Covenant Logistics (CVLG) Invested Capital (2010 - 2026)
Covenant Logistics' Invested Capital came in at $701.94 million for Q2 2026, up 2.6% from $683.85 million a year earlier and up 6.2% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Covenant Logistics' Invested Capital was $702.05 million, up 1.8% from FY2024.
- Invested Capital has increased in each of the last five years, with a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $689.64 million in FY2024 (+6.4%), $647.97 million in FY2023 (+33.2%), $486.39 million in FY2022 (+29.4%) and $375.77 million in FY2021 (+8.2%).
- The five-year range for quarterly Invested Capital is $360.3 million (Q3 2021) to $702.05 million (Q4 2025).
- Year-over-year, Invested Capital increased in five of the last eight quarters, with growth averaging 3.8%.
- The fastest year-over-year change in Invested Capital over five years came in Q2 2023 (growth of 37.9%), and the weakest in Q3 2021 (a decline of 14.1%).
- Business Quant data shows CVLG's Invested Capital at $661.15 million (Q1 2026), $702.05 million (Q4 2025) and $691.35 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 51.00 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 32.95 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 39.58 Bn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 51.20 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 32.87 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 36.46 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 4.57 Bn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 43.16 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 701.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 701.94 Mn |
| Mar 31, 2026 | 661.15 Mn |
| Dec 31, 2025 | 702.05 Mn |
| Sep 30, 2025 | 691.35 Mn |
| Jun 30, 2025 | 683.85 Mn |
| Mar 31, 2025 | 676.54 Mn |
| Dec 31, 2024 | 689.64 Mn |
| Sep 30, 2024 | 697.11 Mn |
| Jun 30, 2024 | 688.64 Mn |
| Mar 31, 2024 | 656.53 Mn |
| Dec 31, 2023 | 647.97 Mn |
| Sep 30, 2023 | 579.37 Mn |
| Jun 30, 2023 | 571.42 Mn |
| Mar 31, 2023 | 488.32 Mn |
| Dec 31, 2022 | 486.39 Mn |
| Sep 30, 2022 | 465.47 Mn |
| Jun 30, 2022 | 414.49 Mn |
| Mar 31, 2022 | 406.66 Mn |
| Dec 31, 2021 | 375.77 Mn |
| Sep 30, 2021 | 360.30 Mn |
API Access
Covenant Logistics Invested Capital 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=invested-capital&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();