Cost of Goods Sold (Quarterly)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

Covenant Logistics Group, Inc. (CVLG) had Cost of Goods Sold of $136.57M for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$332.87M
Net Income	$8.54M
Cost of Goods Sold	$136.57M
Gross Profit	$196.30M
Operating Expenses	$324.03M
Operating Income	$8.84M
Non-Operating Income/Expense	$2.28M
Pre-Tax Income	$11.12M
Normalized Pre-Tax Income	$11.12M
Income after Taxes	$8.54M
Income from Continuous Operations	$8.54M
Consolidated Net Income/Loss	$8.54M
Normalized Income after Taxes	$8.54M
EBIT	$8.84M
EBITDA	$31.66M
Weighted-Average Shares Outstanding (Basic)	25.21M
Weighted-Average Shares Outstanding (Diluted)	26.59M
Earnings per Share (EPS) (Basic)	$0.34
Earnings per Share (EPS) (Diluted)	$0.32
Balance Sheet Financials
Current Assets	$219.99M
Property, Plant, and Equipment	$463.36M
Long-Term Assets	$785.77M
Total Assets	$1.01B
Current Liabilities	$193.42M
Long-Term Debt	$226.99M
Long-Term Liabilities	$399.47M
Total Liabilities	$592.89M
Common Equity	$412.87M
Tangible Shareholders Equity	$232.67M
Shareholders Equity	$412.87M
Common Shares Outstanding	25.34M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$18.11M
Cash Flow from Investing Activities	$-0.78M
Cash Flow from Financial Activities	$-19.66M
Beginning Cash	$4.95M
End Cash	$2.62M
Increase/Decrease in Cash	$-2.33M
Stock-Based Compensation	$1.16M
Common Stock Dividends Paid	$-3.53M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.14
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.35
Debt to Equity Ratio	0.71
Gross Margin	58.97%
Operating Margin	2.66%
EBIT Margin	2.66%
EBITDA Margin	--
Pre-Tax Profit Margin	3.34%
Profit Margin	2.56%
Free Cash Flow	$17.93M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.33
Inventory Turnover	20.30
Receiveable Turnover	1.82
Days Sales in Receivables	49.32
Return on Equity	2.07%
Return on Tangible Equity	3.67%
Return on Assets	0.85%
Return on Investments	1.33%
Book Value Per Share	$16.29
Free Cash Flow per Share	$0.67
Operating Cash Flow per Share	$0.68

Data from Zacks Investment Research, Inc.