Covenant Logistics (CVLG) Shares Outstanding (Diluted) (2010 - 2026)
Covenant Logistics (CVLG) reported Weighted Average Shares Outstanding (Diluted) of 26.59 million for Q3 2026, up 1.1% from 26.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Covenant Logistics posted Weighted Average Shares Outstanding (Diluted) of 26.91 million, down 2.9% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of -5.0% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 27.71 million in FY2024 (+0.2%), 27.67 million in FY2023 (-10.9%), 31.05 million in FY2022 (-8.8%) and 34.04 million in FY2021 (-1.9%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 26.3 million in Q3 2025 and a high of 34.04 million in Q4 2021.
- Year over year, Weighted Average Shares Outstanding (Diluted) gained in three of the last eight quarters, with an average decline of 1.9%.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q2 2024 (growth of 1.9%); the low point was Q1 2023 (a decline of 17.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 26.59 million (Q2 2026), 26.43 million (Q1 2026) and 26.91 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 594.50 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 852.00 Mn |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 1.85 Bn |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 887.10 Mn |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 239.00 Mn |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 225.20 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 659.00 Mn |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 327.40 Mn |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 208.12 Mn |
| 10 | Covenant Logistics | 795.28 Mn | 773.79 Mn | - | 26.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.59 Mn |
| Mar 31, 2026 | 26.43 Mn |
| Dec 31, 2025 | 26.91 Mn |
| Sep 30, 2025 | 26.30 Mn |
| Jun 30, 2025 | 27.23 Mn |
| Mar 31, 2025 | 27.88 Mn |
| Dec 31, 2024 | 27.71 Mn |
| Sep 30, 2024 | 27.80 Mn |
| Jun 30, 2024 | 27.66 Mn |
| Mar 31, 2024 | 27.60 Mn |
| Dec 31, 2023 | 27.67 Mn |
| Sep 30, 2023 | 27.36 Mn |
| Jun 30, 2023 | 27.15 Mn |
| Mar 31, 2023 | 27.75 Mn |
| Dec 31, 2022 | 31.05 Mn |
| Sep 30, 2022 | 29.78 Mn |
| Jun 30, 2022 | 31.52 Mn |
| Mar 31, 2022 | 33.54 Mn |
| Dec 31, 2021 | 34.04 Mn |
| Sep 30, 2021 | 33.95 Mn |
API Access
Covenant Logistics Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();