Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026)
Covenant Logistics' Times Interest Earned was 2.97 in Q2 2026, down 36.6% from 4.68 a year earlier but up 83.5% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Covenant Logistics' Times Interest Earned was -0.08 through Jun 30, 2026; for FY2025, it came in at 0.24, down 92.6% from FY2024.
- Times Interest Earned has now declined for three consecutive years.
- In earlier years, Times Interest Earned was 3.30 in FY2024 (-55.3%), 7.38 in FY2023 (-81.1%), 39.14 in FY2022 (+62.7%) and 24.06 in FY2021.
- Quarterly Times Interest Earned has moved between -7.42 (Q4 2025) and 63.16 (Q3 2022) over five years.
- Compared with a year earlier, Times Interest Earned was higher in two of the last seven quarters, with an average decline of 11.1%.
- The best year-over-year quarter for Times Interest Earned over five years was Q3 2021 (growth of 688.1%); the worst was Q1 2024 (a decline of 94.3%).
- Per Business Quant data, CVLG's Times Interest Earned in the three quarters before Q2 2026 was 1.62 (Q1 2026), -7.42 (Q4 2025) and 2.29 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 8.83 |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 7.14 |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 3.42 |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | - |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 5.71 |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | - |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | - |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 6,122.38 |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 3.20 |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | 2.97 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.97 |
| Mar 31, 2026 | 1.62 |
| Dec 31, 2025 | -7.42 |
| Sep 30, 2025 | 2.29 |
| Jun 30, 2025 | 4.68 |
| Mar 31, 2025 | 2.67 |
| Dec 31, 2024 | 2.66 |
| 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 |
API Access
Covenant Logistics Times Interest Earned API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=times-interest-earned&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=times-interest-earned&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();