vs

Side-by-side financial comparison of COVENANT LOGISTICS GROUP, INC. (CVLG) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

W. P. Carey Inc. is the larger business by last-quarter revenue ($444.5M vs $307.2M, roughly 1.4× COVENANT LOGISTICS GROUP, INC.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 1.4%, a 31.9% gap on every dollar of revenue. On growth, COVENANT LOGISTICS GROUP, INC. posted the faster year-over-year revenue change (14.0% vs 9.4%). Over the past eight quarters, W. P. Carey Inc.'s revenue compounded faster (6.8% 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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

CVLG vs WPC — Head-to-Head

Bigger by revenue
WPC
WPC
1.4× larger
WPC
$444.5M
$307.2M
CVLG
Growing faster (revenue YoY)
CVLG
CVLG
+4.6% gap
CVLG
14.0%
9.4%
WPC
Higher net margin
WPC
WPC
31.9% more per $
WPC
33.4%
1.4%
CVLG
Faster 2-yr revenue CAGR
WPC
WPC
Annualised
WPC
6.8%
3.4%
CVLG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CVLG
CVLG
WPC
WPC
Revenue
$307.2M
$444.5M
Net Profit
$4.4M
$148.3M
Gross Margin
Operating Margin
2.0%
34.5%
Net Margin
1.4%
33.4%
Revenue YoY
14.0%
9.4%
Net Profit YoY
-32.7%
215.4%
EPS (diluted)
$0.17

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
WPC
WPC
Q1 26
$307.2M
Q4 25
$295.4M
$444.5M
Q3 25
$296.9M
$431.3M
Q2 25
$302.9M
$430.8M
Q1 25
$269.4M
$409.9M
Q4 24
$277.3M
$406.2M
Q3 24
$287.9M
$397.4M
Q2 24
$287.5M
$389.7M
Net Profit
CVLG
CVLG
WPC
WPC
Q1 26
$4.4M
Q4 25
$148.3M
Q3 25
$9.1M
$141.0M
Q2 25
$9.8M
$51.2M
Q1 25
$6.6M
$125.8M
Q4 24
$47.0M
Q3 24
$13.0M
$111.7M
Q2 24
$12.2M
$142.9M
Operating Margin
CVLG
CVLG
WPC
WPC
Q1 26
2.0%
Q4 25
-8.2%
34.5%
Q3 25
2.7%
34.7%
Q2 25
3.8%
15.0%
Q1 25
2.8%
33.5%
Q4 24
3.1%
13.5%
Q3 24
5.6%
30.4%
Q2 24
5.4%
38.3%
Net Margin
CVLG
CVLG
WPC
WPC
Q1 26
1.4%
Q4 25
33.4%
Q3 25
3.1%
32.7%
Q2 25
3.2%
11.9%
Q1 25
2.4%
30.7%
Q4 24
11.6%
Q3 24
4.5%
28.1%
Q2 24
4.2%
36.7%
EPS (diluted)
CVLG
CVLG
WPC
WPC
Q1 26
$0.17
Q4 25
$-0.68
Q3 25
$0.35
Q2 25
$0.36
Q1 25
$0.24
Q4 24
$0.25
Q3 24
$0.47
Q2 24
$0.44

Balance Sheet & Financial Strength

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

Metric
CVLG
CVLG
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$155.3M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$407.6M
$8.1B
Total Assets
$1.0B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
$4.9M
$155.3M
Q3 25
$2.7M
$249.0M
Q2 25
$143.0K
$244.8M
Q1 25
$11.2M
$187.8M
Q4 24
$35.6M
$640.4M
Q3 24
$35.2M
$818.2M
Q2 24
$1.3M
$1.1B
Total Debt
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
$261.7M
$8.7B
Q3 25
$233.3M
$8.7B
Q2 25
$245.8M
$8.6B
Q1 25
$216.3M
$7.9B
Q4 24
$221.6M
$8.0B
Q3 24
$231.4M
$8.0B
Q2 24
$235.0M
$8.1B
Stockholders' Equity
CVLG
CVLG
WPC
WPC
Q1 26
$407.6M
Q4 25
$404.0M
$8.1B
Q3 25
$423.7M
$8.2B
Q2 25
$416.9M
$8.2B
Q1 25
$443.6M
$8.4B
Q4 24
$438.3M
$8.4B
Q3 24
$431.6M
$8.6B
Q2 24
$419.4M
$8.6B
Total Assets
CVLG
CVLG
WPC
WPC
Q1 26
$1.0B
Q4 25
$1.0B
$18.0B
Q3 25
$1.0B
$18.0B
Q2 25
$1.0B
$18.0B
Q1 25
$980.0M
$17.3B
Q4 24
$997.6M
$17.5B
Q3 24
$1.0B
$17.6B
Q2 24
$995.0M
$17.8B
Debt / Equity
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
0.65×
1.07×
Q3 25
0.55×
1.06×
Q2 25
0.59×
1.05×
Q1 25
0.49×
0.94×
Q4 24
0.51×
0.95×
Q3 24
0.54×
0.93×
Q2 24
0.56×
0.94×

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
WPC
WPC
Operating Cash FlowLast quarter
$304.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
$25.5M
$304.6M
Q3 25
$41.4M
$300.5M
Q2 25
$21.9M
$404.0M
Q1 25
$24.8M
$273.2M
Q4 24
$21.9M
$296.3M
Q3 24
$56.9M
$280.2M
Q2 24
$22.4M
$221.0M
Free Cash Flow
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
$-3.0M
Q3 25
$-7.8M
Q2 25
$-14.5M
Q1 25
$-8.6M
Q4 24
$464.0K
Q3 24
$24.3M
Q2 24
$-28.1M
FCF Margin
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
-1.0%
Q3 25
-2.6%
Q2 25
-4.8%
Q1 25
-3.2%
Q4 24
0.2%
Q3 24
8.4%
Q2 24
-9.8%
Capex Intensity
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
9.7%
Q3 25
16.6%
Q2 25
12.0%
Q1 25
12.4%
Q4 24
7.7%
Q3 24
11.3%
Q2 24
17.6%
Cash Conversion
CVLG
CVLG
WPC
WPC
Q1 26
Q4 25
2.05×
Q3 25
4.55×
2.13×
Q2 25
2.23×
7.89×
Q1 25
3.78×
2.17×
Q4 24
6.30×
Q3 24
4.36×
2.51×
Q2 24
1.84×
1.55×

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%

WPC
WPC

Segment breakdown not available.

Related Comparisons