Covenant Logistics (CVLG) Capital Leases (2010 - 2026)
Covenant Logistics (CVLG) reported Capital Leases of $2.1 million for Q1 2026, down 29.96% year-over-year from $3.0 million in Q1 2025, and down 10.96% on a QoQ basis from $2.4 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Capital Leases data on file, last reported at $2.1 million in Q1 2026.
- Quarterly Capital Leases fell 29.96% year-over-year to $2.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 million (down 29.96% YoY) and the FY2025 annual result came in at $2.4 million, down 26.28% from the prior year.
- Capital Leases eased to $2.1 million in Q1 2026 per CVLG's latest filing, from $2.4 million in the prior quarter.
- Across five years, Capital Leases topped out at $5.8 million in Q1 2024 and bottomed at $429000.0 in Q1 2023.
- The 5-year median for Capital Leases is $2.6 million (2025), against an average of $3.1 million.
- The widest annual swing landed in 2022, when Capital Leases tumbled 89.12%; it then jumped 1252.45% in 2024.
- Tracing CVLG's Capital Leases over 5 years: stood at $432000.0 in 2022, then soared by 1125.93% to $5.3 million in 2023, then sank by 39.73% to $3.2 million in 2024, then fell by 26.28% to $2.4 million in 2025, then declined by 10.96% to $2.1 million in 2026.
- Per Business Quant, the three latest CVLG Capital Leases figures stand at $2.1 million (Q1 2026), $2.4 million (Q4 2025), and $2.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.10 Mn |
| Dec 31, 2025 | 2.35 Mn |
| Sep 30, 2025 | 2.57 Mn |
| Jun 30, 2025 | 2.55 Mn |
| Mar 31, 2025 | 2.99 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Sep 30, 2024 | 5.35 Mn |
| Jun 30, 2024 | 5.57 Mn |
| Mar 31, 2024 | 5.80 Mn |
| Dec 31, 2023 | 5.30 Mn |
| Sep 30, 2023 | 5.51 Mn |
| Jun 30, 2023 | 3.27 Mn |
| Mar 31, 2023 | 429,000.00 |
| Dec 31, 2022 | 432,000.00 |
| Sep 30, 2022 | 892,000.00 |
| Jun 30, 2022 | 2.23 Mn |
| Mar 31, 2022 | 2.41 Mn |
| Dec 31, 2021 | 3.97 Mn |
| Sep 30, 2021 | 5.75 Mn |
| Jun 30, 2021 | 8.75 Mn |
| Mar 31, 2021 | 9.66 Mn |
| Dec 31, 2020 | 10.76 Mn |
| Sep 30, 2020 | 13.19 Mn |
| Jun 30, 2020 | 25.61 Mn |
| Mar 31, 2020 | 24.90 Mn |
| Dec 31, 2019 | 26.01 Mn |
| Sep 30, 2019 | 29.10 Mn |
| Jun 30, 2019 | 30.82 Mn |
| Mar 31, 2019 | 32.22 Mn |
| Dec 31, 2018 | 35.12 Mn |
| Sep 30, 2018 | 33.88 Mn |
| Jun 30, 2018 | 35.16 Mn |
| Mar 31, 2018 | 20.97 Mn |
| Dec 31, 2017 | 21.78 Mn |
| Sep 30, 2017 | 22.53 Mn |
| Jun 30, 2017 | 19.42 Mn |
| Mar 31, 2017 | 20.06 Mn |
| Dec 31, 2016 | 19.76 Mn |
| Sep 30, 2016 | 13.69 Mn |
| Jun 30, 2016 | 9.90 Mn |
| Mar 31, 2016 | 10.22 Mn |
| Dec 31, 2015 | 10.55 Mn |
| Sep 30, 2015 | 10.87 Mn |
| Jun 30, 2015 | 13.70 Mn |
| Mar 31, 2015 | 14.14 Mn |
| Dec 31, 2014 | 13.37 Mn |
| Sep 30, 2014 | 12.23 Mn |
| Jun 30, 2014 | 11.20 Mn |
| Mar 31, 2014 | 11.58 Mn |
| Dec 31, 2013 | 13.19 Mn |
| Sep 30, 2013 | 10.17 Mn |
| Jun 30, 2013 | 12.90 Mn |
| Mar 31, 2013 | 13.46 Mn |
| Dec 31, 2012 | 14.00 Mn |
| Sep 30, 2012 | 14.54 Mn |
| Jun 30, 2012 | 15.10 Mn |
| Mar 31, 2012 | 15.62 Mn |
| Dec 31, 2011 | 16.13 Mn |
| Sep 30, 2011 | 16.67 Mn |
| Jun 30, 2011 | 12.64 Mn |
| Dec 31, 2010 | 13.42 Mn |