Covenant Logistics (CVLG) Assets Average (2011 - 2026)
Covenant Logistics (CVLG) posted quarterly Assets Average of $1.0 billion for Q1 2026, up 4.29% year-over-year from $988.8 million in Q1 2025, and little changed quarter-over-quarter from $1.0 billion in Q4 2025.
Covenant Logistics (CVLG) Assets Average (2011 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Assets Average for 16 consecutive years, with $1.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Assets Average rose 4.29% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $1.0 billion (up 4.29% YoY), while the FY2025 annual figure was $1.0 billion, up 3.12% from the prior year.
- Assets Average held at $1.0 billion in Q1 2026 per CVLG's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Assets Average topped out at $1.0 billion in Q4 2025 and bottomed at $655.9 million in Q1 2022.
- Historically, Assets Average has averaged $896.2 million across 5 years, with a median of $948.9 million in 2024.
- Annual changes were most pronounced in 2022 — Assets Average declined 0.97% — and 2024, when it climbed 21.54%.
- Covenant Logistics' Assets Average stood at $776.7 million in 2022, then grew by 18.88% to $923.3 million in 2023, then increased by 8.7% to $1.0 billion in 2024, then advanced by 3.17% to $1.0 billion in 2025, then decreased by 0.4% to $1.0 billion in 2026.
- Business Quant data shows CVLG's Assets Average at $1.0 billion in Q1 2026, $1.0 billion in Q4 2025, and $1.0 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.77 Bn | 42.49 Bn | 1.52 Bn | 5.70 Bn |
| 2 | Xpo | 23.02 Bn | 22.72 Bn | 1.89 Bn | 8.26 Bn |
| 3 | TFI International | 11.51 Bn | 11.31 Bn | - | 7.49 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.49 Bn | 11.30 Bn | 1.77 Bn | 11.98 Bn |
| 5 | Saia | 9.66 Bn | 9.58 Bn | - | 3.64 Bn |
| 6 | Schneider National | 6.22 Bn | 5.69 Bn | 1.00 Bn | 4.96 Bn |
| 7 | Rxo | 3.71 Bn | 3.70 Bn | 302.00 Mn | 3.36 Bn |
| 8 | Arcbest | 3.08 Bn | 2.91 Bn | 1.14 Bn | 2.46 Bn |
| 9 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - | 3.21 Bn |
| 10 | Covenant Logistics | 874.20 Mn | 871.59 Mn | 320.47 Mn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.01 Bn |
| Mar 31, 2026 | 1.03 Bn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 1.02 Bn |
| Jun 30, 2025 | 994.53 Mn |
| Mar 31, 2025 | 988.77 Mn |
| Dec 31, 2024 | 1.00 Bn |
| Sep 30, 2024 | 1.00 Bn |
| Jun 30, 2024 | 969.21 Mn |
| Mar 31, 2024 | 948.93 Mn |
| Dec 31, 2023 | 923.30 Mn |
| Sep 30, 2023 | 881.33 Mn |
| Jun 30, 2023 | 817.68 Mn |
| Mar 31, 2023 | 780.75 Mn |
| Dec 31, 2022 | 776.68 Mn |
| Sep 30, 2022 | 728.87 Mn |
| Jun 30, 2022 | 680.54 Mn |
| Mar 31, 2022 | 655.87 Mn |
| Dec 31, 2021 | 677.81 Mn |
| Sep 30, 2021 | 683.85 Mn |