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
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