Covenant Logistics (CVLG) Equity Average (2011 - 2026)
Covenant Logistics (CVLG) reported Equity Average of $405.8 million for Q1 2026, down 7.98% year-over-year from $441.0 million in Q1 2025, and down 1.95% on a QoQ basis from $413.9 million in Q4 2025.
Covenant Logistics (CVLG) has 16 years of Equity Average data on file, last reported at $405.8 million in Q1 2026.
- Quarterly Equity Average fell 7.98% year-over-year to $405.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $405.8 million (down 7.98% YoY) and the FY2025 annual result came in at $410.4 million, down 4.3% from the prior year.
- Equity Average fell to $405.8 million in Q1 2026 per CVLG's latest filing, from $413.9 million in the prior quarter.
- Across five years, Equity Average topped out at $441.0 million in Q1 2025 and bottomed at $354.3 million in Q1 2022.
- The 5-year median for Equity Average is $405.3 million (2024), against an average of $399.0 million.
- The widest annual swing landed in 2022, when Equity Average gained 20.65%; it then slipped 7.98% in 2026.
- Tracing CVLG's Equity Average over 5 years: stood at $378.6 million in 2022, then rose by 5.31% to $398.7 million in 2023, then gained by 9.09% to $434.9 million in 2024, then retreated by 4.85% to $413.9 million in 2025, then dropped by 1.95% to $405.8 million in 2026.
- Per Business Quant, the three latest CVLG Equity Average figures stand at $405.8 million (Q1 2026), $413.9 million (Q4 2025), and $420.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 4.36 Bn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 1.86 Bn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 2.60 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 7.07 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 3.02 Bn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 1.53 Bn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 1.29 Bn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 1.36 Bn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 767.91 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 405.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 405.80 Mn |
| Dec 31, 2025 | 413.86 Mn |
| Sep 30, 2025 | 420.30 Mn |
| Jun 30, 2025 | 430.26 Mn |
| Mar 31, 2025 | 440.99 Mn |
| Dec 31, 2024 | 434.95 Mn |
| Sep 30, 2024 | 425.46 Mn |
| Jun 30, 2024 | 413.31 Mn |
| Mar 31, 2024 | 405.33 Mn |
| Dec 31, 2023 | 398.72 Mn |
| Sep 30, 2023 | 386.84 Mn |
| Jun 30, 2023 | 375.41 Mn |
| Mar 31, 2023 | 374.15 Mn |
| Dec 31, 2022 | 378.62 Mn |
| Sep 30, 2022 | 368.07 Mn |
| Jun 30, 2022 | 357.46 Mn |
| Mar 31, 2022 | 354.29 Mn |
| Dec 31, 2021 | 339.80 Mn |
| Sep 30, 2021 | 321.72 Mn |
| Jun 30, 2021 | 305.10 Mn |
| Mar 31, 2021 | 293.65 Mn |
| Dec 31, 2020 | 302.72 Mn |
| Sep 30, 2020 | 310.86 Mn |
| Jun 30, 2020 | 317.71 Mn |
| Mar 31, 2020 | 339.30 Mn |
| Dec 31, 2019 | 349.27 Mn |
| Sep 30, 2019 | 350.06 Mn |
| Jun 30, 2019 | 349.71 Mn |
| Mar 31, 2019 | 345.44 Mn |
| Dec 31, 2018 | 334.65 Mn |
| Sep 30, 2018 | 319.85 Mn |
| Jun 30, 2018 | 307.62 Mn |
| Mar 31, 2018 | 298.44 Mn |
| Dec 31, 2017 | 269.80 Mn |
| Sep 30, 2017 | 240.78 Mn |
| Jun 30, 2017 | 236.26 Mn |
| Mar 31, 2017 | 235.88 Mn |
| Dec 31, 2016 | 230.91 Mn |
| Sep 30, 2016 | 222.59 Mn |
| Jun 30, 2016 | 213.44 Mn |
| Mar 31, 2016 | 204.63 Mn |
| Dec 31, 2015 | 198.11 Mn |
| Sep 30, 2015 | 195.03 Mn |
| Jun 30, 2015 | 188.38 Mn |
| Mar 31, 2015 | 174.98 Mn |
| Dec 31, 2014 | 135.85 Mn |
| Sep 30, 2014 | 102.77 Mn |
| Jun 30, 2014 | 100.48 Mn |
| Mar 31, 2014 | 99.13 Mn |
| Dec 31, 2013 | 98.18 Mn |
| Sep 30, 2013 | 94.59 Mn |
| Jun 30, 2013 | 92.95 Mn |
| Mar 31, 2013 | 93.69 Mn |
| Dec 31, 2012 | 94.35 Mn |
| Sep 30, 2012 | 91.63 Mn |
| Jun 30, 2012 | 88.94 Mn |
| Mar 31, 2012 | 87.85 Mn |
| Dec 31, 2011 | 87.44 Mn |
| Sep 30, 2011 | 94.12 Mn |