Growth Metrics

Covenant Logistics (CVLG) Notes Payables (2010 - 2025)

Covenant Logistics (CVLG) reported Notes Payables of $1.7 million for Q2 2025, up 44.89% year-over-year from $1.2 million in Q2 2024, and up 44.89% on a QoQ basis from $1.2 million in Q2 2024.

Covenant Logistics (CVLG) has 15 years of Notes Payables data on file, last reported at $1.7 million in Q2 2025.

  • Quarterly Notes Payables rose 44.89% year-over-year to $1.7 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $1.7 million (up 44.89% YoY) and the FY2025 annual result came in at $1.7 million, up 44.89% from the prior year.
  • Notes Payables grew to $1.7 million in Q2 2025 per CVLG's latest filing, from $1.2 million in the prior quarter.
  • Across five years, Notes Payables topped out at $2.1 million in Q2 2023 and bottomed at $771000.0 in Q3 2023.
  • The 4-year median for Notes Payables is $1.1 million (2024), against an average of $1.2 million.
  • The widest annual swing landed in 2021, when Notes Payables jumped 62.79%; it then sank 43.46% in 2024.
  • Tracing CVLG's Notes Payables over 4 years: stood at $783000.0 in 2021, then dropped by 1.53% to $771000.0 in 2023, then jumped by 53.7% to $1.2 million in 2024, then soared by 44.89% to $1.7 million in 2025.
  • Per Business Quant, the three latest CVLG Notes Payables figures stand at $1.7 million (Q2 2025), $1.2 million (Q2 2024), and $918000.0 (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn
3 Saia 12.92 Bn 12.88 Bn -
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn
10 Covenant Logistics 1.02 Bn 1.01 Bn 292.96 Mn

Historic Data

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DateValue
Jun 30, 2025 1.72 Mn
Jun 30, 2024 1.19 Mn
Mar 31, 2024 918,000.00
Sep 30, 2023 771,000.00
Jun 30, 2023 2.10 Mn
Mar 31, 2021 783,000.00
Dec 31, 2020 1.22 Mn
Jun 30, 2020 613,000.00
Mar 31, 2020 481,000.00
Dec 31, 2019 592,000.00
Sep 30, 2019 1.19 Mn
Jun 30, 2019 1.61 Mn
Mar 31, 2019 1.63 Mn
Dec 31, 2018 1.86 Mn
Sep 30, 2018 605,000.00
Sep 30, 2017 1.51 Mn
Jun 30, 2017 3.52 Mn
Mar 31, 2017 1.61 Mn
Dec 31, 2016 189,000.00
Sep 30, 2016 1.30 Mn
Mar 31, 2016 3.78 Mn
Dec 31, 2015 4.70 Mn
Jun 30, 2014 2.50 Mn
Mar 31, 2014 3.65 Mn
Dec 31, 2013 2.92 Mn
Sep 30, 2013 5.22 Mn
Jun 30, 2013 7.78 Mn
Mar 31, 2013 7.42 Mn
Dec 31, 2012 8.26 Mn
Sep 30, 2012 8.19 Mn
Jun 30, 2012 8.04 Mn
Mar 31, 2012 6.99 Mn
Dec 31, 2011 5.96 Mn
Sep 30, 2011 7.20 Mn
Jun 30, 2011 7.33 Mn
Dec 31, 2010 4.80 Mn