Covenant Transportation Group provides truckload transportation and brokerage services. It offers long haul, dedicated, temperature-controlled and regional solo-driver services; long haul, regional, dedicated and intermodal temperature-controlled services; and regional solo-driver and dedicated services. The Company also provides ancillary services, including freight brokerage services and accounts receivable factoring.

TypePublic
HQChattanooga, US
Founded1986
Size (employees)4,300 (est)-2%
Websitectgcompanies.com
Covenant Transportation Group was founded in 1986 and is headquartered in Chattanooga, US
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Key People/Management at Covenant Transportation Group

Joey Hogan

Joey Hogan

President
James Heartfield

James Heartfield

General Counsel
M. Bunn

M. Bunn

Chief Accounting Officer and Treasurer
R.H. Lovin

R.H. Lovin

Executive Vice President - Administration
Richard Cribbs

Richard Cribbs

Executive Vice President and Chief Financial Officer
Rick Reinoehl

Rick Reinoehl

Senior Vice President of Risk Management
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Covenant Transportation Group Office Locations

Covenant Transportation Group has an office in Chattanooga
Chattanooga, US (HQ)
400 Birmingham Hwy
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Covenant Transportation Group Financials and Metrics

Covenant Transportation Group Revenue

Covenant Transportation Group's revenue was reported to be $705.01 m in FY, 2017
USD

Revenue (Q3, 2018)

243.3m

Net income (Q3, 2018)

11.6m

EBIT (Q3, 2018)

16.2m

Market capitalization (17-Jan-2019)

401.6m

Closing stock price (17-Jan-2019)

21.9

Cash (30-Sep-2018)

19.6m

EV

590.0m
Covenant Transportation Group's current market capitalization is $401.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

684.5m719.0m724.2m670.7m705.0m

Revenue growth, %

5%1%

Operating expense total

664.2m13.0k656.5m638.2m676.9m

EBIT

20.4m39.6m67.8m32.4m28.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

170.8m161.0m173.7m177.6m167.2m175.5m173.5m156.3m158.8m164.5m158.7m164.3m178.6m173.6m196.3m243.3m

Operating expense total

165.0m160.6m164.6m172.0m156.7m158.9m148.9m151.5m159.1m158.4m160.4m169.6m167.1m182.3m227.1m

EBIT

5.9m354.0k9.1m5.6m10.0m18.8m14.6m7.4m7.3m5.4m309.0k4.0m9.0m6.4m14.1m16.2m

EBIT margin, %

3%0%5%3%6%11%8%5%5%3%0%2%5%4%7%7%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

9.3m21.3m4.5m7.8m15.4m

Accounts Receivable

Inventories

Current Assets

123.5m156.8m172.8m135.0m162.3m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

5.2m17.8m42.1m16.8m55.4m

Depreciation and Amortization

44.5m49.0m62.0m71.6m72.4m

Inventories

Accounts Payable

(6.3m)5.6m(10.6m)(5.1m)(3.4m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

1.9m(1.4m)2.4m4.3m10.2m21.2m28.9m3.8m8.0m10.9m(39.0k)1.5m6.1m4.4m14.4m26.0m

Depreciation and Amortization

32.3m12.6m25.0m36.4m29.0m43.7m16.6m33.2m52.1m18.7m37.3m54.5m18.6m36.8m

Accounts Payable

(2.8m)(611.0k)191.0k(2.0m)(6.2m)(12.1m)(10.8m)(11.6m)(14.0m)(9.1m)(6.2m)(400.0k)(4.2m)1.6m17.7m

Cash From Operating Activities

30.0m11.2m25.1m48.6m56.9m78.6m51.5m64.4m82.1m30.7m46.3m62.8m36.7m62.6m101.6m
USDY, 2018

EV/EBIT

36.5 x

EV/CFO

5.8 x

Financial Leverage

2.3 x
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Covenant Transportation Group Company Life and Culture

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Covenant Transportation Group Frequently Asked Questions

  • When was Covenant Transportation Group founded?

    Covenant Transportation Group was founded in 1986.

  • Who are Covenant Transportation Group key executives?

    Covenant Transportation Group's key executives are Joey Hogan, James Heartfield and M. Bunn.

  • How many employees does Covenant Transportation Group have?

    Covenant Transportation Group has 4,300 employees.

  • What is Covenant Transportation Group revenue?

    Latest Covenant Transportation Group annual revenue is $705 m.

  • What is Covenant Transportation Group revenue per employee?

    Latest Covenant Transportation Group revenue per employee is $164 k.

  • Who are Covenant Transportation Group competitors?

    Competitors of Covenant Transportation Group include Rush Enterprises, Cargostore and USA Truck.

  • Where is Covenant Transportation Group headquarters?

    Covenant Transportation Group headquarters is located at 400 Birmingham Hwy, Chattanooga.

  • Where are Covenant Transportation Group offices?

    Covenant Transportation Group has an office in Chattanooga.

  • How many offices does Covenant Transportation Group have?

    Covenant Transportation Group has 1 office.