Growth Metrics

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 🔒
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