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
DateValue
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