Covenant Logistics (CVLG) Invested Capital (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly Invested Capital of $410.6 million for Q1 2026, down 8.23% YoY from $447.4 million in Q1 2025, and up 0.83% sequentially from $407.2 million in Q4 2025.

Covenant Logistics (CVLG) Invested Capital (2010 - 2026) Analysis & Trends

Covenant Logistics has disclosed Invested Capital across 17 years of filings, most recently posting $410.6 million for Q1 2026.

  • In Q1 2026, Invested Capital fell 8.23% year-over-year to $410.6 million; the TTM figure through Mar 2026 stood at $410.6 million (down 8.23% YoY), while the FY2025 annual figure was $407.2 million, down 7.93% from the prior year.
  • Invested Capital grew to $410.6 million in Q1 2026, from $407.2 million in the prior quarter.
  • Over the last five years, Invested Capital for CVLG reached as high as $447.4 million in Q1 2025 and fell as low as $363.0 million in Q2 2022.
  • The 5-year median for Invested Capital is $409.5 million (2023), against an average of $406.0 million.
  • Annual changes were most pronounced in 2022 — Invested Capital increased 18.05% — and 2026, when it slipped 8.23%.
  • A 5-year view of Invested Capital shows it stood at $382.9 million in 2022, then rose by 6.95% to $409.5 million in 2023, then increased by 8.01% to $442.3 million in 2024, then dropped by 7.93% to $407.2 million in 2025, then advanced by 0.83% to $410.6 million in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $410.6 million, $407.2 million, and $427.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn 100.31 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 4.42 Bn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 2.68 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn 8.81 Bn
5 Saia 11.19 Bn 11.15 Bn - 2.63 Bn
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 3.07 Bn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn 1.96 Bn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 1.38 Bn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 1.41 Bn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn 410.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 410.57 Mn
Dec 31, 2025 407.19 Mn
Sep 30, 2025 427.10 Mn
Jun 30, 2025 420.45 Mn
Mar 31, 2025 447.41 Mn
Dec 31, 2024 442.28 Mn
Sep 30, 2024 437.89 Mn
Jun 30, 2024 425.90 Mn
Mar 31, 2024 413.97 Mn
Dec 31, 2023 409.50 Mn
Sep 30, 2023 400.29 Mn
Jun 30, 2023 385.05 Mn
Mar 31, 2023 373.56 Mn
Dec 31, 2022 382.89 Mn
Sep 30, 2022 386.24 Mn
Jun 30, 2022 363.02 Mn
Mar 31, 2022 368.86 Mn
Dec 31, 2021 360.52 Mn
Sep 30, 2021 343.15 Mn
Jun 30, 2021 328.50 Mn