Covenant Logistics (CVLG) Long-Term Debt Issuances (2010 - 2026)
Covenant Logistics (CVLG) reported Long-Term Debt Issuances of $29.76 million for Q2 2026, up 39.5% from $21.34 million a year earlier and up 289.5% from the prior quarter.
Covenant Logistics (CVLG) Long-Term Debt Issuances (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Covenant Logistics' Long-Term Debt Issuances came in at $93.78 million, up 25.2% year-over-year; for FY2025, it came in at $101.31 million, down 15.1% from FY2024.
- Long-Term Debt Issuances has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- By year, Long-Term Debt Issuances came in at $119.39 million in FY2024 (-22.5%), $154.09 million in FY2023 (+61.9%) and $95.15 million in FY2022.
- Five-year quarterly Long-Term Debt Issuances spans a low of $7.64 million in Q1 2026 and a high of $55.64 million in Q4 2023.
- Year over year, Long-Term Debt Issuances gained in three of the last eight quarters, with an average decline of 12.4%.
- The high point for year-over-year Long-Term Debt Issuances in five years was Q1 2024 (growth of 307.8%); the low point was Q4 2024 (a decline of 73.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.64 million (Q1 2026), $15.13 million (Q4 2025) and $41.25 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | - |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | - |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | - |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 600.00 Mn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | - |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 3.60 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 29.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.76 Mn |
| Mar 31, 2026 | 7.64 Mn |
| Dec 31, 2025 | 15.13 Mn |
| Sep 30, 2025 | 41.25 Mn |
| Jun 30, 2025 | 21.34 Mn |
| Mar 31, 2025 | 23.59 Mn |
| Dec 31, 2024 | 14.61 Mn |
| Sep 30, 2024 | 15.37 Mn |
| Jun 30, 2024 | 37.23 Mn |
| Mar 31, 2024 | 52.18 Mn |
| Dec 31, 2023 | 55.64 Mn |
| Sep 30, 2023 | 53.78 Mn |
| Jun 30, 2023 | 31.88 Mn |
| Mar 31, 2023 | 12.80 Mn |
| Dec 31, 2022 | 29.90 Mn |
| Sep 30, 2022 | 29.34 Mn |
| Jun 30, 2022 | 35.92 Mn |
| Dec 31, 2020 | 10.13 Mn |
| Sep 30, 2020 | 10.11 Mn |
| Jun 30, 2020 | 25.60 Mn |
Covenant Logistics Long-Term Debt Issuances 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=long-term-debt-issuances&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "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=long-term-debt-issuances&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();