID	COM:COVENANTLOGISTICS	COM:FREIGHTPROS
Market	STOCKS	PRIVATE
Sector	Industrials	Transportation
Industry	Trucking	Freight and Logistics
Country	US	US
Stage
Employee Count	2.90K
Website	covenantlogistics.com	freightpros.com
LinkedIn
Founders

Metric
Market Cap	635.26M
Enterprise Value
Monthly Web Traffic		9.20K
Web Traffic Growth		-0.64
Valuation
Raised Capital

Metric
Revenue	1.10B
Revenue (LTM)
Revenue (NTM)
Gross Profit	697.57M
EBITDA	150.75M
Operating Income	58.82M
Net Income	55.23M
EPS	4.23
Diluted EPS	3.99
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.14
Operating Profit Margin	0.04
EBITDA Margin	0.14
Net Profit Margin	0.05
Return on Equity	0.14
Return on Assets	0.05
Return on Capital Employed	0.06

COM:COVENANTLOGISTICS

Covenant

Last Close

56.96

22/11 21:00

Market Cap

635.26M

Beta: -

Volume Today

33.63K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	11.66
P/B Ratio	1.60
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.66
EV Multiple	8.73

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding	2.07
Operating Cycle	54.59
Cash Conversion Cycle	42.95
Asset Turnover	1.18

Metric
Operating Cash Flow	84.84M
Free Cash Flow	-132.77M
Cash Flow to Debt	0.42
Operating Cash Flow/Sales	0.10
Free Cash Flow Yield	-0.05

Metric
Cash & Equivalents	2.29M
Accounts Receivable	-22.42M
Inventory	4.85M
Goodwill	75.75M
Debt to Capitalization	0.40
Debt to Assets
Current Ratio
Quick Ratio	1.05

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00
R&D to Revenue
SG&A to Revenue	0.07