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
DateValue
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