Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Times Interest Earned of $1.62 for Q1 2026, down 39.44% YoY from $2.67 in Q1 2025, and down 29.27% sequentially from $2.29 in Q3 2025.
Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026) Analysis & Trends
Covenant Logistics has disclosed Times Interest Earned across 17 years of filings, most recently posting $1.62 for Q1 2026.
- In Q1 2026, Times Interest Earned fell 39.44% year-over-year to $1.62; the TTM figure through Mar 2026 stood at $3.4 (down 23.42% YoY), while the FY2025 annual figure was $0.24, down 92.61% from the prior year.
- Times Interest Earned declined to $1.62 in Q1 2026, from $2.29 in the prior quarter.
- Over the last five years, Times Interest Earned for CVLG reached as high as $63.16 in Q3 2022 and fell as low as $1.3 in Q1 2024.
- The 5-year median for Times Interest Earned is $5.55 (2023), against an average of $14.41.
- Annual changes were most pronounced in 2022 — Times Interest Earned soared 203.79% — and 2024, when it sank 94.34%.
- A 5-year view of Times Interest Earned shows it stood at $13.18 in 2022, then tumbled by 55.59% to $5.85 in 2023, then fell by 13.45% to $5.07 in 2024, then slumped by 54.9% to $2.29 in 2025, then slipped by 29.27% to $1.62 in 2026.
- According to Business Quant data, Times Interest Earned over the past three periods registered $1.62, $2.29, and $4.68 for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | -19.90 |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 1,061.34 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 3.28 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.93 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 25.95 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 4.77 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | - |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.80 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.34 |
| 10 | Covenant Logistics | 1.12 Bn | 1.11 Bn | 292.96 Mn | 1.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.62 |
| Sep 30, 2025 | 2.29 |
| Jun 30, 2025 | 4.68 |
| Mar 31, 2025 | 2.67 |
| Sep 30, 2024 | 5.07 |
| Jun 30, 2024 | 4.10 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 5.85 |
| Sep 30, 2023 | 5.74 |
| Jun 30, 2023 | 5.55 |
| Mar 31, 2023 | 22.93 |
| Dec 31, 2022 | 13.18 |
| Sep 30, 2022 | 63.16 |
| Jun 30, 2022 | 35.08 |
| Mar 31, 2022 | 42.97 |
| Dec 31, 2021 | 29.61 |
| Sep 30, 2021 | 27.74 |
| Jun 30, 2021 | 25.89 |
| Mar 31, 2021 | 14.14 |
| Dec 31, 2020 | 10.35 |