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| Date | Value |
|---|---|
| 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 |