COVENANT LOGISTICS GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.13B | $1.10B | $1.22B | $1.05B | $838.6M | $885.4M | $880.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $2.9M | $44.8M | $58.8M | $120.7M | $67.2M | $-14.0M | $8.8M | $55.4M |
| Operating Margin | 0.3% | 4.0% | 5.3% | 9.9% | 6.4% | -1.7% | 1.0% | 6.3% |
| Interest Expense | $12.1M | $13.6M | $8.0M | $3.1M | $2.8M | $6.8M | $8.2M | $7.3M |
| Pretax Income | $5.6M | $45.9M | $72.2M | $142.8M | $79.2M | $-16.9M | $7.6M | $55.8M |
| Income Tax Expense | $1.2M | $10.6M | $17.6M | $34.9M | $21.0M | $-2.8M | $2.3M | $14.9M |
| Net Income | $7.2M | $35.9M | $55.2M | $108.7M | $60.7M | $-42.7M | $8.5M | $42.5M |
| Net Margin | 0.6% | 3.2% | 5.0% | 8.9% | 5.8% | -5.1% | 1.0% | 4.8% |
| EPS (Basic) | $0.28 | $1.37 | $2.12 | $3.62 | $3.61 | $-2.46 | $0.46 | $2.32 |
| EPS (Diluted) | $0.27 | $1.30 | $2.00 | $3.50 | $3.57 | $-2.46 | $0.45 | $2.30 |
| Shares Outstanding (Basic) | 25.6M | 26.3M | 26.1M | 30.0M | 16.8M | 17.4M | 18.4M | 18.3M |
| Shares Outstanding (Diluted) | 26.9M | 27.7M | 27.7M | 31.0M | 17.0M | 17.4M | 18.6M | 18.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |