Growth Metrics

Covenant Logistics (CVLG) Current Leases (2010 - 2026)

Covenant Logistics (CVLG) reported Current Leases of $12.6 million for Q1 2026, up 18.46% year-over-year from $10.6 million in Q1 2025, and up 3.05% on a QoQ basis from $12.2 million in Q4 2025.

Covenant Logistics (CVLG) has 17 years of Current Leases data on file, last reported at $12.6 million in Q1 2026.

  • Quarterly Current Leases rose 18.46% year-over-year to $12.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.6 million (up 18.46% YoY) and the FY2025 annual result came in at $12.2 million, up 17.71% from the prior year.
  • Current Leases improved to $12.6 million 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 $758000.0 in Q3 2023.
  • The 5-year median for Current Leases is $10.6 million (2025), against an average of $8.3 million.
  • The widest annual swing landed in 2023, when Current Leases slumped 94.99%; it then jumped 1348.55% in 2024.
  • Tracing CVLG's Current Leases over 5 years: stood at $5.3 million in 2022, then soared by 124.37% to $12.0 million in 2023, then declined by 13.4% to $10.3 million in 2024, then advanced by 17.71% to $12.2 million in 2025, then rose by 3.05% to $12.6 million in 2026.
  • Per Business Quant, the three latest CVLG Current Leases figures stand at $12.6 million (Q1 2026), $12.2 million (Q4 2025), and $11.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn -
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 164.00 Mn
3 Saia 12.92 Bn 12.88 Bn - 29.25 Mn
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 124.23 Mn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn -
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 70.00 Mn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 36.83 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 48.83 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn -
10 Covenant Logistics 1.02 Bn 1.01 Bn 292.96 Mn 12.55 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 16.84 Mn
Dec 31, 2020 16.99 Mn
Sep 30, 2020 5.96 Mn
Jun 30, 2020 18.41 Mn
Mar 31, 2020 7.06 Mn
Dec 31, 2019 19.46 Mn
Sep 30, 2019 17.88 Mn
Jun 30, 2019 14.12 Mn
Mar 31, 2019 14.62 Mn
Dec 31, 2018 5.37 Mn
Sep 30, 2018 5.07 Mn
Jun 30, 2018 4.86 Mn
Mar 31, 2018 2.97 Mn
Dec 31, 2017 2.96 Mn
Sep 30, 2017 2.94 Mn
Jun 30, 2017 2.53 Mn
Mar 31, 2017 2.51 Mn
Dec 31, 2016 2.44 Mn
Sep 30, 2016 1.74 Mn
Jun 30, 2016 3.80 Mn
Mar 31, 2016 3.92 Mn
Dec 31, 2015 4.03 Mn
Sep 30, 2015 4.14 Mn
Jun 30, 2015 1.74 Mn
Mar 31, 2015 1.72 Mn
Dec 31, 2014 1.61 Mn
Sep 30, 2014 5.40 Mn
Jun 30, 2014 9.25 Mn
Mar 31, 2014 9.61 Mn
Dec 31, 2013 8.73 Mn
Sep 30, 2013 5.95 Mn
Jun 30, 2013 2.16 Mn
Mar 31, 2013 2.13 Mn
Dec 31, 2012 2.09 Mn
Sep 30, 2012 2.06 Mn
Jun 30, 2012 2.03 Mn
Mar 31, 2012 1.99 Mn
Dec 31, 2011 1.96 Mn
Sep 30, 2011 1.88 Mn
Jun 30, 2011 1.45 Mn
Dec 31, 2010 1.40 Mn