Covenant Logistics (CVLG) Other Gross PP&E Adjustments (2010 - 2026)
Covenant Logistics (CVLG) reported Other Gross PP&E Adjustments of $663.5 million for Q1 2026, down 9.21% year-over-year from $730.8 million in Q1 2025, and down 7.26% on a QoQ basis from $715.4 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Other Gross PP&E Adjustments data on file, last reported at $663.5 million in Q1 2026.
- Quarterly Other Gross PP&E Adjustments fell 9.21% year-over-year to $663.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $663.5 million (down 9.21% YoY) and the FY2025 annual result came in at $715.4 million, down 1.3% from the prior year.
- Other Gross PP&E Adjustments slipped to $663.5 million in Q1 2026 per CVLG's latest filing, from $715.4 million in the prior quarter.
- Across five years, Other Gross PP&E Adjustments topped out at $768.0 million in Q3 2025 and bottomed at $529.9 million in Q1 2022.
- The 5-year median for Other Gross PP&E Adjustments is $683.9 million (2024), against an average of $660.8 million.
- The widest annual swing landed in 2022, when Other Gross PP&E Adjustments rose 28.35%; it then dropped 9.21% in 2026.
- Tracing CVLG's Other Gross PP&E Adjustments over 5 years: stood at $607.0 million in 2022, then climbed by 12.84% to $684.9 million in 2023, then grew by 5.82% to $724.8 million in 2024, then decreased by 1.3% to $715.4 million in 2025, then fell by 7.26% to $663.5 million in 2026.
- Per Business Quant, the three latest CVLG Other Gross PP&E Adjustments figures stand at $663.5 million (Q1 2026), $715.4 million (Q4 2025), and $768.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Gross PP&E Adjustments (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 664.05 Mn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | -758.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 4.15 Bn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 7.08 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 119.30 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -222.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 1.39 Bn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 2.98 Bn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 956.96 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 663.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 663.50 Mn |
| Mar 31, 2026 | 663.50 Mn |
| Dec 31, 2025 | 715.40 Mn |
| Dec 31, 2025 | 715.40 Mn |
| Sep 30, 2025 | 767.99 Mn |
| Sep 30, 2025 | 767.99 Mn |
| Jun 30, 2025 | 734.88 Mn |
| Jun 30, 2025 | 734.88 Mn |
| Mar 31, 2025 | 730.78 Mn |
| Mar 31, 2025 | 730.78 Mn |
| Dec 31, 2024 | 724.80 Mn |
| Dec 31, 2024 | 724.80 Mn |
| Sep 30, 2024 | 733.44 Mn |
| Sep 30, 2024 | 733.44 Mn |
| Jun 30, 2024 | 721.34 Mn |
| Jun 30, 2024 | 721.34 Mn |
| Mar 31, 2024 | 683.88 Mn |
| Mar 31, 2024 | 683.88 Mn |
| Dec 31, 2023 | 684.93 Mn |
| Dec 31, 2023 | 684.93 Mn |
| Sep 30, 2023 | 610.71 Mn |
| Sep 30, 2023 | 610.71 Mn |
| Jun 30, 2023 | 606.51 Mn |
| Jun 30, 2023 | 606.51 Mn |
| Mar 31, 2023 | 591.41 Mn |
| Mar 31, 2023 | 591.41 Mn |
| Dec 31, 2022 | 606.99 Mn |
| Dec 31, 2022 | 606.99 Mn |
| Sep 30, 2022 | 575.84 Mn |
| Sep 30, 2022 | 575.84 Mn |
| Jun 30, 2022 | 551.93 Mn |
| Jun 30, 2022 | 551.93 Mn |
| Mar 31, 2022 | 529.93 Mn |
| Mar 31, 2022 | 529.93 Mn |
| Dec 31, 2021 | 472.91 Mn |
| Dec 31, 2021 | 472.91 Mn |
| Sep 30, 2021 | 510.90 Mn |
| Sep 30, 2021 | 510.90 Mn |
| Jun 30, 2021 | 507.63 Mn |
| Jun 30, 2021 | 507.63 Mn |
| Mar 31, 2021 | 526.14 Mn |
| Mar 31, 2021 | 526.14 Mn |
| Dec 31, 2020 | 491.08 Mn |
| Dec 31, 2020 | 491.08 Mn |
| Sep 30, 2020 | 526.56 Mn |
| Sep 30, 2020 | 526.56 Mn |
| Jun 30, 2020 | 521.37 Mn |
| Jun 30, 2020 | 521.37 Mn |
| Mar 31, 2020 | 685.48 Mn |
| Mar 31, 2020 | 685.48 Mn |
| Dec 31, 2019 | 670.38 Mn |
| Dec 31, 2019 | 670.38 Mn |
| Sep 30, 2019 | 747.56 Mn |
| Sep 30, 2019 | 747.56 Mn |
| Jun 30, 2019 | 721.80 Mn |
| Jun 30, 2019 | 721.80 Mn |
| Mar 31, 2019 | 697.53 Mn |
| Mar 31, 2019 | 697.53 Mn |
| Dec 31, 2018 | 580.45 Mn |
| Dec 31, 2018 | 580.45 Mn |
| Sep 30, 2018 | 635.18 Mn |
| Sep 30, 2018 | 635.18 Mn |
| Jun 30, 2018 | 614.38 Mn |
| Jun 30, 2018 | 614.38 Mn |
| Mar 31, 2018 | 640.84 Mn |
| Mar 31, 2018 | 640.84 Mn |
| Dec 31, 2017 | 620.49 Mn |
| Dec 31, 2017 | 620.49 Mn |
| Sep 30, 2017 | 662.42 Mn |
| Sep 30, 2017 | 662.42 Mn |
| Jun 30, 2017 | 633.86 Mn |
| Jun 30, 2017 | 633.86 Mn |
| Mar 31, 2017 | 641.28 Mn |
| Mar 31, 2017 | 641.28 Mn |
| Dec 31, 2016 | 604.48 Mn |
| Dec 31, 2016 | 604.48 Mn |
| Sep 30, 2016 | 626.93 Mn |
| Sep 30, 2016 | 626.93 Mn |
| Jun 30, 2016 | 609.88 Mn |
| Jun 30, 2016 | 609.88 Mn |
| Mar 31, 2016 | 603.89 Mn |
| Mar 31, 2016 | 603.89 Mn |
| Dec 31, 2015 | 576.67 Mn |
| Dec 31, 2015 | 576.67 Mn |
| Sep 30, 2015 | 598.36 Mn |
| Sep 30, 2015 | 598.36 Mn |
| Jun 30, 2015 | 511.01 Mn |
| Jun 30, 2015 | 511.01 Mn |
| Mar 31, 2015 | 510.99 Mn |
| Mar 31, 2015 | 510.99 Mn |
| Dec 31, 2014 | 471.55 Mn |
| Dec 31, 2014 | 471.55 Mn |
| Sep 30, 2014 | 452.54 Mn |
| Sep 30, 2014 | 452.54 Mn |
| Jun 30, 2014 | 441.27 Mn |
| Jun 30, 2014 | 441.27 Mn |
| Mar 31, 2014 | 452.84 Mn |
| Mar 31, 2014 | 452.84 Mn |
| Dec 31, 2013 | 432.98 Mn |
| Dec 31, 2013 | 432.98 Mn |
| Sep 30, 2013 | 434.54 Mn |
| Sep 30, 2013 | 434.54 Mn |
| Jun 30, 2013 | 417.97 Mn |
| Jun 30, 2013 | 417.97 Mn |
| Mar 31, 2013 | 411.35 Mn |
| Mar 31, 2013 | 411.35 Mn |
| Dec 31, 2012 | 398.65 Mn |
| Dec 31, 2012 | 398.65 Mn |
| Sep 30, 2012 | 405.16 Mn |
| Sep 30, 2012 | 405.16 Mn |
| Jun 30, 2012 | 406.06 Mn |
| Jun 30, 2012 | 406.06 Mn |
| Mar 31, 2012 | 427.75 Mn |
| Mar 31, 2012 | 427.75 Mn |
| Dec 31, 2011 | 418.75 Mn |
| Dec 31, 2011 | 418.75 Mn |
| Sep 30, 2011 | 448.11 Mn |
| Sep 30, 2011 | 448.11 Mn |
| Jun 30, 2011 | 431.76 Mn |
| Jun 30, 2011 | 431.76 Mn |
| Dec 31, 2010 | 450.47 Mn |
| Dec 31, 2010 | 450.47 Mn |