Covenant Logistics Group Net Income
| CVLG Stock | USD 28.08 1.18 4.03% |
As of the 13th of February 2026, Covenant Logistics shows the Mean Deviation of 1.82, risk adjusted performance of 0.1951, and Downside Deviation of 1.82. Covenant Logistics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Covenant Logistics information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Covenant Logistics is priced correctly, providing market reflects its regular price of 28.08 per share. Given that Covenant Logistics has jensen alpha of 0.4475, we suggest you to validate Covenant Logistics Group's prevailing market performance to make sure the company can sustain itself at a future point.
Covenant Logistics Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.8925 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 41.3 M | 43.4 M | |
| Net Income From Continuing Ops | 40.6 M | 44.5 M | |
| Net Income Applicable To Common Shares | 125 M | 131.2 M | |
| Net Income Per Share | 0.29 | 0.34 | |
| Net Income Per E B T | 1.29 | 1.36 |
Covenant | Net Income | Build AI portfolio with Covenant Stock |
The Net Income trend for Covenant Logistics Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Covenant Logistics is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Covenant Logistics' Net Income Growth Pattern
Below is the plot of the Net Income of Covenant Logistics Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Covenant Logistics financial statement analysis. It represents the amount of money remaining after all of Covenant Logistics Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Covenant Logistics' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Covenant Logistics' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 35.92 M | 10 Years Trend |
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Net Income |
| Timeline |
Covenant Net Income Regression Statistics
| Arithmetic Mean | 24,673,532 | |
| Geometric Mean | 20,685,597 | |
| Coefficient Of Variation | 139.89 | |
| Mean Deviation | 26,808,856 | |
| Median | 16,835,000 | |
| Standard Deviation | 34,514,906 | |
| Sample Variance | 1191.3T | |
| Range | 151.4M | |
| R-Value | 0.30 | |
| Mean Square Error | 1158.2T | |
| R-Squared | 0.09 | |
| Significance | 0.25 | |
| Slope | 2,033,298 | |
| Total Sum of Squares | 19060.5T |
Covenant Net Income History
Other Fundumenentals of Covenant Logistics
| Net Income From Continuing Ops | ||
| Net Income Applicable To Common Shares | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Covenant Logistics Net Income component correlations
Covenant Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Covenant Logistics is extremely important. It helps to project a fair market value of Covenant Stock properly, considering its historical fundamentals such as Net Income. Since Covenant Logistics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Covenant Logistics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Covenant Logistics' interrelated accounts and indicators.
Click cells to compare fundamentals
Can Cargo Ground Transportation industry sustain growth momentum? Does Covenant have expansion opportunities? Factors like these will boost the valuation of Covenant Logistics. Projected growth potential of Covenant fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Covenant Logistics demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.25) | Dividend Share 0.28 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.065 |
The market value of Covenant Logistics is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Covenant Logistics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Covenant Logistics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Covenant Logistics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Covenant Logistics.
| 11/15/2025 |
| 02/13/2026 |
If you would invest 0.00 in Covenant Logistics on November 15, 2025 and sell it all today you would earn a total of 0.00 from holding Covenant Logistics Group or generate 0.0% return on investment in Covenant Logistics over 90 days. Covenant Logistics is related to or competes with Universal Logistics, BlueLinx Holdings, Cass Information, Safe Bulkers, Kforce, Compass Diversified, and Ardmore Shpng. Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the Un... More
Covenant Logistics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Covenant Logistics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Covenant Logistics Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.1998 | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 5.7 |
Covenant Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Covenant Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Covenant Logistics' standard deviation. In reality, there are many statistical measures that can use Covenant Logistics historical prices to predict the future Covenant Logistics' volatility.| Risk Adjusted Performance | 0.1951 | |||
| Jensen Alpha | 0.4475 | |||
| Total Risk Alpha | 0.354 | |||
| Sortino Ratio | 0.2754 | |||
| Treynor Ratio | 0.3232 |
Covenant Logistics February 13, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1951 | |||
| Market Risk Adjusted Performance | 0.3332 | |||
| Mean Deviation | 1.82 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 1.82 | |||
| Coefficient Of Variation | 431.12 | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.31 | |||
| Information Ratio | 0.1998 | |||
| Jensen Alpha | 0.4475 | |||
| Total Risk Alpha | 0.354 | |||
| Sortino Ratio | 0.2754 | |||
| Treynor Ratio | 0.3232 | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 5.7 | |||
| Downside Variance | 3.32 | |||
| Semi Variance | 1.93 | |||
| Expected Short fall | (2.23) | |||
| Skewness | 1.08 | |||
| Kurtosis | 2.61 |
Covenant Logistics Backtested Returns
Covenant Logistics appears to be very steady, given 3 months investment horizon. Covenant Logistics secures Sharpe Ratio (or Efficiency) of 0.28, which signifies that the company had a 0.28 % return per unit of risk over the last 3 months. By analyzing Covenant Logistics' technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of Covenant Logistics' Mean Deviation of 1.82, downside deviation of 1.82, and Risk Adjusted Performance of 0.1951 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Covenant Logistics holds a performance score of 22. The firm shows a Beta (market volatility) of 1.77, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Covenant Logistics will likely underperform. Please check Covenant Logistics' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Covenant Logistics' price patterns will revert.
Auto-correlation | 0.72 |
Good predictability
Covenant Logistics Group has good predictability. Overlapping area represents the amount of predictability between Covenant Logistics time series from 15th of November 2025 to 30th of December 2025 and 30th of December 2025 to 13th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Covenant Logistics price movement. The serial correlation of 0.72 indicates that around 72.0% of current Covenant Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 3.98 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Covenant Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Covenant Logistics Group reported net income of 35.92 M. This is 86.15% lower than that of the Ground Transportation sector and 83.51% lower than that of the Industrials industry. The net income for all United States stocks is 93.71% higher than that of the company.
Covenant Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Covenant Logistics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Covenant Logistics could also be used in its relative valuation, which is a method of valuing Covenant Logistics by comparing valuation metrics of similar companies.Covenant Logistics is currently under evaluation in net income category among its peers.
Covenant Logistics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Covenant Logistics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Covenant Logistics' managers, analysts, and investors.Environmental | Governance | Social |
Covenant Logistics Institutional Holders
Institutional Holdings refers to the ownership stake in Covenant Logistics that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Covenant Logistics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Covenant Logistics' value.| Shares | Geode Capital Management, Llc | 2025-06-30 | 378.4 K | Bridgeway Capital Management, Llc | 2025-06-30 | 344.3 K | Acadian Asset Management Llc | 2025-06-30 | 304.4 K | Royce & Associates, Lp | 2025-06-30 | 275.6 K | Charles Schwab Investment Management Inc | 2025-06-30 | 212.9 K | Jacobs Levy Equity Management, Inc. | 2025-06-30 | 195.5 K | Next Century Growth Investors Llc | 2025-06-30 | 193.4 K | Ranger Investment Management Lp | 2025-06-30 | 184.6 K | Empowered Funds, Llc | 2025-06-30 | 173.5 K | Blackrock Inc | 2025-06-30 | 2.1 M | Dimensional Fund Advisors, Inc. | 2025-06-30 | 1.5 M |
Covenant Fundamentals
| Return On Equity | 0.0102 | ||||
| Return On Asset | 0.0275 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 1.04 B | ||||
| Shares Outstanding | 20.35 M | ||||
| Shares Owned By Insiders | 28.07 % | ||||
| Shares Owned By Institutions | 68.04 % | ||||
| Number Of Shares Shorted | 128.54 K | ||||
| Price To Earning | 7.43 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 0.63 X | ||||
| Revenue | 1.16 B | ||||
| Gross Profit | 256.28 M | ||||
| EBITDA | 113.19 M | ||||
| Net Income | 35.92 M | ||||
| Cash And Equivalents | 4.46 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 296.89 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 16.92 X | ||||
| Cash Flow From Operations | 122.89 M | ||||
| Short Ratio | 2.83 X | ||||
| Earnings Per Share | 0.16 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 31.67 | ||||
| Number Of Employees | 3.1 K | ||||
| Beta | 1.2 | ||||
| Market Capitalization | 732.88 M | ||||
| Total Asset | 997.57 M | ||||
| Retained Earnings | 278.13 M | ||||
| Working Capital | 32.57 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 997.57 M | ||||
| Last Dividend Paid | 0.28 |
About Covenant Logistics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Covenant Logistics Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Covenant Logistics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Covenant Logistics Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Can Cargo Ground Transportation industry sustain growth momentum? Does Covenant have expansion opportunities? Factors like these will boost the valuation of Covenant Logistics. Projected growth potential of Covenant fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Covenant Logistics demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.25) | Dividend Share 0.28 | Earnings Share 0.16 | Revenue Per Share | Quarterly Revenue Growth 0.065 |
The market value of Covenant Logistics is measured differently than its book value, which is the value of Covenant that is recorded on the company's balance sheet. Investors also form their own opinion of Covenant Logistics' value that differs from its market value or its book value, called intrinsic value, which is Covenant Logistics' true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Covenant Logistics' market value can be influenced by many factors that don't directly affect Covenant Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Covenant Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Covenant Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Covenant Logistics' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.