Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Times Interest Earned of $0.68 for Q1 2026, down 17.34% year-over-year from $0.82 in Q1 2025, and down 76.55% quarter-over-quarter from $2.91 in Q3 2025.
Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Times Interest Earned for 17 consecutive years, with $0.68 the latest figure, recorded in Q1 2026.
- In Q1 2026, Times Interest Earned fell 17.34% year-over-year to $0.68; the TTM figure through Mar 2026 stood at $6.53 (down 11.16% YoY), while the FY2025 annual figure was $0.06, down 94.17% from the prior year.
- Times Interest Earned retreated to $0.68 in Q1 2026 per CVLG's latest filing, from $2.91 in the prior quarter.
- Across five years, Times Interest Earned topped out at $5.85 in Q4 2023 and bottomed at $0.53 in Q1 2024.
- Historically, Times Interest Earned has averaged $2.33 across 5 years, with a median of $1.99 in 2022.
- On a YoY basis, Times Interest Earned climbed as much as 697.8% in 2023 and fell as far as 84.02% in 2023.
- Covenant Logistics' Times Interest Earned stood at $0.73 in 2022, then jumped by 697.8% to $5.85 in 2023, then slumped by 40.29% to $3.5 in 2024, then declined by 16.84% to $2.91 in 2025, then slumped by 76.55% to $0.68 in 2026.
- Business Quant data shows CVLG's Times Interest Earned at $0.68 in Q1 2026, $2.91 in Q3 2025, and $3.17 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 6,122.38 |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 5.31 |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 3.16 |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 4.51 |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 61.14 |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 10.35 |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | - |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | -6.08 |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 1.45 |
| 10 | Covenant Logistics | 885.80 Mn | 883.19 Mn | 320.47 Mn | 2.97 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.68 |
| Sep 30, 2025 | 2.91 |
| Jun 30, 2025 | 3.17 |
| Mar 31, 2025 | 0.82 |
| Sep 30, 2024 | 3.50 |
| Jun 30, 2024 | 2.79 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 5.85 |
| Sep 30, 2023 | 1.74 |
| Jun 30, 2023 | 1.51 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 1.99 |
| Jun 30, 2022 | 3.68 |
| Mar 31, 2022 | 4.37 |
| Dec 31, 2021 | -1.19 |
| Sep 30, 2021 | 3.19 |
| Jun 30, 2021 | 3.12 |
| Mar 31, 2021 | 1.76 |