Switch theme
Sign up to access all valuation multiples
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
$813M
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 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| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | XXX | XXX | XXX |
| Gross Profit | $186M | $164M | XXX | XXX | XXX |
| Gross Margin | 17% | 15% | XXX | XXX | XXX |
| EBITDA | $150M | $146M | XXX | XXX | XXX |
| EBITDA Margin | 14% | 13% | XXX | XXX | XXX |
| Net Profit | $109M | $55.2M | XXX | XXX | XXX |
| Net Margin | 10% | 5% | XXX | XXX | XXX |
| Net Debt | $40.6M | $242M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 25, 2025, Covenant Logistics's stock price is $21.
Covenant Logistics has current market cap of $551M, and EV of $813M.
See Covenant Logistics trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $813M | $551M | XXX | XXX | XXX | XXX | $1.91 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 25, 2025, Covenant Logistics has market cap of $551M and EV of $813M.
Covenant Logistics's trades at 0.7x LTM EV/Revenue multiple, and 5.5x LTM EBITDA.
Analysts estimate Covenant Logistics's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Covenant Logistics and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $813M | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 5.6x | XXX | XXX | XXX |
| P/E | 15.3x | XXX | XXX | XXX |
| P/E/Growth | 0.4x | XXX | XXX | XXX |
| EV/FCF | -27.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpCovenant Logistics's NTM/LTM revenue growth is 2%
Covenant Logistics's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $30K for the same period.
Over next 12 months, Covenant Logistics's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Covenant Logistics's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Covenant Logistics and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -3% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 15% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $30K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 13% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
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 |
Valuation data powered by FactSet, Inc.
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 |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| 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 $551M |
| What is the current revenue of Covenant Logistics? | Covenant Logistics's last 12-month revenue is $1.1B. |
| What is the current EBITDA of Covenant Logistics? | Covenant Logistics's last 12-month EBITDA is $147M. |
| What is the current EV/Revenue multiple of Covenant Logistics? | Current revenue multiple of Covenant Logistics is 0.7x. |
| What is the current EV/EBITDA multiple of Covenant Logistics? | Current EBITDA multiple of Covenant Logistics is 5.5x. |
| What is the current revenue growth of Covenant Logistics? | Covenant Logistics revenue growth between 2023 and 2024 was 3%. |
| Is Covenant Logistics profitable? | Yes, Covenant Logistics is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
