Covenant Logistics (CVLG) EBT (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly EBT of $6.1 million for Q1 2026, down 28.82% year-over-year from $8.5 million in Q1 2025, and down 79.68% quarter-over-quarter from $29.9 million in Q3 2025.
Covenant Logistics (CVLG) EBT (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported EBT for 17 consecutive years, with $6.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 28.82% year-over-year to $6.1 million; the TTM figure through Mar 2026 stood at $66.5 million (down 6.8% YoY), while the FY2025 annual figure was $5.6 million, down 87.82% from the prior year.
- EBT slipped to $6.1 million in Q1 2026 per CVLG's latest filing, from $29.9 million in the prior quarter.
- Across five years, EBT topped out at $65.5 million in Q3 2022 and bottomed at $4.7 million in Q1 2024.
- Historically, EBT has averaged $23.0 million across 5 years, with a median of $20.5 million in 2024.
- Annual changes were most pronounced in 2022 — EBT jumped 190.07% — and 2024, when it tumbled 79.51%.
- Covenant Logistics' EBT stood at $14.0 million in 2022, then climbed by 18.18% to $16.6 million in 2023, then jumped by 126.93% to $37.6 million in 2024, then dropped by 20.3% to $29.9 million in 2025, then slumped by 79.68% to $6.1 million in 2026.
- Business Quant data shows CVLG's EBT at $6.1 million in Q1 2026, $29.9 million in Q3 2025, and $21.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 467.47 Mn |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 218.00 Mn |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | 180.16 Mn |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 65.51 Mn |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | 125.48 Mn |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 65.60 Mn |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | -8.00 Mn |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | -20.96 Mn |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | 7.34 Mn |
| 10 | Covenant Logistics | 870.93 Mn | 868.31 Mn | 320.47 Mn | 11.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.13 Mn |
| Mar 31, 2026 | 6.08 Mn |
| Sep 30, 2025 | 29.94 Mn |
| Jun 30, 2025 | 21.91 Mn |
| Mar 31, 2025 | 8.55 Mn |
| Sep 30, 2024 | 37.57 Mn |
| Jun 30, 2024 | 20.55 Mn |
| Mar 31, 2024 | 4.67 Mn |
| Dec 31, 2023 | 16.56 Mn |
| Sep 30, 2023 | 17.84 Mn |
| Jun 30, 2023 | 15.04 Mn |
| Mar 31, 2023 | 22.81 Mn |
| Dec 31, 2022 | 14.01 Mn |
| Sep 30, 2022 | 65.52 Mn |
| Jun 30, 2022 | 33.18 Mn |
| Mar 31, 2022 | 30.08 Mn |
| Dec 31, 2021 | 22.83 Mn |
| Sep 30, 2021 | 22.59 Mn |
| Jun 30, 2021 | 21.01 Mn |
| Mar 31, 2021 | 12.73 Mn |