Covenant Logistics (CVLG) Equity Ratio (2010 - 2026)

Covenant Logistics has disclosed Equity Ratio across 17 years of filings, most recently posting 0.4 for Q1 2026.

• In Q1 2026, Equity Ratio fell 11.45% year-over-year to 0.4; the TTM figure through Mar 2026 stood at 0.4 (down 11.45% YoY), while the FY2025 annual figure was 0.39, down 12.06% from the prior year.
• Equity Ratio advanced to 0.4 in Q1 2026, from 0.39 in the prior quarter.
• Over the last five years, Equity Ratio for CVLG reached as high as 0.54 in Q1 2022 and fell as low as 0.39 in Q4 2025.
• The 5-year median for Equity Ratio is 0.44 (2023), against an average of 0.45.
• Annual changes were most pronounced in 2022 — Equity Ratio gained 18.75% — and 2023, when it decreased 14.12%.
• A 5-year view of Equity Ratio shows it stood at 0.47 in 2022, then decreased by 10.71% to 0.42 in 2023, then gained by 3.96% to 0.44 in 2024, then retreated by 12.06% to 0.39 in 2025, then advanced by 3.74% to 0.4 in 2026.
• According to Business Quant data, Equity Ratio over the past three periods registered 0.4, 0.39, and 0.41 for Q1 2026, Q4 2025, and Q3 2025 respectively.