Covenant Logistics (CVLG) Receivables (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Receivables of $162.5 million for Q1 2026, up 11.97% year-over-year from $145.1 million in Q1 2025, and up 1488.48% quarter-over-quarter from $10.2 million in Q4 2025.
Covenant Logistics (CVLG) Receivables (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Receivables for 17 consecutive years, with $162.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables rose 11.97% year-over-year to $162.5 million; the TTM figure through Mar 2026 stood at $162.5 million (up 11.97% YoY), while the FY2025 annual figure was $162.0 million, up 11.28% from the prior year.
- Receivables improved to $162.5 million in Q1 2026 per CVLG's latest filing, from $10.2 million in the prior quarter.
- Across five years, Receivables topped out at $162.5 million in Q1 2026 and bottomed at $4.8 million in Q2 2025.
- Historically, Receivables has averaged $120.2 million across 5 years, with a median of $145.1 million in 2025.
- Annual changes were most pronounced in 2022 — Receivables soared 30.24% — and 2024, when it sank 96.67%.
- Covenant Logistics' Receivables stood at $120.5 million in 2022, then gained by 21.88% to $146.9 million in 2023, then decreased by 0.86% to $145.6 million in 2024, then plunged by 92.98% to $10.2 million in 2025, then soared by 1488.48% to $162.5 million in 2026.
- Business Quant data shows CVLG's Receivables at $162.5 million in Q1 2026, $10.2 million in Q4 2025, and $155.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.69 Bn | 42.40 Bn | 1.52 Bn | 618.02 Mn |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 1.27 Bn |
| 3 | TFI International | 11.55 Bn | 11.35 Bn | - | 1.07 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.47 Bn | 11.28 Bn | 1.77 Bn | 434.78 Mn |
| 5 | Saia | 9.67 Bn | 9.58 Bn | - | 423.84 Mn |
| 6 | Schneider National | 6.21 Bn | 5.69 Bn | 1.00 Bn | 807.60 Mn |
| 7 | Rxo | 3.73 Bn | 3.71 Bn | 302.00 Mn | 1.44 Bn |
| 8 | Arcbest | 3.09 Bn | 2.93 Bn | 1.14 Bn | 462.99 Mn |
| 9 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - | 508.53 Mn |
| 10 | Covenant Logistics | 871.81 Mn | 869.19 Mn | 320.47 Mn | 173.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 173.22 Mn |
| Mar 31, 2026 | 162.45 Mn |
| Dec 31, 2025 | 10.23 Mn |
| Sep 30, 2025 | 155.16 Mn |
| Jun 30, 2025 | 4.79 Mn |
| Mar 31, 2025 | 145.08 Mn |
| Dec 31, 2024 | 145.60 Mn |
| Sep 30, 2024 | 139.51 Mn |
| Jun 30, 2024 | 4.90 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 | 120.50 Mn |
| Sep 30, 2022 | 137.28 Mn |
| Jun 30, 2022 | 147.28 Mn |
| Mar 31, 2022 | 143.08 Mn |
| Dec 31, 2021 | 143.26 Mn |
| Sep 30, 2021 | 192.93 Mn |