Covenant Logistics (CVLG) Acquisitions (2018 - 2024)
Covenant Logistics (CVLG) reported Acquisitions of $4.6 million for Q3 2024, down 43.3% year-over-year from $8.0 million in Q4 2023, and little changed on a QoQ basis from $4.6 million in Q2 2024.
Covenant Logistics (CVLG) has 4 years of Acquisitions data on file, last reported at $4.6 million in Q3 2024.
- Quarterly Acquisitions fell 43.3% year-over-year to $4.6 million in Q3 2024, while the trailing twelve-month figure through Sep 2025 was $4.6 million (down 66.7% YoY) and the FY2025 annual result came in at $27.1 million, up 493.79% from the prior year.
- Acquisitions held at $4.6 million in Q3 2024 per CVLG's latest filing, from $4.6 million in the prior quarter.
- Across five years, Acquisitions topped out at $99.9 million in Q2 2023 and bottomed at $12000.0 in Q4 2023.
- The 3-year median for Acquisitions is $4.6 million (2024), against an average of $17.8 million.
- The widest annual swing landed in 2023, when Acquisitions jumped 30729.32%; it then sank 95.44% in 2024.
- Tracing CVLG's Acquisitions over 3 years: stood at $1.2 million in 2022, then tumbled by 98.98% to $12000.0 in 2023, then jumped by 37866.67% to $4.6 million in 2024.
- Per Business Quant, the three latest CVLG Acquisitions figures stand at $4.6 million (Q3 2024), $4.6 million (Q2 2024), and $4.6 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | - |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | - |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | - |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | - |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | - |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 184.76 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |