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
DateValue
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