Growth Metrics

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

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DateValue
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