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

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% year-over-year from $6.6 million in Q1 2025, and down 80.5% quarter-over-quarter from $22.7 million in Q3 2025.

Covenant Logistics (CVLG) Profit After Tax (2010 - 2026) Analysis & Trends

Covenant Logistics (CVLG) has reported Profit After Tax for 17 consecutive years, with $4.4 million the latest figure, recorded in 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 $50.1 million (down 9.25% YoY), while the FY2025 annual figure was $4.4 million, down 87.72% from the prior year.
  • Profit After Tax eased to $4.4 million in Q1 2026 per CVLG's latest filing, from $22.7 million in the prior quarter.
  • Across five years, Profit After Tax topped out at $59.7 million in Q3 2022 and bottomed at $4.0 million in Q1 2024.
  • Historically, Profit After Tax has averaged $18.2 million across 5 years, with a median of $15.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Profit After Tax soared 262.92% — and 2023, when it sank 77.62%.
  • Covenant Logistics' Profit After Tax stood at $12.0 million in 2022, then advanced by 10.12% to $13.2 million in 2023, then jumped by 117.08% to $28.8 million in 2024, then decreased by 21.16% to $22.7 million in 2025, then sank by 80.5% to $4.4 million in 2026.
  • Business Quant data shows CVLG's Profit After Tax at $4.4 million in Q1 2026, $22.7 million in Q3 2025, and $16.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Old Dominion Freight Line 42.90 Bn 42.61 Bn 1.52 Bn 350.60 Mn
2 Xpo 23.22 Bn 22.92 Bn 1.89 Bn 162.00 Mn
3 TFI International 11.64 Bn 11.44 Bn - 136.15 Mn
4 Knight-Swift Transportation Holdings 11.60 Bn 11.42 Bn 1.77 Bn 43.42 Mn
5 Saia 9.69 Bn 9.61 Bn - 94.26 Mn
6 Schneider National 6.27 Bn 5.74 Bn 1.00 Bn 49.80 Mn
7 Rxo 3.79 Bn 3.78 Bn 302.00 Mn -9.00 Mn
8 Arcbest 3.14 Bn 2.97 Bn 1.14 Bn -13.82 Mn
9 Werner Enterprises 2.33 Bn 2.27 Bn - 6.35 Mn
10 Covenant Logistics 885.80 Mn 883.19 Mn 320.47 Mn 8.54 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 8.54 Mn
Mar 31, 2026 4.42 Mn
Sep 30, 2025 22.67 Mn
Jun 30, 2025 16.40 Mn
Mar 31, 2025 6.56 Mn
Sep 30, 2024 28.75 Mn
Jun 30, 2024 15.87 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 12.03 Mn
Sep 30, 2022 59.67 Mn
Jun 30, 2022 24.53 Mn
Mar 31, 2022 22.17 Mn
Dec 31, 2021 20.27 Mn
Sep 30, 2021 16.44 Mn
Jun 30, 2021 15.42 Mn
Mar 31, 2021 11.14 Mn