Covenant Logistics (CVLG) Interest Expenses (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Interest Expenses of $3.9 million for Q1 2026, up 36.02% YoY from $2.9 million in Q1 2025, and up 12.05% sequentially from $3.5 million in Q3 2025.
Covenant Logistics (CVLG) Interest Expenses (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Interest Expenses across 17 years of filings, most recently posting $3.9 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 36.02% year-over-year to $3.9 million; the TTM figure through Mar 2026 stood at $9.8 million (changed 0.37% YoY), while the FY2025 annual figure was $12.1 million, down 11.2% from the prior year.
- Interest Expenses rose to $3.9 million in Q1 2026, from $3.5 million in the prior quarter.
- Over the last five years, Interest Expenses for CVLG reached as high as $3.9 million in Q1 2026 and fell as low as $555000.0 in Q1 2022.
- The 5-year median for Interest Expenses is $2.5 million (2025), against an average of $2.3 million.
- Annual changes were most pronounced in 2024 — Interest Expenses jumped 334.07% — and 2025, when it tumbled 34.98%.
- A 5-year view of Interest Expenses shows it stood at $827000.0 in 2022, then soared by 194.68% to $2.4 million in 2023, then jumped by 31.47% to $3.2 million in 2024, then climbed by 8.24% to $3.5 million in 2025, then gained by 12.05% to $3.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $3.9 million, $3.5 million, and $2.5 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 44.67 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 299,000.00 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 53.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 30.73 Mn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 2.57 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 7.00 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 4.29 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 11.65 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 3.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.89 Mn |
| Mar 31, 2026 | 3.89 Mn |
| Sep 30, 2025 | 3.47 Mn |
| Sep 30, 2025 | 3.47 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.86 Mn |
| Mar 31, 2025 | 2.86 Mn |
| Sep 30, 2024 | 3.20 Mn |
| Sep 30, 2024 | 3.20 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Mar 31, 2024 | 3.34 Mn |
| Mar 31, 2024 | 3.34 Mn |
| Dec 31, 2023 | 2.44 Mn |
| Dec 31, 2023 | 2.44 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Jun 30, 2023 | 2.12 Mn |
| Jun 30, 2023 | 2.12 Mn |