Covenant Logistics (CVLG) Capital Leases (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly 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% quarter-over-quarter from $2.4 million in Q4 2025.
Covenant Logistics (CVLG) Capital Leases (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Capital Leases for 17 consecutive years, with $2.1 million the latest figure, recorded in 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 fell 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.
- Historically, Capital Leases has averaged $3.1 million across 5 years, with a median of $2.6 million in 2025.
- Annual changes were most pronounced in 2022 — Capital Leases sank 89.12% — and 2024, when it soared 1252.45%.
- Covenant Logistics' Capital Leases stood at $432000.0 in 2022, then soared by 1125.93% to $5.3 million in 2023, then plunged by 39.73% to $3.2 million in 2024, then slipped by 26.28% to $2.4 million in 2025, then decreased by 10.96% to $2.1 million in 2026.
- Business Quant data shows CVLG's Capital Leases at $2.1 million in Q1 2026, $2.4 million in Q4 2025, and $2.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.26 Mn |
| 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 |