Covenant Logistics Group vs Universal Logistics Holdings
Universal Logistics Holdings is the larger business, with $1.56bn of revenue in fiscal 2025 against $1.16bn for Covenant Logistics Group (1.3 times as much). Covenant Logistics Group grew faster (2.9% against -15.6%). Covenant Logistics Group kept more of each dollar of sales as profit: a net margin of 0.6% against -6.4%. Covenant Logistics Group carries less debt relative to equity (83.8% against 148.5%).
| Latest fiscal year | Covenant Logistics GroupCVLG, 2025 | Universal Logistics HoldingsULH, 2025 |
|---|---|---|
| Revenue | $1.16bn | $1.56bn |
| Revenue growth | 2.9% | -15.6% |
| Net income | $7.2m | −$99.9m |
| Operating margin | 0.3% | -4.1% |
| Net margin | 0.6% | -6.4% |
| Return on equity | 1.7% | -16.8% |
| Free cash flow | −$33.9m | −$41.1m |
| Cash | $4.9m | $26.8m |
| Total debt | $339m | $802m |
| Debt to equity | 83.8% | 148.5% |
| Dividend per share | — | $0.42 |
| Dividend yield | 0.8% | 1.5% |
| Share buybacks | $36.6m | $85,000 |
| Employees | — | 10,525 |
| Market value | $892m | $822m |
| Price vs our value range | — | — |
| Moat score | 32 (Weak) | 43 (Weak) |
| Insider trades, 12 months | 0 buys, 23 sales | 0 buys, 0 sales |