Covenant Logistics (CVLG) Debt to Equity (2010 - 2026)
Covenant Logistics (CVLG) reported Debt to Equity of $0.62 for Q1 2026, up 18.49% year-over-year from $0.52 in Q1 2025, and down 15.69% on a QoQ basis from $0.74 in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Debt to Equity data on file, last reported at $0.62 in Q1 2026.
- Quarterly Debt to Equity rose 18.49% year-over-year to $0.62 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.62 (up 18.49% YoY) and the FY2025 annual result came in at $0.74, up 28.69% from the prior year.
- Debt to Equity slipped to $0.62 in Q1 2026 per CVLG's latest filing, from $0.74 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.74 in Q4 2025 and bottomed at $0.13 in Q1 2022.
- The 5-year median for Debt to Equity is $0.57 (2024), against an average of $0.49.
- Peak annual rise in Debt to Equity reached 288.65% in 2022, while the deepest fall reached 49.29% in 2022.
- Tracing CVLG's Debt to Equity over 5 years: stood at $0.29 in 2022, then soared by 109.22% to $0.61 in 2023, then dropped by 5.43% to $0.57 in 2024, then climbed by 28.69% to $0.74 in 2025, then retreated by 15.69% to $0.62 in 2026.
- Per Business Quant, the three latest CVLG Debt to Equity figures stand at $0.62 (Q1 2026), $0.74 (Q4 2025), and $0.63 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 0.01 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 1.77 |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 0.04 |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 0.16 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 0.13 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 0.30 |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.17 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.65 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.74 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.64 |
| Mar 31, 2025 | 0.52 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.15 |
| Mar 31, 2021 | 0.26 |
| Dec 31, 2020 | 0.19 |
| Sep 30, 2020 | 0.33 |
| Jun 30, 2020 | 0.88 |
| Mar 31, 2020 | 0.88 |
| Dec 31, 2019 | 0.73 |
| Sep 30, 2019 | 0.80 |
| Jun 30, 2019 | 0.70 |
| Mar 31, 2019 | 0.66 |
| Dec 31, 2018 | 0.57 |
| Sep 30, 2018 | 0.60 |
| Jun 30, 2018 | 0.73 |
| Mar 31, 2018 | 0.63 |
| Dec 31, 2017 | 0.64 |
| Sep 30, 2017 | 0.80 |
| Jun 30, 2017 | 0.78 |
| Mar 31, 2017 | 0.78 |
| Dec 31, 2016 | 0.82 |
| Sep 30, 2016 | 0.93 |
| Jun 30, 2016 | 0.88 |
| Mar 31, 2016 | 0.86 |
| Dec 31, 2015 | 1.18 |
| Sep 30, 2015 | 1.16 |
| Jun 30, 2015 | 0.76 |
| Mar 31, 2015 | 0.86 |
| Dec 31, 2014 | 1.12 |
| Sep 30, 2014 | 2.01 |
| Jun 30, 2014 | 2.05 |
| Mar 31, 2014 | 2.25 |
| Dec 31, 2013 | 2.21 |
| Sep 30, 2013 | 1.95 |
| Jun 30, 2013 | 1.82 |
| Mar 31, 2013 | 1.72 |
| Dec 31, 2012 | 1.70 |
| Sep 30, 2012 | 1.65 |
| Jun 30, 2012 | 1.95 |
| Mar 31, 2012 | 2.23 |
| Dec 31, 2011 | 2.60 |
| Sep 30, 2011 | 2.44 |
| Jun 30, 2011 | 2.02 |
| Dec 31, 2010 | 2.09 |