Covenant Logistics (CVLG) FCF Margin (2010 - 2026)
Covenant Logistics (CVLG) posted quarterly FCF Margin of 5.73% for Q1 2026, up 892.0% year-over-year from 0.58% in Q1 2025, and up 260.87% quarter-over-quarter from 3.56% in Q3 2025.
Covenant Logistics (CVLG) FCF Margin (2010 - 2026) Analysis & Trends
Covenant Logistics (CVLG) has reported FCF Margin for 17 consecutive years, with 5.73% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 892.0% year-over-year to 5.73%; the TTM figure through Mar 2026 stood at 1.81% (up 296.0% YoY), while the FY2025 annual figure was 2.91%, down 26.0% from the prior year.
- FCF Margin rose to 5.73% in Q1 2026 per CVLG's latest filing, from 3.56% in the prior quarter.
- Across five years, FCF Margin topped out at 10.54% in Q1 2022 and bottomed at 26.9% in Q4 2023.
- Historically, FCF Margin has averaged 3.55% across 5 years, with a median of 3.56% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin sank 2659 bps — and 2026, when it jumped 892 bps.
- Covenant Logistics' FCF Margin stood at 0.3% in 2022, then tumbled by 8757 bps to 26.9% in 2023, then jumped by 87 bps to 3.57% in 2024, then increased by 0 bps to 3.56% in 2025, then jumped by 261 bps to 5.73% in 2026.
- Business Quant data shows CVLG's FCF Margin at 5.73% in Q1 2026, 3.56% in Q3 2025, and 4.04% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.82 Bn | 42.53 Bn | 1.52 Bn | 12.59% |
| 2 | Xpo | 23.27 Bn | 22.97 Bn | 1.89 Bn | 7.69% |
| 3 | TFI International | 11.60 Bn | 11.40 Bn | - | 14.42% |
| 4 | Knight-Swift Transportation Holdings | 11.51 Bn | 11.32 Bn | 1.77 Bn | 2.73% |
| 5 | Saia | 9.68 Bn | 9.59 Bn | - | 5.92% |
| 6 | Schneider National | 6.23 Bn | 5.70 Bn | 1.00 Bn | 3.74% |
| 7 | Rxo | 3.76 Bn | 3.74 Bn | 302.00 Mn | -2.93% |
| 8 | Arcbest | 3.11 Bn | 2.94 Bn | 1.14 Bn | 9.89% |
| 9 | Werner Enterprises | 2.32 Bn | 2.27 Bn | - | 5.87% |
| 10 | Covenant Logistics | 883.79 Mn | 881.17 Mn | 320.47 Mn | -13.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -13.41% |
| Mar 31, 2026 | 5.73% |
| Sep 30, 2025 | -3.56% |
| Jun 30, 2025 | -4.04% |
| Mar 31, 2025 | -3.19% |
| Sep 30, 2024 | -3.57% |
| Jun 30, 2024 | -9.68% |
| Mar 31, 2024 | -9.56% |
| Dec 31, 2023 | -26.90% |
| Sep 30, 2023 | -4.29% |
| Jun 30, 2023 | -13.77% |
| Mar 31, 2023 | -3.36% |
| Dec 31, 2022 | -0.30% |
| Sep 30, 2022 | 6.91% |
| Jun 30, 2022 | 5.87% |
| Mar 31, 2022 | 10.54% |
| Dec 31, 2021 | -2.89% |
| Sep 30, 2021 | 9.57% |
| Jun 30, 2021 | 5.63% |
| Mar 31, 2021 | 2.58% |