Covenant Logistics (CVLG) Payables (2010 - 2026)
Covenant Logistics (CVLG) reported Payables of $50.4 million for Q1 2026, up 57.83% year-over-year from $31.9 million in Q1 2025, and up 10.71% on a QoQ basis from $45.5 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Payables data on file, last reported at $50.4 million in Q1 2026.
- Quarterly Payables rose 57.83% year-over-year to $50.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.4 million (up 57.83% YoY) and the FY2025 annual result came in at $45.5 million, up 42.39% from the prior year.
- Payables improved to $50.4 million in Q1 2026 per CVLG's latest filing, from $45.5 million in the prior quarter.
- Across five years, Payables topped out at $50.4 million in Q1 2026 and bottomed at $27.9 million in Q1 2022.
- The 5-year median for Payables is $33.2 million (2023), against an average of $34.7 million.
- The widest annual swing landed in 2022, when Payables slipped 16.12%; it then soared 57.83% in 2026.
- Tracing CVLG's Payables over 5 years: stood at $33.9 million in 2022, then slipped by 2.19% to $33.2 million in 2023, then dropped by 3.67% to $31.9 million in 2024, then surged by 42.39% to $45.5 million in 2025, then grew by 10.71% to $50.4 million in 2026.
- Per Business Quant, the three latest CVLG Payables figures stand at $50.4 million (Q1 2026), $45.5 million (Q4 2025), and $32.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 94.01 Mn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 462.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 147.13 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 255.92 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 271.90 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 584.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 164.24 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 137.52 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 28.77 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 50.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.35 Mn |
| Dec 31, 2025 | 45.48 Mn |
| Sep 30, 2025 | 32.62 Mn |
| Jun 30, 2025 | 36.71 Mn |
| Mar 31, 2025 | 31.90 Mn |
| Dec 31, 2024 | 31.94 Mn |
| Sep 30, 2024 | 31.64 Mn |
| Jun 30, 2024 | 32.77 Mn |
| Mar 31, 2024 | 32.52 Mn |
| Dec 31, 2023 | 33.16 Mn |
| Sep 30, 2023 | 34.97 Mn |
| Jun 30, 2023 | 35.89 Mn |
| Mar 31, 2023 | 28.29 Mn |
| Dec 31, 2022 | 33.90 Mn |
| Sep 30, 2022 | 33.41 Mn |
| Jun 30, 2022 | 36.58 Mn |
| Mar 31, 2022 | 27.85 Mn |
| Dec 31, 2021 | 29.91 Mn |
| Sep 30, 2021 | 25.09 Mn |
| Jun 30, 2021 | 34.97 Mn |
| Mar 31, 2021 | 33.20 Mn |
| Dec 31, 2020 | 32.91 Mn |
| Sep 30, 2020 | 21.93 Mn |
| Jun 30, 2020 | 19.13 Mn |
| Mar 31, 2020 | 24.22 Mn |
| Dec 31, 2019 | 20.09 Mn |
| Sep 30, 2019 | 27.96 Mn |
| Jun 30, 2019 | 26.36 Mn |
| Mar 31, 2019 | 28.46 Mn |
| Dec 31, 2018 | 23.96 Mn |
| Sep 30, 2018 | 22.09 Mn |
| Jun 30, 2018 | 700,000.00 |
| Mar 31, 2018 | 12.52 Mn |
| Dec 31, 2017 | 11.86 Mn |
| Sep 30, 2017 | 13.89 Mn |
| Jun 30, 2017 | 14.35 Mn |
| Mar 31, 2017 | 10.65 Mn |
| Dec 31, 2016 | 13.22 Mn |
| Sep 30, 2016 | 1.70 Mn |
| Jun 30, 2016 | 10.86 Mn |
| Mar 31, 2016 | 4.18 Mn |
| Dec 31, 2015 | 16.97 Mn |
| Sep 30, 2015 | 9.26 Mn |
| Jun 30, 2015 | 11.97 Mn |
| Mar 31, 2015 | 10.26 Mn |
| Dec 31, 2014 | 9.62 Mn |
| Sep 30, 2014 | 9.60 Mn |
| Jun 30, 2014 | 14.93 Mn |
| Mar 31, 2014 | 14.28 Mn |
| Dec 31, 2013 | 11.24 Mn |
| Sep 30, 2013 | 17.14 Mn |
| Jun 30, 2013 | 18.67 Mn |
| Mar 31, 2013 | 17.03 Mn |
| Dec 31, 2012 | 18.30 Mn |
| Sep 30, 2012 | 19.91 Mn |
| Jun 30, 2012 | 17.99 Mn |
| Mar 31, 2012 | 16.75 Mn |
| Dec 31, 2011 | 14.72 Mn |
| Sep 30, 2011 | 13.61 Mn |
| Jun 30, 2011 | 14.67 Mn |
| Dec 31, 2010 | 11.70 Mn |