Covenant Logistics (CVLG) EBIT (2010 - 2026)
Covenant Logistics' (CVLG) quarterly EBIT came in at $8.8 million in Q2 2026, down 23.54% year-over-year from $11.6 million in Q2 2025, and up 40.74% quarter-over-quarter from $6.3 million in Q1 2026.
Analysis
Covenant Logistics (CVLG) EBIT (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported EBIT for 17 consecutive years, with $8.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT fell 23.54% year-over-year to $8.8 million in Q2 2026; TTM through Jun 2026 was -$1.1 million, a 101.5% decrease from a year earlier, with the FY2025 full-year figure at $2.9 million, down 93.44% from the prior year.
- EBIT was $8.8 million for Q2 2026 at Covenant Logistics, up from $6.3 million in the prior quarter.
- Over five years, EBIT peaked at $59.1 million in Q3 2022 and troughed at -$24.2 million in Q4 2025.
- A 5-year average of $15.2 million and a median of $11.8 million in 2023 frame the typical range for EBIT.
- Across the five-year window, EBIT soared 194.07% in 2022 and tumbled 78.07% in 2025, its largest moves.
- Over 5 years, EBIT stood at $10.9 million in 2022, then jumped by 30.85% to $14.3 million in 2023, then surged by 153.36% to $36.1 million in 2024, then slumped by 166.89% to -$24.2 million in 2025, then jumped by 136.56% to $8.8 million in 2026.
- The last three EBIT figures came in at $8.8 million (Q2 2026), $6.3 million (Q1 2026), and -$24.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 38.56 Bn | 38.28 Bn | 1.52 Bn | 465.30 Mn |
| 2 | Hunt J B Transport Services | 25.71 Bn | 25.71 Bn | - | 259.50 Mn |
| 3 | Xpo | 22.58 Bn | 22.28 Bn | 1.89 Bn | 271.00 Mn |
| 4 | FedEx Freight Holding Company | 19.35 Bn | 19.35 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.72 Bn | 11.54 Bn | 1.77 Bn | 104.85 Mn |
| 6 | TFI International | 11.57 Bn | 11.37 Bn | - | 220.36 Mn |
| 7 | Saia | 9.55 Bn | 9.46 Bn | - | 125.21 Mn |
| 8 | Schneider National | 6.14 Bn | 5.61 Bn | 1.00 Bn | 71.40 Mn |
| 9 | Arcbest | 3.15 Bn | 2.99 Bn | 1.14 Bn | -20.62 Mn |
| 10 | Covenant Logistics | 892.79 Mn | 890.18 Mn | 320.47 Mn | 8.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.84 Mn |
| Mar 31, 2026 | 6.28 Mn |
| Dec 31, 2025 | -24.18 Mn |
| Sep 30, 2025 | 7.93 Mn |
| Jun 30, 2025 | 11.56 Mn |
| Mar 31, 2025 | 7.63 Mn |
| Sep 30, 2024 | 36.15 Mn |
| Jun 30, 2024 | 19.91 Mn |
| Mar 31, 2024 | 4.34 Mn |
| Dec 31, 2023 | 14.27 Mn |
| Sep 30, 2023 | 15.14 Mn |
| Jun 30, 2023 | 11.78 Mn |
| Mar 31, 2023 | 17.63 Mn |
| Dec 31, 2022 | 10.90 Mn |
| Sep 30, 2022 | 59.06 Mn |
| Jun 30, 2022 | 26.87 Mn |
| Mar 31, 2022 | 23.85 Mn |
| Dec 31, 2021 | 18.24 Mn |
| Sep 30, 2021 | 20.08 Mn |
| Jun 30, 2021 | 18.33 Mn |