Covenant Logistics (CVLG) Total Debt (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly Total Debt of $253.5 million for Q1 2026, up 8.87% year-over-year from $232.9 million in Q1 2025, and down 14.93% quarter-over-quarter from $298.1 million in Q4 2025.
Covenant Logistics (CVLG) Total Debt (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported Total Debt for 17 consecutive years, with $253.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt rose 8.87% year-over-year to $253.5 million; the TTM figure through Mar 2026 stood at $253.5 million (up 8.87% YoY), while the FY2025 annual figure was $298.1 million, up 18.61% from the prior year.
- Total Debt declined to $253.5 million in Q1 2026 per CVLG's latest filing, from $298.1 million in the prior quarter.
- Across five years, Total Debt topped out at $298.1 million in Q4 2025 and bottomed at $47.8 million in Q1 2022.
- Historically, Total Debt has averaged $199.3 million across 5 years, with a median of $244.5 million in 2023.
- On a YoY basis, Total Debt climbed as much as 319.13% in 2022 and fell as far as 38.65% in 2022.
- Covenant Logistics' Total Debt stood at $109.3 million in 2022, then jumped by 123.81% to $244.5 million in 2023, then rose by 2.76% to $251.3 million in 2024, then rose by 18.61% to $298.1 million in 2025, then fell by 14.93% to $253.5 million in 2026.
- Business Quant data shows CVLG's Total Debt at $253.5 million in Q1 2026, $298.1 million in Q4 2025, and $267.6 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.72 Bn | 42.44 Bn | 1.52 Bn | 20.00 Mn |
| 2 | Xpo | 23.10 Bn | 22.80 Bn | 1.89 Bn | 3.21 Bn |
| 3 | TFI International | 11.54 Bn | 11.34 Bn | - | 2.33 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.47 Bn | 11.28 Bn | 1.77 Bn | 469.97 Mn |
| 5 | Saia | 9.67 Bn | 9.59 Bn | - | 100.12 Mn |
| 6 | Schneider National | 6.21 Bn | 5.69 Bn | 1.00 Bn | 396.10 Mn |
| 7 | Rxo | 3.74 Bn | 3.72 Bn | 302.00 Mn | 495.00 Mn |
| 8 | Arcbest | 3.10 Bn | 2.93 Bn | 1.14 Bn | 215.55 Mn |
| 9 | Werner Enterprises | 2.31 Bn | 2.25 Bn | - | 793.00 Mn |
| 10 | Covenant Logistics | 871.81 Mn | 869.19 Mn | 320.47 Mn | 289.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 289.07 Mn |
| Mar 31, 2026 | 253.54 Mn |
| Dec 31, 2025 | 298.05 Mn |
| Sep 30, 2025 | 267.63 Mn |
| Jun 30, 2025 | 265.26 Mn |
| Mar 31, 2025 | 232.89 Mn |
| Dec 31, 2024 | 251.30 Mn |
| Sep 30, 2024 | 265.56 Mn |
| Jun 30, 2024 | 268.08 Mn |
| Mar 31, 2024 | 248.36 Mn |
| Dec 31, 2023 | 244.55 Mn |
| Sep 30, 2023 | 184.57 Mn |
| Jun 30, 2023 | 189.66 Mn |
| Mar 31, 2023 | 117.16 Mn |
| Dec 31, 2022 | 109.26 Mn |
| Sep 30, 2022 | 85.36 Mn |
| Jun 30, 2022 | 58.46 Mn |
| Mar 31, 2022 | 47.77 Mn |
| Dec 31, 2021 | 26.07 Mn |
| Sep 30, 2021 | 30.41 Mn |