Covenant Logistics (CVLG) Short-Term Debt issuances (2015 - 2026)
Covenant Logistics (CVLG) recorded Short-Term Debt issuances of $64.99 million in Q2 2026, up 35.3% from $48.05 million a year earlier and up 24.4% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Short-Term Debt issuances (2015 - 2026) Analysis & Trends
On a TTM basis, Covenant Logistics' Short-Term Debt issuances came in at $178.26 million as of Jun 30, 2026, up 233.7% year-over-year; for FY2025, it was $109.21 million, up 90.2% from FY2024.
- Annual Short-Term Debt issuances has a five-year compound annual growth rate of -39.4% (FY2020 to FY2025).
- Across earlier years, Short-Term Debt issuances came in at $57.42 million in FY2024 (-58.9%), $139.84 million in FY2023 (+132.2%), $60.23 million in FY2022 (-90.7%) and $644.87 million in FY2021 (-51.9%).
- The Q2 2026 figure is the highest quarterly Short-Term Debt issuances since Q2 2023.
- On a year-over-year basis, Short-Term Debt issuances rose in three of the last six quarters, with growth averaging 36.0%.
- Peak year-over-year performance for Short-Term Debt issuances in the last five years was growth of 437.6% in Q2 2023, against a decline of 99.1% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.23 million (Q1 2026), $34 million (Q4 2025) and $27.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ST Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | - |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | - |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | - |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 75.00 Mn |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | - |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | - |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 64.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.99 Mn |
| Mar 31, 2026 | 52.23 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 27.04 Mn |
| Jun 30, 2025 | 48.05 Mn |
| Mar 31, 2025 | 124,000.00 |
| Dec 31, 2024 | 174,000.00 |
| Sep 30, 2024 | 5.07 Mn |
| Jun 30, 2024 | 37.63 Mn |
| Mar 31, 2024 | 14.55 Mn |
| Dec 31, 2023 | 16.37 Mn |
| Sep 30, 2023 | 28.92 Mn |
| Jun 30, 2023 | 83.88 Mn |
| Mar 31, 2023 | 10.67 Mn |
| Dec 31, 2022 | -14.30 Mn |
| Sep 30, 2022 | -11.10 Mn |
| Jun 30, 2022 | 15.60 Mn |
| Mar 31, 2022 | 70.03 Mn |
| Dec 31, 2021 | 109.68 Mn |
| Sep 30, 2021 | 88.22 Mn |
API Access
Covenant Logistics Short-Term Debt issuances 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=short-term-debt-issuances&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt-issuances", "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=short-term-debt-issuances&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();