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 $104.78M for the most recently reported fiscal quarter, ending 2025-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-06-30

Income Statement Financials
Revenue	$302.85M
Net Income	$9.84M
Cost of Goods Sold	$104.78M
Gross Profit	$198.07M
Operating Expenses	$291.29M
Operating Income	$11.56M
Non-Operating Income/Expense	$1.80M
Pre-Tax Income	$13.36M
Normalized Pre-Tax Income	$13.36M
Income after Taxes	$9.84M
Income from Continuous Operations	$9.84M
Consolidated Net Income/Loss	$9.84M
Normalized Income after Taxes	$9.84M
EBIT	$11.56M
EBITDA	$34.68M
Weighted-Average Shares Outstanding (Basic)	26.04M
Weighted-Average Shares Outstanding (Diluted)	27.23M
Earnings per Share (EPS) (Basic)	$0.38
Earnings per Share (EPS) (Diluted)	$0.36
Balance Sheet Financials
Current Assets	$196.60M
Property, Plant, and Equipment	$523.41M
Long-Term Assets	$812.50M
Total Assets	$1.01B
Current Liabilities	$179.93M
Long-Term Debt	$216.65M
Long-Term Liabilities	$412.29M
Total Liabilities	$592.22M
Common Equity	$416.87M
Tangible Shareholders Equity	$241.73M
Shareholders Equity	$416.87M
Common Shares Outstanding	25.05M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$46.74M
Cash Flow from Investing Activities	$-53.52M
Cash Flow from Financial Activities	$-28.69M
Beginning Cash	$35.62M
End Cash	$0.14M
Increase/Decrease in Cash	$-35.48M
Stock-Based Compensation	$1.93M
Common Stock Dividends Paid	$-3.65M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.09
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.34
Debt to Equity Ratio	0.65
Gross Margin	65.40%
Operating Margin	3.82%
EBIT Margin	3.82%
EBITDA Margin	--
Pre-Tax Profit Margin	4.41%
Profit Margin	3.25%
Free Cash Flow	$-6.07M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.30
Inventory Turnover	19.44
Receiveable Turnover	1.89
Days Sales in Receivables	47.68
Return on Equity	2.36%
Return on Tangible Equity	4.07%
Return on Assets	0.98%
Return on Investments	1.55%
Book Value Per Share	$16.64
Free Cash Flow per Share	$-0.22
Operating Cash Flow per Share	$1.72

Data from Zacks Investment Research, Inc.