Covenant Logistics (CVLG) Tax Rate (2010 - 2026)

Covenant Logistics has disclosed Tax Rate across 17 years of filings, most recently posting 27.34% for Q1 2026.

• In Q1 2026, Tax Rate rose 413.0% year-over-year to 27.34%; the TTM figure through Mar 2026 stood at 24.81% (up 139.0% YoY), while the FY2025 annual figure was 21.12%, down 192.0% from the prior year.
• Tax Rate grew to 27.34% in Q1 2026, from 22.05% in the prior quarter.
• Over the last five years, Tax Rate for CVLG reached as high as 27.72% in Q1 2023 and fell as low as 18.17% in Q1 2024.
• The 5-year median for Tax Rate is 24.12% (2024), against an average of 23.79%.
• Annual changes were most pronounced in 2022 — Tax Rate surged 4572 bps — and 2024, when it sank 955 bps.
• A 5-year view of Tax Rate shows it stood at 19.49% in 2022, then advanced by 21 bps to 23.62% in 2023, then increased by 3 bps to 24.32% in 2024, then dropped by 9 bps to 22.05% in 2025, then increased by 24 bps to 27.34% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 27.34%, 22.05%, and 26.35% for Q1 2026, Q3 2025, and Q2 2025 respectively.