Covenant Logistics Group Overview

  • Year Founded
  • 1986

Year Founded

  • Status
  • Public

  • Employees
  • 4,800

Employees

  • Stock Symbol
  • CVLG

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $22.85
  • (As of Friday Closing)

Covenant Logistics Group General Information

Description

Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.

Contact Information

Formerly Known As
Covenant Transport, Covenant Transportation Group
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 400 Birmingham Highway
  • Chattanooga, TN 37419
  • United States
+1 (423)
Primary Industry
Road
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 400 Birmingham Highway
  • Chattanooga, TN 37419
  • United States
+1 (423)

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Covenant Logistics Group Stock Performance

As of 20-Jun-2025, Covenant Logistics Group’s stock price is $22.85. Its current market cap is $607M with 26.6M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$22.85 $22.84 $17.46 - $30.77 $607M 26.6M 152K $1.47

Covenant Logistics Group Financials Summary

As of 31-Mar-2025, Covenant Logistics Group has a trailing 12-month revenue of $1.12B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 850,689 999,715 830,376 542,197
Revenue 1,122,068 1,131,476 1,103,573 1,216,858
EBITDA 150,081 146,002 150,150 203,387
Net Income 38,509 35,921 55,229 108,682
Total Assets 979,969 997,568 954,438 796,645
Total Debt 278,172 296,889 293,464 179,629
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Covenant Logistics Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Covenant Logistics Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight bro
Road
Chattanooga, TN
4,800 As of 2024

Chattanooga, TN
 

North Liberty, IA
 
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Covenant Logistics Group Competitors (34)

One of Covenant Logistics Group’s 34 competitors is U.S. Xpress Enterprises, a Corporate Backed or Acquired company based in Chattanooga, TN.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
U.S. Xpress Enterprises Corporate Backed or Acquired Chattanooga, TN
Heartland Express Corporation North Liberty, IA
Knight-Swift Transportation Holdings Corporation Phoenix, AZ
J.B. Hunt Transport Corporation Lowell, AR
PAMT Corporation Tontitown, AR
You’re viewing 5 of 34 competitors. Get the full list »

Covenant Logistics Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Covenant Logistics Group Acquisitions (5)

Covenant Logistics Group’s most recent deal was a Merger/Acquisition with Sims Transport Services for . The deal was made on 18-Aug-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Sims Transport Services 18-Aug-2023 Merger/Acquisition Logistics
Lew Thompson & Son 26-Apr-2023 Merger/Acquisition Road
AAT Carriers 09-Feb-2022 Merger/Acquisition Logistics
Landair Holdings 03-Jul-2018 Merger/Acquisition Road
Star Transportation 14-Sep-2006 Merger/Acquisition Road
To view Covenant Logistics Group’s complete acquisitions history, request access »

Covenant Logistics Group ESG

Risk Overview

Risk Rating

Updated April, 26, 2025

17.78 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,673

Rank

Percentile

Transportation

Industry

of 368

Rank

Percentile

Trucking

Subindustry

of 63

Rank

Percentile

To view Covenant Logistics Group’s complete esg history, request access »

Covenant Logistics Group Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Sims Transport Services Homer, GA 2015
AAT Carriers Chattanooga, TN 2007
Lew Thompson & Son Huntsville, AR 1983

Covenant Logistics Group FAQs

  • When was Covenant Logistics Group founded?

    Covenant Logistics Group was founded in 1986.

  • Where is Covenant Logistics Group headquartered?

    Covenant Logistics Group is headquartered in Chattanooga, TN.

  • What is the size of Covenant Logistics Group?

    Covenant Logistics Group has 4,800 total employees.

  • What industry is Covenant Logistics Group in?

    Covenant Logistics Group’s primary industry is Road.

  • Is Covenant Logistics Group a private or public company?

    Covenant Logistics Group is a Public company.

  • What is Covenant Logistics Group’s stock symbol?

    The ticker symbol for Covenant Logistics Group is CVLG.

  • What is the current stock price of Covenant Logistics Group?

    As of 20-Jun-2025 the stock price of Covenant Logistics Group is $22.85.

  • What is the current market cap of Covenant Logistics Group?

    The current market capitalization of Covenant Logistics Group is $607M.

  • What is Covenant Logistics Group’s current revenue?

    The trailing twelve month revenue for Covenant Logistics Group is $1.12B.

  • Who are Covenant Logistics Group’s competitors?

    U.S. Xpress Enterprises, Heartland Express, Knight-Swift Transportation Holdings, J.B. Hunt Transport, and PAMT are some of the 34 competitors of Covenant Logistics Group.

  • What is Covenant Logistics Group’s annual earnings per share (EPS)?

    Covenant Logistics Group’s EPS for 12 months was $1.47.

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