Covenant Logistics (CVLG) Shares Outstanding (Diluted Average) (2010 - 2026)
Covenant Logistics (CVLG) reported Shares Outstanding (Diluted Average) of $26.4 million for Q1 2026, down 5.18% year-over-year from $27.9 million in Q1 2025, and down 1.77% on a QoQ basis from $26.9 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Shares Outstanding (Diluted Average) data on file, last reported at $26.4 million in Q1 2026.
- Quarterly Shares Outstanding (Diluted Average) fell 5.18% year-over-year to $26.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.4 million (down 5.18% YoY) and the FY2025 annual result came in at $26.9 million, down 2.9% from the prior year.
- Shares Outstanding (Diluted Average) slipped to $26.4 million in Q1 2026 per CVLG's latest filing, from $26.9 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $31.0 million in Q4 2022 and bottomed at $13.7 million in Q3 2023.
- The 5-year median for Shares Outstanding (Diluted Average) is $26.9 million (2025), against an average of $23.2 million.
- The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) fell 17.25%; it then soared 102.34% in 2024.
- Tracing CVLG's Shares Outstanding (Diluted Average) over 5 years: stood at $31.0 million in 2022, then slipped by 10.89% to $27.7 million in 2023, then increased by 0.17% to $27.7 million in 2024, then fell by 2.9% to $26.9 million in 2025, then retreated by 1.77% to $26.4 million in 2026.
- Per Business Quant, the three latest CVLG Shares Outstanding (Diluted Average) figures stand at $26.4 million (Q1 2026), $26.9 million (Q4 2025), and $26.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | - |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 119.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 26.81 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 163.14 Mn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 175.90 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 169.10 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 22.34 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 59.91 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 81.52 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 26.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.43 Mn |
| Dec 31, 2025 | 26.91 Mn |
| Sep 30, 2025 | 26.30 Mn |
| Jun 30, 2025 | 27.56 Mn |
| Mar 31, 2025 | 27.88 Mn |
| Dec 31, 2024 | 27.71 Mn |
| Sep 30, 2024 | 27.80 Mn |
| Jun 30, 2024 | 27.60 Mn |
| Mar 31, 2024 | 27.60 Mn |
| Dec 31, 2023 | 27.67 Mn |
| Sep 30, 2023 | 13.74 Mn |
| Jun 30, 2023 | 13.77 Mn |
| Mar 31, 2023 | 13.88 Mn |
| Dec 31, 2022 | 31.05 Mn |
| Sep 30, 2022 | 15.88 Mn |
| Jun 30, 2022 | 16.32 Mn |
| Mar 31, 2022 | 16.77 Mn |
| Dec 31, 2021 | 17.02 Mn |
| Sep 30, 2021 | 17.04 Mn |
| Jun 30, 2021 | 17.05 Mn |
| Mar 31, 2021 | 17.09 Mn |
| Dec 31, 2020 | 17.36 Mn |
| Sep 30, 2020 | 17.44 Mn |
| Jun 30, 2020 | 17.58 Mn |
| Mar 31, 2020 | 18.09 Mn |
| Dec 31, 2019 | 18.64 Mn |
| Sep 30, 2019 | 18.62 Mn |
| Jun 30, 2019 | 18.61 Mn |
| Mar 31, 2019 | 18.53 Mn |
| Dec 31, 2018 | 18.47 Mn |
| Sep 30, 2018 | 18.45 Mn |
| Jun 30, 2018 | 18.44 Mn |
| Mar 31, 2018 | 18.41 Mn |
| Dec 31, 2017 | 18.37 Mn |
| Sep 30, 2017 | 18.40 Mn |
| Jun 30, 2017 | 18.36 Mn |
| Mar 31, 2017 | 18.26 Mn |
| Dec 31, 2016 | 18.27 Mn |
| Sep 30, 2016 | 18.29 Mn |
| Jun 30, 2016 | 18.24 Mn |
| Mar 31, 2016 | 18.27 Mn |
| Dec 31, 2015 | 18.31 Mn |
| Sep 30, 2015 | 18.35 Mn |
| Jun 30, 2015 | 18.36 Mn |
| Mar 31, 2015 | 18.31 Mn |
| Dec 31, 2014 | 15.52 Mn |
| Sep 30, 2014 | 15.17 Mn |
| Jun 30, 2014 | 15.18 Mn |
| Dec 31, 2013 | 15.04 Mn |
| Sep 30, 2013 | 15.02 Mn |
| Jun 30, 2013 | 14.81 Mn |
| Sep 30, 2012 | 14.81 Mn |
| Jun 30, 2012 | 14.80 Mn |
| Sep 30, 2011 | 14.72 Mn |
| Jun 30, 2011 | 14.66 Mn |
| Sep 30, 2010 | 14.61 Mn |
| Jun 30, 2010 | 14.29 Mn |