Covenant Logistics (CVLG) EBITDA (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly EBITDA of $6.3 million for Q1 2026, down 17.63% YoY from $7.6 million in Q1 2025, and down 20.74% sequentially from $7.9 million in Q3 2025.

Covenant Logistics (CVLG) EBITDA (2010 - 2026) Analysis & Trends

Covenant Logistics has disclosed EBITDA across 17 years of filings, most recently posting $6.3 million for Q1 2026.

  • In Q1 2026, EBITDA fell 17.63% year-over-year to $6.3 million; the TTM figure through Mar 2026 stood at $33.4 million (down 23.7% YoY), while the FY2025 annual figure was $84.8 million, down 30.32% from the prior year.
  • EBITDA eased to $6.3 million in Q1 2026, from $7.9 million in the prior quarter.
  • Over the last five years, EBITDA for CVLG reached as high as $59.1 million in Q3 2022 and fell as low as $4.3 million in Q1 2024.
  • The 5-year median for EBITDA is $14.3 million (2023), against an average of $16.6 million.
  • Annual changes were most pronounced in 2022 — EBITDA jumped 194.07% — and 2024, when it slumped 75.41%.
  • A 5-year view of EBITDA shows it stood at $10.9 million in 2022, then surged by 30.85% to $14.3 million in 2023, then gained by 13.79% to $16.2 million in 2024, then plunged by 51.18% to $7.9 million in 2025, then slipped by 20.74% to $6.3 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $6.3 million, $7.9 million, and $11.6 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn -805.63 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 317.34 Mn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 174.00 Mn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn -977,000.00
5 Saia 11.19 Bn 11.15 Bn - 66.81 Mn
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 20.20 Mn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn -28.00 Mn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 3.43 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 4.00 Mn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn 6.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.28 Mn
Sep 30, 2025 7.93 Mn
Jun 30, 2025 11.56 Mn
Mar 31, 2025 7.63 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
Jun 30, 2021 18.33 Mn
Mar 31, 2021 10.51 Mn
Dec 31, 2020 9.57 Mn