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.

Type
Public
HQ
Chattanooga, US
Founded
1986
Size (employees)
4,400 (est)
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

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 Financials

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

Revenue (Q1, 2018)

173.6 m

Net income (Q1, 2018)

4.4 m

EBIT (Q1, 2018)

6.4 m

Market capitalization (22-Jun-2018)

586.2 m

Closing share price (22-Jun-2018)

32

Cash (31-Mar-2018)

38.4 m

EV

736.2 m
Covenant Transportation Group's current market capitalization is $586.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

684.5 m719 m724.2 m670.7 m705 m

Revenue growth, %

5%1%

Operating expense total

3 k13 k676.9 m

EBIT

20.4 m39.6 m67.8 m32.4 m28.2 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018

Revenue

173.7 m177.6 m167.2 m175.5 m173.5 m156.3 m158.8 m164.5 m158.7 m178.6 m173.6 m

Operating expense total

169.6 m167.1 m

EBIT

9.1 m5.6 m10 m18.8 m14.6 m7.4 m7.3 m5.4 m309 k9 m6.4 m

EBIT margin, %

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

Cash

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

Accounts Receivable

Inventories

Current Assets

123.5 m156.8 m172.8 m135 m162.3 m
Quarterly
USDQ2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018

Cash

19.4 m17.2 m23.8 m14 m3.7 m8.4 m5 m7.3 m8.3 m38.4 m

Current Assets

137.1 m124.6 m136.1 m118.4 m98.6 m108.4 m114.8 m115.3 m149.2 m171.8 m

Total Assets

471.9 m470.2 m527.5 m595.3 m569.5 m587.7 m607 m609.4 m650.3 m655.3 m

Accounts Payable

12.4 m9.6 m12 m9.3 m8.8 m10.9 m10.1 m9 m12.4 m12.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Depreciation and Amortization

44.5 m49 m62 m71.6 m72.4 m

Inventories

Accounts Payable

(6.3 m)5.6 m(10.6 m)(5.1 m)(3.4 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018

Net Income

3.8 m1.9 m10.2 m11 m7.6 m3.8 m3.6 m2.9 m(39 k)4.6 m4.4 m

Depreciation and Amortization

18.6 m

Accounts Payable

12.4 m9.6 m12 m9.3 m8.8 m10.9 m10.1 m9 m12.4 m(4.2 m)

Cash From Operating Activities

36.7 m
USDY, 2018

EV/EBIT

114.6 x

EV/CFO

20.1 x

Revenue/Employee

39.4 k

Financial Leverage

2.2 x
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