Growth Metrics

Covenant Logistics (CVLG) Other Working Capital Changes (2010 - 2026)

Covenant Logistics (CVLG) reported Other Working Capital Changes of -$3.3 million for Q1 2026, up 32.0% year-over-year from -$2.5 million in Q1 2025, and down 298.07% on a QoQ basis from $1.7 million in Q3 2025.

Covenant Logistics (CVLG) has 17 years of Other Working Capital Changes data on file, last reported at -$3.3 million in Q1 2026.

  • Quarterly Other Working Capital Changes rose 32.0% year-over-year to -$3.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.8 million (down 173.49% YoY) and the FY2025 annual result came in at $3.4 million, up 11.58% from the prior year.
  • Other Working Capital Changes fell to -$3.3 million in Q1 2026 per CVLG's latest filing, from $1.7 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $9.3 million in Q2 2023 and bottomed at -$4.8 million in Q1 2025.
  • The 5-year median for Other Working Capital Changes is $1.4 million (2022), against an average of $886600.0.
  • Peak annual rise in Other Working Capital Changes reached 877.46% in 2023, while the deepest fall reached 412.7% in 2023.
  • Tracing CVLG's Other Working Capital Changes over 5 years: stood at $4.5 million in 2022, then sank by 67.3% to $1.5 million in 2023, then surged by 174.56% to $4.1 million in 2024, then sank by 59.34% to $1.7 million in 2025, then tumbled by 298.07% to -$3.3 million in 2026.
  • Per Business Quant, the three latest CVLG Other Working Capital Changes figures stand at -$3.3 million (Q1 2026), $1.7 million (Q3 2025), and $4.7 million (Q2 2025).

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

Download Data 🔒
DateValue
Mar 31, 2026 -3.29 Mn
Mar 31, 2026 -3.29 Mn
Sep 30, 2025 1.66 Mn
Sep 30, 2025 1.66 Mn
Jun 30, 2025 4.69 Mn
Jun 30, 2025 4.69 Mn
Mar 31, 2025 -4.83 Mn
Mar 31, 2025 -4.83 Mn
Sep 30, 2024 4.08 Mn
Sep 30, 2024 4.08 Mn
Jun 30, 2024 7.11 Mn
Jun 30, 2024 7.11 Mn
Mar 31, 2024 -3.95 Mn
Mar 31, 2024 -3.95 Mn
Dec 31, 2023 1.49 Mn
Dec 31, 2023 1.49 Mn
Sep 30, 2023 -4.26 Mn
Sep 30, 2023 -4.26 Mn
Jun 30, 2023 9.33 Mn
Jun 30, 2023 9.33 Mn
Mar 31, 2023 -2.56 Mn
Mar 31, 2023 -2.56 Mn
Dec 31, 2022 4.54 Mn
Dec 31, 2022 4.54 Mn
Sep 30, 2022 1.36 Mn
Sep 30, 2022 1.36 Mn
Jun 30, 2022 954,000.00
Jun 30, 2022 954,000.00
Mar 31, 2022 -3.03 Mn
Mar 31, 2022 -3.03 Mn
Dec 31, 2021 2.21 Mn
Dec 31, 2021 2.21 Mn
Sep 30, 2021 -954,000.00
Sep 30, 2021 -954,000.00
Jun 30, 2021 -1.61 Mn
Jun 30, 2021 -1.61 Mn
Mar 31, 2021 1.06 Mn
Mar 31, 2021 1.06 Mn
Dec 31, 2020 5.23 Mn
Dec 31, 2020 5.23 Mn
Sep 30, 2020 -3.66 Mn
Sep 30, 2020 -3.66 Mn
Jun 30, 2020 1.71 Mn
Jun 30, 2020 1.71 Mn
Mar 31, 2020 -3.80 Mn
Mar 31, 2020 -3.80 Mn
Dec 31, 2019 -1.46 Mn
Dec 31, 2019 -1.46 Mn
Sep 30, 2019 -1.99 Mn
Sep 30, 2019 -1.99 Mn
Jun 30, 2019 5.73 Mn
Jun 30, 2019 5.73 Mn
Mar 31, 2019 -2.76 Mn
Mar 31, 2019 -2.76 Mn
Dec 31, 2018 -636,000.00
Dec 31, 2018 -636,000.00
Sep 30, 2018 -2.48 Mn
Sep 30, 2018 -2.48 Mn
Jun 30, 2018 7.57 Mn
Jun 30, 2018 7.57 Mn
Mar 31, 2018 -2.33 Mn
Mar 31, 2018 -2.33 Mn
Dec 31, 2017 -329,000.00
Dec 31, 2017 -329,000.00
Sep 30, 2017 -1.90 Mn
Sep 30, 2017 -1.90 Mn
Jun 30, 2017 2.67 Mn
Jun 30, 2017 2.67 Mn
Mar 31, 2017 -2.21 Mn
Mar 31, 2017 -2.21 Mn
Dec 31, 2016 436,000.00
Dec 31, 2016 436,000.00
Sep 30, 2016 -2.56 Mn
Sep 30, 2016 -2.56 Mn
Jun 30, 2016 5.61 Mn
Jun 30, 2016 5.61 Mn
Mar 31, 2016 -2.03 Mn
Mar 31, 2016 -2.03 Mn
Dec 31, 2015 -1.59 Mn
Dec 31, 2015 -1.59 Mn
Sep 30, 2015 -2.94 Mn
Sep 30, 2015 -2.94 Mn
Jun 30, 2015 3.64 Mn
Jun 30, 2015 3.64 Mn
Mar 31, 2015 -1.80 Mn
Mar 31, 2015 -1.80 Mn
Dec 31, 2014 -976,000.00
Dec 31, 2014 -976,000.00
Sep 30, 2014 -1.64 Mn
Sep 30, 2014 -1.64 Mn
Jun 30, 2014 2.34 Mn
Jun 30, 2014 2.34 Mn
Mar 31, 2014 -1.41 Mn
Mar 31, 2014 -1.41 Mn
Dec 31, 2013 68,000.00
Dec 31, 2013 68,000.00
Sep 30, 2013 -1.00 Mn
Sep 30, 2013 -1.00 Mn
Jun 30, 2013 4.75 Mn
Jun 30, 2013 4.75 Mn
Mar 31, 2013 -1.80 Mn
Mar 31, 2013 -1.80 Mn
Dec 31, 2012 -1.11 Mn
Dec 31, 2012 -1.11 Mn
Sep 30, 2012 -3.68 Mn
Sep 30, 2012 -3.68 Mn
Jun 30, 2012 243,000.00
Jun 30, 2012 243,000.00
Mar 31, 2012 -85,000.00
Mar 31, 2012 -85,000.00
Dec 31, 2011 -4.76 Mn
Dec 31, 2011 -4.76 Mn
Sep 30, 2011 1.33 Mn
Sep 30, 2011 1.33 Mn
Jun 30, 2011 2.69 Mn
Jun 30, 2011 2.69 Mn
Mar 31, 2011 -778,000.00
Mar 31, 2011 -778,000.00
Dec 31, 2010 -1.54 Mn
Dec 31, 2010 -1.54 Mn
Sep 30, 2010 -273,000.00
Sep 30, 2010 -273,000.00