Covenant Logistics (CVLG) Tax Provisions (2010 - 2026)
Covenant Logistics (CVLG) reported Tax Provisions of $1.7 million for Q1 2026, down 16.14% year-over-year from $2.0 million in Q1 2025, and down 6.15% on a QoQ basis from $1.8 million in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Tax Provisions data on file, last reported at $1.7 million in Q1 2026.
- Quarterly Tax Provisions fell 16.14% year-over-year to $1.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.9 million (down 17.24% YoY) and the FY2025 annual result came in at $1.2 million, down 88.83% from the prior year.
- Tax Provisions slipped to $1.7 million in Q1 2026 per CVLG's latest filing, from $1.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $15.6 million in Q3 2022 and bottomed at $849000.0 in Q1 2024.
- The 5-year median for Tax Provisions is $3.8 million (2024), against an average of $4.7 million.
- The widest annual swing landed in 2022, when Tax Provisions surged 153.18%; it then slumped 86.57% in 2024.
- Tracing CVLG's Tax Provisions over 5 years: stood at $2.7 million in 2022, then soared by 43.22% to $3.9 million in 2023, then climbed by 5.91% to $4.1 million in 2024, then slumped by 57.21% to $1.8 million in 2025, then declined by 6.15% to $1.7 million in 2026.
- Per Business Quant, the three latest CVLG Tax Provisions figures stand at $1.7 million (Q1 2026), $1.8 million (Q3 2025), and $3.5 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 79.42 Mn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 23.00 Mn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 15.17 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | -107,000.00 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 6.80 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -13.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | -297,000.00 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | -1.48 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 18.67 Mn |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 1.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.66 Mn |
| Sep 30, 2025 | 1.77 Mn |
| Jun 30, 2025 | 3.52 Mn |
| Mar 31, 2025 | 1.98 Mn |
| Sep 30, 2024 | 4.14 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Mar 31, 2024 | 849,000.00 |
| Dec 31, 2023 | 3.91 Mn |
| Sep 30, 2023 | 4.48 Mn |
| Jun 30, 2023 | 2.90 Mn |
| Mar 31, 2023 | 6.32 Mn |
| Dec 31, 2022 | 2.73 Mn |
| Sep 30, 2022 | 15.56 Mn |
| Jun 30, 2022 | 8.66 Mn |
| Mar 31, 2022 | 7.91 Mn |
| Dec 31, 2021 | -5.99 Mn |
| Sep 30, 2021 | 6.15 Mn |
| Jun 30, 2021 | 5.57 Mn |
| Mar 31, 2021 | 4.15 Mn |
| Dec 31, 2020 | 4.20 Mn |
| Sep 30, 2020 | 1.34 Mn |
| Jun 30, 2020 | -7.34 Mn |
| Mar 31, 2020 | -1.00 Mn |
| Dec 31, 2019 | -5.69 Mn |
| Sep 30, 2019 | 112,000.00 |
| Jun 30, 2019 | 2.18 Mn |
| Mar 31, 2019 | 1.58 Mn |
| Dec 31, 2018 | -10.15 Mn |
| Sep 30, 2018 | 4.25 Mn |
| Jun 30, 2018 | 3.93 Mn |
| Mar 31, 2018 | 1.54 Mn |
| Dec 31, 2017 | -11.31 Mn |
| Sep 30, 2017 | 2.99 Mn |
| Jun 30, 2017 | 1.25 Mn |
| Mar 31, 2017 | -708,000.00 |
| Dec 31, 2016 | -3.76 Mn |
| Sep 30, 2016 | 1.07 Mn |
| Jun 30, 2016 | 2.88 Mn |
| Mar 31, 2016 | 1.62 Mn |
| Dec 31, 2015 | 9.47 Mn |
| Sep 30, 2015 | 5.96 Mn |
| Jun 30, 2015 | 7.39 Mn |
| Mar 31, 2015 | -1.00 Mn |
| Dec 31, 2014 | -5.26 Mn |
| Sep 30, 2014 | 1.98 Mn |
| Jun 30, 2014 | 3.41 Mn |
| Mar 31, 2014 | -219,000.00 |
| Dec 31, 2013 | -4.98 Mn |
| Sep 30, 2013 | 2.67 Mn |
| Jun 30, 2013 | 2.39 Mn |
| Mar 31, 2013 | -909,000.00 |
| Dec 31, 2012 | -4.46 Mn |
| Sep 30, 2012 | 1.15 Mn |
| Jun 30, 2012 | 3.88 Mn |
| Mar 31, 2012 | -265,000.00 |
| Dec 31, 2011 | 1.91 Mn |
| Sep 30, 2011 | -2.25 Mn |
| Jun 30, 2011 | 1.80 Mn |
| Mar 31, 2011 | -1.28 Mn |
| Dec 31, 2010 | -4.90 Mn |
| Sep 30, 2010 | 2.09 Mn |
| Jun 30, 2010 | 2.86 Mn |