Covenant Logistics (CVLG) Property, Plant & Equipment (Net) (2010 - 2026)
Covenant Logistics (CVLG) reported Property, Plant & Equipment (Net) of $463.36 million for Q2 2026, down 11.5% from $523.41 million a year earlier but up 1.5% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends
At the end of FY2025, Covenant Logistics posted Property, Plant & Equipment (Net) of $477.17 million, down 9.1% from FY2024.
- Property, Plant & Equipment (Net) has a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $524.81 million in FY2024 (+2.0%), $514.66 million in FY2023 (+26.2%), $407.74 million in FY2022 (+17.7%) and $346.48 million in FY2021 (-11.5%).
- Five-year quarterly Property, Plant & Equipment (Net) spans a low of $345.17 million in Q1 2022 and a high of $542.09 million in Q3 2025.
- Year over year, Property, Plant & Equipment (Net) has now declined in each of the last three quarters, with an average decline of 0.9% over the last eight quarters.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q1 2024 (growth of 29.5%); the low point was Q1 2026 (a decline of 12.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $456.67 million (Q1 2026), $477.17 million (Q4 2025) and $542.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 60.20 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 36.95 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 37.89 Bn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 40.23 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 36.63 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 42.04 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 42.21 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 4.44 Bn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 47.96 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 463.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 463.36 Mn |
| Mar 31, 2026 | 456.67 Mn |
| Dec 31, 2025 | 477.17 Mn |
| Sep 30, 2025 | 542.09 Mn |
| Jun 30, 2025 | 523.41 Mn |
| Mar 31, 2025 | 521.91 Mn |
| Dec 31, 2024 | 524.81 Mn |
| Sep 30, 2024 | 537.19 Mn |
| Jun 30, 2024 | 532.88 Mn |
| Mar 31, 2024 | 502.99 Mn |
| Dec 31, 2023 | 514.66 Mn |
| Sep 30, 2023 | 443.92 Mn |
| Jun 30, 2023 | 430.28 Mn |
| Mar 31, 2023 | 388.52 Mn |
| Dec 31, 2022 | 407.74 Mn |
| Sep 30, 2022 | 372.95 Mn |
| Jun 30, 2022 | 357.64 Mn |
| Mar 31, 2022 | 345.17 Mn |
| Dec 31, 2021 | 346.48 Mn |
| Sep 30, 2021 | 350.35 Mn |
API Access
Covenant Logistics Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();