Covenant Logistics (CVLG) Non Operating Interest Expenses (2010 - 2026)
Covenant Logistics' (CVLG) quarterly Non Operating Interest Expenses came in at $3.0 million in Q2 2026, up 20.69% year-over-year from $2.5 million in Q2 2025, and down 23.29% quarter-over-quarter from $3.9 million in Q1 2026.
Analysis
Covenant Logistics (CVLG) Non Operating Interest Expenses (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Non Operating Interest Expenses for 17 consecutive years, with $3.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non Operating Interest Expenses rose 20.69% year-over-year to $3.0 million in Q2 2026; TTM through Jun 2026 was $13.6 million, a 40.39% decrease from a year earlier, with the FY2025 full-year figure at $12.1 million, down 11.2% from the prior year.
- Non Operating Interest Expenses was $3.0 million for Q2 2026 at Covenant Logistics, down from $3.9 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $10.3 million in Q3 2024 and troughed at $555000.0 in Q1 2022.
- A 5-year average of $3.0 million and a median of $2.6 million in 2023 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses soared 334.07% in 2024 and sank 66.46% in 2025, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $827000.0 in 2022, then surged by 194.68% to $2.4 million in 2023, then surged by 324.33% to $10.3 million in 2024, then plunged by 68.48% to $3.3 million in 2025, then declined by 8.56% to $3.0 million in 2026.
- The last three Non Operating Interest Expenses figures came in at $3.0 million (Q2 2026), $3.9 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 38.56 Bn | 38.28 Bn | 1.52 Bn | 76,000.00 |
| 2 | Hunt J B Transport Services | 25.71 Bn | 25.71 Bn | - | 16.77 Mn |
| 3 | Xpo | 22.58 Bn | 22.28 Bn | 1.89 Bn | 51.00 Mn |
| 4 | FedEx Freight Holding Company | 19.35 Bn | 19.35 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.72 Bn | 11.54 Bn | 1.77 Bn | 23.25 Mn |
| 6 | TFI International | 11.57 Bn | 11.37 Bn | - | 43.17 Mn |
| 7 | Saia | 9.55 Bn | 9.46 Bn | - | 2.05 Mn |
| 8 | Schneider National | 6.14 Bn | 5.61 Bn | 1.00 Bn | 6.90 Mn |
| 9 | Arcbest | 3.15 Bn | 2.99 Bn | 1.14 Bn | 3.39 Mn |
| 10 | Covenant Logistics | 892.79 Mn | 890.18 Mn | 320.47 Mn | 2.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.98 Mn |
| Mar 31, 2026 | 3.89 Mn |
| Dec 31, 2025 | 3.26 Mn |
| Sep 30, 2025 | 3.47 Mn |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 2.86 Mn |
| Sep 30, 2024 | 10.34 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 3.34 Mn |
| Dec 31, 2023 | 2.44 Mn |
| Sep 30, 2023 | 2.64 Mn |
| Jun 30, 2023 | 2.12 Mn |
| Mar 31, 2023 | 769,000.00 |
| Dec 31, 2022 | 827,000.00 |
| Sep 30, 2022 | 935,000.00 |
| Jun 30, 2022 | 766,000.00 |
| Mar 31, 2022 | 555,000.00 |
| Dec 31, 2021 | 616,000.00 |
| Sep 30, 2021 | 724,000.00 |
| Jun 30, 2021 | 708,000.00 |