COVENANT LOGISTICS GROUP INC (CVLG) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CVLG • US22284P1057

28.6 USD
-0.51 (-1.75%)
At close: Feb 9, 2026
28.6 USD
0 (0%)
After Hours: 2/9/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, CVLG scores 4 out of 10 in our fundamental rating. CVLG was compared to 42 industry peers in the Ground Transportation industry. CVLG has a medium profitability rating, but doesn't score so well on its financial health evaluation. CVLG is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • CVLG had positive earnings in the past year.
  • CVLG had a positive operating cash flow in the past year.
  • Each year in the past 5 years CVLG has been profitable.
  • CVLG had a positive operating cash flow in 4 of the past 5 years.
CVLG Yearly Net Income VS EBIT VS OCF VS FCFCVLG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M -100M 150M

1.2 Ratios

  • CVLG has a better Return On Assets (3.14%) than 61.90% of its industry peers.
  • With a Return On Equity value of 7.60%, CVLG perfoms like the industry average, outperforming 59.52% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 3.34%, CVLG is in line with its industry, outperforming 54.76% of the companies in the same industry.
Industry RankSector Rank
ROA 3.14%
ROE 7.6%
ROIC 3.34%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CVLG Yearly ROA, ROE, ROICCVLG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • CVLG's Profit Margin of 2.81% is in line compared to the rest of the industry. CVLG outperforms 59.52% of its industry peers.
  • CVLG's Profit Margin has declined in the last couple of years.
  • The Operating Margin of CVLG (3.12%) is comparable to the rest of the industry.
  • CVLG's Operating Margin has been stable in the last couple of years.
  • CVLG has a Gross Margin of 66.86%. This is amongst the best in the industry. CVLG outperforms 80.95% of its industry peers.
  • In the last couple of years the Gross Margin of CVLG has remained more or less at the same level.
Industry RankSector Rank
OM 3.12%
PM (TTM) 2.81%
GM 66.86%
OM growth 3Y-43.36%
OM growth 5Y-1.2%
PM growth 3Y-58.87%
PM growth 5YN/A
GM growth 3Y3.34%
GM growth 5Y0.44%
CVLG Yearly Profit, Operating, Gross MarginsCVLG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CVLG is destroying value.
  • There is no outstanding debt for CVLG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CVLG Yearly Shares OutstandingCVLG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
CVLG Yearly Total Debt VS Total AssetsCVLG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 2.37 indicates that CVLG is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.37, CVLG is in line with its industry, outperforming 52.38% of the companies in the same industry.
  • CVLG has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
  • CVLG has a Debt to Equity ratio (0.49) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.49
Debt/FCF N/A
Altman-Z 2.37
ROIC/WACC0.37
WACC9.08%
CVLG Yearly LT Debt VS Equity VS FCFCVLG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

2.3 Liquidity

  • CVLG has a Current Ratio of 1.01. This is a normal value and indicates that CVLG is financially healthy and should not expect problems in meeting its short term obligations.
  • CVLG has a worse Current ratio (1.01) than 61.90% of its industry peers.
  • CVLG has a Quick Ratio of 1.01. This is a bad value and indicates that CVLG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • CVLG's Quick ratio of 0.98 is on the low side compared to the rest of the industry. CVLG is outperformed by 64.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 0.98
CVLG Yearly Current Assets VS Current LiabilitesCVLG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The earnings per share for CVLG have decreased strongly by -23.04% in the last year.
  • Measured over the past years, CVLG shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.32% on average per year.
  • The Revenue has been growing slightly by 2.92% in the past year.
  • The Revenue has been growing slightly by 6.79% on average over the past years.
EPS 1Y (TTM)-23.04%
EPS 3Y-19.69%
EPS 5Y22.32%
EPS Q2Q%-36.73%
Revenue 1Y (TTM)2.92%
Revenue growth 3Y-1.46%
Revenue growth 5Y6.79%
Sales Q2Q%6.51%

3.2 Future

  • CVLG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.74% yearly.
  • CVLG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.55% yearly.
EPS Next Y22.47%
EPS Next 2Y28.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.58%
Revenue Next 2Y6.55%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
CVLG Yearly Revenue VS EstimatesCVLG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
CVLG Yearly EPS VS EstimatesCVLG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 18.82, which indicates a rather expensive current valuation of CVLG.
  • Based on the Price/Earnings ratio, CVLG is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, CVLG is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 15.36, CVLG is valued correctly.
  • Based on the Price/Forward Earnings ratio, CVLG is valued cheaper than 90.48% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of CVLG to the average of the S&P500 Index (27.86), we can say CVLG is valued slightly cheaper.
Industry RankSector Rank
PE 18.82
Fwd PE 15.36
CVLG Price Earnings VS Forward Price EarningsCVLG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • CVLG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVLG is cheaper than 88.10% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.94
CVLG Per share dataCVLG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as CVLG's earnings are expected to grow with 28.74% in the coming years.
PEG (NY)0.84
PEG (5Y)0.84
EPS Next 2Y28.74%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • CVLG has a yearly dividend return of 0.97%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.68, CVLG pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, CVLG's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.97%

5.2 History

  • CVLG has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
CVLG Yearly Dividends per shareCVLG Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.05 0.1 0.15 0.2 0.25

5.3 Sustainability

  • CVLG pays out 21.30% of its income as dividend. This is a sustainable payout ratio.
DP21.3%
EPS Next 2Y28.74%
EPS Next 3YN/A
CVLG Yearly Income VS Free CF VS DividendCVLG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M -100M
CVLG Dividend Payout.CVLG Dividend Payout, showing the Payout Ratio.CVLG Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

COVENANT LOGISTICS GROUP INC

NYSE:CVLG (2/9/2026, 8:04:00 PM)

After market: 28.6 0 (0%)

28.6

-0.51 (-1.75%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)01-29
Earnings (Next)04-21
Inst Owners68.78%
Inst Owner ChangeN/A
Ins Owners27.43%
Ins Owner Change-0.54%
Market Cap716.43M
Revenue(TTM)1.16B
Net Income(TTM)32.22M
Analysts82
Price Target32.3 (12.94%)
Short Float %3.33%
Short Ratio3.36
Dividend
Industry RankSector Rank
Dividend Yield 0.97%
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DP21.3%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.47%
Min EPS beat(2)-4.14%
Max EPS beat(2)3.2%
EPS beat(4)1
Avg EPS beat(4)-2.3%
Min EPS beat(4)-5.65%
Max EPS beat(4)3.2%
EPS beat(8)4
Avg EPS beat(8)-0.04%
EPS beat(12)6
Avg EPS beat(12)1.31%
EPS beat(16)10
Avg EPS beat(16)6.26%
Revenue beat(2)1
Avg Revenue beat(2)1.53%
Min Revenue beat(2)-0.27%
Max Revenue beat(2)3.33%
Revenue beat(4)1
Avg Revenue beat(4)-1.79%
Min Revenue beat(4)-5.67%
Max Revenue beat(4)3.33%
Revenue beat(8)2
Avg Revenue beat(8)-1.96%
Revenue beat(12)3
Avg Revenue beat(12)-1.58%
Revenue beat(16)7
Avg Revenue beat(16)0.44%
PT rev (1m)2.15%
PT rev (3m)6.74%
EPS NQ rev (1m)-4.67%
EPS NQ rev (3m)-4.67%
EPS NY rev (1m)-12.15%
EPS NY rev (3m)-13.1%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)1.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
Industry RankSector Rank
PE 18.82
Fwd PE 15.36
P/S 0.62
P/FCF N/A
P/OCF 6.51
P/B 1.69
P/tB 2.85
EV/EBITDA 7.94
EPS(TTM)1.52
EY5.31%
EPS(NY)1.86
Fwd EY6.51%
FCF(TTM)-1.22
FCFYN/A
OCF(TTM)4.39
OCFY15.36%
SpS45.77
BVpS16.91
TBVpS10.03
PEG (NY)0.84
PEG (5Y)0.84
Graham Number24.05
Profitability
Industry RankSector Rank
ROA 3.14%
ROE 7.6%
ROCE 4.29%
ROIC 3.34%
ROICexc 3.36%
ROICexgc 4.24%
OM 3.12%
PM (TTM) 2.81%
GM 66.86%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-43.36%
OM growth 5Y-1.2%
PM growth 3Y-58.87%
PM growth 5YN/A
GM growth 3Y3.34%
GM growth 5Y0.44%
F-Score5
Asset Turnover1.12
Health
Industry RankSector Rank
Debt/Equity 0.49
Debt/FCF N/A
Debt/EBITDA 1.64
Cap/Depr 156.23%
Cap/Sales 12.26%
Interest Coverage 250
Cash Conversion 87.55%
Profit Quality N/A
Current Ratio 1.01
Quick Ratio 0.98
Altman-Z 2.37
F-Score5
WACC9.08%
ROIC/WACC0.37
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.04%
EPS 3Y-19.69%
EPS 5Y22.32%
EPS Q2Q%-36.73%
EPS Next Y22.47%
EPS Next 2Y28.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.92%
Revenue growth 3Y-1.46%
Revenue growth 5Y6.79%
Sales Q2Q%6.51%
Revenue Next Year5.58%
Revenue Next 2Y6.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-31.2%
EBIT growth 3Y-44.19%
EBIT growth 5Y5.5%
EBIT Next Year152.93%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y70.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-17.16%
OCF growth 3YN/A
OCF growth 5YN/A

COVENANT LOGISTICS GROUP INC / CVLG FAQ

Can you provide the ChartMill fundamental rating for COVENANT LOGISTICS GROUP INC?

ChartMill assigns a fundamental rating of 4 / 10 to CVLG.


What is the valuation status of COVENANT LOGISTICS GROUP INC (CVLG) stock?

ChartMill assigns a valuation rating of 5 / 10 to COVENANT LOGISTICS GROUP INC (CVLG). This can be considered as Fairly Valued.


Can you provide the profitability details for COVENANT LOGISTICS GROUP INC?

COVENANT LOGISTICS GROUP INC (CVLG) has a profitability rating of 5 / 10.


What is the expected EPS growth for COVENANT LOGISTICS GROUP INC (CVLG) stock?

The Earnings per Share (EPS) of COVENANT LOGISTICS GROUP INC (CVLG) is expected to grow by 22.47% in the next year.


Is the dividend of COVENANT LOGISTICS GROUP INC sustainable?

The dividend rating of COVENANT LOGISTICS GROUP INC (CVLG) is 3 / 10 and the dividend payout ratio is 21.3%.