Covenant Logistics (CVLG) Profit After Tax (2010 - 2026)
Covenant Logistics (CVLG) reported Profit After Tax of $4.4 million for Q1 2026, down 32.65% year-over-year from $6.6 million in Q1 2025, and down 29.44% quarter-over-quarter from $6.3 million in Q3 2025.
Covenant Logistics (CVLG) Profit After Tax (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has 17 years of Profit After Tax data on file, last reported at $4.4 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at $4.4 million, down 32.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.1 million (down 24.26% YoY), and the FY2025 annual result was $4.4 million, down 87.72% from the prior year.
- Profit After Tax fell to $4.4 million in Q1 2026 per CVLG's latest filing, from $6.3 million in the prior quarter.
- Over five years, Profit After Tax peaked at $59.7 million in Q3 2022 and troughed at $4.0 million in Q1 2024.
- A 5-year average of $15.3 million and a median of $12.3 million in 2023 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2022 and 2023: Profit After Tax soared 262.92% in 2022, then sank 77.62% in 2023.
- 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 plunged by 51.94% to $6.3 million in 2025, then decreased by 29.44% to $4.4 million in 2026.
- Business Quant data shows CVLG's Profit After Tax at $4.4 million in Q1 2026, $6.3 million in Q3 2025, and $9.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 51.22 Bn | 50.93 Bn | 1.33 Bn | 238.26 Mn |
| 2 | Xpo | 26.67 Bn | 26.43 Bn | 1.67 Bn | 101.00 Mn |
| 3 | Knight-Swift Transportation Holdings | 13.23 Bn | 13.17 Bn | 1.57 Bn | -1.41 Mn |
| 4 | Saia | 12.94 Bn | 12.90 Bn | - | 49.87 Mn |
| 5 | Schneider National | 6.73 Bn | 6.47 Bn | 1.27 Bn | 20.40 Mn |
| 6 | Rxo | 4.81 Bn | 4.78 Bn | 254.00 Mn | -36.00 Mn |
| 7 | Arcbest | 3.87 Bn | 3.78 Bn | 951.93 Mn | -1.04 Mn |
| 8 | Werner Enterprises | 2.63 Bn | 2.60 Bn | 726.17 Mn | -4.26 Mn |
| 9 | Marten Transport | 1.48 Bn | 1.43 Bn | 203.18 Mn | 3.70 Mn |
| 10 | Covenant Logistics | 1.14 Bn | 1.13 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 |