Covenant Logistics (CVLG) EBIT (2010 - 2026)
Covenant Logistics (CVLG) recorded EBIT of $8.84 million in Q2 2026, down 23.5% from $11.56 million a year earlier but up 40.7% from the prior quarter.
Covenant Logistics (CVLG) EBIT (2010 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' EBIT came in at -$1.13 million as of Jun 30, 2026; for FY2025, it was $2.94 million, down 93.4% from FY2024.
- Annual EBIT has declined for three straight years.
- Across earlier years, EBIT came in at $44.76 million in FY2024 (-23.9%), $58.82 million in FY2023 (-51.3%), $120.68 million in FY2022 (+79.7%) and $67.16 million in FY2021.
- Quarterly EBIT has ranged from -$24.18 million in Q4 2025 to $59.06 million in Q3 2022 over the past five years.
- On a year-over-year basis, EBIT rose in two of the last seven quarters, with an average decline of 10.7%.
- Peak year-over-year performance for EBIT in the last five years was growth of 194.9% in Q3 2021, against a decline of 75.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.28 million (Q1 2026), -$24.18 million (Q4 2025) and $7.93 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 168.13 Bn | 162.66 Bn | - | 2.76 Bn |
| 2 | Csx | 88.79 Bn | 85.00 Bn | - | 1.51 Bn |
| 3 | United Parcel Service | 80.69 Bn | 57.59 Bn | - | 930.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.03 Bn | 75.05 Bn | - | 1.06 Bn |
| 5 | Norfolk Southern | 72.23 Bn | 66.88 Bn | - | 1.12 Bn |
| 6 | Fedex | 68.94 Bn | 34.89 Bn | - | 1.55 Bn |
| 7 | Delta Air Lines | 52.07 Bn | 34.25 Bn | - | 1.45 Bn |
| 8 | Old Dominion Freight Line | 38.07 Bn | 37.34 Bn | - | 465.30 Mn |
| 9 | United Airlines Holdings | 33.47 Bn | -22.90 Bn | - | 1.10 Bn |
| 10 | Covenant Logistics | 791.75 Mn | 770.26 Mn | - | 8.84 Mn |
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 |
| Dec 31, 2024 | 8.61 Mn |
| Sep 30, 2024 | 16.24 Mn |
| Jun 30, 2024 | 15.58 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 |
Covenant Logistics EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();