Covenant Logistics (CVLG) Accumulated Expenses (2010 - 2026)
Covenant Logistics' Accumulated Expenses was $47.49 million in Q2 2026, down 15.3% from $56.04 million a year earlier and down 8.7% from the prior quarter.
Covenant Logistics (CVLG) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Covenant Logistics came in at $56 million, up 9.1% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 15.0% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $51.33 million in FY2024 (-13.2%), $59.1 million in FY2023 (-49.9%), $117.86 million in FY2022 (+210.2%) and $38 million in FY2021 (+36.5%).
- The Q2 2026 figure marks the lowest quarterly Accumulated Expenses since Q1 2025.
- Compared with a year earlier, Accumulated Expenses was higher in four of the last eight quarters, with an average decline of 1.6%.
- The best year-over-year quarter for Accumulated Expenses over five years was Q4 2022 (growth of 210.2%); the worst was Q4 2023 (a decline of 49.9%).
- Per Business Quant data, CVLG's Accumulated Expenses in the three quarters before Q2 2026 was $52.03 million (Q1 2026), $56 million (Q4 2025) and $59.62 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - |
| 10 | Covenant Logistics | 795.28 Mn | 773.79 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.49 Mn |
| Mar 31, 2026 | 52.03 Mn |
| Dec 31, 2025 | 56.00 Mn |
| Sep 30, 2025 | 59.62 Mn |
| Jun 30, 2025 | 56.04 Mn |
| Mar 31, 2025 | 47.27 Mn |
| Dec 31, 2024 | 51.33 Mn |
| Sep 30, 2024 | 55.72 Mn |
| Jun 30, 2024 | 50.38 Mn |
| Mar 31, 2024 | 49.19 Mn |
| Dec 31, 2023 | 59.10 Mn |
| Sep 30, 2023 | 67.80 Mn |
| Jun 30, 2023 | 57.48 Mn |
| Mar 31, 2023 | 53.28 Mn |
| Dec 31, 2022 | 117.86 Mn |
| Sep 30, 2022 | 60.07 Mn |
| Jun 30, 2022 | 44.40 Mn |
| Mar 31, 2022 | 39.17 Mn |
| Dec 31, 2021 | 38.00 Mn |
| Sep 30, 2021 | 71.26 Mn |
Covenant Logistics Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();