COVENANT LOGISTICS GROUP, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $670.7m $705.0m $885.5m $894.5m $838.6m $1.0b $1.2b $1.1b $1.1b $1.2b
Revenue from Contract with Customer, Including Assessed Tax $670.7m $705.0m $885.5m $894.5m $838.6m $1.0b $1.2b $1.1b $1.1b $1.2b
Operating Expenses $638.2m $676.9m $826.5m
Operating Income (Loss) $32.4m $28.2m $59.0m $16.0m ($14.0m) $67.2m $120.7m $58.8m $44.8m $2.9m
Additional Financial Items
Amortization of Intangible Assets $200k $0 $1.5m $2.9m $5.1m $4.0m $4.3m $7.5m $9.5m $10.8m
Gain (Loss) on Investments ($1.5m) ($2.0m) ($2.0m) ($1.2m) ($1.5m) ($4.9m) ($14.7m) ($9.8m)
Goodwill, Impairment Loss $10.7m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $5.6m
Income (Loss) from Continuing Operations, Per Basic Share ($1) $3 $7 $4 $1 $0
Income (Loss) from Continuing Operations, Per Diluted Share ($1) $3 $7 $4 $1 $0
Income (Loss) from Equity Method Investments $3.0m $3.4m $7.7m $7.0m $3.9m $14.8m $25.2m $21.4m $14.7m $14.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $27.2m $23.3m $58.0m $11.9m ($16.9m) $79.2m $142.8m $72.2m $45.9m $5.6m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($14.1m) $58.2m $107.9m $54.6m $35.3m $4.4m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($28.6m) $2.5m $750k $600k $600k $2.8m
Net Income (Loss) Attributable to Parent $16.8m $55.4m $42.5m $8.5m ($42.7m) $60.7m $108.7m $55.2m $35.9m $7.2m
Earnings Per Share, Basic $0.93 $3.03 $2.32 $0.46 ($2.46) $3.61 $7.24 $4.23 $1.37 $0.28
Earnings Per Share, Diluted $0.92 $3.02 $2.30 $0.45 ($2.46) $3.57 $7.00 $3.99 $1.30 $0.27
Weighted Average Number of Shares Outstanding, Basic 18.2m 18.3m 18.3m 18.4m 17.4m 16.8m 15.0m 13.0m 26.3m 25.6m
Weighted Average Number of Shares Outstanding, Diluted 18.3m 18.4m 18.5m 18.6m 17.4m 17.0m 15.5m 13.8m 27.7m 26.9m
Labor and Related Expense $234.5m $241.8m $304.4m $322.0m $315.0m $350.2m $402.3m $400.5m $423.3m $433.2m
Cost, Direct Tax and License $11.8m $13.0m $11.6m $10.9m $11.9m $13.4m $12.0m $13.8m
Fuel Costs $103.1m $103.1m $121.3m $115.3m $77.4m $103.6m $166.4m $133.3m $116.0m $112.3m
Interest Expense, Debt $8.2m $8.3m $8.7m $11.1m $6.8m $2.8m $3.1m $8.0m $13.6m $12.1m
Operating Insurance and Claims Costs, Production $32.6m $33.2m $43.3m $47.7m $53.1m $38.8m $50.5m $50.1m $59.8m $70.1m
Operating Lease, Expense $24.1m $34.4m $18.7m $21.6m
Other Cost and Expense, Operating $14.4m $14.8m $23.2m $30.4m $34.1m $29.7m $37.8m $49.4m $66.1m $59.2m
Income Tax Expense (Benefit) $10.4m ($32.1m) $15.5m $3.5m ($2.8m) $21.0m $34.9m $17.6m $10.6m $1.2m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.