Covenant Logistics (CVLG) Invested Capital (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Invested Capital of $3.0 million for Q1 2026, down 21.34% year-over-year from $3.8 million in Q1 2025, and down 7.3% quarter-over-quarter from $3.2 million in Q4 2025.
Covenant Logistics (CVLG) Invested Capital (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Invested Capital for 17 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Invested Capital fell 21.34% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $13.1 million (down 36.23% YoY), while the FY2025 annual figure was $3.2 million, down 19.02% from the prior year.
- Invested Capital declined to $3.0 million in Q1 2026 per CVLG's latest filing, from $3.2 million in the prior quarter.
- Across five years, Invested Capital topped out at $10.0 million in Q1 2022 and bottomed at $2.4 million in Q1 2023.
- Historically, Invested Capital has averaged $5.3 million across 5 years, with a median of $5.8 million in 2022.
- Annual changes were most pronounced in 2023 — Invested Capital slumped 75.95% — and 2024, when it jumped 180.05%.
- Covenant Logistics' Invested Capital stood at $5.8 million in 2022, then increased by 5.54% to $6.1 million in 2023, then slumped by 35.12% to $3.9 million in 2024, then dropped by 19.02% to $3.2 million in 2025, then decreased by 7.3% to $3.0 million in 2026.
- Business Quant data shows CVLG's Invested Capital at $3.0 million in Q1 2026, $3.2 million in Q4 2025, and $3.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 20.00 Mn |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 159.00 Mn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 74.35 Mn |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 166.49 Mn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 124,000.00 |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 10.50 Mn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 495.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 94.48 Mn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 48.29 Mn |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | 3.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.24 Mn |
| Mar 31, 2026 | 2.96 Mn |
| Dec 31, 2025 | 3.19 Mn |
| Sep 30, 2025 | 3.39 Mn |
| Jun 30, 2025 | 3.58 Mn |
| Mar 31, 2025 | 3.76 Mn |
| Dec 31, 2024 | 3.94 Mn |
| Sep 30, 2024 | 6.34 Mn |
| Jun 30, 2024 | 6.53 Mn |
| Mar 31, 2024 | 6.72 Mn |
| Dec 31, 2023 | 6.08 Mn |
| Sep 30, 2023 | 6.26 Mn |
| Jun 30, 2023 | 5.39 Mn |
| Mar 31, 2023 | 2.40 Mn |
| Dec 31, 2022 | 5.76 Mn |
| Sep 30, 2022 | 6.13 Mn |
| Jun 30, 2022 | 6.99 Mn |
| Mar 31, 2022 | 9.98 Mn |
| Dec 31, 2021 | 10.82 Mn |
| Sep 30, 2021 | 13.25 Mn |