Growth Metrics

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 🔒
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
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