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Side-by-side financial comparison of COVENANT LOGISTICS GROUP, INC. (CVLG) and UNITIL CORP (UTL). 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 $161.5M, roughly 1.9× UNITIL CORP). UNITIL CORP runs the higher net margin — 11.8% vs 1.4%, a 10.3% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 14.0%). Over the past eight quarters, COVENANT LOGISTICS GROUP, INC.'s revenue compounded faster (3.4% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

CVLG vs UTL — Head-to-Head

Bigger by revenue
CVLG
CVLG
1.9× larger
CVLG
$307.2M
$161.5M
UTL
Growing faster (revenue YoY)
UTL
UTL
+12.6% gap
UTL
26.7%
14.0%
CVLG
Higher net margin
UTL
UTL
10.3% more per $
UTL
11.8%
1.4%
CVLG
Faster 2-yr revenue CAGR
CVLG
CVLG
Annualised
CVLG
3.4%
-4.9%
UTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVLG
CVLG
UTL
UTL
Revenue
$307.2M
$161.5M
Net Profit
$4.4M
$19.0M
Gross Margin
Operating Margin
2.0%
21.5%
Net Margin
1.4%
11.8%
Revenue YoY
14.0%
26.7%
Net Profit YoY
-32.7%
21.8%
EPS (diluted)
$0.17
$1.05

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
UTL
UTL
Q1 26
$307.2M
Q4 25
$295.4M
$161.5M
Q3 25
$296.9M
$101.1M
Q2 25
$302.9M
$102.6M
Q1 25
$269.4M
$170.8M
Q4 24
$277.3M
$127.5M
Q3 24
$287.9M
$92.9M
Q2 24
$287.5M
$95.7M
Net Profit
CVLG
CVLG
UTL
UTL
Q1 26
$4.4M
Q4 25
$19.0M
Q3 25
$9.1M
$-300.0K
Q2 25
$9.8M
$4.0M
Q1 25
$6.6M
$27.5M
Q4 24
$15.6M
Q3 24
$13.0M
$0
Q2 24
$12.2M
$4.3M
Operating Margin
CVLG
CVLG
UTL
UTL
Q1 26
2.0%
Q4 25
-8.2%
21.5%
Q3 25
2.7%
6.9%
Q2 25
3.8%
13.0%
Q1 25
2.8%
27.0%
Q4 24
3.1%
22.1%
Q3 24
5.6%
6.2%
Q2 24
5.4%
13.0%
Net Margin
CVLG
CVLG
UTL
UTL
Q1 26
1.4%
Q4 25
11.8%
Q3 25
3.1%
-0.3%
Q2 25
3.2%
3.9%
Q1 25
2.4%
16.1%
Q4 24
12.2%
Q3 24
4.5%
Q2 24
4.2%
4.5%
EPS (diluted)
CVLG
CVLG
UTL
UTL
Q1 26
$0.17
Q4 25
$-0.68
$1.05
Q3 25
$0.35
$-0.02
Q2 25
$0.36
$0.25
Q1 25
$0.24
$1.69
Q4 24
$0.25
$0.97
Q3 24
$0.47
$0.00
Q2 24
$0.44
$0.27

Balance Sheet & Financial Strength

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

Metric
CVLG
CVLG
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$407.6M
$609.6M
Total Assets
$1.0B
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
$4.9M
$15.6M
Q3 25
$2.7M
$14.6M
Q2 25
$143.0K
$8.5M
Q1 25
$11.2M
$10.2M
Q4 24
$35.6M
$6.3M
Q3 24
$35.2M
$6.3M
Q2 24
$1.3M
$2.8M
Total Debt
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
$261.7M
$670.5M
Q3 25
$233.3M
$670.5M
Q2 25
$245.8M
$640.7M
Q1 25
$216.3M
$642.1M
Q4 24
$221.6M
$643.3M
Q3 24
$231.4M
$643.3M
Q2 24
$235.0M
$511.3M
Stockholders' Equity
CVLG
CVLG
UTL
UTL
Q1 26
$407.6M
Q4 25
$404.0M
$609.6M
Q3 25
$423.7M
$597.2M
Q2 25
$416.9M
$532.8M
Q1 25
$443.6M
$534.1M
Q4 24
$438.3M
$512.5M
Q3 24
$431.6M
$502.4M
Q2 24
$419.4M
$508.8M
Total Assets
CVLG
CVLG
UTL
UTL
Q1 26
$1.0B
Q4 25
$1.0B
$2.1B
Q3 25
$1.0B
$1.9B
Q2 25
$1.0B
$1.9B
Q1 25
$980.0M
$1.9B
Q4 24
$997.6M
$1.8B
Q3 24
$1.0B
$1.7B
Q2 24
$995.0M
$1.7B
Debt / Equity
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
0.65×
1.10×
Q3 25
0.55×
1.12×
Q2 25
0.59×
1.20×
Q1 25
0.49×
1.20×
Q4 24
0.51×
1.26×
Q3 24
0.54×
1.28×
Q2 24
0.56×
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$21.4M
Free Cash FlowOCF − Capex
$-36.3M
FCF MarginFCF / Revenue
-22.5%
Capex IntensityCapex / Revenue
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
$25.5M
$21.4M
Q3 25
$41.4M
$15.6M
Q2 25
$21.9M
$42.2M
Q1 25
$24.8M
$52.1M
Q4 24
$21.9M
$23.3M
Q3 24
$56.9M
$26.1M
Q2 24
$22.4M
$49.9M
Free Cash Flow
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
$-3.0M
$-36.3M
Q3 25
$-7.8M
$-39.0M
Q2 25
$-14.5M
$2.0M
Q1 25
$-8.6M
$19.5M
Q4 24
$464.0K
$-32.3M
Q3 24
$24.3M
$-31.3M
Q2 24
$-28.1M
$13.2M
FCF Margin
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
-1.0%
-22.5%
Q3 25
-2.6%
-38.6%
Q2 25
-4.8%
1.9%
Q1 25
-3.2%
11.4%
Q4 24
0.2%
-25.3%
Q3 24
8.4%
-33.7%
Q2 24
-9.8%
13.8%
Capex Intensity
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
9.7%
35.7%
Q3 25
16.6%
54.0%
Q2 25
12.0%
39.2%
Q1 25
12.4%
19.1%
Q4 24
7.7%
43.6%
Q3 24
11.3%
61.8%
Q2 24
17.6%
38.3%
Cash Conversion
CVLG
CVLG
UTL
UTL
Q1 26
Q4 25
1.13×
Q3 25
4.55×
Q2 25
2.23×
10.55×
Q1 25
3.78×
1.89×
Q4 24
1.49×
Q3 24
4.36×
Q2 24
1.84×
11.60×

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%

UTL
UTL

Segment breakdown not available.

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