Covenant Logistics (CVLG) Acquisitions (2018 - 2025)
Covenant Logistics (CVLG) posted quarterly Acquisitions of $4.6 million for Q3 2024, down 43.3% year-over-year from $8.0 million in Q4 2023, and little changed quarter-over-quarter from $4.6 million in Q2 2024.
Covenant Logistics (CVLG) Acquisitions (2018 - 2025) Analysis & Trends
Covenant Logistics (CVLG) has reported Acquisitions for 4 consecutive years, with $4.6 million the latest figure, recorded in 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 steadied 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.
- Historically, Acquisitions has averaged $17.8 million across 3 years, with a median of $4.6 million in 2024.
- Annual changes were most pronounced in 2023 — Acquisitions soared 30729.32% — and 2024, when it tumbled 95.44%.
- Covenant Logistics' Acquisitions stood at $1.2 million in 2022, then slumped by 98.98% to $12000.0 in 2023, then jumped by 37866.67% to $4.6 million in 2024.
- Business Quant data shows CVLG's Acquisitions at $4.6 million in Q3 2024, $4.6 million in Q2 2024, and $4.6 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.88 Bn | 42.60 Bn | 1.52 Bn | - |
| 2 | Xpo | 23.35 Bn | 23.05 Bn | 1.89 Bn | - |
| 3 | TFI International | 11.60 Bn | 11.39 Bn | - | -4.38 Mn |
| 4 | Knight-Swift Transportation Holdings | 11.53 Bn | 11.34 Bn | 1.77 Bn | - |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.25 Bn | 5.73 Bn | 1.00 Bn | - |
| 7 | Rxo | 3.78 Bn | 3.77 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 2.95 Bn | 1.14 Bn | - |
| 9 | Werner Enterprises | 2.33 Bn | 2.28 Bn | - | - |
| 10 | Covenant Logistics | 886.81 Mn | 884.20 Mn | 320.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 27.05 Mn |
| 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 |