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Covenant Logistics Group's quarterly market cap
increased
from Sep. 2025 ($543 Mil) to Dec. 2025 ($553 Mil) and
increased
from Dec. 2025 ($553 Mil) to Mar. 2026 ($681 Mil).
Covenant Logistics Group's annual market cap
increased
from Dec. 2023 ($602 Mil) to Dec. 2024 ($722 Mil) but then
declined
from Dec. 2024 ($722 Mil) to Dec. 2025 ($553 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Covenant Logistics Group's Enterprise Value for Today is $1,457 Mil.
Covenant Logistics Group (NYSE:CVLG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Covenant Logistics Group Market Cap Related Terms
Covenant Logistics Group Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Trucking subindustry, Covenant Logistics Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Covenant Logistics Group Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Covenant Logistics Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Covenant Logistics Group's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Covenant Logistics Group's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Covenant Logistics Group (CVLG) has a Market Cap of $1,177 Mil as of Jul. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Covenant Logistics Group and its competitors. According to the industry distribution chart, Covenant Logistics Group ranks #277 out of 1031 companies in the Transportation industry, placing it in the top 26.9%.
Is Covenant Logistics Group's Market Cap too high?
Covenant Logistics Group's current Market Cap is $1,177 Mil. The Transportation industry median Market Cap is 261.22. Covenant Logistics Group's value of $1,177 Mil is 350.6% above this industry median. Based on the distribution chart, Covenant Logistics Group ranks #277 out of 1031 companies in the Transportation industry, which is above the industry midpoint. Overall, Covenant Logistics Group has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covenant Logistics Group's Market Cap compare to HTLD and MRTN?
According to the Transportation industry distribution chart, Covenant Logistics Group ranks #277 out of 1031 companies for Market Cap. This puts Covenant Logistics Group in the upper half of its industry. The industry median Market Cap is 261.22. Covenant Logistics Group's value of $1,177 Mil is 350.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 261.22, based on 1,031 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Covenant Logistics Group's current Market Cap of $1,177 Mil is 350.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Covenant Logistics Group and its competitors. For the Transportation industry, the median Market Cap is 261.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covenant Logistics Group's current Market Cap is $1,177 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covenant Logistics Group stock overvalued right now?
Based on GuruFocus' analysis, Covenant Logistics Group (CVLG) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.29, compared to a current price of $46.75 — trading 71.3% above its estimated fair value. The current Market Cap is $1,177 Mil and 350.6% above the Transportation industry median of 261.22. Covenant Logistics Group's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Covenant Logistics Group (CVLG), the current Market Cap is $1,177 Mil as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Covenant Logistics Group (CVLG) Overvalued in 2026?
Based on GuruFocus' analysis, Covenant Logistics Group stock appears to be overvalued.
The current stock price of $46.75 is trading 71.3% above its estimated GF Value™ of $27.29.
GuruFocus considers Covenant Logistics Group to be Significantly Overvalued.
Key valuation signals for CVLG:
Market Cap: $1,177 Mil
GF Value™: $27.29 vs. price of $46.75 (71.3% above fair value)
Industry Position: 350.6% above the Transportation median (#277 of 1031)
No single metric tells the full story. See the CVLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covenant Logistics Group Inc together with its wholly-owned subsidiaries, offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight, and Warehousing. The expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. The Managed Freight segment includes brokerage services and TMS. The warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function.
68GF Score
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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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