---
schema_version: "secwatch.filing_event.v1"
accession: "0001008886-25-000016"
form_type: "8-K"
ticker: "CVLG"
cik: "0000928658"
company_name: "COVENANT LOGISTICS GROUP, INC."
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T18:06:37.827737+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Covenant Logistics Q4 2024: EPS $0.24 ($0.49 adj); net income down 47% YoY

## Summary
- Q4 GAAP EPS $0.24 vs $0.47 prior year; adjusted EPS $0.49 vs $0.55.
- Total revenue $277.3M (+1.2% YoY); freight revenue $251.1M (+4.6% YoY).
- Combined truckload operating ratio 98.8% vs 94.2%; Dedicated segment reported $3.8M operating loss.
- Net indebtedness $219.6M (33.4% of cap) vs $248.3M (38.1%) a year ago.
- 2025 net capex guidance $70-80M; TEL equity income fell to $3.0M from $4.7M.

## SEC filing metadata
- accession: 0001008886-25-000016
- form_type: 8-K
- ticker: CVLG
- cik: 0000928658
- company_name: COVENANT LOGISTICS GROUP, INC.
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928658/000100888625000016/0001008886-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928658/000100888625000016/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001008886-25-000016
- JSON: https://secwatch.observer/filing/0001008886-25-000016.json
- Plain text: https://secwatch.observer/filing/0001008886-25-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.