Covenant Logistics (CVLG) EV to EBITDA (2011 - 2026)
Covenant Logistics' EV to EBITDA came in at 11.97 for Q2 2026, up 152.1% from 4.75 a year earlier and up 72.4% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Covenant Logistics reported EV to EBITDA of 11.76, up 185.1% year-over-year; for FY2025, it came in at 5.86, up 11.8% from FY2024.
- EV to EBITDA has increased in each of the last three years.
- Going back by year, EV to EBITDA was 5.24 in FY2024 (+12.5%), 4.66 in FY2023 (+84.4%), 2.53 in FY2022 (-18.0%) and 3.08 in FY2021 (-65.5%).
- The Q2 2026 figure represents the highest quarterly EV to EBITDA in data going back to Q1 2011.
- Year-over-year, EV to EBITDA has increased for three consecutive quarters, with growth averaging 26.9% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2026 (growth of 152.1%), and the weakest in Q1 2022 (a decline of 79.8%).
- Business Quant data shows CVLG's EV to EBITDA at 6.94 (Q1 2026), 5.86 (Q4 2025) and 4.30 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 182.08 Bn | 174.33 Bn | - |
| 2 | Csx | 95.22 Bn | 90.44 Bn | - |
| 3 | United Parcel Service | 93.25 Bn | 70.15 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.02 Bn | 81.02 Bn | - |
| 5 | Norfolk Southern | 77.79 Bn | 72.25 Bn | - |
| 6 | Fedex | 75.55 Bn | 41.74 Bn | - |
| 7 | Delta Air Lines | 54.76 Bn | 36.94 Bn | - |
| 8 | Old Dominion Freight Line | 36.63 Bn | 36.63 Bn | - |
| 9 | United Airlines Holdings | 35.55 Bn | -22.15 Bn | - |
| 10 | Covenant Logistics | 842.69 Mn | 842.69 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.97 |
| Mar 31, 2026 | 6.94 |
| Dec 31, 2025 | 5.86 |
| Sep 30, 2025 | 4.30 |
| Jun 30, 2025 | 4.75 |
| Mar 31, 2025 | 4.28 |
| Dec 31, 2024 | 5.24 |
| Sep 30, 2024 | 4.97 |
| Jun 30, 2024 | 5.02 |
| Mar 31, 2024 | 4.96 |
| Dec 31, 2023 | 4.66 |
| Sep 30, 2023 | 4.56 |
| Jun 30, 2023 | 3.43 |
| Mar 31, 2023 | 2.42 |
| Dec 31, 2022 | 2.53 |
| Sep 30, 2022 | 1.87 |
| Jun 30, 2022 | 2.18 |
| Mar 31, 2022 | 2.17 |
| Dec 31, 2021 | 3.08 |
| Sep 30, 2021 | 3.29 |
API Access
Covenant Logistics EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();