Covenant Logistics (CVLG) Goodwill (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Goodwill of $80.4 million for Q1 2026, up 1.85% year-over-year from $78.9 million in Q1 2025, and little changed quarter-over-quarter from $80.5 million in Q4 2025.
Covenant Logistics (CVLG) Goodwill (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Goodwill for 11 consecutive years, with $80.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Goodwill rose 1.85% year-over-year to $80.4 million; the TTM figure through Mar 2026 stood at $80.4 million (up 1.85% YoY), while the FY2025 annual figure was $80.5 million, up 1.97% from the prior year.
- Goodwill was little changed at $80.4 million in Q1 2026 per CVLG's latest filing, from $80.5 million in the prior quarter.
- Across five years, Goodwill topped out at $80.5 million in Q4 2025 and bottomed at -$13.8 million in Q2 2022.
- Historically, Goodwill has averaged $58.5 million across 5 years, with a median of $78.9 million in 2024.
- Annual changes were most pronounced in 2022 — Goodwill slumped 132.47% — and 2024, when it jumped 1511.04%.
- Covenant Logistics' Goodwill stood at $58.2 million in 2022, then sank by 91.58% to $4.9 million in 2023, then surged by 1511.04% to $78.9 million in 2024, then climbed by 1.97% to $80.5 million in 2025, then slipped by 0.12% to $80.4 million in 2026.
- Business Quant data shows CVLG's Goodwill at $80.4 million in Q1 2026, $80.5 million in Q4 2025, and $78.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.79 Bn | 42.50 Bn | 1.52 Bn |
| 2 | Xpo | 23.01 Bn | 22.72 Bn | 1.89 Bn |
| 3 | TFI International | 11.57 Bn | 11.37 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.48 Bn | 11.29 Bn | 1.77 Bn |
| 5 | Saia | 9.65 Bn | 9.57 Bn | - |
| 6 | Schneider National | 6.23 Bn | 5.71 Bn | 1.00 Bn |
| 7 | Rxo | 3.72 Bn | 3.70 Bn | 302.00 Mn |
| 8 | Arcbest | 3.09 Bn | 2.92 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - |
| 10 | Covenant Logistics | 869.16 Mn | 866.55 Mn | 320.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 80.60 Mn |
| Mar 31, 2026 | 80.40 Mn |
| Dec 31, 2025 | 80.50 Mn |
| Sep 30, 2025 | 78.94 Mn |
| Jun 30, 2025 | 78.94 Mn |
| Mar 31, 2025 | 78.94 Mn |
| Dec 31, 2024 | 78.94 Mn |
| Sep 30, 2024 | 78.94 Mn |
| Jun 30, 2024 | 78.90 Mn |
| Mar 31, 2024 | 80.30 Mn |
| Dec 31, 2023 | 4.90 Mn |
| Sep 30, 2023 | 73.15 Mn |
| Jun 30, 2023 | 10.70 Mn |
| Mar 31, 2023 | 58.22 Mn |
| Dec 31, 2022 | 58.20 Mn |
| Sep 30, 2022 | 58.20 Mn |
| Jun 30, 2022 | -13.80 Mn |
| Mar 31, 2022 | 29.50 Mn |
| Dec 31, 2021 | 42.52 Mn |
| Sep 30, 2021 | 42.52 Mn |