Covenant Logistics (CVLG) Capital Leases (2010 - 2026)
Covenant Logistics (CVLG) posted Capital Leases of $2.26 million for Q2 2026, down 11.3% from $2.55 million a year earlier but up 7.8% from the prior quarter.
Covenant Logistics (CVLG) Capital Leases (2010 - 2026) Analysis & Trends
At the end of FY2025, Covenant Logistics' Capital Leases came in at $2.35 million, down 26.3% from FY2024.
- Annual Capital Leases shows a five-year compound annual growth rate of -26.2% (FY2020 to FY2025).
- In prior years, Covenant Logistics' Capital Leases was $3.19 million in FY2024 (-39.7%), $5.3 million in FY2023, $432,000 in FY2022 (-89.1%) and $3.97 million in FY2021 (-63.1%).
- Quarterly Capital Leases has run from a low of $429,000 in Q1 2023 to a high of $5.8 million in Q1 2024 over five years.
- On a year-over-year basis, Capital Leases has declined in each of the last eight quarters, with an average decline of 33.1% over the last eight quarters.
- The strongest year-over-year quarter for Capital Leases in the past five years was Q3 2023, with growth of 517.3%; the weakest was Q4 2022, with a decline of 89.1%.
- According to Business Quant data, Capital Leases for the three prior quarters was $2.1 million (Q1 2026), $2.35 million (Q4 2025) and $2.57 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - |
Historic 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 |
Covenant Logistics Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();