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
DateValue
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