Covenant Logistics CVLG
NYSE CVLG
$35.20 +0.47 (+1.35%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Covenant Logistics (CVLG) posted quarterly Prepaid Assets of $193000.0 for Q1 2026, down 40.25% year-over-year from $323000.0 in Q1 2025, and down 99.11% quarter-over-quarter from $21.7 million in Q4 2025.

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

Covenant Logistics (CVLG) has reported Prepaid Assets for 17 consecutive years, with $193000.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Prepaid Assets fell 40.25% year-over-year to $193000.0; the TTM figure through Mar 2026 stood at $193000.0 (down 40.25% YoY), while the FY2025 annual figure was $21.7 million, up 6214.29% from the prior year.
  • Prepaid Assets eased to $193000.0 in Q1 2026 per CVLG's latest filing, from $21.7 million in the prior quarter.
  • Across five years, Prepaid Assets topped out at $21.7 million in Q4 2025 and bottomed at $132000.0 in Q3 2022.
  • Historically, Prepaid Assets has averaged $4.3 million across 5 years, with a median of $436000.0 in 2023.
  • Annual changes were most pronounced in 2022 — Prepaid Assets sank 98.72% — and 2023, when it jumped 12455.88%.
  • Covenant Logistics' Prepaid Assets stood at $15.7 million in 2022, then tumbled by 96.63% to $531000.0 in 2023, then plunged by 35.4% to $343000.0 in 2024, then surged by 6214.29% to $21.7 million in 2025, then tumbled by 99.11% to $193000.0 in 2026.
  • Business Quant data shows CVLG's Prepaid Assets at $193000.0 in Q1 2026, $21.7 million in Q4 2025, and $298000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Old Dominion Freight Line 42.90 Bn 42.61 Bn 1.52 Bn
2 Xpo 23.22 Bn 22.92 Bn 1.89 Bn
3 TFI International 11.64 Bn 11.44 Bn -
4 Knight-Swift Transportation Holdings 11.60 Bn 11.42 Bn 1.77 Bn
5 Saia 9.69 Bn 9.61 Bn -
6 Schneider National 6.27 Bn 5.74 Bn 1.00 Bn
7 Rxo 3.79 Bn 3.78 Bn 302.00 Mn
8 Arcbest 3.14 Bn 2.97 Bn 1.14 Bn
9 Werner Enterprises 2.33 Bn 2.27 Bn -
10 Covenant Logistics 885.80 Mn 883.19 Mn 320.47 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 27.71 Mn
Mar 31, 2026 193,000.00
Dec 31, 2025 21.66 Mn
Sep 30, 2025 298,000.00
Jun 30, 2025 318,000.00
Mar 31, 2025 323,000.00
Dec 31, 2024 343,000.00
Sep 30, 2024 430,000.00
Jun 30, 2024 529,000.00
Mar 31, 2024 536,000.00
Dec 31, 2023 531,000.00
Sep 30, 2023 533,000.00
Jun 30, 2023 21.35 Mn
Mar 31, 2023 436,000.00
Dec 31, 2022 15.75 Mn
Sep 30, 2022 132,000.00
Jun 30, 2022 170,000.00
Mar 31, 2022 9.48 Mn
Dec 31, 2021 12.54 Mn
Sep 30, 2021 10.30 Mn