Growth Metrics

Covenant Logistics (CVLG) Capital Expenditures (2010 - 2026)

Covenant Logistics (CVLG) reported Capital Expenditures of $530000.0 for Q1 2026, down 69.33% year-over-year from $1.7 million in Q1 2025, and down 99.55% on a QoQ basis from $119.0 million in Q3 2025.

Covenant Logistics (CVLG) has 17 years of Capital Expenditures data on file, last reported at $530000.0 in Q1 2026.

  • Quarterly Capital Expenditures fell 69.33% year-over-year to $530000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $191.2 million (down 31.84% YoY) and the FY2025 annual result came in at $147.6 million, down 3.53% from the prior year.
  • Capital Expenditures retreated to $530000.0 in Q1 2026 per CVLG's latest filing, from $119.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $131.5 million in Q3 2024 and bottomed at $530000.0 in Q1 2026.
  • The 5-year median for Capital Expenditures is $42.8 million (2023), against an average of $52.5 million.
  • The widest annual swing landed in 2022, when Capital Expenditures surged 332.29%; it then plunged 96.43% in 2025.
  • Tracing CVLG's Capital Expenditures over 5 years: stood at $39.1 million in 2022, then surged by 170.25% to $105.6 million in 2023, then increased by 24.57% to $131.5 million in 2024, then slipped by 9.47% to $119.0 million in 2025, then plunged by 99.55% to $530000.0 in 2026.
  • Per Business Quant, the three latest CVLG Capital Expenditures figures stand at $530000.0 (Q1 2026), $119.0 million (Q3 2025), and $69.9 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn 62.57 Mn
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 111.00 Mn
3 Saia 12.92 Bn 12.88 Bn - 66.12 Mn
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 130.04 Mn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 37.70 Mn
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 17.00 Mn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 9.76 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 2.67 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn -415,000.00
10 Covenant Logistics 1.02 Bn 1.01 Bn 292.96 Mn 530,000.00

Historic Data

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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
Mar 31, 2023 16.22 Mn
Mar 31, 2023 16.22 Mn
Dec 31, 2022 39.06 Mn
Dec 31, 2022 39.06 Mn
Sep 30, 2022 33.85 Mn
Sep 30, 2022 33.85 Mn
Jun 30, 2022 18.87 Mn
Jun 30, 2022 18.87 Mn
Mar 31, 2022 8.69 Mn
Mar 31, 2022 8.69 Mn
Dec 31, 2021 13.48 Mn
Dec 31, 2021 13.48 Mn
Sep 30, 2021 7.83 Mn
Sep 30, 2021 7.83 Mn
Jun 30, 2021 10.06 Mn
Jun 30, 2021 10.06 Mn
Mar 31, 2021 3.91 Mn
Mar 31, 2021 3.91 Mn
Dec 31, 2020 30.44 Mn
Dec 31, 2020 30.44 Mn
Sep 30, 2020 16.62 Mn
Sep 30, 2020 16.62 Mn
Jun 30, 2020 11.75 Mn
Jun 30, 2020 11.75 Mn
Mar 31, 2020 35.24 Mn
Mar 31, 2020 35.24 Mn
Dec 31, 2019 8.87 Mn
Dec 31, 2019 8.87 Mn
Sep 30, 2019 50.28 Mn
Sep 30, 2019 50.28 Mn
Jun 30, 2019 41.20 Mn
Jun 30, 2019 41.20 Mn
Mar 31, 2019 37.93 Mn
Mar 31, 2019 37.93 Mn
Dec 31, 2018 30.61 Mn
Dec 31, 2018 30.61 Mn
Sep 30, 2018 12.76 Mn
Sep 30, 2018 12.76 Mn
Jun 30, 2018 -389,000.00
Jun 30, 2018 -389,000.00
Mar 31, 2018 32.16 Mn
Mar 31, 2018 32.16 Mn
Dec 31, 2017 20.89 Mn
Dec 31, 2017 20.89 Mn
Sep 30, 2017 39.74 Mn
Sep 30, 2017 39.74 Mn
Jun 30, 2017 27.67 Mn
Jun 30, 2017 27.67 Mn
Mar 31, 2017 22.51 Mn
Mar 31, 2017 22.51 Mn
Dec 31, 2016 11.87 Mn
Dec 31, 2016 11.87 Mn
Sep 30, 2016 40.25 Mn
Sep 30, 2016 40.25 Mn
Jun 30, 2016 43.28 Mn
Jun 30, 2016 43.28 Mn
Mar 31, 2016 17.39 Mn
Mar 31, 2016 17.39 Mn
Dec 31, 2015 36.35 Mn
Dec 31, 2015 36.35 Mn
Sep 30, 2015 108.48 Mn
Sep 30, 2015 108.48 Mn
Jun 30, 2015 18.87 Mn
Jun 30, 2015 18.87 Mn
Mar 31, 2015 18.26 Mn
Mar 31, 2015 18.26 Mn
Dec 31, 2014 70.26 Mn
Dec 31, 2014 70.26 Mn
Sep 30, 2014 34.00 Mn
Sep 30, 2014 34.00 Mn
Jun 30, 2014 41.67 Mn
Jun 30, 2014 41.67 Mn
Mar 31, 2014 17.74 Mn
Mar 31, 2014 17.74 Mn
Dec 31, 2013 53.55 Mn
Dec 31, 2013 53.55 Mn
Sep 30, 2013 37.73 Mn
Sep 30, 2013 37.73 Mn
Jun 30, 2013 29.18 Mn
Jun 30, 2013 29.18 Mn
Mar 31, 2013 15.43 Mn
Mar 31, 2013 15.43 Mn
Dec 31, 2012 21.01 Mn
Dec 31, 2012 21.01 Mn
Sep 30, 2012 9.84 Mn
Sep 30, 2012 9.84 Mn
Jun 30, 2012 4.01 Mn
Jun 30, 2012 4.01 Mn
Mar 31, 2012 6.93 Mn
Mar 31, 2012 6.93 Mn
Dec 31, 2011 27.58 Mn
Dec 31, 2011 27.58 Mn
Sep 30, 2011 42.25 Mn
Sep 30, 2011 42.25 Mn
Jun 30, 2011 22.18 Mn
Jun 30, 2011 22.18 Mn
Mar 31, 2011 22.79 Mn
Mar 31, 2011 22.79 Mn
Dec 31, 2010 15.51 Mn
Dec 31, 2010 15.51 Mn
Sep 30, 2010 48.28 Mn
Sep 30, 2010 48.28 Mn