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| Date | Value |
|---|---|
| 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 |