Growth Metrics

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 🔒
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
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