Covenant Logistics (CVLG) Invested Capital (2010 - 2026)
Covenant Logistics (CVLG) reported Invested Capital of $410.6 million for Q1 2026, down 8.23% year-over-year from $447.4 million in Q1 2025, and up 0.83% on a QoQ basis from $407.2 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Invested Capital data on file, last reported at $410.6 million in Q1 2026.
- Quarterly Invested Capital fell 8.23% year-over-year to $410.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $410.6 million (down 8.23% YoY) and the FY2025 annual result came in at $407.2 million, down 7.93% from the prior year.
- Invested Capital rose to $410.6 million in Q1 2026 per CVLG's latest filing, from $407.2 million in the prior quarter.
- Across five years, Invested Capital topped out at $447.4 million in Q1 2025 and bottomed at $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.
- The widest annual swing landed in 2022, when Invested Capital climbed 18.05%; it then retreated 8.23% in 2026.
- Tracing CVLG's Invested Capital over 5 years: stood at $382.9 million in 2022, then grew by 6.95% to $409.5 million in 2023, then climbed by 8.01% to $442.3 million in 2024, then decreased by 7.93% to $407.2 million in 2025, then rose by 0.83% to $410.6 million in 2026.
- Per Business Quant, the three latest CVLG Invested Capital figures stand at $410.6 million (Q1 2026), $407.2 million (Q4 2025), and $427.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 4.42 Bn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 2.68 Bn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 2.63 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 8.81 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 3.07 Bn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 1.96 Bn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 1.38 Bn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 1.41 Bn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 767.63 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 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 |
| Mar 31, 2021 | 312.47 Mn |
| Dec 31, 2020 | 307.09 Mn |
| Sep 30, 2020 | 333.95 Mn |
| Jun 30, 2020 | 339.67 Mn |
| Mar 31, 2020 | 360.46 Mn |
| Dec 31, 2019 | 383.38 Mn |
| Sep 30, 2019 | 384.70 Mn |
| Jun 30, 2019 | 389.30 Mn |
| Mar 31, 2019 | 386.86 Mn |
| Dec 31, 2018 | 371.85 Mn |
| Sep 30, 2018 | 353.79 Mn |
| Jun 30, 2018 | 346.00 Mn |
| Mar 31, 2018 | 327.24 Mn |
| Dec 31, 2017 | 319.80 Mn |
| Sep 30, 2017 | 273.17 Mn |
| Jun 30, 2017 | 261.81 Mn |
| Mar 31, 2017 | 258.03 Mn |
| Dec 31, 2016 | 261.36 Mn |
| Sep 30, 2016 | 252.40 Mn |
| Jun 30, 2016 | 246.99 Mn |
| Mar 31, 2016 | 238.07 Mn |
| Dec 31, 2015 | 245.59 Mn |
| Sep 30, 2015 | 230.67 Mn |
| Jun 30, 2015 | 219.53 Mn |
| Mar 31, 2015 | 204.24 Mn |
| Dec 31, 2014 | 198.63 Mn |
| Sep 30, 2014 | 138.77 Mn |
| Jun 30, 2014 | 140.25 Mn |
| Mar 31, 2014 | 150.47 Mn |
| Dec 31, 2013 | 153.16 Mn |
| Sep 30, 2013 | 143.75 Mn |
| Jun 30, 2013 | 139.74 Mn |
| Mar 31, 2013 | 149.51 Mn |
| Dec 31, 2012 | 160.40 Mn |
| Sep 30, 2012 | 160.37 Mn |
| Jun 30, 2012 | 167.62 Mn |
| Mar 31, 2012 | 169.09 Mn |
| Dec 31, 2011 | 185.27 Mn |
| Sep 30, 2011 | 157.77 Mn |
| Jun 30, 2011 | 170.90 Mn |
| Dec 31, 2010 | 169.10 Mn |