Covenant Logistics (CVLG) Change in Accrued Expenses (2010 - 2026)
Covenant Logistics' Change in Accrued Expenses came in at -$16.39 million for Q2 2026, compared with $13.37 million a year earlier.
Covenant Logistics (CVLG) Change in Accrued Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Covenant Logistics reported Change in Accrued Expenses of -$9.41 million; for FY2025, it came in at $9.32 million.
- Change in Accrued Expenses carries a five-year compound annual growth rate of -14.0% (FY2020 to FY2025).
- Going back by year, Change in Accrued Expenses was -$4.41 million in FY2024, -$9.19 million in FY2023, -$6.22 million in FY2022 and $12.93 million in FY2021 (-34.8%).
- The Q2 2026 figure represents the lowest quarterly Change in Accrued Expenses in data going back to Q3 2010.
- The fastest year-over-year change in Change in Accrued Expenses over five years came in Q3 2023 (growth of 58.6%), and the weakest in Q2 2024 (a decline of 96.8%).
- Business Quant data shows CVLG's Change in Accrued Expenses at -$1.08 million (Q1 2026), $3.09 million (Q4 2025) and $4.96 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accrued Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | -30.00 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 247.00 Mn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 1.21 Bn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | - |
| 10 | Covenant Logistics | 795.28 Mn | 773.79 Mn | - | -16.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.39 Mn |
| Mar 31, 2026 | -1.08 Mn |
| Dec 31, 2025 | 3.09 Mn |
| Sep 30, 2025 | 4.96 Mn |
| Jun 30, 2025 | 13.37 Mn |
| Mar 31, 2025 | -12.11 Mn |
| Dec 31, 2024 | -54,000.00 |
| Sep 30, 2024 | 4.02 Mn |
| Jun 30, 2024 | 166,000.00 |
| Mar 31, 2024 | -8.55 Mn |
| Dec 31, 2023 | -7.98 Mn |
| Sep 30, 2023 | 6.99 Mn |
| Jun 30, 2023 | 5.11 Mn |
| Mar 31, 2023 | -13.31 Mn |
| Dec 31, 2022 | -7.06 Mn |
| Sep 30, 2022 | 4.41 Mn |
| Jun 30, 2022 | 5.23 Mn |
| Mar 31, 2022 | -8.80 Mn |
| Dec 31, 2021 | -11.90 Mn |
| Sep 30, 2021 | 8.73 Mn |
Covenant Logistics Change in Accrued Expenses 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=change-in-accured-expenses&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "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=change-in-accured-expenses&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();