Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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