Covenant Logistics (CVLG) Long-Term Debt Issuances (2010 - 2026)
Covenant Logistics (CVLG) reported Long-Term Debt Issuances of $7.6 million for Q1 2026, down 67.61% year-over-year from $23.6 million in Q1 2025, and down 91.13% on a QoQ basis from $86.2 million in Q3 2025.
Covenant Logistics (CVLG) has 16 years of Long-Term Debt Issuances data on file, last reported at $7.6 million in Q1 2026.
- Quarterly Long-Term Debt Issuances fell 67.61% year-over-year to $7.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $162.3 million (down 39.87% YoY) and the FY2025 annual result came in at $101.3 million, down 15.15% from the prior year.
- Long-Term Debt Issuances fell to $7.6 million in Q1 2026 per CVLG's latest filing, from $86.2 million in the prior quarter.
- Across five years, Long-Term Debt Issuances topped out at $104.8 million in Q3 2024 and bottomed at $7.6 million in Q1 2026.
- The 5-year median for Long-Term Debt Issuances is $40.4 million (2022), against an average of $47.0 million.
- The widest annual swing landed in 2024, when Long-Term Debt Issuances soared 307.81%; it then sank 67.61% in 2026.
- Tracing CVLG's Long-Term Debt Issuances over 5 years: stood at $29.9 million in 2022, then surged by 86.11% to $55.6 million in 2023, then jumped by 88.32% to $104.8 million in 2024, then slipped by 17.76% to $86.2 million in 2025, then tumbled by 91.13% to $7.6 million in 2026.
- Per Business Quant, the three latest CVLG Long-Term Debt Issuances figures stand at $7.6 million (Q1 2026), $86.2 million (Q3 2025), and $44.9 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt Issuances (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | - |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | - |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | - |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 400.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | - |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 4.00 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 7.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.64 Mn |
| Mar 31, 2026 | 7.64 Mn |
| Sep 30, 2025 | 86.17 Mn |
| Sep 30, 2025 | 86.17 Mn |
| Jun 30, 2025 | 44.92 Mn |
| Jun 30, 2025 | 44.92 Mn |
| Mar 31, 2025 | 23.59 Mn |
| Mar 31, 2025 | 23.59 Mn |
| Sep 30, 2024 | 104.79 Mn |
| Sep 30, 2024 | 104.79 Mn |
| Jun 30, 2024 | 89.41 Mn |
| Jun 30, 2024 | 89.41 Mn |
| Mar 31, 2024 | 52.18 Mn |
| Mar 31, 2024 | 52.18 Mn |
| Dec 31, 2023 | 55.64 Mn |
| Dec 31, 2023 | 55.64 Mn |
| Sep 30, 2023 | 53.78 Mn |
| Sep 30, 2023 | 53.78 Mn |
| Jun 30, 2023 | 31.88 Mn |
| Jun 30, 2023 | 31.88 Mn |
| Mar 31, 2023 | 12.80 Mn |
| Mar 31, 2023 | 12.80 Mn |
| Dec 31, 2022 | 29.90 Mn |
| Dec 31, 2022 | 29.90 Mn |
| Sep 30, 2022 | 29.34 Mn |
| Sep 30, 2022 | 29.34 Mn |
| Jun 30, 2022 | 35.92 Mn |
| Jun 30, 2022 | 35.92 Mn |
| Dec 31, 2020 | 10.13 Mn |
| Dec 31, 2020 | 10.13 Mn |
| Sep 30, 2020 | 10.11 Mn |
| Sep 30, 2020 | 10.11 Mn |
| Jun 30, 2020 | 25.60 Mn |
| Jun 30, 2020 | 25.60 Mn |
| Mar 31, 2020 | 29.75 Mn |
| Mar 31, 2020 | 29.75 Mn |
| Dec 31, 2019 | 4.46 Mn |
| Dec 31, 2019 | 4.46 Mn |
| Sep 30, 2019 | 45.24 Mn |
| Sep 30, 2019 | 45.24 Mn |
| Jun 30, 2019 | 38.34 Mn |
| Jun 30, 2019 | 38.34 Mn |
| Mar 31, 2019 | 19.22 Mn |
| Mar 31, 2019 | 19.22 Mn |
| Dec 31, 2018 | 17.07 Mn |
| Dec 31, 2018 | 17.07 Mn |
| Sep 30, 2018 | 4.91 Mn |
| Sep 30, 2018 | 4.91 Mn |
| Jun 30, 2018 | 49.16 Mn |
| Jun 30, 2018 | 49.16 Mn |
| Mar 31, 2018 | 29.67 Mn |
| Mar 31, 2018 | 29.67 Mn |
| Dec 31, 2017 | 10.45 Mn |
| Dec 31, 2017 | 10.45 Mn |
| Sep 30, 2017 | 56.01 Mn |
| Sep 30, 2017 | 56.01 Mn |
| Jun 30, 2017 | 33.35 Mn |
| Jun 30, 2017 | 33.35 Mn |
| Mar 31, 2017 | 21.40 Mn |
| Mar 31, 2017 | 21.40 Mn |
| Dec 31, 2016 | 6.46 Mn |
| Dec 31, 2016 | 6.46 Mn |
| Sep 30, 2016 | 22.57 Mn |
| Sep 30, 2016 | 22.57 Mn |
| Jun 30, 2016 | 34.43 Mn |
| Jun 30, 2016 | 34.43 Mn |
| Mar 31, 2016 | 5.97 Mn |
| Mar 31, 2016 | 5.97 Mn |
| Dec 31, 2015 | 19.66 Mn |
| Dec 31, 2015 | 19.66 Mn |
| Sep 30, 2015 | 88.32 Mn |
| Sep 30, 2015 | 88.32 Mn |
| Mar 31, 2015 | 5.10 Mn |
| Mar 31, 2015 | 5.10 Mn |
| Dec 31, 2014 | 50.80 Mn |
| Dec 31, 2014 | 50.80 Mn |
| Sep 30, 2014 | 28.50 Mn |
| Sep 30, 2014 | 28.50 Mn |
| Jun 30, 2014 | 26.30 Mn |
| Jun 30, 2014 | 26.30 Mn |
| Mar 31, 2014 | 9.77 Mn |
| Mar 31, 2014 | 9.77 Mn |
| Dec 31, 2013 | 56.23 Mn |
| Dec 31, 2013 | 56.23 Mn |
| Sep 30, 2013 | 35.40 Mn |
| Sep 30, 2013 | 35.40 Mn |
| Jun 30, 2013 | 26.66 Mn |
| Jun 30, 2013 | 26.66 Mn |
| Mar 31, 2013 | 15.90 Mn |
| Mar 31, 2013 | 15.90 Mn |
| Dec 31, 2012 | 19.08 Mn |
| Dec 31, 2012 | 19.08 Mn |
| Sep 30, 2012 | 7.07 Mn |
| Sep 30, 2012 | 7.07 Mn |
| Mar 31, 2012 | 250,000.00 |
| Mar 31, 2012 | 250,000.00 |
| Dec 31, 2011 | 24.69 Mn |
| Dec 31, 2011 | 24.69 Mn |
| Sep 30, 2011 | 36.81 Mn |
| Sep 30, 2011 | 36.81 Mn |
| Jun 30, 2011 | 16.93 Mn |
| Jun 30, 2011 | 16.93 Mn |
| Mar 31, 2011 | 6.72 Mn |
| Mar 31, 2011 | 6.72 Mn |
| Dec 31, 2010 | 10.66 Mn |
| Dec 31, 2010 | 10.66 Mn |
| Sep 30, 2010 | 37.01 Mn |
| Sep 30, 2010 | 37.01 Mn |