Covenant Logistics (CVLG) Receivables (2010 - 2026)

Covenant Logistics (CVLG) posted quarterly Receivables of $6.7 million for Q1 2026, down 95.35% YoY from $145.1 million in Q1 2025, and down 95.84% sequentially from $162.0 million in Q4 2025.

Covenant Logistics (CVLG) Receivables (2010 - 2026) Analysis & Trends

Covenant Logistics has disclosed Receivables across 17 years of filings, most recently posting $6.7 million for Q1 2026.

  • In Q1 2026, Receivables fell 95.35% year-over-year to $6.7 million; the TTM figure through Mar 2026 stood at $6.7 million (down 95.35% YoY), while the FY2025 annual figure was $162.0 million, up 11.28% from the prior year.
  • Receivables fell to $6.7 million in Q1 2026, from $162.0 million in the prior quarter.
  • Over the last five years, Receivables for CVLG reached as high as $162.0 million in Q4 2025 and fell as low as $4.4 million in Q3 2023.
  • The 5-year median for Receivables is $139.5 million (2024), against an average of $101.7 million.
  • Annual changes were most pronounced in 2023 — Receivables plunged 96.69% — and 2024, when it surged 3069.96%.
  • A 5-year view of Receivables shows it stood at $123.6 million in 2022, then rose by 18.83% to $146.9 million in 2023, then retreated by 0.86% to $145.6 million in 2024, then advanced by 11.28% to $162.0 million in 2025, then sank by 95.84% to $6.7 million in 2026.
  • According to Business Quant data, Receivables over the past three periods registered $6.7 million, $162.0 million, and $4.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 TFI International 160.26 Bn 160.08 Bn 963.70 Mn -
2 Old Dominion Freight Line 45.40 Bn 45.11 Bn 1.33 Bn 566.51 Mn
3 Xpo 24.25 Bn 24.01 Bn 1.67 Bn 1.16 Bn
4 Knight-Swift Transportation Holdings 12.57 Bn 12.51 Bn 1.57 Bn 438.09 Mn
5 Saia 11.19 Bn 11.15 Bn - 376.97 Mn
6 Schneider National 6.37 Bn 6.11 Bn 1.27 Bn 756.20 Mn
7 Rxo 4.69 Bn 4.67 Bn 254.00 Mn 1.22 Bn
8 Arcbest 3.12 Bn 3.04 Bn 951.93 Mn 454.76 Mn
9 Werner Enterprises 2.63 Bn 2.59 Bn 726.17 Mn 500.93 Mn
10 Covenant Logistics 1.12 Bn 1.11 Bn 292.96 Mn 162.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 162.45 Mn
Dec 31, 2025 162.02 Mn
Sep 30, 2025 4.81 Mn
Jun 30, 2025 157.14 Mn
Mar 31, 2025 4.05 Mn
Dec 31, 2024 145.60 Mn
Sep 30, 2024 4.45 Mn
Jun 30, 2024 4.90 Mn
Mar 31, 2024 6.10 Mn
Dec 31, 2023 146.87 Mn
Sep 30, 2023 4.40 Mn
Jun 30, 2023 147.25 Mn
Mar 31, 2023 125.65 Mn
Dec 31, 2022 123.60 Mn
Sep 30, 2022 4.73 Mn
Jun 30, 2022 141.31 Mn
Mar 31, 2022 7.50 Mn
Dec 31, 2021 143.30 Mn
Sep 30, 2021 1.63 Mn
Jun 30, 2021 167.79 Mn