Covenant Logistics (CVLG) Debt Ratio (2010 - 2026)

Covenant Logistics has disclosed Debt Ratio across 17 years of filings, most recently posting 0.25 for Q1 2026.

• In Q1 2026, Debt Ratio rose 4.92% year-over-year to 0.25; the TTM figure through Mar 2026 stood at 0.25 (up 4.92% YoY), while the FY2025 annual figure was 0.29, up 13.16% from the prior year.
• Debt Ratio slipped to 0.25 in Q1 2026, from 0.29 in the prior quarter.
• Over the last five years, Debt Ratio for CVLG reached as high as 0.29 in Q4 2025 and fell as low as 0.07 in Q1 2022.
• The 5-year median for Debt Ratio is 0.25 (2026), against an average of 0.21.
• The widest YoY moves for Debt Ratio: up 242.85% in 2022, down 39.78% in 2022.
• A 5-year view of Debt Ratio shows it stood at 0.14 in 2022, then surged by 86.81% to 0.26 in 2023, then decreased by 1.68% to 0.25 in 2024, then rose by 13.16% to 0.29 in 2025, then declined by 12.53% to 0.25 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.25, 0.29, and 0.26 for Q1 2026, Q4 2025, and Q3 2025 respectively.