Covenant Logistics (CVLG) Times Interest Earned (2010 - 2026)
Covenant Logistics (CVLG) reported Times Interest Earned of $1.62 for Q1 2026, down 39.44% year-over-year from $2.67 in Q1 2025, and down 29.27% on a QoQ basis from $2.29 in Q3 2025.
Covenant Logistics (CVLG) has 17 years of Times Interest Earned data on file, last reported at $1.62 in Q1 2026.
- Quarterly Times Interest Earned fell 39.44% year-over-year to $1.62 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 (down 23.42% YoY) and the FY2025 annual result came in at $0.24, down 92.61% from the prior year.
- Times Interest Earned eased to $1.62 in Q1 2026 per CVLG's latest filing, from $2.29 in the prior quarter.
- Across five years, Times Interest Earned topped out at $63.16 in Q3 2022 and bottomed at $1.3 in Q1 2024.
- The 5-year median for Times Interest Earned is $5.55 (2023), against an average of $14.41.
- The widest annual swing landed in 2022, when Times Interest Earned jumped 203.79%; it then sank 94.34% in 2024.
- Tracing CVLG's Times Interest Earned over 5 years: stood at $13.18 in 2022, then tumbled by 55.59% to $5.85 in 2023, then dropped by 13.45% to $5.07 in 2024, then slumped by 54.9% to $2.29 in 2025, then retreated by 29.27% to $1.62 in 2026.
- Per Business Quant, the three latest CVLG Times Interest Earned figures stand at $1.62 (Q1 2026), $2.29 (Q3 2025), and $4.68 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 1,061.34 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 3.28 |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 25.95 |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 0.93 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 4.77 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | - |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.80 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.34 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 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 |
| Sep 30, 2020 | 3.52 |
| Jun 30, 2020 | -13.89 |
| Mar 31, 2020 | -0.77 |
| Dec 31, 2019 | 0.77 |
| Sep 30, 2019 | -1.76 |
| Jun 30, 2019 | 3.55 |
| Mar 31, 2019 | 1.61 |
| Dec 31, 2018 | 22.68 |
| Sep 30, 2018 | 6.58 |
| Jun 30, 2018 | 7.25 |
| Mar 31, 2018 | 3.28 |
| Dec 31, 2017 | 7.27 |
| Sep 30, 2017 | 4.16 |
| Jun 30, 2017 | 2.02 |
| Mar 31, 2017 | 0.15 |
| Dec 31, 2016 | 6.08 |
| Sep 30, 2016 | 2.78 |
| Jun 30, 2016 | 3.74 |
| Mar 31, 2016 | 3.23 |
| Dec 31, 2015 | 9.80 |
| Sep 30, 2015 | 7.17 |
| Jun 30, 2015 | 10.93 |
| Mar 31, 2015 | 4.56 |
| Dec 31, 2014 | 9.18 |
| Sep 30, 2014 | 2.12 |
| Jun 30, 2014 | 3.33 |
| Mar 31, 2014 | 0.13 |
| Dec 31, 2013 | 3.21 |
| Sep 30, 2013 | 2.47 |
| Jun 30, 2013 | 2.43 |
| Mar 31, 2013 | -0.27 |
| Dec 31, 2012 | 0.23 |
| Sep 30, 2012 | -1.52 |
| Jun 30, 2012 | -3.30 |
| Mar 31, 2012 | 0.67 |
| Dec 31, 2011 | 0.04 |
| Sep 30, 2011 | 2.38 |
| Jun 30, 2011 | -1.84 |
| Dec 31, 2010 | 4.00 |
| Sep 30, 2010 | -1.97 |
| Jun 30, 2010 | 2.34 |