Covenant Logistics Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	1,104	1,217	1,046	838.56	885.39	Upgrade
Revenue Growth (YoY)	-9.31%	16.33%	24.74%	-5.29%	0.56%	Upgrade
Cost of Revenue	882.84	985.29	855.74	675.16	712.99	Upgrade
Gross Profit	220.74	231.57	190.26	163.4	172.4	Upgrade
Selling, General & Admin	54.46	43.15	34.23	40.04	37.06	Upgrade
Other Operating Expenses	107.46	67.74	88.87	137.39	126.57	Upgrade
Operating Expenses	161.91	110.88	123.1	177.43	163.63	Upgrade
Operating Income	58.82	120.68	67.16	-14.03	8.77	Upgrade
Interest Expense / Income	7.97	3.08	2.79	6.84	8.22	Upgrade
Other Expense / Income	-21.98	-25.94	-17.32	24.65	-10.28	Upgrade
Pretax Income	72.84	143.54	81.69	-45.52	10.83	Upgrade
Income Tax	17.61	34.86	20.96	-2.8	2.35	Upgrade
Net Income	55.23	108.68	60.73	-42.72	8.48	Upgrade
Net Income Growth	-49.18%	78.96%	-	-	-80.06%	Upgrade
Shares Outstanding (Basic)	13	15	17	17	18	Upgrade
Shares Outstanding (Diluted)	14	16	17	17	19	Upgrade
Shares Change	-10.89%	-8.79%	-1.95%	-6.85%	0.90%	Upgrade
EPS (Basic)	4.23	7.24	3.61	-2.46	0.46	Upgrade
EPS (Diluted)	3.99	7.00	3.57	-2.46	0.45	Upgrade
EPS Growth	-43.00%	96.08%	-	-	-80.43%	Upgrade
Free Cash Flow	-40.94	111.76	82.07	91.27	-27.63	Upgrade
Free Cash Flow Per Share	-3.14	7.45	4.88	5.26	-1.50	Upgrade
Dividend Per Share	0.440	0.285	-	-	-	Upgrade
Dividend Growth	54.39%	-	-	-	-	Upgrade
Gross Margin	20.00%	19.03%	18.19%	19.49%	19.47%	Upgrade
Operating Margin	5.33%	9.92%	6.42%	-1.67%	0.99%	Upgrade
Profit Margin	5.00%	8.93%	5.81%	-5.09%	0.96%	Upgrade
Free Cash Flow Margin	-3.71%	9.18%	7.85%	10.88%	-3.12%	Upgrade
Effective Tax Rate	24.18%	24.29%	25.66%	-	21.70%	Upgrade
EBITDA	150.75	204.14	138.37	26.8	99.57	Upgrade
EBITDA Margin	13.66%	16.78%	13.23%	3.20%	11.25%	Upgrade
Depreciation & Amortization	69.94	57.51	53.88	65.48	80.53	Upgrade
EBIT	80.81	146.63	84.48	-38.68	19.04	Upgrade
EBIT Margin	7.32%	12.05%	8.08%	-4.61%	2.15%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).