Covenant Logistics (CVLG) Current Leases (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Current Leases of $12.6 million for Q1 2026, up 18.46% YoY from $10.6 million in Q1 2025, and up 3.05% sequentially from $12.2 million in Q4 2025.
Covenant Logistics (CVLG) Current Leases (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Current Leases across 17 years of filings, most recently posting $12.6 million for Q1 2026.
- In Q1 2026, Current Leases rose 18.46% year-over-year to $12.6 million; the TTM figure through Mar 2026 stood at $12.6 million (up 18.46% YoY), while the FY2025 annual figure was $12.2 million, up 17.71% from the prior year.
- Current Leases rose to $12.6 million in Q1 2026, from $12.2 million in the prior quarter.
- Over the last five years, Current Leases for CVLG reached as high as $15.3 million in Q2 2022 and fell as low as $758000.0 in Q3 2023.
- The 5-year median for Current Leases is $10.6 million (2025), against an average of $8.3 million.
- Annual changes were most pronounced in 2023 — Current Leases slumped 94.99% — and 2024, when it soared 1348.55%.
- A 5-year view of Current Leases shows it stood at $5.3 million in 2022, then surged by 124.37% to $12.0 million in 2023, then retreated by 13.4% to $10.3 million in 2024, then grew by 17.71% to $12.2 million in 2025, then advanced by 3.05% to $12.6 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $12.6 million, $12.2 million, and $11.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 451.24 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | - |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 164.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 124.23 Mn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 29.25 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | - |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 70.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 36.83 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 48.83 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 12.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.55 Mn |
| Dec 31, 2025 | 12.18 Mn |
| Sep 30, 2025 | 11.27 Mn |
| Jun 30, 2025 | 10.80 Mn |
| Mar 31, 2025 | 10.60 Mn |
| Dec 31, 2024 | 10.35 Mn |
| Sep 30, 2024 | 10.98 Mn |
| Jun 30, 2024 | 956,000.00 |
| Mar 31, 2024 | 922,000.00 |
| Dec 31, 2023 | 11.95 Mn |
| Sep 30, 2023 | 758,000.00 |
| Jun 30, 2023 | 2.12 Mn |
| Mar 31, 2023 | 1.97 Mn |
| Dec 31, 2022 | 5.33 Mn |
| Sep 30, 2022 | 15.13 Mn |
| Jun 30, 2022 | 15.27 Mn |
| Mar 31, 2022 | 7.57 Mn |
| Dec 31, 2021 | 6.85 Mn |
| Sep 30, 2021 | 7.50 Mn |
| Jun 30, 2021 | 6.21 Mn |