Covenant Logistics (CVLG) Profit After Tax (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Profit After Tax of $4.4 million for Q1 2026, down 32.65% YoY from $6.6 million in Q1 2025, and down 29.44% sequentially from $6.3 million in Q3 2025.
Covenant Logistics (CVLG) Profit After Tax (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Profit After Tax across 17 years of filings, most recently posting $4.4 million for Q1 2026.
- In Q1 2026, Profit After Tax fell 32.65% year-over-year to $4.4 million; the TTM figure through Mar 2026 stood at $27.1 million (down 24.26% YoY), while the FY2025 annual figure was $4.4 million, down 87.72% from the prior year.
- Profit After Tax slipped to $4.4 million in Q1 2026, from $6.3 million in the prior quarter.
- Over the last five years, Profit After Tax for CVLG reached as high as $59.7 million in Q3 2022 and fell as low as $4.0 million in Q1 2024.
- The 5-year median for Profit After Tax is $12.3 million (2023), against an average of $15.3 million.
- Annual changes were most pronounced in 2022 — Profit After Tax soared 262.92% — and 2023, when it tumbled 77.62%.
- A 5-year view of Profit After Tax shows it stood at $11.3 million in 2022, then gained by 17.44% to $13.2 million in 2023, then slipped by 1.6% to $13.0 million in 2024, then slumped by 51.94% to $6.3 million in 2025, then decreased by 29.44% to $4.4 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered $4.4 million, $6.3 million, and $9.8 million for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 43.31 Mn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 238.26 Mn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 101.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | -1.41 Mn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 49.87 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 20.40 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | -36.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | -1.04 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | -4.26 Mn |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 4.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.42 Mn |
| Sep 30, 2025 | 6.26 Mn |
| Jun 30, 2025 | 9.84 Mn |
| Mar 31, 2025 | 6.56 Mn |
| Sep 30, 2024 | 13.03 Mn |
| Jun 30, 2024 | 12.19 Mn |
| Mar 31, 2024 | 3.97 Mn |
| Dec 31, 2023 | 13.25 Mn |
| Sep 30, 2023 | 13.36 Mn |
| Jun 30, 2023 | 12.29 Mn |
| Mar 31, 2023 | 16.64 Mn |
| Dec 31, 2022 | 11.28 Mn |
| Sep 30, 2022 | 59.67 Mn |
| Jun 30, 2022 | 24.53 Mn |
| Mar 31, 2022 | 22.17 Mn |
| Dec 31, 2021 | 17.73 Mn |
| Sep 30, 2021 | 16.44 Mn |
| Jun 30, 2021 | 15.42 Mn |
| Mar 31, 2021 | 11.14 Mn |
| Dec 31, 2020 | -25.66 Mn |