Covenant Logistics (CVLG) Deferred Taxes (2010 - 2026)
Covenant Logistics (CVLG) reported Deferred Taxes of $1.2 million for Q1 2026, up 144.53% year-over-year from $482962.5 in Q1 2025, and down 77.52% on a QoQ basis from $5.3 million in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Deferred Taxes data on file, last reported at $1.2 million in Q1 2026.
- Quarterly Deferred Taxes rose 144.53% year-over-year to $1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $848000.0 (down 77.84% YoY) and the FY2025 annual result came in at $2.8 million, down 37.99% from the prior year.
- Deferred Taxes slipped to $1.2 million in Q1 2026 per CVLG's latest filing, from $5.3 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $14.6 million in Q4 2023 and bottomed at -$5.3 million in Q1 2024.
- The 5-year median for Deferred Taxes is $2.3 million (2023), against an average of $2.7 million.
- The widest annual swing landed in 2023, when Deferred Taxes jumped 808.43%; it then plunged 343.8% in 2024.
- Tracing CVLG's Deferred Taxes over 5 years: stood at $9.7 million in 2022, then soared by 49.9% to $14.6 million in 2023, then plunged by 62.77% to $5.4 million in 2024, then dropped by 3.19% to $5.3 million in 2025, then plunged by 77.52% to $1.2 million in 2026.
- Per Business Quant, the three latest CVLG Deferred Taxes figures stand at $1.2 million (Q1 2026), $5.3 million (Q3 2025), and -$2.9 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | 9.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 9.33 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 10.12 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 300,000.00 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -15.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | -12.20 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | -3.76 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -1.90 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 1.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.18 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Jun 30, 2025 | -2.93 Mn |
| Mar 31, 2025 | -2.65 Mn |
| Sep 30, 2024 | 5.43 Mn |
| Jun 30, 2024 | 6.31 Mn |
| Mar 31, 2024 | -5.26 Mn |
| Dec 31, 2023 | 14.57 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Jun 30, 2023 | 3.03 Mn |
| Mar 31, 2023 | -1.19 Mn |
| Dec 31, 2022 | 9.72 Mn |
| Sep 30, 2022 | 3.63 Mn |
| Jun 30, 2022 | -427,000.00 |
| Mar 31, 2022 | 1.05 Mn |
| Dec 31, 2021 | 5.50 Mn |
| Sep 30, 2021 | 5.64 Mn |
| Jun 30, 2021 | 2.54 Mn |
| Mar 31, 2021 | 4.74 Mn |
| Dec 31, 2020 | -7.95 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | -8.24 Mn |
| Mar 31, 2020 | -904,000.00 |
| Dec 31, 2019 | -1.18 Mn |
| Sep 30, 2019 | 1.41 Mn |
| Jun 30, 2019 | 2.78 Mn |
| Mar 31, 2019 | 442,000.00 |
| Dec 31, 2018 | 4.67 Mn |
| Sep 30, 2018 | 2.68 Mn |
| Jun 30, 2018 | 4.81 Mn |
| Mar 31, 2018 | 1.69 Mn |
| Dec 31, 2017 | -39.46 Mn |
| Sep 30, 2017 | 15.34 Mn |
| Jun 30, 2017 | -1.29 Mn |
| Mar 31, 2017 | 2.40 Mn |
| Dec 31, 2016 | 4.58 Mn |
| Sep 30, 2016 | 1.29 Mn |
| Jun 30, 2016 | 1.04 Mn |
| Mar 31, 2016 | -7.84 Mn |
| Dec 31, 2015 | 18.90 Mn |
| Sep 30, 2015 | -17,000.00 |
| Jun 30, 2015 | 153,000.00 |
| Mar 31, 2015 | 1.66 Mn |
| Dec 31, 2014 | 9.64 Mn |
| Sep 30, 2014 | 2.02 Mn |
| Jun 30, 2014 | 3.37 Mn |
| Mar 31, 2014 | -345,000.00 |
| Dec 31, 2013 | 3.46 Mn |
| Sep 30, 2013 | 2.71 Mn |
| Jun 30, 2013 | 2.41 Mn |
| Mar 31, 2013 | -362,000.00 |
| Dec 31, 2012 | 1.67 Mn |
| Sep 30, 2012 | 1.12 Mn |
| Jun 30, 2012 | 3.87 Mn |
| Mar 31, 2012 | 78,000.00 |
| Dec 31, 2011 | -366,000.00 |
| Sep 30, 2011 | -2.17 Mn |
| Jun 30, 2011 | 1.78 Mn |
| Mar 31, 2011 | -1.40 Mn |
| Dec 31, 2010 | 1.26 Mn |
| Sep 30, 2010 | 2.17 Mn |