Covenant Logistics (CVLG) Receivables (2010 - 2026)
Covenant Logistics (CVLG) posted Receivables of $173.22 million for Q2 2026, up 10.2% from $157.14 million a year earlier and up 6.6% from the prior quarter.
Covenant Logistics (CVLG) Receivables (2010 - 2026) Analysis & Trends
At the end of FY2025, Covenant Logistics' Receivables came in at $162.02 million, up 11.2% from FY2024.
- Annual Receivables shows a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- In prior years, Covenant Logistics' Receivables was $145.63 million in FY2024 (-0.8%), $146.87 million in FY2023 (+18.8%), $123.6 million in FY2022 (-18.3%) and $151.19 million in FY2021 (+44.1%).
- The Q2 2026 figure stands as the highest quarterly Receivables since Q3 2021.
- On a year-over-year basis, Receivables has increased in each of the last five quarters, with growth averaging 4.2% over the last eight quarters.
- The strongest year-over-year quarter for Receivables in the past five years was Q3 2021, with growth of 79.9%; the weakest was Q3 2022, with a decline of 28.8%.
- According to Business Quant data, Receivables for the three prior quarters was $162.45 million (Q1 2026), $162.02 million (Q4 2025) and $155.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 2.13 Bn |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 1.46 Bn |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 10.71 Bn |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 1.59 Bn |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 1.18 Bn |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 12.67 Bn |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 4.33 Bn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 618.02 Mn |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 2.47 Bn |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 173.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.22 Mn |
| Mar 31, 2026 | 162.45 Mn |
| Dec 31, 2025 | 162.02 Mn |
| Sep 30, 2025 | 155.16 Mn |
| Jun 30, 2025 | 157.14 Mn |
| Mar 31, 2025 | 145.08 Mn |
| Dec 31, 2024 | 145.60 Mn |
| Sep 30, 2024 | 139.51 Mn |
| Jun 30, 2024 | 149.84 Mn |
| Mar 31, 2024 | 150.00 Mn |
| Dec 31, 2023 | 146.87 Mn |
| Sep 30, 2023 | 158.56 Mn |
| Jun 30, 2023 | 147.25 Mn |
| Mar 31, 2023 | 125.65 Mn |
| Dec 31, 2022 | 123.60 Mn |
| Sep 30, 2022 | 137.28 Mn |
| Jun 30, 2022 | 147.28 Mn |
| Mar 31, 2022 | 143.08 Mn |
| Dec 31, 2021 | 151.19 Mn |
| Sep 30, 2021 | 192.93 Mn |
Covenant Logistics Receivables 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=receivables&ticker=CVLG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();