Covenant Logistics (CVLG) Total Debt (2010 - 2026)
Covenant Logistics (CVLG) reported 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% on a QoQ basis from $298.1 million in Q4 2025.
Covenant Logistics (CVLG) has 17 years of Total Debt data on file, last reported at $253.5 million in Q1 2026.
- Quarterly Total Debt rose 8.87% year-over-year to $253.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $253.5 million (up 8.87% YoY) and the FY2025 annual result came in at $298.1 million, up 18.61% from the prior year.
- Total Debt slipped 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.
- The 5-year median for Total Debt is $244.5 million (2023), against an average of $199.3 million.
- Peak annual rise in Total Debt reached 319.13% in 2022, while the deepest fall reached 38.65% in 2022.
- Tracing CVLG's Total Debt over 5 years: stood at $109.3 million in 2022, then jumped by 123.81% to $244.5 million in 2023, then climbed by 2.76% to $251.3 million in 2024, then climbed by 18.61% to $298.1 million in 2025, then slipped by 14.93% to $253.5 million in 2026.
- Per Business Quant, the three latest CVLG Total Debt figures stand at $253.5 million (Q1 2026), $298.1 million (Q4 2025), and $267.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 40.00 Mn |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 3.28 Bn |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 112.76 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 1.14 Bn |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 398.80 Mn |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 447.00 Mn |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 223.65 Mn |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 878.20 Mn |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | - |
| 10 | Covenant Logistics | 1.02 Bn | 1.01 Bn | 292.96 Mn | 253.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 45.70 Mn |
| Mar 31, 2021 | 77.87 Mn |
| Dec 31, 2020 | 55.47 Mn |
| Sep 30, 2020 | 104.41 Mn |
| Jun 30, 2020 | 270.11 Mn |
| Mar 31, 2020 | 289.61 Mn |
| Dec 31, 2019 | 254.55 Mn |
| Sep 30, 2019 | 277.53 Mn |
| Jun 30, 2019 | 246.64 Mn |
| Mar 31, 2019 | 229.84 Mn |
| Dec 31, 2018 | 195.35 Mn |
| Sep 30, 2018 | 196.68 Mn |
| Jun 30, 2018 | 228.49 Mn |
| Mar 31, 2018 | 189.97 Mn |
| Dec 31, 2017 | 189.06 Mn |
| Sep 30, 2017 | 194.37 Mn |
| Jun 30, 2017 | 185.43 Mn |
| Mar 31, 2017 | 182.62 Mn |
| Dec 31, 2016 | 193.62 Mn |
| Sep 30, 2016 | 209.48 Mn |
| Jun 30, 2016 | 192.54 Mn |
| Mar 31, 2016 | 177.84 Mn |
| Dec 31, 2015 | 239.48 Mn |
| Sep 30, 2015 | 225.58 Mn |
| Jun 30, 2015 | 148.19 Mn |
| Mar 31, 2015 | 154.56 Mn |
| Dec 31, 2014 | 188.96 Mn |
| Sep 30, 2014 | 205.57 Mn |
| Jun 30, 2014 | 211.05 Mn |
| Mar 31, 2014 | 220.54 Mn |
| Dec 31, 2013 | 222.29 Mn |
| Sep 30, 2013 | 186.97 Mn |
| Jun 30, 2013 | 169.37 Mn |
| Mar 31, 2013 | 159.53 Mn |
| Dec 31, 2012 | 160.94 Mn |
| Sep 30, 2012 | 155.48 Mn |
| Jun 30, 2012 | 173.70 Mn |
| Mar 31, 2012 | 197.89 Mn |
| Dec 31, 2011 | 226.38 Mn |
| Sep 30, 2011 | 214.03 Mn |
| Jun 30, 2011 | 202.45 Mn |
| Dec 31, 2010 | 210.34 Mn |