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
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