Covenant Logistics (CVLG) Common Equity (2010 - 2026)
Covenant Logistics (CVLG) reported Common Equity of $412.87 million for Q2 2026, down 1.0% from $416.87 million a year earlier but up 1.3% from the prior quarter.
Covenant Logistics (CVLG) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Covenant Logistics posted Common Equity of $404 million, down 7.8% from FY2024.
- Common Equity has a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- By year, Common Equity came in at $438.34 million in FY2024 (+8.7%), $403.42 million in FY2023 (+7.0%), $377.13 million in FY2022 (+7.8%) and $349.7 million in FY2021 (+20.3%).
- Five-year quarterly Common Equity spans a low of $329.9 million in Q3 2021 and a high of $443.64 million in Q1 2025.
- Year over year, Common Equity has now declined in each of the last five quarters, with growth averaging 1.0% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q1 2022 (growth of 21.0%); the low point was Q1 2026 (a decline of 8.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $407.61 million (Q1 2026), $404 million (Q4 2025) and $423.72 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 20.67 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 14.09 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 15.10 Bn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 33.50 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 16.25 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 31.65 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 22.51 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 4.55 Bn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 16.70 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 412.87 Mn |
Historic 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 |
Covenant Logistics Common Equity 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=common-equity&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();