Covenant Logistics (CVLG) Capital Expenditures (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Capital Expenditures of $530000.0 for Q1 2026, down 69.33% YoY from $1.7 million in Q1 2025, and down 99.55% sequentially from $119.0 million in Q3 2025.
Covenant Logistics (CVLG) Capital Expenditures (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Capital Expenditures across 17 years of filings, most recently posting $530000.0 for Q1 2026.
- In Q1 2026, Capital Expenditures fell 69.33% year-over-year to $530000.0; the TTM figure through Mar 2026 stood at $191.2 million (down 31.84% YoY), while the FY2025 annual figure was $147.6 million, down 3.53% from the prior year.
- Capital Expenditures slipped to $530000.0 in Q1 2026, from $119.0 million in the prior quarter.
- Over the last five years, Capital Expenditures for CVLG reached as high as $131.5 million in Q3 2024 and fell as low as $530000.0 in Q1 2026.
- The 5-year median for Capital Expenditures is $42.8 million (2023), against an average of $52.5 million.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 332.29% — and 2025, when it plunged 96.43%.
- A 5-year view of Capital Expenditures shows it stood at $39.1 million in 2022, then jumped by 170.25% to $105.6 million in 2023, then gained by 24.57% to $131.5 million in 2024, then declined by 9.47% to $119.0 million in 2025, then plunged by 99.55% to $530000.0 in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $530000.0, $119.0 million, and $69.9 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | -26.11 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 62.57 Mn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 111.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 130.04 Mn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 66.12 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 37.70 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 9.76 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 2.67 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 530,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 530,000.00 |
| Mar 31, 2026 | 530,000.00 |
| Sep 30, 2025 | 119.04 Mn |
| Sep 30, 2025 | 119.04 Mn |
| Jun 30, 2025 | 69.86 Mn |
| Jun 30, 2025 | 69.86 Mn |
| Mar 31, 2025 | 1.73 Mn |
| Mar 31, 2025 | 1.73 Mn |
| Sep 30, 2024 | 131.49 Mn |
| Sep 30, 2024 | 131.49 Mn |
| Jun 30, 2024 | 98.90 Mn |
| Jun 30, 2024 | 98.90 Mn |
| Mar 31, 2024 | 48.36 Mn |
| Mar 31, 2024 | 48.36 Mn |
| Dec 31, 2023 | 105.56 Mn |
| Dec 31, 2023 | 105.56 Mn |
| Sep 30, 2023 | 52.98 Mn |
| Sep 30, 2023 | 52.98 Mn |
| Jun 30, 2023 | 42.85 Mn |
| Jun 30, 2023 | 42.85 Mn |