OverviewSuggest Edit

Covenant Transport (Covenant Transportation Group) is a service provider specializing in expedited, dry van freight transportation. It offers long haul, dedicated, temperature-controlled and regional solo-driver services, intermodal temperature-controlled services, regional solo-driver and dedicated services. The Company provides truckload for-hire and dedicated contract transportation.

TypePublic
Founded1986
HQChattanooga, TN, US
Websitecovenantlogistics.com
Employee Ratings3.4
Overall CultureD

Locations

Covenant Transport is headquartered in
Chattanooga, United States

Location Map

Latest Updates

Employees (est.) (Dec 2018)5,500(+28%)
Job Openings344
Revenue (FY, 2020)$838.6 M(-6%)
Share Price (Jan 2021)$15.1(-3%)
Cybersecurity ratingCMore
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Covenant Transport Office Locations

Covenant Transport has an office in Chattanooga
Chattanooga, TN, US (HQ)
205 Manufacturers Rd #200
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Covenant Transport Financials and Metrics

Covenant Transport Revenue

Covenant Transport's revenue was reported to be $838.56 m in FY, 2020
USD

Revenue (Q1, 2021)

220.9m

Net income (Q1, 2021)

11.1m

EBIT (Q1, 2021)

10.5m

Market capitalization (28-Jan-2021)

238.4m

Closing stock price (28-Jan-2021)

15.1

Cash (31-Mar-2021)

4.8m

EV

355.5m
Covenant Transport's current market capitalization is $238.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

652.6m674.3m684.5m719.0m724.2m670.7m705.0m885.5m894.5m838.6m

Operating expense total

15.6m16.1m16.0m17.0m14.0m14.4m14.8m23.2m30.4m34.1m

Depreciation and amortization

65.5m

EBIT

(1.1m)23.2m20.4m39.6m67.8m32.4m28.2m59.0m16.0m(14.0m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

172.9m161.4m157.0m171.3m168.4m164.7m172.5m170.8m161.0m173.7m177.6m167.2m156.3m158.8m164.5m158.7m164.3m178.6m173.6m196.3m243.3m219.2m219.3m222.9m213.6m191.7m210.8m220.9m

Operating expense total

4.0m3.6m3.8m3.8m4.0m3.9m4.4m3.9m3.8m4.5m4.0m3.7m3.1m3.7m3.4m3.7m3.5m3.7m4.1m6.4m6.4m6.7m7.3m7.7m8.6m11.5m7.7m8.2m

Depreciation and amortization

19.7m13.4m14.1m

EBIT

7.2m(9.8m)2.4m11.1m4.6m(715.0k)6.4m5.9m354.0k9.1m5.6m10.0m7.4m7.3m5.4m309.0k4.0m9.0m6.4m14.1m16.2m5.4m8.8m(1.9m)708.0k(28.9m)6.8m10.5m
USDQ2, 2011

Debt/Equity

2 x

Debt/Assets

0.5 x

Financial Leverage

4.2 x
Show all financial metrics

Covenant Transport Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Drivers

3.6 k3.6 k3.6 k

Tractors

2.67 k2.72 k2.7 k2.72 k2.66 k2.61 k2.59 k2.58 k2.54 k2.57 k2.58 k

Trailers

6.72 k6.69 k6.67 k6.6 k6.98 k6.9 k6.79 k7.09 k7.39 k7.41 k7.27 k

Trucks Provided

2.7 k2.7 k2.55 k
Show all operating metrics

Covenant Transport Acquisitions / Subsidiaries

Company NameDateDeal Size
LandairJuly 09, 2018$83 m

Covenant Transport Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Covenant Transport Online and Social Media Presence

Embed Graph

Covenant Transport Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    C

    70/100

  • Compensation

    D-

    50/100

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Covenant Transport Frequently Asked Questions

  • When was Covenant Transport founded?

    Covenant Transport was founded in 1986.

  • How many employees does Covenant Transport have?

    Covenant Transport has 5,500 employees.

  • What is Covenant Transport revenue?

    Latest Covenant Transport annual revenue is $838.6 m.

  • What is Covenant Transport revenue per employee?

    Latest Covenant Transport revenue per employee is $152.5 k.

  • Who are Covenant Transport competitors?

    Competitors of Covenant Transport include Marten Transport, Rush Enterprises and Landstar System.

  • Where is Covenant Transport headquarters?

    Covenant Transport headquarters is located at 205 Manufacturers Rd #200, Chattanooga.

  • Where are Covenant Transport offices?

    Covenant Transport has an office in Chattanooga.

  • How many offices does Covenant Transport have?

    Covenant Transport has 1 office.