Company / Total Debt
COVENANT LOGISTICS GROUP, INC. Total Debt History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$234.0M
FY2025
5-year range
$20.3M / $234.0M
FY2021-FY2025
Trend
+25.1%
vs FY2024
Sector context
#214 of 257
Industrials
What the data says
COVENANT LOGISTICS GROUP, INC.'s total debt of $234M is lower than 83% of companies in the Industrials sector (FY2025). Total Debt has fluctuated over the past 10 years, ranging from $20M in FY2021 to $234M in FY2025.
Based on SEC 10-K filings.
$234M in FY2025 with a 5-year CAGR of +37.3%.
Increased from $197M to $234M over the past 2 years.
Industrials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +37.3%
- 5-Year CAGR
- +37.3%
- 10-Year CAGR
- -
Sector benchmark
Top 17% in IndustrialsTop 17% of 257This company $234.0M Sector average $3.2B
▼
-92.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +37.3%, indicating consistent growth.
- In FY2025, total debt increased 25.1% year-over-year.
- Ranks #214 out of 257 companies in the Industrials sector.
- Lowest total debt in the period was in FY2021.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $234.0M | +25.1% |
| FY2024 | $187.1M | -5.0% |
| FY2023 | $196.9M | +117.9% |
| FY2022 | $90.4M | +344.1% |
| FY2021 | $20.3M | -57.5% |
| FY2020 | $47.9M | -76.1% |
| FY2019 | $200.2M | +20.1% |
| FY2018 | $166.6M | +1.3% |
| FY2017 | $164.5M | -2.5% |
| FY2016 | $168.7M | -14.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026