Covenant Logistics Group (CVLG) vs Marten Transport (MRTN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Covenant Logistics Group (CVLG) has outperformed Marten Transport (MRTN) over the past year, gaining 48.4% versus a gain of 15.6%. Over five years, CVLG leads with a +100.6% price change compared with -18.0% for MRTN. Marten Transport is the larger company by market cap ($1.04 billion vs $830.1 million), about 1.3 times the size.
On valuation, Covenant Logistics Group trades at a lower forward P/E (12.2x vs 19.7x for Marten Transport). Marten Transport offers the higher dividend yield (1.88% vs 0.86%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVLG | MRTN |
|---|---|---|
| Share price | $32.71 | $12.79 |
| Market cap | $830.11M | $1.04B |
| 1-day change | +0.09% | +0.95% |
| YTD return | +48.41% | +12.39% |
| 1-year return | +48.41% | +15.64% |
| 5-year return | +100.55% | -17.96% |
| P/E ratio (TTM) | — | 85.27 |
| Forward P/E | 12.16 | 19.68 |
| EPS (TTM) | $0.01 | $0.15 |
| Dividend yield | 0.86% | 1.88% |
| Annual dividend | $0.28 | $0.24 |
| 52-week high | $49.88 | $18.48 |
| 52-week low | $18.00 | $9.35 |
| Distance from 52-week high | -34.42% | -30.79% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +54.39% | +32.92% |
| Average volume | 210.03K | 669.97K |
| Shares outstanding | 20.68M | 81.66M |
| Employees | 2,900 | 3,502 |
| Sector | Industrials | Industrials |
| Industry | Trucking Freight/Courier Services | Trucking Freight/Courier Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CVLG has outperformed MRTN by 32.8 percentage points over the past year.
- Marten Transport offers a meaningfully higher dividend yield (1.88% vs 0.86%).
About Covenant Logistics Group
CVLG stock →Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing.
Industrials · Trucking Freight/Courier Services · 2,900 employees
About Marten Transport
MRTN stock →Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada.
Industrials · Trucking Freight/Courier Services · 3,502 employees
CVLG vs MRTN FAQ
Which is bigger, Covenant Logistics Group or Marten Transport?
Marten Transport (MRTN) is larger, with a market capitalization of $1.04B compared with $830.11M for Covenant Logistics Group (CVLG).
Which stock has performed better over the past year, CVLG or MRTN?
CVLG returned +48.41% over the past 12 months, compared with +15.64% for MRTN (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Covenant Logistics Group or Marten Transport?
Marten Transport has the higher yield at 1.88%, compared with 0.86% for Covenant Logistics Group.
Are Covenant Logistics Group and Marten Transport in the same industry?
Yes. Both are classified in the Trucking Freight/Courier Services industry within the Industrials sector.