Covenant Logistics (CVLG) Operating Leases (2019 - 2026)

Covenant Logistics (CVLG) has 8 years of Operating Leases data on file, last reported at $35.2 million in Q1 2026.

• Quarterly Operating Leases fell 15.1% year-over-year to $35.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $35.2 million (down 15.1% YoY) and the FY2025 annual result came in at $25.3 million, down 19.26% from the prior year.
• Operating Leases climbed to $35.2 million in Q1 2026 per CVLG's latest filing, from $25.3 million in the prior quarter.
• Across five years, Operating Leases topped out at $53.5 million in Q2 2023 and bottomed at $25.3 million in Q4 2025.
• The 5-year median for Operating Leases is $35.5 million (2023), against an average of $37.8 million.
• The widest annual swing landed in 2022, when Operating Leases surged 184.49%; it then sank 40.13% in 2024.
• Tracing CVLG's Operating Leases over 5 years: stood at $46.4 million in 2022, then plunged by 33.46% to $30.9 million in 2023, then rose by 1.33% to $31.3 million in 2024, then slipped by 19.26% to $25.3 million in 2025, then jumped by 39.47% to $35.2 million in 2026.
• Per Business Quant, the three latest CVLG Operating Leases figures stand at $35.2 million (Q1 2026), $25.3 million (Q4 2025), and $38.1 million (Q3 2025).

Peer Comparison