Covenant Logistics (CVLG) Equity Income (2011 - 2026)
Covenant Logistics (CVLG) posted quarterly Equity Income of $3.7 million for Q1 2026, down 2.36% YoY from $3.8 million in Q1 2025, and up 3.05% sequentially from $3.6 million in Q3 2025.
Covenant Logistics (CVLG) Equity Income (2011 - 2026) Analysis & Trends
Covenant Logistics has disclosed Equity Income across 16 years of filings, most recently posting $3.7 million for Q1 2026.
- In Q1 2026, Equity Income fell 2.36% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at $15.3 million (down 1.48% YoY), while the FY2025 annual figure was $14.7 million, changed 0.03% from the prior year.
- Equity Income rose to $3.7 million in Q1 2026, from $3.6 million in the prior quarter.
- Over the last five years, Equity Income for CVLG reached as high as $7.4 million in Q3 2022 and fell as low as $3.6 million in Q3 2025.
- The 5-year median for Equity Income is $4.3 million (2025), against an average of $4.9 million.
- Annual changes were most pronounced in 2022 — Equity Income jumped 129.22% — and 2024, when it tumbled 38.15%.
- A 5-year view of Equity Income shows it stood at $3.9 million in 2022, then increased by 20.17% to $4.7 million in 2023, then retreated by 15.49% to $4.0 million in 2024, then slipped by 10.39% to $3.6 million in 2025, then grew by 3.05% to $3.7 million in 2026.
- According to Business Quant data, Equity Income over the past three periods registered $3.7 million, $3.6 million, and $4.3 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (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 | - |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | - |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | - |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | - |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 86,000.00 |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 3.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.69 Mn |
| Sep 30, 2025 | 3.58 Mn |
| Jun 30, 2025 | 4.27 Mn |
| Mar 31, 2025 | 3.78 Mn |
| Sep 30, 2024 | 3.99 Mn |
| Jun 30, 2024 | 4.09 Mn |
| Mar 31, 2024 | 3.68 Mn |
| Dec 31, 2023 | 4.73 Mn |
| Sep 30, 2023 | 5.34 Mn |
| Jun 30, 2023 | 5.38 Mn |
| Mar 31, 2023 | 5.94 Mn |
| Dec 31, 2022 | 3.93 Mn |
| Sep 30, 2022 | 7.40 Mn |
| Jun 30, 2022 | 7.08 Mn |
| Mar 31, 2022 | 6.79 Mn |
| Dec 31, 2021 | 5.21 Mn |
| Sep 30, 2021 | 3.23 Mn |
| Jun 30, 2021 | 3.38 Mn |
| Mar 31, 2021 | 2.96 Mn |
| Dec 31, 2020 | 2.97 Mn |