Covenant Logistics (CVLG) Equity Ratio (2010 - 2026)
Covenant Logistics (CVLG) reported Equity Ratio of 0.4 for Q1 2026, down 11.45% year-over-year from 0.45 in Q1 2025, and up 3.74% on a QoQ basis from 0.39 in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Equity Ratio data on file, last reported at 0.4 in Q1 2026.
- Quarterly Equity Ratio fell 11.45% year-over-year to 0.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.4 (down 11.45% YoY) and the FY2025 annual result came in at 0.39, down 12.06% from the prior year.
- Equity Ratio grew to 0.4 in Q1 2026 per CVLG's latest filing, from 0.39 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.54 in Q1 2022 and bottomed at 0.39 in Q4 2025.
- The 5-year median for Equity Ratio is 0.44 (2023), against an average of 0.45.
- The widest annual swing landed in 2022, when Equity Ratio increased 18.75%; it then fell 14.12% in 2023.
- Tracing CVLG's Equity Ratio over 5 years: stood at 0.47 in 2022, then fell by 10.71% to 0.42 in 2023, then increased by 3.96% to 0.44 in 2024, then declined by 12.06% to 0.39 in 2025, then rose by 3.74% to 0.4 in 2026.
- Per Business Quant, the three latest CVLG Equity Ratio figures stand at 0.4 (Q1 2026), 0.39 (Q4 2025), and 0.41 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 0.78 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 0.23 |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 0.74 |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 0.59 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 0.61 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 0.46 |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.52 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.42 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 0.81 |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.51 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.54 |
| Sep 30, 2021 | 0.47 |
| Jun 30, 2021 | 0.47 |
| Mar 31, 2021 | 0.46 |
| Dec 31, 2020 | 0.43 |
| Sep 30, 2020 | 0.43 |
| Jun 30, 2020 | 0.36 |
| Mar 31, 2020 | 0.36 |
| Dec 31, 2019 | 0.40 |
| Sep 30, 2019 | 0.39 |
| Jun 30, 2019 | 0.41 |
| Mar 31, 2019 | 0.42 |
| Dec 31, 2018 | 0.44 |
| Sep 30, 2018 | 0.44 |
| Jun 30, 2018 | 0.43 |
| Mar 31, 2018 | 0.46 |
| Dec 31, 2017 | 0.45 |
| Sep 30, 2017 | 0.38 |
| Jun 30, 2017 | 0.39 |
| Mar 31, 2017 | 0.39 |
| Dec 31, 2016 | 0.40 |
| Sep 30, 2016 | 0.37 |
| Jun 30, 2016 | 0.37 |
| Mar 31, 2016 | 0.36 |
| Dec 31, 2015 | 7.68 |
| Sep 30, 2015 | 0.33 |
| Jun 30, 2015 | 0.37 |
| Mar 31, 2015 | 0.34 |
| Dec 31, 2014 | 0.36 |
| Sep 30, 2014 | 0.22 |
| Jun 30, 2014 | 0.22 |
| Mar 31, 2014 | 0.21 |
| Dec 31, 2013 | 2.66 |
| Sep 30, 2013 | 0.23 |
| Jun 30, 2013 | 0.22 |
| Mar 31, 2013 | 0.23 |
| Dec 31, 2012 | 7.91 |
| Sep 30, 2012 | 0.24 |
| Jun 30, 2012 | 0.22 |
| Mar 31, 2012 | 0.20 |
| Dec 31, 2011 | 3.11 |
| Sep 30, 2011 | 0.20 |
| Jun 30, 2011 | 0.24 |
| Dec 31, 2010 | 0.23 |