Covenant Logistics (CVLG) Long-Term Investments (2011 - 2024)
Covenant Logistics (CVLG) posted quarterly Long-Term Investments of $77.4 million for Q4 2024, up 16.7% year-over-year from $66.3 million in Q1 2024, and up 16.7% quarter-over-quarter from $66.3 million in Q4 2023.
Covenant Logistics (CVLG) Long-Term Investments (2011 - 2024) Analysis & Trends
Covenant Logistics (CVLG) has reported Long-Term Investments for 14 consecutive years, with $77.4 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Long-Term Investments rose 16.7% year-over-year to $77.4 million; the TTM figure through Dec 2024 stood at $77.4 million (up 16.7% YoY), while the FY2024 annual figure was $77.4 million, up 16.7% from the prior year.
- Long-Term Investments rose to $77.4 million in Q4 2024 per CVLG's latest filing, from $66.3 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $77.4 million in Q4 2024 and bottomed at $34.4 million in Q4 2020.
- Historically, Long-Term Investments has averaged $55.4 million across 5 years, with a median of $54.7 million in 2022.
- Annual changes were most pronounced in 2020 — Long-Term Investments climbed 7.71% — and 2021, when it increased 28.61%.
- Covenant Logistics' Long-Term Investments stood at $34.4 million in 2020, then gained by 28.61% to $44.2 million in 2021, then advanced by 23.83% to $54.7 million in 2022, then grew by 21.2% to $66.3 million in 2023, then climbed by 16.7% to $77.4 million in 2024.
- Business Quant data shows CVLG's Long-Term Investments at $77.4 million in Q4 2024, $66.3 million in Q4 2023, and $54.7 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | - |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | - |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 19.07 Mn |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | - |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | - |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | - |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 77.41 Mn |
| Dec 31, 2023 | 66.33 Mn |
| Dec 31, 2022 | 54.73 Mn |
| Dec 31, 2021 | 44.20 Mn |
| Dec 31, 2020 | 34.37 Mn |
| Dec 31, 2019 | 31.91 Mn |
| Dec 31, 2018 | 26.11 Mn |
| Dec 31, 2017 | 20.15 Mn |
| Dec 31, 2016 | 18.53 Mn |
| Dec 31, 2015 | 16.79 Mn |
| Dec 31, 2014 | 12.19 Mn |
| Dec 31, 2013 | 8.74 Mn |
| Dec 31, 2012 | 6.13 Mn |
| Dec 31, 2011 | 2.37 Mn |