Covenant Logistics (CVLG) Prepaid Assets (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly Prepaid Assets of $193000.0 for Q1 2026, down 98.69% YoY from $14.7 million in Q1 2025, and down 19.58% sequentially from $240000.0 in Q4 2025.

Covenant Logistics (CVLG) Prepaid Assets (2010 - 2026) Analysis & Trends

Covenant Logistics has disclosed Prepaid Assets across 17 years of filings, most recently posting $193000.0 for Q1 2026.

  • In Q1 2026, Prepaid Assets fell 98.69% year-over-year to $193000.0; the TTM figure through Mar 2026 stood at $193000.0 (down 98.69% YoY), while the FY2025 annual figure was $240000.0, down 98.8% from the prior year.
  • Prepaid Assets slipped to $193000.0 in Q1 2026, from $240000.0 in the prior quarter.
  • Over the last five years, Prepaid Assets for CVLG reached as high as $24.2 million in Q2 2024 and fell as low as $69000.0 in Q1 2022.
  • The 5-year median for Prepaid Assets is $13.6 million (2024), against an average of $11.1 million.
  • Annual changes were most pronounced in 2022 — Prepaid Assets tumbled 99.47% — and 2023, when it surged 19123.19%.
  • A 5-year view of Prepaid Assets shows it stood at $367000.0 in 2022, then surged by 4771.93% to $17.9 million in 2023, then advanced by 11.72% to $20.0 million in 2024, then plunged by 98.8% to $240000.0 in 2025, then slipped by 19.58% to $193000.0 in 2026.
  • According to Business Quant data, Prepaid Assets over the past three periods registered $193000.0, $240000.0, and $298000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn
5 Saia 11.19 Bn 11.15 Bn -
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 193,000.00
Dec 31, 2025 240,000.00
Sep 30, 2025 298,000.00
Jun 30, 2025 24.14 Mn
Mar 31, 2025 14.71 Mn
Dec 31, 2024 19.98 Mn
Sep 30, 2024 21.05 Mn
Jun 30, 2024 24.19 Mn
Mar 31, 2024 13.56 Mn
Dec 31, 2023 17.88 Mn
Sep 30, 2023 17.10 Mn
Jun 30, 2023 21.35 Mn
Mar 31, 2023 13.26 Mn
Dec 31, 2022 367,000.00
Sep 30, 2022 132,000.00
Jun 30, 2022 170,000.00
Mar 31, 2022 69,000.00
Sep 30, 2021 10.30 Mn
Jun 30, 2021 11.18 Mn
Mar 31, 2021 13.07 Mn