Growth Metrics

Covenant Logistics (CVLG) Tax Provisions (2016 - 2025)

Covenant Logistics (CVLG) has disclosed Tax Provisions for 16 consecutive years, with $1.8 million as the latest value for Q3 2025.

  • Quarterly Tax Provisions fell 57.21% to $1.8 million in Q3 2025 from the year-ago period, while the trailing twelve-month figure was $9.0 million through Sep 2025, down 29.01% year-over-year, with the annual reading at $1.2 million for FY2025, 88.83% down from the prior year.
  • Tax Provisions for Q3 2025 was $1.8 million at Covenant Logistics, down from $3.5 million in the prior quarter.
  • The five-year high for Tax Provisions was $15.6 million in Q3 2022, with the low at -$13.1 million in Q4 2021.
  • Average Tax Provisions over 5 years is $3.8 million, with a median of $3.9 million recorded in 2023.
  • Peak annual rise in Tax Provisions hit 512.85% in 2021, while the deepest fall reached 285.28% in 2021.
  • Over 5 years, Tax Provisions stood at -$13.1 million in 2021, then skyrocketed by 120.86% to $2.7 million in 2022, then skyrocketed by 43.22% to $3.9 million in 2023, then plummeted by 55.01% to $1.8 million in 2024, then rose by 0.74% to $1.8 million in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods came in at $1.8 million, $3.5 million, and $2.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.