Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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