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% YoY from $66.3 million in Q1 2024, and up 16.7% sequentially from $66.3 million in Q4 2023.
Covenant Logistics (CVLG) Long-Term Investments (2011 - 2024) Analysis & Trends
Covenant Logistics has disclosed Long-Term Investments across 14 years of filings, most recently posting $77.4 million for 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 improved to $77.4 million in Q4 2024, from $66.3 million in the prior quarter.
- Over the last five years, Long-Term Investments for CVLG reached as high as $77.4 million in Q4 2024 and fell as low as $34.4 million in Q4 2020.
- The 5-year median for Long-Term Investments is $54.7 million (2022), against an average of $55.4 million.
- Annual changes were most pronounced in 2020 — Long-Term Investments climbed 7.71% — and 2021, when it increased 28.61%.
- A 5-year view of Long-Term Investments shows it stood at $34.4 million in 2020, then rose by 28.61% to $44.2 million in 2021, then gained by 23.83% to $54.7 million in 2022, then climbed by 21.2% to $66.3 million in 2023, then advanced by 16.7% to $77.4 million in 2024.
- According to Business Quant data, Long-Term Investments over the past three periods registered $77.4 million, $66.3 million, and $54.7 million for Q4 2024, Q4 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 19.80 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | - |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | - |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | - |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | - |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | - |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 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 |