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| Date | Value |
|---|---|
| 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 |