Covenant Logistics (CVLG) Assets Average (2011 - 2026)
Covenant Logistics (CVLG) posted quarterly Assets Average of $1.0 billion for Q1 2026, up 4.29% YoY from $988.8 million in Q1 2025, and little changed sequentially from $1.0 billion in Q4 2025.
Covenant Logistics (CVLG) Assets Average (2011 - 2026) Analysis & Trends
Covenant Logistics has disclosed Assets Average across 16 years of filings, most recently posting $1.0 billion for 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 was little changed at $1.0 billion in Q1 2026, from $1.0 billion in the prior quarter.
- Over the last five years, Assets Average for CVLG reached as high as $1.0 billion in Q4 2025 and fell as low as $655.9 million in Q1 2022.
- The 5-year median for Assets Average is $948.9 million (2024), against an average of $896.2 million.
- Annual changes were most pronounced in 2022 — Assets Average declined 0.97% — and 2024, when it climbed 21.54%.
- A 5-year view of Assets Average shows it stood at $776.7 million in 2022, then climbed by 18.88% to $923.3 million in 2023, then grew by 8.7% to $1.0 billion in 2024, then gained by 3.17% to $1.0 billion in 2025, then retreated by 0.4% to $1.0 billion in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $1.0 billion, $1.0 billion, and $1.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 7.50 Bn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 5.56 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 8.19 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 11.95 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 3.52 Bn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 4.88 Bn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 3.27 Bn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 2.46 Bn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 3.07 Bn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 1.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 655.83 Mn |