Covenant Logistics (CVLG) Acquisitions (2018 - 2024)

Covenant Logistics (CVLG) posted quarterly Acquisitions of $4.6 million for Q3 2024, down 43.3% YoY from $8.0 million in Q4 2023, and little changed sequentially from $4.6 million in Q2 2024.

Covenant Logistics (CVLG) Acquisitions (2018 - 2024) Analysis & Trends

Covenant Logistics has disclosed Acquisitions across 4 years of filings, most recently posting $4.6 million for Q3 2024.

  • In Q3 2024, Acquisitions fell 43.3% year-over-year to $4.6 million; the TTM figure through Sep 2025 stood at $4.6 million (down 66.7% YoY), while the FY2025 annual figure was $27.1 million, up 493.79% from the prior year.
  • Acquisitions held at $4.6 million in Q3 2024, from $4.6 million in the prior quarter.
  • Over the last five years, Acquisitions for CVLG reached as high as $99.9 million in Q2 2023 and fell as low as $12000.0 in Q4 2023.
  • The 3-year median for Acquisitions is $4.6 million (2024), against an average of $17.8 million.
  • Annual changes were most pronounced in 2023 — Acquisitions soared 30729.32% — and 2024, when it sank 95.44%.
  • A 3-year view of Acquisitions shows it stood at $1.2 million in 2022, then tumbled by 98.98% to $12000.0 in 2023, then soared by 37866.67% to $4.6 million in 2024.
  • According to Business Quant data, Acquisitions over the past three periods registered $4.6 million, $4.6 million, and $4.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn -53.00 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn -
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn -
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn -
5 Saia 11.19 Bn 11.15 Bn - -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn -
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn -
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn -
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 184.76 Mn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 4.56 Mn
Jun 30, 2024 4.56 Mn
Mar 31, 2024 4.56 Mn
Dec 31, 2023 12,000.00
Sep 30, 2023 8.04 Mn
Jun 30, 2023 99.89 Mn
Sep 30, 2022 1.18 Mn
Jun 30, 2022 324,000.00
Mar 31, 2022 37.00 Mn
Dec 31, 2018 -114,000.00