Covenant Logistics (CVLG) Common Equity (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Common Equity of $407.6 million for Q1 2026, down 8.12% year-over-year from $443.6 million in Q1 2025, and up 0.89% quarter-over-quarter from $404.0 million in Q4 2025.
Covenant Logistics (CVLG) Common Equity (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Common Equity for 17 consecutive years, with $407.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Common Equity fell 8.12% year-over-year to $407.6 million; the TTM figure through Mar 2026 stood at $407.6 million (down 8.12% YoY), while the FY2025 annual figure was $404.0 million, down 7.84% from the prior year.
- Common Equity grew to $407.6 million in Q1 2026 per CVLG's latest filing, from $404.0 million in the prior quarter.
- Across five years, Common Equity topped out at $443.6 million in Q1 2025 and bottomed at $356.0 million in Q2 2022.
- Historically, Common Equity has averaged $400.8 million across 5 years, with a median of $404.0 million in 2025.
- Annual changes were most pronounced in 2022 — Common Equity advanced 20.98% — and 2026, when it declined 8.12%.
- Covenant Logistics' Common Equity stood at $377.1 million in 2022, then rose by 6.97% to $403.4 million in 2023, then increased by 8.66% to $438.3 million in 2024, then retreated by 7.84% to $404.0 million in 2025, then gained by 0.89% to $407.6 million in 2026.
- Business Quant data shows CVLG's Common Equity at $407.6 million in Q1 2026, $404.0 million in Q4 2025, and $423.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 43.00 Bn | 42.71 Bn | 1.52 Bn | 4.55 Bn |
| 2 | Xpo | 23.30 Bn | 23.01 Bn | 1.89 Bn | 1.96 Bn |
| 3 | TFI International | 11.62 Bn | 11.41 Bn | - | 2.74 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.58 Bn | 11.39 Bn | 1.77 Bn | 6.99 Bn |
| 5 | Saia | 9.71 Bn | 9.63 Bn | - | 2.73 Bn |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 3.06 Bn |
| 7 | Rxo | 3.80 Bn | 3.79 Bn | 302.00 Mn | 1.51 Bn |
| 8 | Arcbest | 3.12 Bn | 2.96 Bn | 1.14 Bn | 1.27 Bn |
| 9 | Werner Enterprises | 2.34 Bn | 2.28 Bn | - | 1.36 Bn |
| 10 | Covenant Logistics | 892.48 Mn | 889.87 Mn | 320.47 Mn | 412.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 412.87 Mn |
| Mar 31, 2026 | 407.61 Mn |
| Dec 31, 2025 | 404.00 Mn |
| Sep 30, 2025 | 423.72 Mn |
| Jun 30, 2025 | 416.87 Mn |
| Mar 31, 2025 | 443.64 Mn |
| Dec 31, 2024 | 438.34 Mn |
| Sep 30, 2024 | 431.55 Mn |
| Jun 30, 2024 | 419.37 Mn |
| Mar 31, 2024 | 407.25 Mn |
| Dec 31, 2023 | 403.42 Mn |
| Sep 30, 2023 | 394.02 Mn |
| Jun 30, 2023 | 379.66 Mn |
| Mar 31, 2023 | 371.16 Mn |
| Dec 31, 2022 | 377.13 Mn |
| Sep 30, 2022 | 380.11 Mn |
| Jun 30, 2022 | 356.03 Mn |
| Mar 31, 2022 | 358.88 Mn |
| Dec 31, 2021 | 349.70 Mn |
| Sep 30, 2021 | 329.90 Mn |