Covenant Logistics (CVLG) Equity Average (2011 - 2026)
Covenant Logistics (CVLG) posted quarterly Equity Average of $405.8 million for Q1 2026, down 7.98% YoY from $441.0 million in Q1 2025, and down 1.95% sequentially from $413.9 million in Q4 2025.
Covenant Logistics (CVLG) Equity Average (2011 - 2026) Analysis & Trends
Covenant Logistics has disclosed Equity Average across 16 years of filings, most recently posting $405.8 million for Q1 2026.
- In Q1 2026, Equity Average fell 7.98% year-over-year to $405.8 million; the TTM figure through Mar 2026 stood at $405.8 million (down 7.98% YoY), while the FY2025 annual figure was $410.4 million, down 4.3% from the prior year.
- Equity Average retreated to $405.8 million in Q1 2026, from $413.9 million in the prior quarter.
- Over the last five years, Equity Average for CVLG reached as high as $441.0 million in Q1 2025 and fell as low as $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.
- Annual changes were most pronounced in 2022 — Equity Average climbed 20.65% — and 2026, when it declined 7.98%.
- A 5-year view of Equity Average shows it stood at $378.6 million in 2022, then advanced by 5.31% to $398.7 million in 2023, then climbed by 9.09% to $434.9 million in 2024, then slipped by 4.85% to $413.9 million in 2025, then fell by 1.95% to $405.8 million in 2026.
- According to Business Quant data, Equity Average over the past three periods registered $405.8 million, $413.9 million, and $420.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | - |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 4.36 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 1.86 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 7.07 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 2.60 Bn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 3.02 Bn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 1.53 Bn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 1.29 Bn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 1.36 Bn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 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 |