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Side-by-side financial comparison of COVENANT LOGISTICS GROUP, INC. (CVLG) and FB Financial Corp (FBK). Click either name above to swap in a different company.

COVENANT LOGISTICS GROUP, INC. is the larger business by last-quarter revenue ($307.2M vs $178.6M, roughly 1.7× FB Financial Corp). FB Financial Corp runs the higher net margin — 31.9% vs 1.4%, a 30.5% gap on every dollar of revenue. On growth, FB Financial Corp posted the faster year-over-year revenue change (37.0% vs 14.0%). Over the past eight quarters, FB Financial Corp's revenue compounded faster (28.9% CAGR vs 3.4%).

Covenant Logistics Group, Inc. is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.

Fubon Financial Holding Co., Ltd. is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank, Fubon Life, Fubon Bank (China) and Fubon Bank Limited. The holding company was setup on 19 December 2001.

CVLG vs FBK — Head-to-Head

Bigger by revenue
CVLG
CVLG
1.7× larger
CVLG
$307.2M
$178.6M
FBK
Growing faster (revenue YoY)
FBK
FBK
+22.9% gap
FBK
37.0%
14.0%
CVLG
Higher net margin
FBK
FBK
30.5% more per $
FBK
31.9%
1.4%
CVLG
Faster 2-yr revenue CAGR
FBK
FBK
Annualised
FBK
28.9%
3.4%
CVLG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVLG
CVLG
FBK
FBK
Revenue
$307.2M
$178.6M
Net Profit
$4.4M
$57.0M
Gross Margin
Operating Margin
2.0%
39.1%
Net Margin
1.4%
31.9%
Revenue YoY
14.0%
37.0%
Net Profit YoY
-32.7%
50.4%
EPS (diluted)
$0.17
$1.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVLG
CVLG
FBK
FBK
Q1 26
$307.2M
Q4 25
$295.4M
$178.6M
Q3 25
$296.9M
$173.9M
Q2 25
$302.9M
$76.9M
Q1 25
$269.4M
$130.7M
Q4 24
$277.3M
$130.4M
Q3 24
$287.9M
$89.5M
Q2 24
$287.5M
$128.2M
Net Profit
CVLG
CVLG
FBK
FBK
Q1 26
$4.4M
Q4 25
$57.0M
Q3 25
$9.1M
$23.4M
Q2 25
$9.8M
$2.9M
Q1 25
$6.6M
$39.4M
Q4 24
$37.9M
Q3 24
$13.0M
$10.2M
Q2 24
$12.2M
$40.0M
Operating Margin
CVLG
CVLG
FBK
FBK
Q1 26
2.0%
Q4 25
-8.2%
39.1%
Q3 25
2.7%
17.0%
Q2 25
3.8%
-12.7%
Q1 25
2.8%
37.4%
Q4 24
3.1%
38.4%
Q3 24
5.6%
12.7%
Q2 24
5.4%
39.7%
Net Margin
CVLG
CVLG
FBK
FBK
Q1 26
1.4%
Q4 25
31.9%
Q3 25
3.1%
13.4%
Q2 25
3.2%
3.8%
Q1 25
2.4%
30.1%
Q4 24
29.1%
Q3 24
4.5%
11.4%
Q2 24
4.2%
31.2%
EPS (diluted)
CVLG
CVLG
FBK
FBK
Q1 26
$0.17
Q4 25
$-0.68
$1.12
Q3 25
$0.35
$0.43
Q2 25
$0.36
$0.06
Q1 25
$0.24
$0.84
Q4 24
$0.25
$0.82
Q3 24
$0.47
$0.22
Q2 24
$0.44
$0.85

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVLG
CVLG
FBK
FBK
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$212.8M
Stockholders' EquityBook value
$407.6M
$1.9B
Total Assets
$1.0B
$16.3B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
$4.9M
$1.2B
Q3 25
$2.7M
$1.3B
Q2 25
$143.0K
$1.2B
Q1 25
$11.2M
$794.7M
Q4 24
$35.6M
$1.0B
Q3 24
$35.2M
$951.8M
Q2 24
$1.3M
$800.9M
Total Debt
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
$261.7M
$212.8M
Q3 25
$233.3M
$213.6M
Q2 25
$245.8M
Q1 25
$216.3M
Q4 24
$221.6M
$176.8M
Q3 24
$231.4M
Q2 24
$235.0M
Stockholders' Equity
CVLG
CVLG
FBK
FBK
Q1 26
$407.6M
Q4 25
$404.0M
$1.9B
Q3 25
$423.7M
$2.0B
Q2 25
$416.9M
$1.6B
Q1 25
$443.6M
$1.6B
Q4 24
$438.3M
$1.6B
Q3 24
$431.6M
$1.6B
Q2 24
$419.4M
$1.5B
Total Assets
CVLG
CVLG
FBK
FBK
Q1 26
$1.0B
Q4 25
$1.0B
$16.3B
Q3 25
$1.0B
$16.2B
Q2 25
$1.0B
$13.4B
Q1 25
$980.0M
$13.1B
Q4 24
$997.6M
$13.2B
Q3 24
$1.0B
$12.9B
Q2 24
$995.0M
$12.5B
Debt / Equity
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
0.65×
0.11×
Q3 25
0.55×
0.11×
Q2 25
0.59×
Q1 25
0.49×
Q4 24
0.51×
0.11×
Q3 24
0.54×
Q2 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVLG
CVLG
FBK
FBK
Operating Cash FlowLast quarter
$155.9M
Free Cash FlowOCF − Capex
$147.0M
FCF MarginFCF / Revenue
82.3%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
2.74×
TTM Free Cash FlowTrailing 4 quarters
$242.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
$25.5M
$155.9M
Q3 25
$41.4M
$47.7M
Q2 25
$21.9M
$71.8M
Q1 25
$24.8M
$-16.5M
Q4 24
$21.9M
$138.8M
Q3 24
$56.9M
$57.8M
Q2 24
$22.4M
$30.6M
Free Cash Flow
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
$-3.0M
$147.0M
Q3 25
$-7.8M
$45.6M
Q2 25
$-14.5M
$68.4M
Q1 25
$-8.6M
$-18.1M
Q4 24
$464.0K
$132.3M
Q3 24
$24.3M
$56.7M
Q2 24
$-28.1M
$28.4M
FCF Margin
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
-1.0%
82.3%
Q3 25
-2.6%
26.2%
Q2 25
-4.8%
89.0%
Q1 25
-3.2%
-13.9%
Q4 24
0.2%
101.4%
Q3 24
8.4%
63.3%
Q2 24
-9.8%
22.1%
Capex Intensity
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
9.7%
5.0%
Q3 25
16.6%
1.2%
Q2 25
12.0%
4.4%
Q1 25
12.4%
1.3%
Q4 24
7.7%
5.0%
Q3 24
11.3%
1.2%
Q2 24
17.6%
1.7%
Cash Conversion
CVLG
CVLG
FBK
FBK
Q1 26
Q4 25
2.74×
Q3 25
4.55×
2.04×
Q2 25
2.23×
24.68×
Q1 25
3.78×
-0.42×
Q4 24
3.66×
Q3 24
4.36×
5.65×
Q2 24
1.84×
0.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CVLG
CVLG

Freight revenue$281.9M92%
Other$25.2M8%

FBK
FBK

Segment breakdown not available.

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