Covenant Logistics (CVLG) Short term Debt (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Short term Debt of $52.2 million for Q1 2026, up 3.19% year-over-year from $50.5 million in Q1 2025, and down 18.52% quarter-over-quarter from $64.0 million in Q4 2025.
Covenant Logistics (CVLG) Short term Debt (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Short term Debt for 17 consecutive years, with $52.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Short term Debt rose 3.19% year-over-year to $52.2 million; the TTM figure through Mar 2026 stood at $52.2 million (up 3.19% YoY), while the FY2025 annual figure was $64.0 million, changed 0.32% from the prior year.
- Short term Debt fell to $52.2 million in Q1 2026 per CVLG's latest filing, from $64.0 million in the prior quarter.
- Across five years, Short term Debt topped out at $73.1 million in Q3 2024 and bottomed at $4.6 million in Q1 2022.
- Historically, Short term Debt has averaged $42.7 million across 5 years, with a median of $50.5 million in 2025.
- Annual changes were most pronounced in 2023 — Short term Debt soared 363.84% — and 2025, when it slipped 27.68%.
- Covenant Logistics' Short term Debt stood at $18.9 million in 2022, then soared by 152.16% to $47.7 million in 2023, then surged by 34.75% to $64.2 million in 2024, then slipped by 0.32% to $64.0 million in 2025, then retreated by 18.52% to $52.2 million in 2026.
- Business Quant data shows CVLG's Short term Debt at $52.2 million in Q1 2026, $64.0 million in Q4 2025, and $63.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.33 Mn |
| Mar 31, 2026 | 52.15 Mn |
| Dec 31, 2025 | 64.01 Mn |
| Sep 30, 2025 | 63.72 Mn |
| Jun 30, 2025 | 51.16 Mn |
| Mar 31, 2025 | 50.54 Mn |
| Dec 31, 2024 | 64.21 Mn |
| Sep 30, 2024 | 73.10 Mn |
| Jun 30, 2024 | 70.74 Mn |
| Mar 31, 2024 | 60.96 Mn |
| Dec 31, 2023 | 47.65 Mn |
| Sep 30, 2023 | 30.93 Mn |
| Jun 30, 2023 | 26.46 Mn |
| Mar 31, 2023 | 21.37 Mn |
| Dec 31, 2022 | 18.90 Mn |
| Sep 30, 2022 | 15.80 Mn |
| Jun 30, 2022 | 10.40 Mn |
| Mar 31, 2022 | 4.61 Mn |
| Dec 31, 2021 | 5.72 Mn |
| Sep 30, 2021 | 8.39 Mn |