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
DateValue
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