Covenant Logistics (CVLG) Capital Leases (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Capital Leases of $2.1 million for Q1 2026, down 29.96% YoY from $3.0 million in Q1 2025, and down 10.96% sequentially from $2.4 million in Q4 2025.
Covenant Logistics (CVLG) Capital Leases (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Capital Leases across 17 years of filings, most recently posting $2.1 million for Q1 2026.
- In Q1 2026, Capital Leases fell 29.96% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $2.1 million (down 29.96% YoY), while the FY2025 annual figure was $2.4 million, down 26.28% from the prior year.
- Capital Leases declined to $2.1 million in Q1 2026, from $2.4 million in the prior quarter.
- Over the last five years, Capital Leases for CVLG reached as high as $5.8 million in Q1 2024 and fell as low as $429000.0 in Q1 2023.
- The 5-year median for Capital Leases is $2.6 million (2025), against an average of $3.1 million.
- Annual changes were most pronounced in 2022 — Capital Leases tumbled 89.12% — and 2024, when it soared 1252.45%.
- A 5-year view of Capital Leases shows it stood at $432000.0 in 2022, then surged by 1125.93% to $5.3 million in 2023, then sank by 39.73% to $3.2 million in 2024, then decreased by 26.28% to $2.4 million in 2025, then retreated by 10.96% to $2.1 million in 2026.
- According to Business Quant data, Capital Leases over the past three periods registered $2.1 million, $2.4 million, and $2.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 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 |