Covenant Logistics (CVLG) FCF Margin (2010 - 2026)
Covenant Logistics' FCF Margin came in at -13.41% for Q2 2026, down 8.62 percentage points from -4.80% a year earlier and down 19.14 percentage points from the prior quarter.
Powered by 
Analysis
Covenant Logistics (CVLG) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Covenant Logistics reported FCF Margin of -3.07%, down 3.21 percentage points year-over-year; for FY2025, it came in at -2.91%, down 0.26 percentage points from FY2024.
- FCF Margin carries a five-year change of +0.78 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -2.66% in FY2024 (+9.37 pp), -12.03% in FY2023 (-16.86 pp), 4.83% in FY2022 (+1.20 pp) and 3.63% in FY2021 (+7.32 pp).
- The Q2 2026 figure represents the lowest quarterly FCF Margin since Q4 2023.
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +4.90 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2024 (a gain of 27.06 percentage points), and the weakest in Q4 2023 (a drop of 26.59 percentage points).
- Business Quant data shows CVLG's FCF Margin at 5.73% (Q1 2026), -1.01% (Q4 2025) and -2.63% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 167.50 Bn | 162.03 Bn | - | 32.09% |
| 2 | Csx | 88.57 Bn | 84.77 Bn | - | 19.09% |
| 3 | United Parcel Service | 80.55 Bn | 57.44 Bn | - | 0.73% |
| 4 | Canadian Pacific Kansas City | 75.98 Bn | 75.00 Bn | - | 23.25% |
| 5 | Norfolk Southern | 72.12 Bn | 66.76 Bn | - | 17.75% |
| 6 | Fedex | 68.77 Bn | 34.71 Bn | - | 7.16% |
| 7 | Delta Air Lines | 52.14 Bn | 34.32 Bn | - | 2.54% |
| 8 | Old Dominion Freight Line | 38.02 Bn | 37.28 Bn | - | 12.59% |
| 9 | United Airlines Holdings | 33.53 Bn | -22.84 Bn | - | 1.51% |
| 10 | Covenant Logistics | 790.49 Mn | 769.00 Mn | - | -13.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.41% |
| Mar 31, 2026 | 5.73% |
| Dec 31, 2025 | -1.01% |
| Sep 30, 2025 | -2.63% |
| Jun 30, 2025 | -4.80% |
| Mar 31, 2025 | -3.19% |
| Dec 31, 2024 | 0.17% |
| Sep 30, 2024 | 8.43% |
| Jun 30, 2024 | -9.79% |
| 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 | 3.31% |
| Jun 30, 2022 | 5.87% |
| Mar 31, 2022 | 10.54% |
| Dec 31, 2021 | -2.89% |
| Sep 30, 2021 | 9.57% |
API Access
Covenant Logistics FCF Margin 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=fcf-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();