Company / Income Tax
COVENANT LOGISTICS GROUP, INC. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$1.2M
FY2025
5-year range
$1.2M / $34.9M
FY2021-FY2025
Trend
-88.8%
vs FY2024
Sector context
#293 of 357
Industrials
What the data says
COVENANT LOGISTICS GROUP, INC.'s income tax of $1M is lower than 82% of companies in the Industrials sector (FY2025). Income Tax has declined for 3 consecutive years, from $35M in FY2022 to $1M in FY2025.
Based on SEC 10-K filings.
$1M in FY2025 with a 3-year CAGR of -67.6%.
Improved from $18M to $1M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -67.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 18% in IndustrialsTop 18% of 357This company $1.2M Sector average $123.9M
▼
-99.0% below sector average
Key checks
Key Insights
- COVENANT LOGISTICS GROUP, INC.'s income tax has declined for 3 consecutive years.
- 3-year CAGR of -67.6%, indicating a declining trend.
- In FY2025, income tax decreased 88.8% year-over-year.
- Ranks #293 out of 357 companies in the Industrials sector.
Company context
Key Data Points
- Altman Z-Score 0.29 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2M | -88.8% |
| FY2024 | $10.6M | -39.9% |
| FY2023 | $17.6M | -49.5% |
| FY2022 | $34.9M | +66.3% |
| FY2021 | $21.0M | +847.6% |
| FY2020 | -$2.8M | -219.4% |
| FY2019 | $2.3M | -84.3% |
| FY2018 | $14.9M | +146.5% |
| FY2017 | -$32.1M | -409.5% |
| FY2016 | $10.4M | -52.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026