Covenant Logistics (CVLG) Interest Coverage Ratio (2010 - 2026)
Covenant Logistics' (CVLG) Interest Coverage Ratio was 2.97 for Q2 2026, down 36.6% from 4.68 a year earlier but up 83.5% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Covenant Logistics' Interest Coverage Ratio came in at -0.08; for FY2025, it came in at 0.24, down 92.6% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 3.30 in FY2024 (-55.3%), 7.38 in FY2023 (-81.1%), 39.14 in FY2022 (+62.7%) and 24.06 in FY2021.
- Five-year quarterly Interest Coverage Ratio spans a low of -7.42 in Q4 2025 and a high of 63.16 in Q3 2022.
- Year over year, Interest Coverage Ratio gained in two of the last seven quarters, with an average decline of 11.1%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2021 (growth of 688.1%); the low point was Q1 2024 (a decline of 94.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.62 (Q1 2026), -7.42 (Q4 2025) and 2.29 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 8.83 |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 7.14 |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 3.42 |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 5.71 |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 6,122.38 |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 3.20 |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 2.97 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.97 |
| Mar 31, 2026 | 1.62 |
| Dec 31, 2025 | -7.42 |
| Sep 30, 2025 | 2.29 |
| Jun 30, 2025 | 4.68 |
| Mar 31, 2025 | 2.67 |
| Dec 31, 2024 | 2.66 |
| Sep 30, 2024 | 5.07 |
| Jun 30, 2024 | 4.10 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 5.85 |
| Sep 30, 2023 | 5.74 |
| Jun 30, 2023 | 5.55 |
| Mar 31, 2023 | 22.93 |
| Dec 31, 2022 | 13.18 |
| Sep 30, 2022 | 63.16 |
| Jun 30, 2022 | 35.08 |
| Mar 31, 2022 | 42.97 |
| Dec 31, 2021 | 29.61 |
| Sep 30, 2021 | 27.74 |
API Access
Covenant Logistics Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();