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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.
1994
4.7K+
LTM Revenue $1.1B
LTM EBITDA $147M
$947M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Covenant Logistics has a last 12-month revenue (LTM) of $1.1B and a last 12-month EBITDA of $147M.
In the most recent fiscal year, Covenant Logistics achieved revenue of $1.1B and an EBITDA of $146M.
Covenant Logistics expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Covenant Logistics valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | XXX | $1.1B | XXX | XXX | XXX |
| Gross Profit | n/a | XXX | $190M | XXX | XXX | XXX |
| Gross Margin | n/a | XXX | 17% | XXX | XXX | XXX |
| EBITDA | $147M | XXX | $146M | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBIT | $65.8M | XXX | $46.4M | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $43.2M | XXX | $35.9M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $216M | XXX | XXX | XXX |
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As of July 11, 2025, Covenant Logistics's stock price is $26.
Covenant Logistics has current market cap of $680M, and EV of $947M.
See Covenant Logistics trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $947M | $680M | XXX | XXX | XXX | XXX | $1.85 |
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Start Free TrialAs of July 11, 2025, Covenant Logistics has market cap of $680M and EV of $947M.
Covenant Logistics's trades at 0.8x EV/Revenue multiple, and 6.5x EV/EBITDA.
Equity research analysts estimate Covenant Logistics's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Covenant Logistics has a P/E ratio of 15.7x.
See valuation multiples for Covenant Logistics and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $680M | XXX | $680M | XXX | XXX | XXX |
| EV (current) | $947M | XXX | $947M | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.4x | XXX | 6.5x | XXX | XXX | XXX |
| EV/EBIT | 14.4x | XXX | 20.4x | XXX | XXX | XXX |
| EV/Gross Profit | n/a | XXX | n/a | XXX | XXX | XXX |
| P/E | 15.7x | XXX | 18.9x | XXX | XXX | XXX |
| EV/FCF | 24.0x | XXX | -31.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialCovenant Logistics's last 12 month revenue growth is 3%
Covenant Logistics's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $30K for the same period.
Covenant Logistics's rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Covenant Logistics's rule of X is 21% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Covenant Logistics and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | -1% | XXX | XXX | XXX |
| Rule of 40 | 17% | XXX | 16% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 21% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $30K | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 13% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Ferrari Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Inpost | XXX | XXX | XXX | XXX | XXX | XXX |
| PostNL | XXX | XXX | XXX | XXX | XXX | XXX |
| Toppoint | XXX | XXX | XXX | XXX | XXX | XXX |
| Brambles | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Covenant Logistics acquired XXX companies to date.
Last acquisition by Covenant Logistics was XXXXXXXX, XXXXX XXXXX XXXXXX . Covenant Logistics acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Covenant Logistics founded? | Covenant Logistics was founded in 1994. |
| Where is Covenant Logistics headquartered? | Covenant Logistics is headquartered in United States of America. |
| How many employees does Covenant Logistics have? | As of today, Covenant Logistics has 4.7K+ employees. |
| Who is the CEO of Covenant Logistics? | Covenant Logistics's CEO is Mr. David R. Parker. |
| Is Covenant Logistics publicy listed? | Yes, Covenant Logistics is a public company listed on NYS. |
| What is the stock symbol of Covenant Logistics? | Covenant Logistics trades under CVLG ticker. |
| When did Covenant Logistics go public? | Covenant Logistics went public in 1994. |
| Who are competitors of Covenant Logistics? | Similar companies to Covenant Logistics include e.g. Ferrari Group, Inpost, PostNL, Toppoint. |
| What is the current market cap of Covenant Logistics? | Covenant Logistics's current market cap is $680M |
| What is the current revenue of Covenant Logistics? | Covenant Logistics's last 12 months revenue is $1.1B. |
| What is the current revenue growth of Covenant Logistics? | Covenant Logistics revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Covenant Logistics? | Current revenue multiple of Covenant Logistics is 0.8x. |
| Is Covenant Logistics profitable? | Yes, Covenant Logistics is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Covenant Logistics? | Covenant Logistics's last 12 months EBITDA is $147M. |
| What is Covenant Logistics's EBITDA margin? | Covenant Logistics's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of Covenant Logistics? | Current EBITDA multiple of Covenant Logistics is 6.4x. |
| What is the current FCF of Covenant Logistics? | Covenant Logistics's last 12 months FCF is $39.5M. |
| What is Covenant Logistics's FCF margin? | Covenant Logistics's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Covenant Logistics? | Current FCF multiple of Covenant Logistics is 24.0x. |
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