Covenant Logistics (CVLG) Current Leases (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Current Leases of $865000.0 for Q1 2026, up 12.05% year-over-year from $772000.0 in Q1 2025, and down 92.9% quarter-over-quarter from $12.2 million in Q4 2025.
Covenant Logistics (CVLG) Current Leases (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Current Leases for 17 consecutive years, with $865000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Leases rose 12.05% year-over-year to $865000.0; the TTM figure through Mar 2026 stood at $865000.0 (up 12.05% YoY), while the FY2025 annual figure was $12.2 million, up 1522.1% from the prior year.
- Current Leases retreated to $865000.0 in Q1 2026 per CVLG's latest filing, from $12.2 million in the prior quarter.
- Across five years, Current Leases topped out at $15.3 million in Q2 2022 and bottomed at $751000.0 in Q4 2024.
- Historically, Current Leases has averaged $6.7 million across 5 years, with a median of $5.3 million in 2022.
- Annual changes were most pronounced in 2024 — Current Leases tumbled 93.29% — and 2025, when it surged 1522.1%.
- Covenant Logistics' Current Leases stood at $5.3 million in 2022, then tumbled by 85.34% to $781000.0 in 2023, then fell by 3.84% to $751000.0 in 2024, then soared by 1522.1% to $12.2 million in 2025, then sank by 92.9% to $865000.0 in 2026.
- Business Quant data shows CVLG's Current Leases at $865000.0 in Q1 2026, $12.2 million in Q4 2025, and $11.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | - |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 170.00 Mn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 113.59 Mn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 30.31 Mn |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | - |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 66.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 36.26 Mn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 46.44 Mn |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | 12.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.65 Mn |
| Mar 31, 2026 | 865,000.00 |
| Dec 31, 2025 | 12.18 Mn |
| Sep 30, 2025 | 11.27 Mn |
| Jun 30, 2025 | 1.03 Mn |
| Mar 31, 2025 | 772,000.00 |
| Dec 31, 2024 | 751,000.00 |
| Sep 30, 2024 | 985,000.00 |
| Jun 30, 2024 | 956,000.00 |
| Mar 31, 2024 | 8.96 Mn |
| Dec 31, 2023 | 781,000.00 |
| Sep 30, 2023 | 14.60 Mn |
| Jun 30, 2023 | 14.25 Mn |
| Mar 31, 2023 | 13.43 Mn |
| Dec 31, 2022 | 5.33 Mn |
| Sep 30, 2022 | 5.23 Mn |
| Jun 30, 2022 | 15.27 Mn |
| Mar 31, 2022 | 7.57 Mn |
| Dec 31, 2021 | 15.81 Mn |
| Sep 30, 2021 | 16.85 Mn |